Dave Erfle, Founder and Editor of The Junior Miner Junky, joins us to for a nuanced free-form discussion that starts off looking at the breakout in the gold price over the last 2 weeks, how silver and the precious metals mining stocks have been responding, and number of insights on how he is going to be positioning in his portfolio switching to a bull market playbook.
Dave points out that with gold getting overbought, that he is expecting a near-term pullback, and that he wants to watch closely how the gold stocks react, and if they’ll start outperforming and advancing relative to the metals prices. Additionally, Dave wants to see a definitive monthly close above $2100 to confirm the technical breakout in the sector. We also get into the importance of companies messaging around their permitting timelines, why access to capital is still critical, and how he is balancing out both beta optionality with alpha catalysts in the junior mining stocks. Wrapping up we look ahead to the macroeconomic movers on his radar.
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Click here to visit the Junior Miner Junky website to follow along with Dave’s market commentary.