Dave Erfle, Founder and Editor of The Junior Miner Junky, joins us to review market reactions to recent macroeconomic news, and how to view this consolidation in the precious metals sector. We start off looking at how the deluge of information last week included regional bank concerns, central bank rate hikes, and a stronger than expected jobs number, but morphed this week into lower inflation readings, and the expectation of the coming Fed pause to tightening and worries about a contracting economy.
We looked at how all of that financial news has moved pricing in gold, silver, and the underlying PM stocks and what technical support levels are key to watch. Dave also shares key considerations for how he is approaching investing in gold and silver stocks in the short to medium-term, within the context of a big picture outlook that precious metals are going to break out to new highs as this larger bull market unfolds.
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