Gold has historically solved one portfolio problem (inflation hedging and currency debasement protection) while creating another: it generates zero cash flow. A bar of bullion sitting in a vault produces no dividends,

As 2025 draws to a close, the financial world is fixated on gold, and rightly so. The yellow metal has shattered nominal records, driven by geopolitical instability and central bank buying. Yet, while gold captures the headlines, a quieter, perhaps more ...

I last covered the VanEck Gold Miners ETF (GDX) in March 2025 with an article titled “GDX Vs. IAU: Why I Prefer IAU For Our Gold Exposure.” The article focused on the hedging roles of gold and gold miners and rated GDX as a hold based on the following ...