Analyst Is Recommending This Top Gold ETF – ‘Stay There’

We recently published Top 10 Trending Stocks as Famous Billionaire Predicts Massive AI Stock Rally Before Bubble Burst. VanEck Gold Miners ETF (NYSEARCA:GDX) is one of the trending stocks.

Tim Seymour, the founder and Chief Investment Officer of Seymour Asset Management, recently issued a bullish call on GDX. Here is what the analyst said about the ETF:

“Gold miners, VanEck Gold Miners ETF (NYSEARCA:GDX). I mean, there was a time gold was defensive. There was Karen, how many a lot of reasons to buy gold, right? They’re anything you want. Anything you want. Well, the reason now is because I think it is offense for gold miners. Free cash yields are awesome. Stay there.”

Photo by Ricardo Gomez Angel on Unsplash

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Disclosure: None. This article is originally published at Insider Monkey.