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Canadian Gold Miners
Gold might be glittering, but Canadian miners are shining.
Precious Metals Are Ripping
There are many different areas of the market that are working, but one of my favorites is the precious metals space. You have Gold mooning, Silver making new decade highs, and even Platinum breaking out of a multi-year consolidation. I can’t just stop at precious metals as a whole if I want to find the most alpha possible. Gold miners but specifically the Canadian ones, have my upmost attention.
Why Canadian Gold Miners?
Here’s a composite I made with 10 of the largest Canadian only Gold miners. When you look at the % returns compared to GDX & GDXJ (The Gold Miners ETF & Junior Gold Miners ETF), you see the Canadian miners have been outperforming. This shouldn’t be a surprise as Canada is one of the top Gold producing nations in the world.

A Canadian-only focus in Gold miners continues to be rewarding.

Gold is one of the best performing assets so far this year. With a 2x performance relative to Gold, you can’t deny the strength out of these Canadian miners.
Other Canadian Miners
I want to share some other mining companies from Canada not included in my composite, that have potential to be huge winners when this is all said and done.





Conclusion
Many of these miners have run red hot, so it would not shock me to see them digest some of these extremely quick gains. With Spot Gold also pulling back recently, this is a time to identify relative strength within the space. And for me, that strength is specifically Canadian Gold mining companies. Feel free to reach out and let me know your thoughts on this matter. Thank you for reading, and blessings to all!
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