by Adam English
We all know it’s been a hell of a year for gold.
Physical gold is up about 30%. Same goes for the SPDR Gold Trust ETF (NYSEARCA: GLD) as well, naturally.
Miners have been on a tear that puts those gains to shame.
The Market Vectors Gold Miners ETF (NYSEARCA: GDX) is up about 120%, while the Market Vectors Junior Gold Miners ETF (NYSEARCA: GDXJ) is up nearly 160%.
While investors are flocking to gold, and the miners who are finding it and pulling it out of the ground, this is just the tip of the iceberg.