Saturday, September 3, 2011

The Gold ETF (GLD), Silver ETF (SLV), mining ETF (GDX) and juniors ETF (GDXJ) in the last five days

We've done this end-of-week comparative before, but today's is interesting because...

...the miners have tracked gold bullion (ETF proxy) very closely (around +5% each) and the junior miners have tracked silver bullion (ETF proxy) very closely (around +7% each). 

So we can't really saying the miners are beating out the metals (as now predicted by all Canadian brokerage anal ysts....tell 'em what they wanna hear, eh boys?) but at least they're up with the pace.