Dave Erfle – Will Precious Metals Break Up Through Resistance?
David Erfle, Founder and Editor of Junior Mining Junky, joins us to review the levels he’s watching in gold, the GDX, and the GDXJ as the precious metals have rallied up to overhead resistance levels. We discuss what technical and fundamental drivers may be catalysts, if the precious metals markets are going to break to the upside. Next we transition over to the series of mergers and acquisition deals that we’ve seen recently, with the Pretium takeover by Newcrest being the latest; and if this may bring some interest from generalist investors back into the PM sector. Dave wraps up with discussing what moves he’s making in his resource stock portfolio.