Erik Wetterling - The Hedgeless Horseman – Thu 4 Jul, 2019

Is this the calm before the storm (in a bullish way) for the junior sector?

Erik Wetterling, Founder of The Hedgeless Horseman website joins me on this July 4th to share his thoughts on the junior resource sector. With the junior stocks still relatively lagging it’s easy to start questioning if these stocks will ever start moving. Clearly the retail audience is still distracted in some other sectors.

Click here to visit Erik’s site – The Hedgeless Horseman.

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  1. On July 4, 2019 at 4:15 pm,
    Nigel says:

    At least as a gold bull we are very practiced at waiting…

  2. On July 6, 2019 at 8:14 am,
    moonshot5 says:

    A lot of good companies still are near 52 week lows. Some even have a lot of cash.

  3. On July 6, 2019 at 12:36 pm,
    Excelsior says:

    I enjoyed this discussion Cory & Erik. Many good points about retail investors, and I agree it is more constructive that Gold has made steady gains and held onto most of them without a retail buying frenzy or much coverage from the media, as once that kind of fanfare starts it is much later in the cycle.

    The larger fund managers like Paul Tudor Jones, Jeffery Gundlach, and Mark Mobius are starting to mention they are positioning in Gold so that is the first move by generalist funds, and as far as the miners they’ll be positioning in the largest and most liquid first. That is exactly what we’ve seen with GDX on the move first.

    There is still much room to run before money trickles down into the Jrs and really small microcap companies, which will bring in the speculative hot money.