GDX over GDXJ all the time, in every market, forever.

$GDX is benefitting from consolidation in the gold miners space which should be expected to continue as companies continue to find ways to manage expenses while exploiting dwindling economic resources. GDX is safer and offers the same upside as $GDXJ. $GDXJ should be used for cherry picking stocks out of when you can find a company with a transformational project or projects. One such company we started buying last December is Coeur Mining $CDE with its Silvertip mine. Get to know the companies you invest in. We are buying GDX on all pullbacks. Support appears to be in the middle $20s and upside is well past $40.