Wall Street Unplugged - Your Best Source For Finance, Investing & Economics

Ep. 517: Marin Katusa: Why There's More Pain Ahead for Junior Miners

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Sinopse

Welcome to another episode of Wall Street Unplugged.   Marin is back!   For those unfamiliar, Marin Katusa, the founder of Katusa Research, is probably the most connected guy in the resource industry.   As always, he comes on the show to give listeners his insight and full updates in the gold, uranium, and energy industries.   Coming from a guy who is usually bullish when it comes to junior miners… Today, Marin is taking a completely different stance.   You heard that right.   Marin, who focuses 100% of his time on the resource sector, is giving investors a fair warning.   “A tsunami of selling is coming to the junior mining sector.”   And oddly enough, it has nothing to do with the companies themselves.   The rising issue for junior miners lies behind a major rebalancing of a popular Exchange Traded Fund (ETF) known as the VanEck Junior Gold Miner (symbol GDXJ).   Marin is here to give you all the details of this developing story… and explain why this already weak sector will get even worse.   In a matter of