Dave Erfle – Fundamental Factors Moving Gold and Gold Stocks, Looking Ahead To More Mergers And Acquisitions In 2025
Dave Erfle, Editor of the Junior Miner Junky, joins us to discuss the fundamental factors moving gold, and gold stocks, as well as the key technical levels to watch. Dave also highlights the breakout in gold after the eight-week consolidation triangle, and that the GDX, GDXJ, SIL, SILJ, and silver are still attempting to break up above resistance levels.
We then shift over to a nuanced discussion around mergers and acquisition transactions; reflecting back on the nature of the kinds of deals and investor reactions to some of the deals we saw in 2024. Wrapping up we look ahead to the kinds of M&A deals that may bring more interest into the precious metals stocks in 2025.
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Click here to visit the Junior Miner Junky website to learn more about Dave’s investment letter.
HOW ABOUT A RESET…………….ON THE ORPHAN SECTION… THANKS>……………..
Hi OOTB. Sorry, we were both tied up and conferences all weekend and early this week. I mentioned to Cory that the politics page was not updated this weekend and thought he was going to get that up. Regardless, I just posted a new “Week of January 20th” political page, to kick off the new Trump administration and people’s outlooks on this year for the US economy, society, and global impacts.
Cheers!
Thanks Ex… for the reply….. appreciate you following up on the comment….. Cheers also… 🙂
We need to see silver breakout above 33 in order for it to run up to 40-45.
Silver still lagging what gold is doing.
There were those 2 prior peaks at $33.22 and $33.33 that would be ideal for silver futures to clear as initial resistance, but the new line in the sand resistance will be that peak from last year at $35.07. If silver can close back above there definitively for a while then it opens up that pathway to the next impulse leg up to the next peak at $37.58, and then $44.28.
I said that two or three years ago…. 🙂
+33
Aussie uranium miners higher Wed. AM. Paladin 11%, Bannerman 12%, Deep Yellow 7%, Lotus 6%
Thanks for the Aussie U-stocks heads up Terry. That appears to be a nice rip higher for uranium companies… and hoping that spills over to North American U308 stocks as well for Wednesday.
Steve Penny is bullish on uranium to outperform gold in the longer-term sense. I can see the fundamental case for this to play out over the next few years, but here is Steve’s ratio chart of Uranium:Gold that is quite intriguing.
https://cdn-ceo-ca.s3.amazonaws.com/1jp0qfl-Uranium%20To%20Gold%20Ratio%20Chart%20Steve%20Penny.JPG
Lots of good thoughts from Dave Erfle today on the types of M&A deals we really need to see in the resource sector…. especially in the gold and silver stocks.
Anybody want to take a stab at some of the next M&A candidates.
I’ll kick if off suggesting that Aya G&S, Mag Silver, Vizsla Silver, AbraSilver, Dolly Varden, Blackrock Silver, Skeena, Omai, Thesis, Probe, Troilus, Cassiar, Radisson, Amex, Gold Shore, and Wallbridge could all be candidates.