GDX

baconography

The continuous fade on GLD and gold miner stocks won't end until there is truly an end to the war. GDX 6/18 103p AU 6/18 90p AEM 6/18 190p AGI 6/18 48p

tachyonvelocity

Bears are kind of right about parts of the market. Gold and natural gas for example are hidden shorts if all the Iran War thumpers are right. Gold and miners do terribly during commodity-driven inflation as interest rates boom. Miners are literally the most exposed to fluctuating debt rates, international shipping and currency volatility. US natural gas prices are literally the opposite to oil prices because of associated gas. When oil prices are high, producers are willing to take negative natural gas prices because they make so much from oil, and the only place to go for US natural gas is selling into price because there is no way to take it out of the US easily. GDX -4%, UNG -3%, WTI +7%

thewaterb0yyyy

Great did buying opportunity. Yesterday I went long XLE/ET/GDX

Ashamed_Variation435

I sold Google and realized the profit. Right now I have SMH, GDX and XLK. Selling weeklies but less than 20 delta as I want to hold long term

Plane_Platypus_379

Thanks for working it out! Super cool. Well an Nvidia h200 GDX draws 6000 watts. Just to put that in perspective.

Frequent-Length-9966

Good time to buy GDX while no one is paying attention

Poptart_Salad

GDX has gone straight up since I got short this morning. Literally 2 minutes before Rubio released that statement. Can't even get out until tomorrow. fml.

Pereise1

Wondering what my $86c GDX calls are gonna open at.

ThinkingOfTheOldDays

GDX is fine etf

thewaterb0yyyy

Buying the GDX dip. Witness me ✨

Pereise1

Well, at least my puts are GDX puts. Spy 736c lookin good.

callsonreddit

they were talking about GDX on CNBC

ai-moderator

#TLDR --- **Ticker:** XLE, MSTR, GDX **Direction:** Up (for hard assets & energy) / Down (for the broader economy) **Prognosis:** Buy hard assets, energy, and prepare for the 2026 debt collision. **Fed Status:** Pinned between bankrupting corporate America or jamming the money printer into hyperdrive. **Final Exam Grade:** F (Graded in blood and red candles 🩸🖍️)

Independent_Tie_4984

USO and GDX rinse repeat 

Upper-Setting-9042

Bruh did you buy options or something? Im in GDX for like a year now and doing great despite the recent 40% decline.....

baconography

The daily fade on GLD/GDX begins......come on in, boys, the water is fine: GDX 5/08 95p

tachyonvelocity

Want to hedge the war? Just short gold miners, I reshorted GDXU after random gold miners rally of 10%. Remember war is bad for gold, peace is good for gold. But world governments have stopped buying gold and forced to cash in to defend currencies. Then you have China which after Trump goes to kowtow, China will buy Boeing planes by cashing in its gold.  So the trade is simple, buy Boeing, but the problem with oil and hits on airliners, so you hedge with gold miners shorts. Win win because gold speculators made a blow off top, and are now just doing daily trades. Win win win because GDXU is triple leveraged so decays from volatility. You make money even if GDX stays flat.

tachyonvelocity

Peace! What’s it good for? Definitely good for gold and gold miners. What are these moves lol GDX up 8% in 1 day.

SeVenMadRaBBits

So much winning! Capitlaism serves the rich. **The rich are making a lot of money.** ***The rich are winning.*** #You and I just aren't on the winning team: [Trump Bragging About Making Billionaires Even Richer](https://youtube.com/shorts/vZQ24xe2nNo?si=ntfkVzJ9hwMYbK6l) [Trump brags about making CEOs 'very rich' at World economic forum](https://youtu.be/Zsl5EDg8RS8?si=hvAc5YBhSJ5f3aNp) [Trump Promises Tax Cuts to Room Full of Rich People](https://youtube.com/shorts/GDX9l4-0mkg?si=yPxkcEpapYwrqWwZ)

Poptart_Salad

You're much better off shorting gold or longing oil to play this. Equities just don't respond as well. GDX or USO

SeVenMadRaBBits

So much winning! Capitlaism serves the rich. **The rich are making a lot of money.** ***The rich are winning.*** #You and I just aren't on the winning team: [Trump Bragging About Making Billionaires Even Richer](https://youtube.com/shorts/vZQ24xe2nNo?si=ntfkVzJ9hwMYbK6l) [Trump brags about making CEOs 'very rich' at World economic forum](https://youtu.be/Zsl5EDg8RS8?si=hvAc5YBhSJ5f3aNp) [Trump Promises Tax Cuts to Room Full of Rich People](https://youtube.com/shorts/GDX9l4-0mkg?si=yPxkcEpapYwrqWwZ)

SeVenMadRaBBits

So much winning! Capitlaism serves the rich. **The rich are making a lot of money.** ***The rich are winning.*** #You and I just aren't on the winning team: [Trump Bragging About Making Billionaires Even Richer](https://youtube.com/shorts/vZQ24xe2nNo?si=ntfkVzJ9hwMYbK6l) [Trump brags about making CEOs 'very rich' at World economic forum](https://youtu.be/Zsl5EDg8RS8?si=hvAc5YBhSJ5f3aNp) [Trump Promises Tax Cuts to Room Full of Rich People](https://youtube.com/shorts/GDX9l4-0mkg?si=yPxkcEpapYwrqWwZ)

j909m

I buy the gold miners (GDX) instead of gold itself.

GoldenAries4

Mad at myself for not buying SPY puts instead of GLD or GDX puts. I thought since SPY surpassed previous highs it would have more downside than gold. But here we are, SPY continues to be delusional.

BagHoldersOfAmerica

GDX goes down everyday -1% and then will pump 5% in one day and then repeat forever

makomark26

Chill dude . Be decisive , brave, have some conviction.That's what you should be and what your wife wants to see , Time and quality are your best weapons if you have limited stock knowledge , You guys are raking in $140K after taxes . You still have milk on your lip , and 20 racks is nothing . I bought 30 shares of APPLE today because it dropped because Tim Cook is leaving . This stock will be up over the next few years . I saw VOO mentioned . That's legit until you learn to pick a few stocks and options , Long NVDA, CRWD , UBER, GDX, PLTR ,APPL.AFFM , MU,NFLX,META COF in calls and shares . .You're going to be fine .START LEARNING . The best time to start investing ? Last year and 5 minutes ago . So now , Shoot 10 g's at VOO to get your beak wet .. Go get em .

TheHollowHedonist

5% in IBIT, 5% in ETHA, 5% in IAU (GDX if it's a taxable account), 5% in SIVR, 15% in VXUS and 65% in VTI. Tweak it from there. That'll cover your bases since you want to be a little speculative with your crypto.

BagHoldersOfAmerica

Thank you to whoever bought my GDX puts ❤️

Poptart_Salad

Bro I was so freaking close to getting short XLE yesterday. Oh well, at least GDX is finally moving up.

Poptart_Salad

Moves for tomorrow are: 1. Cry that I didn't get long Semis or Tech for this run. 2. Wait for GDX to go up and hope to eventually make money, chart still looks ok-ish. 3. Consider getting short XLE if it goes up a bit more, chart looks weak to me

drew-gen-x

Yeah, Rick Rule has been in mining forever, although he's retired now. He was the gold bugs hero in the 2010's. Mining stocks are very volatile since they have political & energy risks, besides just the underlying commodity. I originally bought more Barrick than actual Gold in 2020 and I would have been ahead if I waited 6 years, but the $GDX miners underperformed $GLD for like 5 years. I'm not a fan of miners. $CCJ and $VALE are a bit more stable thou.

Sad-Airman

!banbet GDX -2% 2d

Hugheston987

ETFs are the way to go for sure, and then I use those same ETFs to stock pick just a few of their top positions in order to spice up my portfolio a bit. For instance, SPMO, SMH, I also hold URA, GDX, and EIS. As for individual stocks, I've got NVDA, ASML, ASTS, and some XOM

Concept-Plastic

$GDX you go bruv 🚀

D_Pablo67

Gold is not speculative. It is conservative. Over long periods of time (20-25), gold and the S&P 500 have about the same appreciation, but move in opposite. Accordingly, many believe allocating 10% of your portfolio to gold (GLD) or gold miners (GDX) is wise diversification. Gold ETF like GLD does not pay dividends, where most S&P 500 companies do, as do most gold miners. I own EMXC (emerging markets ex China) for diversification beyond the USA. I would buy EMXC at $78 or lower and allocate up to 10% of portfolio.

flowtrader26

The breadth point is the most underrated thing here. Oil & Gas at 100% breadth vs AI at 17% tells you everything — one is a real macro rotation, the other is 3-4 mega caps carrying a narrative. Most retail traders look at theme returns and miss this completely. The AI infra vs AI split is spot on too. Physical layer (power, cooling, data center REITs) is getting paid for signed contracts and locked capacity. The software/chip layer is still pricing in optionality that the market isn't rewarding right now. Two completely different risk profiles dressed up as the same trade. The sector ETF lens cuts through this pretty cleanly — XLE and GDX flow data has been signaling the physical asset rotation for weeks before this kind of analysis confirms it. Institutional volume doesn't lie the way price does.

Dazzling_Occasion_47

yes, and adding to this, *most* gold miners are not pure gold miners. There are a few tickers to choose like newmont which is like 85%-90% revenue from gold, but many derive 50% or less from gold, even the ones with gold in the title. This is particularly true of the etfs, and this affect is even more dramatic with silver, which is nearly exclusively mined along with copper, nickel, iron, etc... It's one of the reasons that GDX and SIL don't necessarily follow jumps in the price of SGOL and SLV. Also there's a phase-lag in price response. Gold miners will do well if the price of gold is high and stays high for long enough for the miners to turn excavated ore into profit, but won't necessarily benifit from a parabolic run-up in spot price like what we saw in january.

Naive-Suit3916

SIL and GDX going back up

HawaiiStockguy

Nope. GDX

Concept-Plastic

GDX really going for it

Character_lamp_184

Nice 20% miner flip, and yeah TACO flashbacks + weekend risks scream caution. GDX usually dumps harder than spot on GC breakdowns like this.

Character_lamp_184

Lol WSB bot sniffing new accounts, but that 20% miner flip was chef's kiss. GC cracking 2380 this week could torch GDX even more.

Character_lamp_184

Reframe the statement to focus on educational content without making direct predictions. For example: 'Traders often watch the GC 2400 level as a key support, as a break below could lead to increased volatility in related assets like GDX.'

Pristine-Still4457

The gold thesis makes sense to me, but the reason I keep coming back to it has nothing to do with Fed rate cuts or mining tech. My read is that the structural regime is shifting underneath everything. We spent decades where efficiency was the whole game, global supply chains, just-in-time everything, capital flowing wherever it was cheapest. That era is closing. Sovereignty and security are replacing efficiency as the organizing principles. That is a generational shift, not a cycle. When that happens, real assets with supply constraints tend to reprice for years, not weeks. The options framing here is where I get nervous though. You are using short-dated leverage to express what might be a decade-long thesis. Those two things do not fit together cleanly. GDX shares, sized right, held through the noise, that I understand. Scaling in and out based on momentum is just trading dressed up as conviction. I could be wrong about the timeline, these things move slower than anyone expects until they do not.

iron_condor34

Pretty sure for retail, you would need a covid like event. I think I remember some people talking about being able to do this in GDX during covid. Or possibly the situation with VXX a couple of years ago. But even then, its still really difficult.

IvoryTowerResident

slowing picking up GDX

Nestado

I hold GLDM and GDX. Before this war, my net gain from GDX was $5000 and $3000 for GLDM. GDX is like silver, I am holding it short term to make profit, like a down payment for a car, while GLDM is long term hold and stabilizer for my portfolio. An asset and hedge against inflation and store of value. It doesn't compound, doesn't pay me dividends but it also doesn't get destroyed from the inflation. I also hold BTG, an individual gold mining profitable Canadian company. At one point I was $500 up in pure gains but now both GDX and BTG are down and I am actually down, GLDM is still holding on. I will continue to dollar cost average and by the end of the year, I am hoping they will turn around. I am only contributing up until my average cost basis reaches current share price. Once that is done, I will stop.

Pereise1

So strange to see GDX up 4% on a day oil is up 5%

Poptart_Salad

GDX has been dancing just out of range of my close order for about 30 hours now. Pls just let me out I'm so done.

Jaded-Case

This ( not zero DTE ) GDX , SLV , USO , TQQQ Cheap etf’s high premiums for now.

Pereise1

Yup, bought GDX puts for a reason even though IRL I'm smaug.

Poptart_Salad

GDX is going to feel so silly whenever it gets around to looking at the /GC chart.

kppalm

GDX is the gold mining ETF, AEM gold mining company, RGLD gold loyalty stream company. SIL silver mining ETF, HL silver mining company, WPM silver loyalty stream company

gamers542

I go the ETF route. I do the mining companies such as in GDX, SIL, COPX and URA (gold, silver, copper and uranium respectively). You could do ETFs that actually track the price like GLD and SLV. It's a matter of preference really.

I_am_Nerman

Grabbed a bunch of SPY, NVDA, PLTR, GDX calls and sold puts on FLY, IREN, CIFR this week Open The Casino!

myanriles

About to full port GDX leaps

TheTruthisStrange

3 months should be fairly good. Long term (years is iffy). But it is up about 280% over the last 5 years. What the next 5 years will hold is never guarateed. But their management is superb in that industry, and they are constantly growing organically, and through acquisition, and increase their dividend every year. An investor friend of mine has owned XOM and reinvesed dividends for 40-50 years and he's afraid to tell me how much he has made :):):):):). (My guess +$10-15M. Personally I don't own the stock itself, but I have Yieldmax Covered Call Options on the Stock (ticker: XOMO) which have done great this year. And the Fund Ticker is up \~14% itself YTD. Those CCO funds are not for eveyone so studying and picking the stablest funds is important, but I've studied and continue to study them closely on an ongoing basis and XOMO has been one of their best ones this year with the rise in oil prices. GDXY (a GDX CCO) ""was"" also great, but got hammered with the fall off in Gold over the last 2 weeks. It's recoved quite a bit today, but I'm not in it for now. If the middle east war finally calms down and Gold reverses up again that one will pay out nice weekly dividends. But having said all this, do your homework. Good luck now.

GamblingMikkee

Whatever GDX down 40% in 3 weeks lol

MEURSAULT_BYE

Bulls for GDX and GLD

falken2023

Ok, just sold all my GLD and GDX for a big loss. The market may now recover.

poozyfloor

GDX back to October levels.

Roygbiv-Turtle-98

bro GDX used to be like in the 20's its fucking skyrocketing what are you smoking

InvisibleBlueUnicorn

WTF going on with GDX?? Gold is dropping like stone. I thought gold is safe haven.

Any-Camel-9913

GDX -8% gapdown damn son

falken2023

Holy fuck, GDX has lost over 17% in the last week. WTF?? Surely that shit has to recover. The dip must stop dipping right meow!

Roygbiv-Turtle-98

well if you're trading options you might (most likely) get fucked. if you're buying GLD or GDX you'll be ok just dont sell. keep adding if you can. every month.

No_Feeling920

Gold miners should be benchmarked against GDX, not GLD.

Level_Counter3062

May be time to dump my GDX and SIL shit is just perpetually bleeding

PhysicalResort284

GDX?!?

tampa_weather

Central banks buying gold, de-dollarization movement still at hand, fed can't raise interest rates due to debt. Gold mostly tracks with the s&p https://stockanalysis.com/stocks/compare/gld-vs-spy/. Now is a good time to pickup gold miners GDX

Educational-Boat917

GLD is the worst choice here. Dollar too strong, GDX underperforms for weeks. There will be more distributions after a dead cat bounce

jamieperkins9999

GDX is an etf for mostly gold miners, SILJ is an etf for mostly silver miners. I'm in both.

dqdg

give me the courage to buy GDX rn...

Roygbiv-Turtle-98

GDX

hadim33

I got XLE I hate as well lol . Bought a few put debit spreads turned them into credit spreads. Closed one today for a scratch. Two more to go. Put Debit spread strike 50P-48P jun18 paid 0.48 will start adjusting later if needed. 🤞 GDX for me is easy to handle. When rolling I adjust my strikes according to delta. While making sure I’m receiving credit. I believe the delta moves with IV. For GDX I usually trade delta 30 on the put side & delta -20 on the call side. Two to one contracts. Was trading 2-2 when IVR was over 100 . It’s been printing money. Forgot to mention the VIX it’s definitely my favorite.

Aigpil

solid list. I'd add XLE to that with oil vol where it is right now — better liquidity than USO for strangles and the IV term structure is steep so front month premium is fat. one thing I've noticed is GDX strangles can get tricky around FOMC dates, gold tends to gap more than the IV implies on rate decisions. do you adjust your strikes based on IVR level or just stick with a fixed delta?

Independent_Tie_4984

It's very typical l for beginners to win. They make gut plays and don't know fear. Eventually they over extend and get crushed - also very typical. Then you either quit, establish rules for yourself and learn, or lose everything plus. Whatever you call it, trading or gambling, it's the same dopamine hit and the same risks apply. Anyway - I do find it interesting and enjoyable intellectually as it keeps me deeply engaged with the world. An example is I know way more about what's going on in Iran because I've been swing trading GDX (Gold miners) and USO (Oil) for a couple weeks after the Ford started moving to the Gulf.

SignAncient8111

The Fibonacci extension target on the weekly chart points to around $6,100/oz if the current structure holds. That said gold just gapped into resistance on Middle East news over the weekend and is forming inside bars, classically a short-term topping signal. Wouldn't be surprised to see a 5-8% pullback and consolidation before the next run. Miners via GDX are actually the more interesting trade right now, better risk/reward than chasing spot gold at these levels. Wrote a full breakdown here if useful: [https://www.wallstsmart.com/blog/oil-spike-stocks-gold-resistance-market-analysis-march-2026](https://www.wallstsmart.com/blog/oil-spike-stocks-gold-resistance-market-analysis-march-2026)

pavman42

LOL, This should say oil. USO really. Hopefully you Rolled all those fall 2025 GDX gains into USO when GDX peaked around 2/9 and you'd be sitting pretty right now.

Hot-Pop-3250

GDX has to go back up, right?

Various_Couple_764

there are three ways to investing in gold. * Buy a ETF that invests in companes that mine gold. their share price moves up and down with the market value of gold. And some of these companes pay a small dividend. GDX is an example of ETF that invest in gold mines. * Buy ETF the buys gold and stores it in a vault. buying the ETF is equivalent to buying gold. Selling the ETF is equivalent to selling gold. Thes funds don'tpaya dividend.GLD is one such fund. * The last way is to use a fund that cells covered calls on the blue of gold. with funds like IGLD and IAUI you can get about 10% dividend yield from the fund payed out monthly. With these options you never actually have gold in your home or a local bank. And since you are not buying gold from local stores or selling t at local shops you you don't have a dealer markup that.

daddysgirl794

So GDX isn't even 2x its peak price from 2011 while GLD is almost 3x, yet gold miners are still getting whacked like crazy this week while gold is only down 5%. Baffling how undervalued some of these stocks are

Thisispaartaaa

GDX going to make a comeback from the depths of ruin?

somewhere_cool

All I know is that GDX is at a massive discount and I'm loading the fuck up

Thisispaartaaa

GLD is a gold bouillon etf. GDX is a gold miner etf

drew-gen-x

I learned that lesson the hard way years ago that Gold and $GDX are not the same thing. Gold can be considered a buy & hold asset, but trade & don't buy & hold the miners.

tachyonvelocity

GDX -10%. Like I said yesterday, war might be OK for gold, but not for gold miners. That’s because gold miner costs will actually increase from higher energy costs, higher shipping costs, higher currency costs, higher borrowing costs. Precious Metals were up because the Fed is cutting rates into a strong economy. What would be bad for metals if there were suddenly a reason to stop cutting to prevent inflation and people need to sell their overvalued silver and gold to pay for everyday necessities, maybe something like a new war that makes gas prices go up?

imunfair

I mean the entire market is pretty fucking high, not sure why anyone thought gold miners would be a hedge against that. Physical gold prices aren't the same as a gold mining stock. Just look at GDX - it's up 60% in 6 months. You think it's not going to shave off those gains if the overall market goes down?

Thisispaartaaa

I have no idea...but it's really destroying my portfolio today....I may be a bit heavy on the gold/gold miners, but fuck me, down 10% on GDX, 5% on buillion? this is way overdone, and should be going the other direction!

GamblingMikkee

GDX better hold $100

MasterElite1

Im going to let this play out and full port GDX at 90

Lynorisa

I'm not worried unless GDX drops to 100, then I'll panic sell, which will save everyone, your welcome

Try-Another-Username

I had to sell my GDX 3/6 $107 pUt yesterday...

daddysgirl794

>Decided to go short GDX today Well I wish you the best of luck on that. Given that most gold miners are still incredibly undervalued relative to the current price of gold (GDX isn't even 2x its 2011 peak, whereas GLD is almost 3x), that's certainly not a risk I'd be willing to take on.

Able_Show_8560

i nearly top ticked SLV last month during that parabolic short, made 50k. been watching this rising bear wedge on GLD for a while now. Decided to go short GDX today (starter position). The war w/ Iran kicked off over the weekend, and price action is - DXY up, BTC up, GLD... flat? hmmmm almost as if it's a sell the news event.

Able_Show_8560

imo GLD/GDX looking super toppy. Given the war news I would've thought GLD would've been up anywhere from 4-6%. Now retail is going to rush into GLD and crude stocks given all these war headlines... not to much DXY finally appears to be breaking out

Able_Show_8560

GLD/GDX imo is looking super toppy. Retail going to be rushing into gld w/ this war news, but imo its been priced in already

Nanster59

honestly the portfolio isn't bad for someone just starting out, you've got real diversification across sectors and your gold plays (GLD, GDX, SLV) have been carrying you.. the main thing i'd look at is position sizing, some of these are way too small to move the needle and a few like STLA and HDB are just quietly bleeding.

nanopicofared

GDX

domonx

ya at this rate i'll have to roll the GDX calls i sold to next year.