Erik Wetterling, The Hedgeless Horseman, joins me to discuss the impact of merger and acquisition transactions within the gold and silver developers and producers; and how these deals are further consolidating down the multi-ounce resources into fewer and fewer hands. 

Jayant Bhandari reviews some arbitrage opportunities in ongoing merger and acquisition deals, and some companies that should have nice upside torque based on their work programs and current low valuations.