Gold miners boost stock buybacks amid price dips, signaling potential buying opportunity.

Gold mining stocks have been volatile this year, with major ETFs like WisdomTree's GDMN down over 10% in the past month. Despite this, gold miners are aggressively buying back shares at record levels, signaling confidence in their value. These companies are funding buybacks from strong profits rather than debt, with profit margins nearly double those of tech firms. This combination of high profitability and increased buybacks suggests that the recent weakness in gold miners could present a buying opportunity for investors.