GDX: The Bull Case For Gold Miners VanEck Gold Miners ETF offers premier exposure to global gold mi...
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GDX: The Bull Case For Gold Miners VanEck Gold Miners ETF offers premier exposure to global gold miners, with top holdings and $26B AUM. I see GDX's recent pullback as an appealing risk/reward setup, supported by contrarian monetary policy expectations and strong central bank gold demand. GDX trades at a steep discount to the S&P 500, boasts strong unit economics, and benefits from secular de-dollarization and supply inelasticity.
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