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Benzinga
Benzinga
Business
Surbhi Jain

Why Nvidia Is Getting 'Butt-Kicked' By Gold Miners: Larry McDonald

Gold soars

In the cutthroat arena of Wall Street, where tech titans like Nvidia Corp (NASDAQ:NVDA) once reigned supreme with AI-fueled rocket rides, a gritty gang of gold miners is now delivering a merciless pummeling. Market guru Larry McDonald, the sharp-tongued founder of The Bear Traps Report and New York Times bestselling author, dropped a bombshell chart on X showing the gold miners-tracking VanEck Gold Miners ETF (NYSE:GDX) soaring while Nvidia’s stock ratio craters to 2.518.

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