Category: NYSE:GDX
Gold Miners Index: A Pivotal Level For The Bulls
Should Investors Buy Gold Miners on This Pullback?
It’s been an incredible start to the year for the Gold Miners Index (GDX), with the index up 21% year-to-date, outperforming nearly all other asset classes thanks to lower oil prices and continued strength in the gold (GLD) price. While the index was briefly derailed in March following overall market turbulence, it has since soared […]
As Gold Consolidates at $1,700, is it Time to Buy?
Is Now the Time to Buy the Gold Juniors Index (GDXJ)?
We’ve seen a massive bounce off of the lows for the Gold Juniors Index (GDXJ), as many investors pile into the sector at fire-sale prices, given the sector’s robust earnings growth rates. While this significant rally has likely improved sentiment in the sector dramatically, it’s worth noting that it hasn’t done much to improve the […]