Dave Erfle – Everything To Know About This Rally In Gold, Silver and Stocks
Dave Erfle, Founder and Editor of The Junior Miner Junky joins me to focus on the rally in gold, silver and the underlying stocks. We outline the positives, potential headwinds and what to watch on the charts. I also have Dave share his investing strategy for a long term investor in the sector.
Click here to learn more about Dave’s newsletter – The Junior Miner Junky.
I think oil stocks are “done”
Started a small short position in SLB
Assuming we have seen gold’s cycle low, I still think there is a decent chance that silver will end up back between its 200 and 400 WMA some time in 2023. Before then though it will likely make a pop that suckers in the final holdouts.
Of course, I would prefer if the metals made moonshots starting now, but the downsloping monthly MAs make this scenario less likely IMO. But who knows.
Surge Battery had a “surge” into close. Maybe news tomorrow …. Or not.
Surge had news and got as high as +28% or so before the daily algo smash kicked in. Some good ones up and some good ones down for Red status at the moment. Range Bound and Down sung to the melody of East Bound and Down from Smokey and the Bandit.
My explorers still range bound with higher lows and lower highs…