Monday, May 8, 2017

Eric Sprott Warns Of Major Sell Off In Gold Mining Stocks As Top ETF Is Forced To Rebalance Holdings


The demand for junior precious metals mining company stocks is soaring, and as a result VanEck's GDXJ is being forced by stringent regulations into rebalancing - forced selling to reduce positions that have become too large, which is creating tremendous opportunities. 

As Eric Sprott says, "There's too much interest. Isn't the the funny thing? There's so much interest that the stocks are going down! It's the most ironic situation that we've ever been in, but there will just be new vehicles created. " Keith Neumeyer & Eric Sprott join me to discuss this, the precious metals manipulation, the problems at the LBMA and much more. Thanks for tuning in.