{"id":3423,"date":"2025-09-14T12:03:23","date_gmt":"2025-09-14T16:03:23","guid":{"rendered":"https:\/\/www.inflation.us\/news\/?p=3423"},"modified":"2025-09-14T18:27:14","modified_gmt":"2025-09-14T22:27:14","slug":"gdx-outflows-hit-new-decade-high","status":"publish","type":"post","link":"https:\/\/www.inflation.us\/news\/articles\/gdx-outflows-hit-new-decade-high\/","title":{"rendered":"GDX Outflows Hit New Decade High"},"content":{"rendered":"\n<p><span style=\"font-size:14px;\"><span style=\"font-family:Tahoma,Geneva,sans-serif;\">When we say <strong>retail investors <span style=\"color:#e74c3c;\">aren&#39;t<\/span> <span style=\"color:#27ae60;\">buying<\/span> <span style=\"color:#f1c40f;\">gold stocks<\/span><\/strong> yet&#8230; we base this on trailing twelve-month <strong>VanEck Gold Miners ETF (GDX) <span style=\"color:#e74c3c;\">outflows<\/span><\/strong> hitting a <strong><span style=\"color:#27ae60;\">new<\/span> decade <span style=\"color:#27ae60;\">high<\/span><\/strong> on Friday of <span style=\"color:#e74c3c;\"><strong>-$4.21 billion<\/strong><\/span>. <strong>GDX fund flows<\/strong> have been <span style=\"color:#e74c3c;\"><strong>consistently negative<\/strong><\/span> for years, which means <strong>retail investors<\/strong> have totally<span style=\"color:#e74c3c;\"><strong> missed out<\/strong><\/span> on all of the <span style=\"color:#f1c40f;\"><strong>gold miner <\/strong><\/span><span style=\"color:#27ae60;\"><strong>gains<\/strong><\/span> so far and we are many years away from <span style=\"color:#f1c40f;\"><strong>gold stocks<\/strong><\/span> hitting any kind of a <span style=\"color:#e74c3c;\"><strong>top<\/strong><\/span>. <strong>GDX&#39;s 14-day relative strength index<\/strong> is up to <span style=\"color:#e74c3c;\"><strong>82.29<\/strong><\/span>, which means <strong>GDX<\/strong> could be due for a <span style=\"color:#e74c3c;\"><strong>5% dip<\/strong><\/span> before it <span style=\"color:#27ae60;\"><strong>moves higher<\/strong><\/span>, which is why a company like <strong>Contango ORE (CTGO)<\/strong> with a <strong>14-day RSI<\/strong> of <strong>58<\/strong> or <strong>Heliostar Metals (TSXV: HSTR)<\/strong> with a <strong>14-day RSI<\/strong> of <strong>60<\/strong> is probably the best bet.<\/span><\/span><\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"551\" src=\"https:\/\/www.inflation.us\/news\/wp-content\/uploads\/2025\/09\/gdxrsioutflows-1024x551.jpg\" alt=\"\" class=\"wp-image-3425\" srcset=\"https:\/\/www.inflation.us\/news\/wp-content\/uploads\/2025\/09\/gdxrsioutflows-1024x551.jpg 1024w, https:\/\/www.inflation.us\/news\/wp-content\/uploads\/2025\/09\/gdxrsioutflows-300x161.jpg 300w, https:\/\/www.inflation.us\/news\/wp-content\/uploads\/2025\/09\/gdxrsioutflows-768x413.jpg 768w, https:\/\/www.inflation.us\/news\/wp-content\/uploads\/2025\/09\/gdxrsioutflows.jpg 1288w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p><span style=\"font-size:14px;\"><span style=\"font-family:Tahoma,Geneva,sans-serif;\">The only <strong><span style=\"color:#f1c40f;\">gold<\/span>\/<span style=\"color:#4e5f70;\">silver<\/span> miner ETF<\/strong> seeing <span style=\"color:#2980b9;\"><strong>decent <\/strong><\/span><span style=\"color:#27ae60;\"><strong>inflows<\/strong><\/span> is <strong>Amplify Junior Silver Miners ETF (SILJ)<\/strong> but it is a relatively <strong><span style=\"color:#e74c3c;\">small<\/span> <span style=\"color:#2980b9;\">up-and-coming<\/span> ETF<\/strong>.<\/span><\/span><\/p>\n\n<p><span style=\"font-size:14px;\"><span style=\"font-family:Tahoma,Geneva,sans-serif;\"><strong>First Mining Gold (TSX: FF)<\/strong> is <span style=\"color:#27ae60;\"><strong>already owned<\/strong><\/span> by <strong>SILJ<\/strong> today even though it is mainly <span style=\"color:#f1c40f;\"><strong>gold<\/strong><\/span>.<\/span><\/span><\/p>\n\n<p><span style=\"font-size:14px;\"><span style=\"font-family:Tahoma,Geneva,sans-serif;\"><strong>Highlander Silver (TSX: HSLV)<\/strong> is definitely <span style=\"color:#2980b9;\"><strong>qualified<\/strong><\/span> to be <span style=\"color:#27ae60;\"><strong>added<\/strong><\/span> to <strong>SILJ<\/strong> when it has its <strong>reconstitution <\/strong>on <strong>November 21st<\/strong>.<\/span><\/span><\/p>\n\n<p><span style=\"font-size:14px;\"><span style=\"font-family:Tahoma,Geneva,sans-serif;\"><strong style=\"font-family: Tahoma, Geneva, sans-serif; font-size: 14px;\">Minaurum Gold (TSXV: MGG)<\/strong> is right now at the <strong>borderline<\/strong> of <span style=\"color: rgb(41, 128, 185);\"><strong>qualifying<\/strong><\/span> to be <span style=\"color: rgb(39, 174, 96);\"><strong>added<\/strong><\/span> to <strong style=\"font-family: Tahoma, Geneva, sans-serif; font-size: 14px;\">SILJ <\/strong>when it has its <strong>reconstitution <\/strong>on <strong>November 21st<\/strong> and <span style=\"color:#27ae60;\"><strong>further gains<\/strong><\/span> will <span style=\"color:#27ae60;\"><strong>increase<\/strong><\/span> its <strong>odds<\/strong> of being <span style=\"color:#27ae60;\"><strong>added<\/strong><\/span>. <strong>MGG<\/strong> will be <span style=\"color:#2980b9;\"><strong>consistently<\/strong><\/span> <strong><span style=\"color:#27ae60;\">releasing<\/span> drilling results<\/strong> for many months, and its <strong>maiden resource estimate<\/strong> is coming. <strong><em>The Alamos <span style=\"color:#4e5f70;\">Silver Project<\/span> is Mexico&#39;s only <span style=\"color:#27ae60;\">new<\/span> <span style=\"color:#4e5f70;\">silver discovery<\/span> that is <span style=\"color:#2980b9;\">fully permitted<\/span> for <span style=\"color:#27ae60;\">production<\/span>!<\/em><\/strong><\/span><\/span><\/p>\n\n<p><span style=\"font-size:14px;\"><span style=\"font-family:Tahoma,Geneva,sans-serif;\"><em>Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. NIA&rsquo;s President has purchased 125,000 shares of HSLV and can buy or sell shares at any time. NIA has received compensation from CTGO of US$30,000 cash for three months of coverage and could receive a total of up to US$80,000 cash for ten months of coverage. NIA has received compensation from HSTR of US$30,000 cash for three months of coverage and could receive a total of up to US$100,000 cash for twelve months of coverage. NIA has received compensation from FF of US$50,000 cash for a six-month marketing contract. NIA has received compensation from MGG of US$30,000 cash for a three-month marketing contract and previously received US$30,000 cash for a three-month marketing contract which has since expired. This message is meant for informational and educational purposes only and does not provide investment advice.<\/em><\/span><\/span><\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>When we say retail investors aren&#39;t buying gold stocks yet&#8230; we base this on trailing twelve-month VanEck Gold Miners ETF (GDX) outflows hitting a new decade high on Friday of -$4.21 billion. GDX fund flows have been consistently negative for years, which means retail investors have totally missed out on all of the gold miner [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":3426,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[47,28,81,9,16,140,84,17],"class_list":["post-3423","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-articles","tag-ctgo","tag-etfs","tag-ff","tag-gold","tag-hslv","tag-hstr","tag-mgg","tag-silver"],"_links":{"self":[{"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/posts\/3423","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/comments?post=3423"}],"version-history":[{"count":1,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/posts\/3423\/revisions"}],"predecessor-version":[{"id":3427,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/posts\/3423\/revisions\/3427"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/media\/3426"}],"wp:attachment":[{"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/media?parent=3423"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/categories?post=3423"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/tags?post=3423"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}