ZJG update

ZJG oct 10 2012

The BMO junior gold ETF is a barometer of sorts to keep an eye on. These are small gold exploration and mining companies with high beta’ relative to the big boys. If they stumble there is trouble ahead. In our June 6th blog we drew a line in the sand, go above $17 and things look good, stay below it and things remain problematic. Things may still change  for the better , but for now stand aside.