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Message: GDXJ versus GDX

GDXJ versus GDX

posted on Feb 18, 2010 05:40PM

The Fed news has spiked the $USD, hammered gold and everything else. Just bought some GDXJ in the aftermarket - it's currently down 4% while GDX is down only 1.25%. This could be a mistake, but it seems like a relative bargain. Tomorrow should be interesting - either a buying opportunity or the start of another leg down. I think the former, but I could be wrong. We shall see.......

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