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Junior Gold Miners Catching Elusive Bid


Could it be that finally the under-owned and despised gold miners are catching the elusive bid? Could it be that the miners finally are playing catch-up with the relative strength of bullion -- in an economic environment that still requires central bank printing presses to work 24/7 to elicit a glimmer of growth?

Although the junior miners must hurdle and sustain above heavy resistance between 20.50 and 21.55 in the Market Vectors Junior Gold Miners ETF (GDXJ) to confirm that a major bottom has been established, the May-June basing action has the right look of something "special" in its early stages.

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