It's the hottest asset in town and it's smoking the U.S. markets in 2025. While the S&P is down 3%, Gold is up 14% and the Gold mining companies $GDX are up double that of 28%.
While this Gold trend has now certainly deserved a pause, the longer-term outlook is still decisively bullish.
Take a look at the Gold Miners ETF $GDX, which like all the precious metal mining funds is at the top of our list today. It's in the process of breaking out of a nearly five year base.
So long as GDX is above 44, the bias is to the upside for this group.
