Happy New Year Pic - Cheer up because if GDXJ soars next year so will SFMI - remember a rising tide lifts all boats!!

GotGoldBlog

Got Gold Report - Top Pick for 2012 is GDXJ

After giving it a great deal of thought, our impression is that small mining shares have been unreasonably beaten up in late 2011 and that is the primary driver of our decision to choose GDXJ as our 2012 Top Pick for Steven Halpern’s TheStockAdvisors.com event. Just below is the full article for our readership, having already shared it in full to Vultures. Happy New Year from Got Gold Report.

2012 is the Year for Small Miners and GDXJ

By: Gene Arensberg, Got Gold Report, www.gotgoldreport.com

“Small mining shares have been mistreated in 2011, but nothing in markets lasts forever. The second-worst correction in the history of small mining shares is underway. We see it as a fabulous ‘Vulture Bargain Hunting’ opportunity.” – Got Gold Report’s Gene Arensberg

HOUSTON -- With precious metals in a late-year material pullback in 2011, and with the smaller, less liquid and more speculative junior miners and explorers having been “clocked” by a fearful and worried market, we think positioning a reasonable portion of one’s portfolio in the Market Vectors Junior Gold Miners ETF (NYSE:GDXJ) makes sense. First to capture a rebound for 2012 and then hang on as mining shares finally “answer” higher metals prices looking ahead.