David Erfle, Founder and Editor of Junior Mining Junky, joins us to discuss the precious metals and mining stocks. We start off reviewing the key price resistance levels to watch in gold after seeing two stronger weekly closes. Next Dave points out the recent outperformance of the miners and silver, both to the downside and upside, and key levels to watch in the HUI and GDX. The focus then shifts to Jerome Powell’s upcoming speech at Jackson Hole this Friday, and the market anticipation around the Fed announcing they’ll begin tapering their bond buying. We wrap up with some thoughts from Dave on how he approaches managing his portfolio of mining stocks in the current environment.
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