RE:RE:GDXJ rebalancingKirkland is no longer a junior so doesn’t belong with GDXJ....so maybe GDX or maybe kl stock buyback just picks them all up. I suspect they’ll stay one way or another as too hot a stock not to have in their portfolio.
Regardless, the takedown today is just opportunistic for the same group of houses that make their money churning various stock. Look around and see that we’re not alone. Their hope is that bullion will go down as we head into month end. I suspect drill news will bring everyone around to reality and I think we’ll see uptrend continue simply based on predicted organic growth....but who really knows for sure as market players play LOL.