Dave Erfle, Founder of The Junior Miner Junky, joins us to share his observations during and coming out of the recent Fed meeting and Jerome Powell press conference, and the technical pricing levels he is watching in gold and the mining stocks. We discuss the potential for further downside pressure in the precious metals sector, the lack of interest from generalist investors, the illustrative price action in bellwether stocks like Newmont and Barrick, and the upcoming tax loss selling season. Overall, there is a lot of negative trends and sentiment in the sector, but Dave shares some ideas on how he is navigating these volatile markets.
Click here to follow along with Dave’s resource stock investment at The Junior Miner Junky website.