Silver and gold stocks leading but now is not the time to go all-in

April 7, 2020

Dave Erfle joins me today for a look into the precious metals sector and shares his strategy for deploying money.

Recently (over the past couple trading days) silver and the gold stocks have been leading gold. This is a very encouraging sign but also consider that risk on has been doing very well in tandem with the PM stocks.

As for portfolio management, Dave outlines why he is not taking full positions in his favorite metals stocks at this time. However he is out there buying.

Click here to visit Dave’s site and follow along with his newsletter.

    Apr 07, 2020 07:41 AM

    (SMT) (SMTS) Sierra Metals Reports 2019 Consolidated Financial Results Including $65.3 Million of Adjusted EBITDA

    @businesswire on 30 Mar 2020

    “2019 consolidated Copper production of 39.0 million pounds a 17% increase, consolidated Silver production of 3.4 million ounces a 24% increase, consolidated Zinc production of 81.1 million pounds a 6% increase, consolidated Lead production of 35.5 million pounds a 28% increase, and consolidated Gold production of 11,632 ounces a 50% increase respectively, compared to 2018.”—Planned-Return-of-Capital-via-Substantial-Issuer-Bid-Is-Postponed-Due-to-COVID-19-Pandemic—Conference-Call-March-31-2020-at-1030-AM-EDT/default.aspx

    Apr 07, 2020 07:34 PM

    The XAU is attempting to take back an important broken support:

    Apr 07, 2020 07:54 PM
    Apr 07, 2020 07:59 PM

    Overall, I believe the miners are now on much better footing than most realize.

    Apr 07, 2020 07:11 PM

    I THINK ALL INFO…in these mining sections……..should be about mining and PM……
    I think some respect needs to be adhered to for all concerned……JMO

    Apr 07, 2020 07:48 PM

    Sprott CEO Peter Grosskopf: Gold’s Technicals Point to $2,000+/oz

    MiningStockEducation – April 7, 2020

    0:50 Did Sprott Inc. foresee these recent events?
    2:50 Thoughts on general equities
    3:44 When will we see inflation? $2,000 gold coming…
    5:36 Feedback from high net worth Sprott clients
    6:36 Demographics of recent gold buyers
    8:25 Increased interest in Sprott’s physical gold products
    10:49 When will silver outperform gold?
    12:18 Inflows into Tocqueville Gold Strategies now?
    13:13 Best opportunities in junior mining sector now?
    14:17 Questions about Sprott Resource Lending
    15:30 $200-300M set aside for streaming & royalty investing
    17:29 Best opportunities for Sprott Inc. in remainder of 2020?