Newmont Mining

Agnico Eagle Mines

Barrick Gold

Wheaton Precious Metals

Franco-Nevada C

Kinross Gold

AngloGold Ashanti

Royal Gold

Pan American Silver

Alamos Gold

VanEck Vectors Gold Miners ETF

GDX tracks a market-cap-weighted index of global gold-mining firms.

The precious metals complex has been bullish for a few weeks now. And the Gold Miners ETF (GDX) has had a buy signal for nearly two weeks.

Gold Miners ETF (GDX) Flashing Bullish Buy Signal

VanEck Vectors Gold Miners ETF has benefitted from the rise in gold prices over the past few weeks, but even at these high gold prices, gold miners are extremely overvalued. Even with an expected earnings increase of 28% over the next 12 months, the forward PE ratio is 22.5x, and free cash flows continue to underperform to a large extent.

GDX: Extremely Overvalued Even At These High Gold Prices

The Federal Reserve's recent dovish shift has triggered a substantial rally in gold as real interest rates begin to tumble. Gold is a strong hedge against today's risks since it benefits from sustained inflation and a likely decrease in real interest rates.

GDX: The Best Hedge Against A Rise To The Federal Reserve's Inflation Target

Yamana Gold

SPDR Gold Trust

High inflation, a banking crisis, rising interest rates, and geopolitical tensions

Gold is Pushing $2000: 2 Stocks to Trade the Breakout

Gold prices are closing in on an all-time high above $2,000 an ounce. This pair of MoneyShow contributors weighs in on what's behind the move – and how investors can profit!

Why It's Gold For The Win – And How You Can Profit

Regional banks failures (Signature Bank and Silicon Valley Bank) and ongoing jitters with First Republic Bank have investors on edge. This has ushered in a wave of volatility and weighed heavy on the stock market indices.

Precious Metals Surge On Banking Crisis, Geopolitical Concerns

Goldman Sachs Physical Gold ETF

GraniteShares Gold Shares

Invesco DB Precious Metals Fund

Wisdomtree Efficient Gold Plus Gold Miners Strategy Fund

MicroSectors Gold Miners 3X Inverse Leveraged ETN

VanEck Junior Gold Miners ETF

MicroSectors Gold Miners 3X Leveraged ETN

Credit Suisse X-Links Gold Shares Covered Call ETN

SPDR Gold MiniShares Trust

Aberdeen Standard Precious Metals Basket Trust

U.S. Global GO GOLD and Precious Metal Miners ETF

Global X Gold Explorers ETF

iShares Gold Trust

iShares Gold Strategy ETF

iShares Gold Trust Micro

FT Cboe Vest Gold Target Income ETF

iPath Series B Bloomberg Precious Metals Subindex Total Return ETN

VanEck Merk Gold Trust

Sprott Physical Gold Trust

iShares MSCI Global Metals & Mining Producers ETF

iShares MSCI Global Gold Miners ETF

Sprott Junior Gold Miners ETF

Sprott Gold Miners ETF

Aberdeen Standard Gold ETF Trust

While gold equities were up almost twice as much as gold in January, they were down more than twice as much in February. On February 13, B2Gold announced an agreement to acquire junior developer Sabina Gold & Silver in an all-share transaction.

Gold M&A A Bright Spot Amid Volatility

With Treasury yields elevated and market observers predicting more rate hikes courtesy of the Federal Reserve and other central banks, the current environment appears inhospitable to gold.

Challenging Times for Gold, but Miners Look Interesting

iShares Core U.S. Aggregate Bond ETF

Invesco Currencyshares Japanese Yen Trust

iShares International Treasury Bond ETF

Invesco DB US Dollar Index Bullish Fund

Global financial market crisis is likely to trigger a risk-off sentiment. These ETFs may thus gain ahead.

4 Safe ETFs to Invest to Counter Global Financial Market Crisis

Similar to the mid-1970s, consumer price inflation and asset price deflation occurred simultaneously amid ascending interest rates, and gold was the big winner. The new Bull-Bear chart is intended for timing purposes of rotating from stock and bonds to cash, risk-on to risk-off.

Gold And The Secular Change Of The Century

The major gold miners just reported mixed quarterly results. Uncharacteristically they enjoyed strong production growth, which was impressive. While their higher mining costs fueled by inflation kept climbing, the rate of increases moderated. If this disinflation proves a trend, it along with higher gold prices will boost profitability.

Gold Miners' Q4'22 Fundamentals

SPDR Bloomberg 1-3 Month T-Bill ETF

Franklin Responsibly Sourced Gold ETF

Sprott ESG Gold ETF

iShares Short Treasury Bond ETF

WisdomTree Bloomberg Floating Rate Treasury Fund

United States Oil Fund LP

Not all that glitters is gold, but reader interest is high for ETFs that invest in the precious metal. Since the start of the year, gold ETFs have been one of the top ten research themes on the VettaFi platform.

VettaFi Voices On: Gold

Anglogold Ashanti Plc

EMX Royalty

General Motors

Gold Royalty Corp

IAMGOLD

Lithium Americas Corp

Osisko Gold Royalties

Sandstorm Gold

iShares Silver Trust

Triple Flag Precious Metals Corp

The Precious Metals R&S Index declined by 10.37% in February. The Precious Metals R&S Equally Weighted Index declined by 5.63%.

Precious Metals Royalty And Streaming Companies: The February Report

iShares Core S&P Mid-Cap ETF

JPMorgan Equity Premium Income ETF

Energy Select Sector SPDR Fund

Industrial Select Sector SPDR Fund

Health Care Select Sector SPDR Fund

Some of the best performing ETFs over the last week have been focused on commodities, but don't tell markets that; commodities ETFs saw the most outflows across the asset classes over the last week, with the commodities sector seeing more than $1 billion in outflows, the most across all weekly asset flows.

Weekly Asset Flows: There's Gold in Those ETFs

Global X Silver Miners ETF

Junior mining companies hoping to produce lithium, nickel and other green energy metals are worried that Canada's crackdown on some overseas investors may limit their ability to raise funds for mines and related facilities.

Miners grow anxious as Canada tightens foreign investment rules

iShares MSCI Emerging Markets ETF

iShares China Large-Cap ETF

iShares iBoxx High Yield Corporate Bond ETF

iShares U.S. Home Construction ETF

KraneShares CSI China Internet ETF

iShares iBoxx $ Investment Grade Corporate Bond ETF

United States Natural Gas Fund LP

Technology Select Sector SPDR Fund

While many investors brush off options, many others like to “follow the flow.” In other words, they want to know what the big funds and institutions are doing.

10 ETFs With Heavy Call Options Flow: EEM, HYG, UNG, FXI and More

Despite a 15% decline from its January peak, the GDX is by no means cheap, with a PE ratio of 28x and a price-to-free cash flow ratio of 38x. Even at current gold prices, miners are barely able to generate enough free cash flow to raise their dividends, and recent gold price declines suggest dividends will likely be cut.

GDX: Dividends Could Be At Risk

SGDM's underlying benchmark is tilted towards large cap companies with sound fundamentals. In theory, this could lead to superior performance, compared to a simple market-cap weighting.

SGDM: Better Than GDX?

GDX offers exposure to larger cap companies in the gold space, while GDXJ is tilted towards smaller ones. Both ETFs offer pretty similar cost structure, but GDX trades at higher multiples and offers better dividend yield.

GDX Or GDXJ: Which One To Choose?

Vanguard Short-Term Bond ETF

Invesco DB Commodity Index Tracking Fund

Legg Mason Low Volatility High Dividend ETF

ProShares Short S&P500

Vanguard Intermediate-Term Corporate Bond ETF

Vanguard Consumer Staples ETF

Vanguard U.S. Minimum Volatility ETF

Vanguard Health Care ETF

Vanguard Real Estate ETF

Vanguard S&P 500 ETF

Vanguard Short-Term Inflation-Protected Securities ETF

Vanguard Value ETF

Vanguard Growth ETF

Vanguard Ultra Short-Term Bond ETF

Vanguard Large-Cap ETF

Vanguard Emerging Markets Government Bond ETF

Vanguard Total International Stock ETF

Vanguard High Dividend Yield ETF

Consumer Staples Select Sector SPDR Fund

Utilities Select Sector SPDR Fund

Expert recommendations for choosing among the myriad of Vanguard ETFs may prove to be a valuable resource to investors, even if not all of them will prove right. I present such recommendations made by highly knowledgeable sources, along with my own recommendations and the reasons for them.

Vanguard ETFs: Recommendations For 2023

DB Gold Double Long ETN

Direxion Daily Junior Gold Miners Index Bull 2X Shares

Direxion Daily Gold Miners Index Bull 2X Shares

ProShares Ultra Gold

The solid trend in the bullion is likely to continue at least for the short term, with analysts expecting further gains this year. Given the optimism, investors have a long list of options to tap the metal's rally.

How to Bet on Gold Price Rally With ETFs

Fed Chair Jay Powell said in his Stockholm speech this week that a central bank needs to be politically independent. That may be true, but it does not answer the question of what the choices are in the current US macro situation: 125% debt/GDP and rising, plus the record deficit.

In Case Of A U.S. Sovereign Debt Crisis, Gold May Be The Best Place To Hide

iShares MSCI ACWI ex U.S. ETF

Global X Copper Miners ETF

United States Copper Index Fund

SPDR S&P 500 ETF Trust

In Q4 2022, we projected a broad rally to begin after the midterm elections and lasting well into Q1 2023. The rally would use the post-election pattern, fading inflation signals (and fading Fed hawk angst), and sentiment as its fuel.

Q4-Q1 Rally Regains Its Mojo, Led By The Miners

After adding to my GDX positions near the September lows, the strong rally seen since then appears overdone, and I am no longer bullish. While rising gold prices and falling oil prices should support profitability, valuations are now expensive on most metrics.

GDX: Don't Get Greedy

Canadian Imperial Bank of Commerce

Maverix Metals Inc

Orla Mining Ltd. 

Vox Royalty Corp

The Precious Metals R&S Index decreased by 3.3% in December. The Precious Metals R&S Equally Weighted Index increased by 3.69%.

Precious Metals Royalty And Streaming Companies: The December Report

News for VanEck Vectors Gold Miners ETF ETF (GDX)