Dave Erfle – Gold All Time Highs, What Will The Majors Do With Their Larger Cash Piles?
Dave Erfle, Editor of The Junior Miner Junky joins us to discuss the recent all-time highs in gold prices and the resurgence in silver prices. With gold closing at record highs last week and continuing to rise, and silver returning above $31, the discussion covers the implications for mining stocks and the general market.
Dave provides insights on the earnings season for major gold miners, starting with Newmont’s Q2 results, and explores market dynamics, including fund manager strategies, M&A activity, and the potential influx of generalist investors into the gold and silver sectors.
Click here to visit the Junior Miner Junky website to learn more about Dave’s investment letter.
There’s a good chance that this month will prove to be a big one for gold technically.
https://stockcharts.com/h-sc/ui?s=%24GOLD&p=M&yr=25&mn=7&dy=0&id=t5851633080c&a=1720045086&r=1721170522159&cmd=print
test hope
This week is shaping up as expected. On July 2nd I said it might be the week after next before the sector gets going to the upside with conviction and we are now in “the week after next.”
The miners seem to know that silver is about to outperform gold again.
https://stockcharts.com/h-sc/ui?s=SILJ&p=D&yr=1&mn=1&dy=0&id=p89437838385&a=1504852587