David Erfle - Gold Market Commentary – Tue 1 May, 2018

The Boredom Bottom For Metals

On a day when PM prices remained negative it is noteworthy to see GDX and GDXJ climb into positive territory. David Erfle, Founder of The Junior Miner Junky shares his thoughts on the overall metals stock sector and why he is calling the recent price action a boredom bottom.

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Featuring:
Dave ErfleCory Fleck
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Comments:
  1. On May 1, 2018 at 12:45 pm,
    irishtony says:

    VERY OF TOPIC..Sorry for posting this here…..AL . & everyone read this , then read the comments below.
    https://www.zerohedge.com/news/2018-05-01/us-officials-israel-preparing-war-iran-seeking-us-support

    • On May 1, 2018 at 3:06 pm,
      OOTB Jerry says:

      Love the topic………Nitty Gritty………..

      • On May 1, 2018 at 3:07 pm,
        OOTB Jerry says:

        Iran ticked…………they are still waiting on the next skid load of $100 bills…….to help there poor little people out…..

        • On May 1, 2018 at 3:10 pm,
          OOTB Jerry says:

          Obama promised them , that when he won the third election , he would make sure they would get another plane loads of cash…..

  2. On May 1, 2018 at 2:53 pm,
    OOTB Jerry says:

    Same old game plan……..Rothschild money machine…..war…and bankers lend the money, and the sheeple get to pay for it……..TOTAL BONDAGE………

    • On May 1, 2018 at 2:58 pm,
      OOTB Jerry says:

      People at this point have to be total retards, …if they do not see it by now…..Especially , if they have been on this site for the last several years……..Fact…not Opinion any longer,

  3. On May 1, 2018 at 3:01 pm,
    OOTB Jerry says:

    Now this is funny………….DNC….wants a REFUND>>>>>>>>>>
    Hilly and Billy Bob….needs to do some more dinners and speaking engagements…..
    https://www.zerohedge.com/news/2018-05-01/dnc-officials-demand-refund-hillary-clinton

    • On May 1, 2018 at 3:03 pm,
      OOTB Jerry says:

      Now a number of Democratic Party officials, including some state party chairs and DNC members, want Clinton to retroactively donate the campaign materials to the DNC and return the money that the party organ gave Onward Together.

      • On May 1, 2018 at 3:03 pm,
        OOTB Jerry says:

        GOOD LUCK>>>>>>>>>>DNC will not see a dime……………..lol………

        • On May 1, 2018 at 3:04 pm,
          OOTB Jerry says:

          Matter of fact………….they may be on the hit list………Hilly and Billy going for 200…BULLS EYE……………….

          • On May 1, 2018 at 3:05 pm,
            OOTB Jerry says:

            Is Donna still around………..

  4. On May 1, 2018 at 3:35 pm,
    Markedtofuture says:

    ARV.AX ARTTF – 11.15% Nickel Drilled at Ruth Well, Karratha WA

    https://www.asx.com.au/asxpdf/20180502/pdf/43tq57gm6z5pm0.pdf

  5. On May 1, 2018 at 5:57 pm,
    JohnK says:

    Iran ordered to pay billions to relatives of 9/11
    ” The 9/11 Commission which is tasked with preparing a”full and complete account of the circumstances surrounding” the attacks, found no evidence of direct Iranian support,other than certain 9/11 hijackers travelled through Iran on their way to Afghanistan,without having their passports stamped.End quote.
    The million dollar question is who assisted the hijackers while they were in the U.S?
    Now think for a moment about 19 Americans going to a foreign Country with out any assistance and pulling off what is purported to have happened.
    Things that make you go Hmmmm……….

    https://www.aljazeera.com/news/2018/05/judge-iran-pay-6bn-victims-911-attacks-180501120240366.html

  6. On May 1, 2018 at 7:02 pm,
    JohnK says:

    Yea,though I walk through the valley of the shadow of death, I will fear no evil: for thou art with me; thy rod and thy staff they comfort me.
    Psalm 23:4

    • On May 2, 2018 at 9:58 am,
      Big Al says:

      JohnK, now here is one that I agree with.

  7. On May 1, 2018 at 7:53 pm,
    JohnK says:
  8. On May 1, 2018 at 7:55 pm,
    JohnK says:
  9. On May 1, 2018 at 8:10 pm,
    JohnK says:

    Pentagon and State Department. Pedophilia and child porn.
    https://www.youtube.com/watch?v=rZtX906E2ls

    • On May 2, 2018 at 9:56 am,
      Big Al says:

      JohnK,

      Do you think that Mr. Trimm is credible.

      • On May 2, 2018 at 11:10 am,
        JohnK says:

        Big Al :
        I do not know Mr Trimm. I suspect he is much like everyone else on u-tube and is just trying to make a buck.That’s OK with me.
        I posted the video more to expose the fact that Republican Senator Charles Grassley was pushing the investigation.
        Through my extensive search for truth I have been exposed to the dirty world of Pedophilia and those that prey on Children.
        Exposing people in positions of authority guilty of preying on Children is a duty I believe that each and every one of us as Adults must accept, if we find ourselves in a position to do so.
        You might have noticed that I post video from Sibel Edmonds newservice Newsbud. This is an independent service funded by the viewers. Sibel exposed former Speaker of the House, Dennis Hassert five years before he resigned as a pedophile. Nobody would listen to her.
        The numbers of missing Children is staggering.The numbers that they never find is worse.

        • On May 2, 2018 at 3:24 pm,
          Big Al says:

          I am totally on your side JohnK.Thanks for the information on Newsbud!

  10. On May 1, 2018 at 8:52 pm,
    GH says:

    Probable Western Responsibility for Skripal Poisoning
    By Craig Murray

    “Back then I did not realise what I now know, that the person being protected was Pablo Miller, colleague in both MI6 then Orbis Intelligence of Christopher Steele, author of the fabrications of the Trump/Russia golden shower dossier. That the government’s very first act on the poisoning was to ban all media mention of Pablo Miller makes it extremely probable that this whole incident is related to the Trump dossier and that Skripal had worked on it, as I immediately suspected.”

    http://www.informationclearinghouse.info/49323.htm

    • On May 1, 2018 at 8:54 pm,
      GH says:

      It appears the Skripals were dosed with the powerful opioid, fentanyl:

      The Silence Of The Skripals – Government Blocks Press Reports – Media Change The Record
      By Moon Of Alabama

      http://www.informationclearinghouse.info/49324.htm

  11. On May 1, 2018 at 9:11 pm,
    GH says:

    The history of debt cancellation and Jesus’s economic justice activism
    Michael Hudson

    http://www.unz.com/mhudson/debt-jubilee/

    • On May 2, 2018 at 4:25 am,
      OOTB Jerry says:

      Michael Hudson: Shakespeare’s famous “pound of flesh” owed by the Merchant of Venice actually was a zero interest loan. So debt problems arose even before interest came to be charged. But obviously, once you begin to charge interest, debt expands exponentially at a geometric rate. Babylonian scribes were taught to calculate these doubling times. So one of the aims of my book is to explain how interest began.

      There’s no question that when it began, the objective was not to find a way to impoverish society, polarize it and impose austerity.

      • On May 2, 2018 at 4:26 am,
        OOTB Jerry says:

        Good Example today…….GREECE…

        • On May 2, 2018 at 4:29 am,
          OOTB Jerry says:

          Insert USA, in lieu of Egypt ……..
          Egypt and the Biblical lands there was a royal understanding that if poor cultivators – the 99 percent – had to pay the debts that they ran up, they would fall into bondage to the 1 percent, and forfeit their land to their creditors.

          • On May 2, 2018 at 4:45 am,
            OOTB Jerry says:

            This is a good one……….
            Christianity began as a protest movement, but it was a protest movement that was very conservative. We know from the Dead Sea Scrolls – essentially the library of the Temple of Jerusalem hidden to protect it from the Romans – that what Jesus wanted to do was just what he announced in the first sermon that he gave. It is reported in Luke, Chapter 4. He said “I’ve come to proclaim the year of the Lord,” meaning the Jubilee Year. He unrolled the scroll of the Prophet Isaiah that described the Jubilee Year.

          • On May 2, 2018 at 4:49 am,
            OOTB Jerry says:

            Here is your tricky little Jew……..
            He said that the rabbis who opposed to be cancelling debts – the Pharisees, a conservative group of rabbis led most notably by Hillel

          • On May 2, 2018 at 4:50 am,
            OOTB Jerry says:

            Jesus explained in his sermon that this was against the Mosaic Law – the law of Leviticus, chapter 25. It was in fact against everything the Old Testament talks about. (My book has the relevant Dead Sea scrolls.) But rabbinical Judaism was being taken over by pro-creditor Pharisees. Luke quotes Jesus as describing them as being avid for money, and working for the creditor class.

          • On May 2, 2018 at 4:54 am,
            OOTB Jerry says:

            At that time the great social fight not only in Judea but also in Greece and Rome was between debtors and creditors. There was a region-wide civil war. There were assassinations of Roman pro-debtor advocates such as the Gracchi brothers in 133 BC. A century of civil war followed, in which even Julius Caesar, who enacted a modest debt reform, was killed. Sparta’s King’s Agis and Cleomenes were killed for cancelling the debts. There were armed uprisings throughout Greece and Asia Minor over this.

            This was a universal fight. But somehow, the economic message of Jesus has been taken out of context. It is as if what he was talking about was otherworldly. But he was talking about something very worldly – the debt issue. Jesus wanted to restore the debt cancellation as it was supposed to be according to Leviticus 25.

          • On May 2, 2018 at 5:04 am,
            JohnK says:

            Jerry:
            Many people would rather not talk about the book of Leviticus.
            They would rather pose semantic questions.

          • On May 2, 2018 at 5:18 am,
            OOTB Jerry says:

            Unfortunately………most have become asleep…….

          • On May 2, 2018 at 5:22 am,
            OOTB Jerry says:

            THE USA, citizen is no longer free…….but, a slave to the MONEY CHANGERS, real simple.

          • On May 2, 2018 at 9:12 am,
            Big Al says:

            Yes they are “slaves to the moneychanger’ OOTB. It is very interesting how that came about perfectly legally. I realized just what wa going on when the concept of auto leases and extended payment contract came into being. One of the greatest weaknesses of a human being is the desire for “instant gratification”.

          • On May 2, 2018 at 5:23 am,
            OOTB Jerry says:

            Many will not read this article,…..because they think it is religious…..

          • On May 2, 2018 at 6:57 am,
            GH says:

            Paul Craig Roberts, a PhD economist, calls Michael Hudson America’s best economist.

          • On May 2, 2018 at 7:25 am,
            OOTB Jerry says:

            thanks….interesting comment by PCR

          • On May 2, 2018 at 10:42 am,
            OOTB Jerry says:

            We can see by the scriptures, …. the money changing jews, Pharisees, loved to keep people in bondage..
            This is where it gets interesting, for those who know scriptures,…..(St) Paul was a Pharisee

          • On May 2, 2018 at 10:44 am,
            OOTB Jerry says:

            Jesus used Paul……for the GRACE MESSAGE…..

          • On May 2, 2018 at 10:51 am,
            Matthew says:

            I don’t follow PCR’s work and that PhD of his does not tell me a thing about whether or not he’s a good economist (if he’s a good one, he’d probably agree).

          • On May 2, 2018 at 1:13 pm,
            GH says:

            R.e. economists, Matthew, of course you’re right. It’s largely a profession of well-earned ill repute.

            My comment was in response to Jerry’s “Many will not read this article,…..because they think it is religious” — to say, it is indeed by an economist.

        • On May 2, 2018 at 4:58 am,
          OOTB Jerry says:

          Until my Harvard group began to publish its findings about 20 years ago, you had a general prejudice among Biblical historians that the Jubilee year couldn’t really have been enforced because it would have caused economic disaster. My book shows that when you look at 2000 years of Sumerian, Babylonian and Egyptian practice, the moral was that if rulers didn’t cancel the debts, there would be an economic and fiscal disaster.

          The idea of debt amnesties was to prevent debt from tearing society apart – to prevent the kind of crisis that the United States has been in since 2008, when President Obama didn’t cancel the junk-bond debts, or the debts that tore the Greek economy apart Greece when the IMF and Europe imposed them on Greece instead of letting it default on debts owed to French and German bondholders.
          I Thought the exact same before reading this article…………….Thanks……….OOTB

          • On May 2, 2018 at 6:12 am,
            JohnK says:

            Once you have gained the knowledge of the Bible, acceptable no longer will ignorance be.

          • On May 2, 2018 at 9:09 am,
            Big Al says:

            Of course, I agree with you JohnK

          • On May 2, 2018 at 7:22 am,
            OOTB Jerry says:

            Good one…….I like that……..

          • On May 2, 2018 at 9:14 am,
            Big Al says:

            I will definitely read this article OOTB.

    • On May 2, 2018 at 5:02 am,
      OOTB Jerry says:

      THIS IS A GREAT ARTICLE>>>>>>>>>>>>>>>>>>>HIGHLY RECOMMEND……..even a professor can lean something here…….. “)

      • On May 2, 2018 at 8:39 am,
        JohnK says:

        I agree Jerry. Thanks to G.H for posting it.
        There are also some very interesting comments.

        • On May 2, 2018 at 8:43 am,
          OOTB Jerry says:

          Ditto……..on the THANKS TO GH>>>>>>>

  12. On May 1, 2018 at 9:14 pm,
    GH says:

    Lars Schall interviews William Engdahl on ‘The Rape of Russia’

    “Here you will find all you need to know about the genesis of the 1990s Russian oligarchs; the dirty deals of the Yeltsin mafia; everything from the plunder of Soviet gold to the dodgy operations of the elder Bush’s brother; the incredible Yamashita gold story; the “privatization coupon” scam; the way the Harvard mafia run the Russian economy – all the way to Putin’s uphill battle throughout the 2000s to turn Russia into a functioning economy as NATO kept marching east.

    As Engdahl notes, if we don’t understand what happened in Russia in the 1990s it’s absolutely impossible to contextualize the neocons and US Think Tankland’s deep hatred and 24/7 demonization campaign of Putin’s Russia.”

    http://thesaker.is/the-rape-of-russia-saker-blog-exclusive-interview/

  13. On May 1, 2018 at 9:36 pm,
    GH says:

    More evidence there was no gas attack at Douma, Syria:

    What Mysteries Lie in the Ruins of the Scientific Studies and Research Centre in Damascus?
    By Robert Fisk

    http://www.informationclearinghouse.info/49320.htm

    • On May 1, 2018 at 9:44 pm,
      GH says:

      We should be sceptical of far-away governments who claim to know what is happening on the ground in Syria

      by Patrick Cockburn, relating the false justification of the bombing of a baby milk factory

      https://www.independent.co.uk/voices/syria-assad-uk-government-christian-persecution-isis-foreign-office-a8314616.html

      “During the bombing of Baghdad in January 1991 I went with other journalists on a government-organised trip to what they claimed was the remains of a baby milk plant at Abu Ghraib which the US had just destroyed, saying that it was really a biological warfare facility.

      It took years for the official version of the bombing to fall apart.

      One has to burrow deep into an unclassified CIA paper on Iraq’s BW programme, to find a sentence admitting that another plant, which was the real centre of Saddam Hussein’s BW effort, was unknown to the US-led coalition and “therefore was not attacked during the war, unlike the Abu Ghurayb (sic) Infant Formula Plant (the Baby Milk Factory) that the Coalition destroyed by bombing in the mistaken belief that it was a key BW facility”.

  14. On May 1, 2018 at 11:30 pm,
    Excelsior says:

    Cory and David E. – Good discussion today on the stagnant state of the mining sector, and what it may take post summer doldrums to ignite some new interest from investors on the sidelines or currently not participating.

    Both of your insights are much appreciated.

  15. On May 1, 2018 at 11:42 pm,
    Biggus says:

    Good show and god points Excelsior

    • On May 1, 2018 at 11:43 pm,
      Excelsior says:

      Cheers Biggus! Hope all is well.

  16. On May 2, 2018 at 1:27 am,
    Markedtofuture says:

    ARV.AX ARTTF- For its latest trick Pilbara explorer Artemis has even higher grade nickel

    Artemis Resources appears to be having no trouble showing investors it can be more than just a Pilbara gold play.

    https://stockhead.com.au/resources/for-its-latest-trick-pilbara-explorer-artemis-has-even-higher-grade-nickel/