What top creators are saying about VanEck Gold Miners ETF(GDX)

Up 37% year-to-date and 20% in the past month, demonstrating strong operating leverage relative to physical spot gold.

Faces margin pressure from elevated oil operating costs alongside gold resistance, presenting tactical short opportunities targeting $55–$60.

Approaching a breakout above a downtrend that has lasted six to seven months.

Recommended for diversification away from high-multiple tech; miners are seen as extremely cheap relative to gold prices.

Recommended as one-third of a gold allocation, though investors should be cautious of rising energy and extraction costs squeezing margins.

Suggested as a stock-based investment option to leverage the rising gold price environment.

High conviction in miners due to stable costs and skyrocketing selling prices leading to record cash flows.

A strong bullish case exists due to rising gold prices and favorable cost structures (potentially declining oil), which could lead to significant margin expansion. The trade is considered not yet crowded as investor sentiment remains scarred from past underperformance.

Personally long. Believes the leadership in the metals and mining sector will continue for the next couple of years and the rally is in its 'first or second inning'.

A speaker noted a successful trade but sold too early, implying a continued bullish outlook in line with the rally in precious metals.

Considered an attractive, leveraged way to express a bullish view on gold over a multi-year timeframe, with the speaker personally owning 2026 calls.

Highlighted for very strong returns of 'a bit more than 100%' since the new year. However, the speaker is not currently holding it, suggesting other 'laggard' assets may offer better tactical returns in Q4.

The author expresses regret over not holding $GDX calls, which suggests a positive outlook on gold miners.

Investor previously held profitable call options but has since shifted focus away, indicating a neutral current stance.

Author purchased Jan 2026 $50 strike calls, anticipating a significant rise as gold miners are currently lagging the price of gold.

Suggested as an alternative for those who missed the run-up in physical gold, as miners are highly profitable at current gold prices.

Very bullish sentiment was expressed, with the speaker being personally long the ETF, which was noted to be at a 14-year high.