Dave Erfle, Founder and Editor of The Junior Miner Junky, joins us to share his technical analysis, inter-market analysis, and fundamental analysis based on the key data that he believes is moving the needle in gold, silver, and the precious metals stocks via GDX and GDXJ.
We shift over into some of the patterns emerging in gold stocks on sudden higher volume selloffs, and how one needs to take a nuanced approach to digging in to where the selling is coming from and what the rationale behind the selling is. Sometimes the selling is justified based on bad company-specific news; but other times it can be a contrarian accumulation point, if the fundamentals are intact and it is merely larger funds pushing around the share prices during stretches low volume trading or leading up to financings.
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Click here to visit Dave’s website – The Junior Miner Junky.