Dave Erfle, Founder and Editor of The Junior Miner Junky, joins us to review the weekly, monthly, and quarterly closes in gold, silver, GDX and GDXJ, and looks forward at potential geopolitical and macroeconomic forces that may move the markets. We also delve into the what other financial crises and black swans could be induced if the Fed and other central banks continue on with hiking interest rates and monetary tightening as inflation still stays well above their target levels.
Wrapping up we touch upon what Dave is doing in his portfolio, in lieu of the weakness in precious metals mining stocks, after the ETF rebalances, and where most generalist investors are still piling into the “Magnificent Seven” mega-cap tech leadership. With news out of Endeavour Mining making a move to merge with Kinross Mining, it may be that big mergers and acquisitions news could breathe a little life back into the PM sector.
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