GDXJ Reverse Split

The GDXJ reverse split says that they presume a market bottom for gold mining shares.

Normally a reverse split occurs in the ETFs when they are in the dumps. The Japanese Yen Ultrashort ETF reverse split some time before Abe was voted in and pledged trillions more in quantitative easing.

One of the dangers of owning GBN.V shares is that reverse split might be in order. Share prices are cheap enough that anyone still sittingon their GBN.V shares can accumulate at these prices in order that their cost average be improved ahead of such a move.

ETF trends

http://scharts.co/16yJrQy

-F6