
It's been a tough 18-month stretch for the Gold Miners Index (GDX), with the ETF sliding more than 30% from its highs. While some of this weakness is related to the gold (GLD) price, the other culprit is inflationary pressures, which have taken a bite out of margins for some miners. However, not all miners are created equal, and some have been thrown out with the bathwater. In this update, we'll look at three that make excellent buy-the-dip candidates.