32.94So if you look at the History of JNUG it is fairly constant at 18-30 dollar range if you equate for the splittings. So at these 3 dollar ranges I think JNUG would be a great buy but... in these markets its hard to say. Also just moving from a x3 leveraged to x2 could split again. However I would have to believe gold miners are getting excited per once/the price of oil per cost. Now that everything has tanked gold is looked at as a safe haven and things being cyclical well... I think miners are due. Larger miners will be looking to lock down some nice sized prospects to fund future projects. JNUG has not seen a large SPIKE north in a while even with all the momentum in gold and I think we might be in for a good ride. Keeping gun powder on the side and looking for a solid entry.
JNUG
Index Top Ten Holdings %:
Sibanye Gold 5.58%
Pan American 5.40%
Kinross Gold 5.36%
Northern Star Resources 4.91%
Gold Fields 4.53%
Yamana Gold 4.08%
Evolution Mining 4.05%
Detour Gold Comp 3.49%
De Minas Buenaventura 3.34%
B2Gold 3.31%
Index Country Weightings %:
Canada 51.57%
Australia 20.36%
South Africa 12.20%
U.S. 5.20%
Peru 3.34%
Jersey 2.19%
U.K. 1.96%
Mexico 1.60%
China 0.89%
Turkey 0.70%
Maybe one more tight split the moon.
