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The gold miners' stocks are mired in correction mode, which isn't surprising after their mighty post-stock-panic upleg. Huge buying catapulting them higher left this sector extremely overbought. Corrections are normal and healthy after prices get too stretched technically. They eradicate upleg toppings' excessive greed, rebalancing sentiment. That paves the way for bulls' next uplegs and offers great buying opportunities.
The most-popular gold-stock benchmark today is the VanEck Vectors Gold Miners ETF (GDX). It includes the world's biggest and best gold miners, dwarfing its peers in size. Launched way back in May 2006, GDX's