Over the many years, I have always looked at the juniors in any sector to determine whether that sector is in a bull or a bear.
The reality that most gold juniors are DYING is a case of miners warning of an impending collapse in the price of bullion. The market is stating in no uncertain terms that there is NO need to explore for another single ounce of gold in a world DROWNING in gold bullion inventory, with thousands of tons of useless gold sitting in central bank vaults, merely collecting dust. THAT is why the gold juniors look so terrible today -- and it matters not that a few seniors are experiencing fairly strong bumps upward to day when the typical gold junior is STRUGGLING for a puny TWO percent gain, at best.
I use smart evaluations of junior action to determine the health of ALL stock sectors. For example, with regard to the DYING rare earth sector, if you examine the juniors, they are all trading near 52 week lows and many are on the cusp of entering the PINK SHEETS. So it matters not what the seniors are doing when the pathetic sick juniors are SCREAMING that rare earths are on the verge of total collapse.
Learn these smart historical market lessons from your intellectual superiors, my little GLD bagholders, or forever blow all your $$$$ on wrong way long positions in DYING stock sectors, such as the golds, silvers, and rare earths.