Opinions
Larry Berman CFA, CMT, CTA
BMO Junior Gold Index ETF
ZJG-T
WEAK BUY
Jul 28, 2025
$131.600
Stock price when the opinion was issued
E.T.F.'s
It's the ideal tool to help you make quicker, more informed decisions for
managing and tracking your investments.
You might be interested:
WEAK BUY
Junior gold miners. It is not linked to gold. They go up and down relative to the price of gold, but many don’t have production. He thinks gold is going to break out and will pop to $1350. It should retest last year’s highs. Junior gold stocks should test highs also. He does not like the speculative names.
E.T.F.'s
With gold prices where they are now compared to where they were only a few years ago, we're nearly double. If you can't make money today, you'll almost never make money. If you're looking at gold juniors now, and they're not profitable at this level of gold, then avoid them.
ZJG is a basket of junior gold miners. You'll get some diversification and most stocks have been around for a long time, so this is the way to go. He hates the idea of buying new, speculative gold with their "new thing" that they're pushing. 90% of those will never make it, so you'll lose your money more often than not.