MVIS – GDXJ Rebalace Q1

Posted on by EconomicAlpha

What a dreadful week.

I’ll leave you with the latest MVIS GDXJ rebalance for Q1 effective at the close March 20, 2020.

After the brutal performance of the index and utter collapse, I’ll save myself the pain from writing any further and giving it any expsoure.

mvgdxj_quarterly-review_2020-q1-2Download

Published by EconomicAlpha

6 thoughts on “MVIS – GDXJ Rebalace Q1”

  1. I see Great Bear was added. Does that mean they have already acquired the required shares for it? Honestly I get confused at times with the timing of these rebalances

    Sent from my iCouch

    >

    Like

    Reply

  2. Luis, Interestingly. EQX is scheduled for inclusion…

    EQX is about to complete the merger with Leagold and will have circa 219m shares outstanding.

    However, in the shares outstanding column of the MVIS spreadsheet they EQX shares outstanding at 150m (ie pre merger)…perhaps that means they have to buy more??

    Chin up- im down 50% from a few weeks ago. Spewing!!! Cest la vie.

    Thanks the write ups.

    Nick

    Like

    Reply

  3. Hi Luis,

    Thanks for this.

    I did not expect to see gold falling to $1,500. I don’t want to say it but at this point it looks like it could test $1,350.

    I couldn’t believe that it would sell off the way it did! As per the media, when there is panic selling, EVERYTHING including gold is sold indiscriminately to raise cash.

    Hopefully this will not last too long but with COVID-15 ramping up it will probably get worse. If the price falls below $1,200 for long, some of our miners will be struggling.

    Good luck to us all!

    Bert Applegath

    ________________________________

    Like

    Reply

Leave a Reply

Fill in your details below or click an icon to log in:

Gravatar
WordPress.com Logo

You are commenting using your WordPress.com account. ( Log Out /  Change )

Google photo

You are commenting using your Google account. ( Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. ( Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. ( Log Out /  Change )

Cancel

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.