Erik Wetterling – After This Selloff In Gold Stocks Here Are A Couple The Erik Likes

April 28, 2022

Erik Wetterling, Founder and Editor of The Hedgeless Horseman website joins us to share a couple companies he thinks are higher quality but have sold off hard with the rest of the sector. There is no denying that precious metals stocks continue to selloff so when looking at individual stocks it’s important to understand what will drive the stock in the future.


The stocks mentioned are Cassiar Gold (GLDC) and Snowline Gold (SGD).




Click here to visit Erik’s site.

    Apr 28, 2022 28:56 PM

    81 to 1……. GSR………. silver needs to catch a break…….soon…..

    Apr 28, 2022 28:03 PM

    The Canadian dollar just dealt with the kind of gap that most people don’t recognize as a gap. You can see that March 9th opened well above the previous day’s close…

    Apr 28, 2022 28:31 PM

    Time for a bounce or several.

    Apr 28, 2022 28:42 PM

    I am seeing a lot of engulfing candles on the daily charts I am reviewing. See how the week ends.

    Apr 28, 2022 28:25 PM

    It would be great to see silver close above $24 for the weekly/monthly close.

    Apr 28, 2022 28:22 PM

    It would definitely be best for the bulls if today’s lows throughout the sector hold.

    Apr 29, 2022 29:23 AM

    Would like to see some decent follow through, but I am hopeful that yesterday marked a major low in across the miners. The inverted hammers from two days ago across the sector and yesterday’s follow through give me a little more confidence that we have a major pivot in place.

    My expectation is that we will get a couple of wide ranging moves both up and down between now and October, and that by the fall we will put in another major pivot low that could come close or even marginally exceed the current pivot. Thereafter I am expecting a major bull market run that should last 2-3 years and easily take us to new highs on the major gold mining indexes (likely multiples of the 2012 highs).

    The alternative scenarios would be a slow stair-step higher (similar to the move off the 2018 low) or a rocket move to new highs. I give higher odds to the former. And even if we do get the rocket ride higher, I still think it won’t start in earnest until June-July, so choppy action for the next couple of months.