It’s been an impressive start to the year for the Gold Miners Index (GDX), with the ETF up over 15% year-to-date, trouncing the S&P-500’s performance. While this sharp rally might have many investors thinking that they’ve missed the move, this doesn’t appear to be the case, assuming history plays out similarly. This is because when GDX has only begun to outperform the S&P-500 after years of underperformance, we have typically seen multi-quarter advances. Given that this has changed to a buy-the-dip environment, we’ll look at three names that should be leaders in this bull market.
