Buy, Sell or Hold: Market Summary > VanEck Gold Miners ETF (GDX-N)

NYSEARCA:GDX

31.18

0.30 (0.97%) 1d

Showing 1 to 15 of 54 entries

BUY

options This ETF has hung in there even as gold has flattened. The market bought 10,000 of the April 29 expiring calls, going for 70 cents. This is a breakout. Goldminers will continue to rise and maybe make new 52-week highs.

E.T.F.'s

PAST TOP PICK

(A Top Pick Dec 23/21, Up 26%) Nearing end of seasonal period so on following the mandate sold last position. But gold still has room to run and can do well.

E.T.F.'s

TOP PICK

Representative, cap-weighted. Gold performs well coming into the new year. That, plus rising stock market and rising gold prices, and you could see gold miners do quite well. The run could extend into March and April.

E.T.F.'s

BUY

Depending on the vectors you want exposure to, these are his favourite ways to play the gold sector. He believes the world will be in a low interest rate environment for years to come. Gold will outperform.

E.T.F.'s

COMMENT

Broad lithium play with LIT. Battery technology is the future. You want to buy on dips. For copper, COPX is a basket of copper focused fund. For broader precious metals, GDX would be his preference.

E.T.F.'s

BUY

He is still very bullish on it. The next move by the Feds is something that must be measured over the next year or two. There is bandwidth on how you want to play it, but he remains bulllish.

E.T.F.'s

BUY

Going on two years, he's been bullish on gold and gold miners. Gold miners are the biggest position in all his defensive portfolios. It will be more volatile than it has been, but he believes there is still lots of room to run still.

E.T.F.'s

PAST TOP PICK

(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.

E.T.F.'s

PAST TOP PICK

(A Top Pick Jun 15/19, Up 10%) He was bullish on gold and still is. They got hit hard on the way down because of liquidity. Monetization of debt will cause a devaluation in currency and this is bullish for gold.

E.T.F.'s

COMMENT

Will the gold miners catch up to the gold price? They should but they are equities with risk. The monetization of debt that will be necessary by central banks around the world is a bullish scenario and gold stocks will eventually come. A lot of these mines aren't working today, however. He has positions in the sector.

E.T.F.'s

WATCH

There has been a lot of liquidation in risk parity funds that use gold as an asset class. We are moving into a world where governments are just going to print money. At some point it will cause some inflation and cause gold to skyrocket. He sees $1900 in gold at some point. Gold equities are one of the cheapest asset classes on the planet for the next couple of years. Gold won't be the first to recover, though.

E.T.F.'s

PAST TOP PICK

(A Top Pick Jul 15/19, Up 15%) He's bullish gold. There's a global debt crisis, so to get repaid these debts you have to devalue paper currencies, starting with the USD--and gold (the anti-currency) has to rise by default.

E.T.F.'s

DON'T BUY

He's not a gold bull, because gold represents a decline in the value of the US dollar. This one is fine, it's just not something he's bullish on. Gold is dead money.

E.T.F.'s

WEAK BUY

He's had a love/hate feeling towards gold. He's held this only for a short time, because the tailwinds for gold are turning into headwinds. Fears of a collapse in the market and US dollar have not happened, so gold has suffered. The story of the US as the best house on the block is now fraying. He is not bullish gold long-term. He just bought GDX for tactical balance, expecting weakness in the US dollar, but long-term, like 3-5 years, he isn't excited about gold. If global growth stabilizes and the US dollar weakens, gold ETFs should soar.

E.T.F.'s

BUY

Gold - Holding https://www.mint.ca/store/mint/about-the-mint/exchange-traded-receipts-etr-6600002 Holding bullion is fine, but if you're really bullish gold, then hold the stocks. You'll get 2:1 upside vs. the bullion. He's market neutral, but very bullish gold long-term using call spreads using GDX. But gold could pullback to the $1,400 break-out; that's the downside risk.

E.T.F.'s

Showing 1 to 15 of 54 entries

Market Summary > VanEck Gold Miners ETF(GDX-N) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 2

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 2

Stockchase rating for Market Summary > VanEck Gold Miners ETF is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Market Summary > VanEck Gold Miners ETF(GDX-N) Frequently Asked Questions

What is Market Summary > VanEck Gold Miners ETF stock symbol?

Market Summary > VanEck Gold Miners ETF is a American stock, trading under the symbol GDX-N on the NYSE Arca (GDX). It is usually referred to as AMEX:GDX or GDX-N

Is Market Summary > VanEck Gold Miners ETF a buy or a sell?

In the last year, 2 stock analysts published opinions about GDX-N. 2 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Market Summary > VanEck Gold Miners ETF.

Is Market Summary > VanEck Gold Miners ETF a good investment or a top pick?

Market Summary > VanEck Gold Miners ETF was recommended as a Top Pick by on . Read the latest stock experts ratings for Market Summary > VanEck Gold Miners ETF.

Why is Market Summary > VanEck Gold Miners ETF stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Market Summary > VanEck Gold Miners ETF worth watching?

2 stock analysts on Stockchase covered Market Summary > VanEck Gold Miners ETF In the last year. It is a trending stock that is worth watching.

What is Market Summary > VanEck Gold Miners ETF stock price?

On 2022-05-16, Market Summary > VanEck Gold Miners ETF (GDX-N) stock closed at a price of $31.18.

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