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Message: How To Play The Van Eck Registration

How To Play The Van Eck Registration

posted on Oct 16, 2009 08:05AM

We know about the Van Eck Junior Gold Miners ETF that has applied for registration. It consists of 38 juniors that comprise the Market Vectors Junior Gold Miners Index. We have the complete list. What is unique about this situation is that these are relatively small capitalization issues as opposed to normal ETFs which are comprised of mega large caps, so, when it is approved and open for business, the rush of money will drive up the prices of these small caps IMO. Especially in a gold positive market. I already own some, and I plan on picking up more so I can reap the benefit of this unique ETF small cap tinderbox b4 it goes public. The math is compelling. And it is all based on public information.

I think the only question is the magnitude of the effect - not the direction. Do your own due diligence!

Strike

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