by Justin Spittler
Casey Research
It’s not too late to make HUGE gains in gold stocks.
As you probably know, gold stocks have taken off this year. The VanEck Vectors Gold Miners ETF (GDX), which tracks large gold stocks, is up 112%. That’s more than 16 times the S&P 500’s return this year.
You might see this and think you already missed out on gold stocks. After all, you don’t get many chances to double your money in eight months.
Gold stocks have also cooled off recently. GDX hasn’t set a new high since August 2. It’s down 10% over the last three weeks.