PINL:VLTAF - Post by User
Post by
ALLEN4on Jun 25, 2010 7:57am
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Post# 17220936
GDXJ volatility
GDXJ volatility
Interesting article comparing the volatility of GLD, GDX, and GDXJ. GDXJ is of course much more volatile given that it tracks junior gold miners whose share prices are influenced more by specific company prospects and general stock market risk than the price of gold. I think the observations and conclusions apply even moreso to Volta. But as Volta develops its Kiaka deposit and becomes Volta Gold we should see more stability in its share price.
https://seekingalpha.com/article/211299-is-gdxj-a-hyper-volatile-gold-play