Market Vectors Jr Gold Miners ETF (GDXJ-N)

USD weakening, especially if interest rates peak, should benefit gold. Gold stocks are trading at multi-decade lows. The ETF avoids taking on geopolitical or individual mining risk. There's more growth here than in the larger players, plus more potential for takeout activity.

GDXJ gives him blanket exposure in gold. He owns a lot of gold stocks, including Newmont, Barrick and Kirkland Lake. You can get exposure to juniors through Dundee Precious Metals (he owns). All are interesting. GDXJ is not a bad way to get gold exposure.

Gold producers? He prefers to own the Royal Canadian Mint (MNT) and Sprot (PHY.US) and Franco-Nevada (FNV). He likes the physical element. He would also consider the Junior Miners ETF (GDXJ). At some point, there will be a role for gold to help the economy recover.

See his educational segment on Gold. Gold is one of the biggest exposures he has. He has no problem with this one if you want a little more risk.

He doesn't like gold, especally the juniors. Gold is a bad investment given the strong U.S. dollar.

Has experienced a lot of turmoil recently. It got so big that it became the tail that wagged the dog. The 1^st ETF he has ever seen that moved the underlying market, rather than the market moving it. The rebalancing to a median market cap of $2.8 billion, begins to call into question whether or not it is a small cap Index.

(A Top Short March 20/13. Up 45.70%.) (BNN said March 20 but we show it as April 29.-Bill.) Since then, there has been a split of 1 for 4. Covered his Short 2 months ago and just recently re-established his position. Thinks it is going to be very, very hard for gold to make a real rally. This index has a lot of Junior companies with very marginal resources spaces and they are not going to get the money for development.