David Erfle - Gold Market Commentary – Fri 24 Apr, 2020

GDX breakout holding into the close – What does it mean for the smaller metals stocks?

Dave Erfle joins me to shares his thoughts on the current GDX breakout. We disuses the environment for the majors that fully supports the continued rise in share prices. When it comes to the juniors it’s a bit of a different environment, one that very much favors the standout explorers.

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Comments:
  1. On April 24, 2020 at 2:27 pm,
    Raymondo Colella says:

    I think the volume is in the uranium sector

  2. On April 24, 2020 at 2:56 pm,
    russell hamilton says:

    present party leader D J TRUMP IS CUCU FOR KOKO PUFFS Massive loss in u s senate will happen is REPUBS dont replace BOZO with a sane person . SARAH GIEDEON FOR SENATE FROM MAINE . best of health and wealth to you all rsh

  3. On April 24, 2020 at 9:00 pm,
    Excelsior says:

    Secular Gold Bull Resumes with Force

    by John Hathaway| Monday, April 20, 2020

    “Gold is on the cusp of breaking out to all-time highs in U.S. dollars and has already done so in virtually every other currency. Gold mining stocks continue to lag the metal and, in our opinion, represent a compelling investment opportunity at this moment. The COVID-19 pandemic panic was merely the black swan that punctured a financial market asset bubble that took almost a decade to inflate.”

    “Think of the pandemic as the pin that punctured the credit balloon. In a few months, the pandemic will ease (hopefully) with the formulation of a COVID-19 vaccine, widespread testing and other responses that will surely come from the healthcare industry. However, the fiscal and monetary policy damage committed by all governments to save the world has created a debt hangover that will linger for years. Economic growth will rebound but only to subpar levels once extreme health-related restrictions are lifted and “stimulus” kicks in.”

    https://sprott.com/insights/sprott-gold-report-secular-gold-bull-resumes-with-force/