GDX, the largest precious metals mining ETF, has outperformed the market, up 22% YTD, despite recent market turbulence and substantial outflows. GDX has underperformed gold over 1, 3, and 5 years, ...
VanEck Gold Miners ETF is trading at multi-year lows relative to gold, but this merely reflects the ongoing deterioration in the sector's fundamentals. Declining profits and free cash flows, along ...
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