GOLD - GDX: Gold Miners YTD Performance And Valuation Scorecard

VanEck Vectors Gold Miners ETF (NYSE:GDX) is the largest and most liquid exchange traded fund tracking the performance of equities in the gold mining industry. It's been a difficult couple of years amid a decade-to-forget for gold miners and precious metals in general. Looking back at the global commodity bust from 2011, the spot price of gold reached $1,895 that year and is down 32% to a current $1,280. Losses in GDX have been larger, falling over 60% over the period. The industry has evolved with a greater focus on efficiency and less