RE: ETFs are killing mining shares Nadler said:
"I think in some part here the mining community may have created their own frankenstein with the advent of the gold ETFs which have canablized and scavenged a lot of the money that might have otherwise gone into the share space"
Jon Nadler knows full well that the ETF's were created by the banking interests and not by the "mining community."
Fwiw, I've been against the PM ETF's from the beginning as they seemed then to be nothing more than a vehicle designed to (a) siphon investment and speculative dollars from the mining and exploration stocks and (b) for the COMEX commercials (read JPM et al) to hedge their shorted paper positions from time to time.