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A Bullish Case For The Continued Move Up In PM Stocks

Cory
January 10, 2018

David Erfle, The Junior Miner Junkie is very encouraged by the moves he is seeing in junior metals stocks. With stocks leading the way this is a different environment than we saw last year. He also points to the lack of overall bullishness even after this move as a sign that there is more room to run. The USD is again key for the next more significant move higher in metals on a broad sense.

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Discussion
5 Comments
    Jan 10, 2018 10:14 PM

    As a JMJ myself, it’s good to know that David sees what I see. There is significant strength in this market that most can’t seem to detect.

    Today was a gap filling day for the miners so the bears might bring more weakness tomorrow but I doubt that gold will go any lower than the 1290s before going higher.

    http://stockcharts.com/h-sc/ui?s=GDX&p=D&yr=1&mn=0&dy=9&id=p49562590941&a=568951369

      Jan 10, 2018 10:07 PM

      I am with you Matthew (and JMJ). I am doing my last 10% of buying over the next 2-3 weeks. The upcoming PM conference(s) in Vancouver 19-22 January may be a positive catalyst.

    Jan 11, 2018 11:39 AM

    Anaconda Mining produces 10,002 ounces of gold and generates $15.4M in gold sales for the seven month period ended December 31, 2017 @newswire/anaconda-mining-produces-10002-ounces-of-gold-and $ANX

    Jan 11, 2018 11:51 AM

    This company ANX is a sleeper that has awakened, great story here

    Jan 16, 2018 16:53 PM

    MUX looks great with Rob McEwen as CEO of the year. Any comments on when it will take off like AG did today?
    Could someone please tell me how to sign up for David Erfle’s Newsletter? I can’t seem to find out how. Thanks, DH