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Old 12-23-2011, 08:54 AM   #1
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GDXJ distribution...

Well.. we know the source of weakness in the junior miners.. The god damn GDXJ did a $1.212 distribution today (4.75%) and still managed to pass on another 37 cents in taxable gains to the people using the ETF. What does that mean? It means they were the major seller pretty much all year.

http://finance.yahoo.com/news/Market...24380.html?x=0

This has to be the most extreme example of tax loss selling i've ever seen.
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