Dave Erfle – Volatility In Precious Metals and Stocks

October 13, 2023

Dave Erfle, Founder and Editor of The Junior Mining Junky joined us yesterday to recap the volatility in the precious metals markets. Yesterday was a weaker day for the stocks over the metals although today the metals and stocks are popping even higher. This week is going to be the best week for metals since March, which interestingly follows one of the weaker weeks at the end of September.


You can tell that yesterday we were a bit worried about the sector but the action today is definitely more encouraging.




Click here to visit the Junior Miner Junky to follow along with Dave’s investments in resource stocks.


    Oct 13, 2023 13:49 AM

    NEM is at important resistance and up about 15% in 1.5 weeks:

    Oct 13, 2023 13:01 PM
    Oct 13, 2023 13:31 PM

    Big day for HL, pullbacks will find aggressive buyers…

    Oct 13, 2023 13:37 PM

    Sell stocks; buy miners. SILJ:QQQ is at resistance that I believe will be overcome very soon….

    Oct 13, 2023 13:43 PM
    Oct 13, 2023 13:12 PM

    Just a backtest? I don’t think so but maybe we’ll get a stall or another one-day pullback…

    Oct 13, 2023 13:14 PM
    Oct 13, 2023 13:16 PM

    The silver miners have been in a downtrend vs silver for the last year but that underperformance is coming to an end…

    Oct 13, 2023 13:25 PM

    SPY looks ready to crash vs IPT and is down 14% vs IPT since the ratio topped on 9/13…

    Oct 13, 2023 13:44 PM

    Gold’s washout of the last 2 weeks was just another backtest of the uptrend channel that began at the 2015 low. The sharp move that followed is bullish and a sign of the significance of that backtested level…

    Oct 13, 2023 13:45 PM

    Gotta love CNN and their millions of hapless humanoid followers!
    Funny stuff…

    Oct 13, 2023 13:51 PM

    HMY looks superb: Up 40% since last week’s low and forming a huge H&S bottom while also logging its best weekly close since early May…

    Almost forgot the weekly golden cross that happened today (50 MA crossed above the 200 MA).

    Oct 13, 2023 13:18 PM

    Thanks Matthew. Finally something to feel good about. Appreciate your contributions to our sanity.