Opinions Bill Carrigan
VanEck Gold Miners ETFGDXCOMMENTJan 06, 2015
Bill CarriganStock price when the opinion was issued
As of Jun 10, 2026. Market Open.
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Gold remains in an uptrend, past his target of $2600. He's a big fan of the Commitment of Traders data from the Chicago Board of Trade, which comes out weekly on Fridays at 3:30 pm. Commercial traders continue to reduce exposure on the way up. Though gold can push higher, we're getting to the end of this move in the intermediate term.
We've had a good move, but he's cautious at current levels. Vulnerable to at least a near-term correction. Some charts look great, such as OR, AGI, and WPM, and he'd gravitate toward those.
Pete Najarian
Brooke Thackray(A Top Pick Sep 09/19, Up 41%) This holds the big players like Newmont, without absorbing the risk of those companies. He's taken a little money off the table to buy mid-sized gold names like Alamos. He likes gold and this ETF was the purest play.
John ZechnerJohn Zechner
Gold. Chart shows this was at $20 in October, took a turn down, which was followed by another spike back up to $20 in November. This is called a Pivot. Chart looks like it is just about ready to move higher and take it out. It might be doing that today, but it has to be done on volume, and then give it 3 weeks to confirm that it did occur.