Although there are a handful of juniors moving up, most of them can barely stay even or are down solely due to naked short suppression. Just have a look at ECU, its identical twin SGC, the entire Venture Exchange, and, as noted below, the Australian Gold Miner Index - All Suppressed Well Beyond Fundamentals.

It is global banksterism - VHF

-

Massive Capital Wave Approaches Gold

Neil Charnock

March 29, 2011

...Here is the point I am making in visual form, the red circle at the top of this chart is at 200 whereas the current level of the emerging producers is at just 112! The 200 level was the pinnacle of a 12 month rally whereas the current level is sitting toward the middle (or end?) of a consolidation period. Gold topped at US$730 and A$960 in March 2006, well below current profitability levels with gold hovering around A$1400. Put it another way – gold was A$960 with this index at 200 in early 2006 and now with gold at around A$1400 we see the index languishing at 112.