Dave Erfle – Inflation and GDP Recap, Miners Production Reports, Key Levels To Watch In GDX, GDXJ and Silver

January 26, 2024

Dave Erfle, Founder and Editor of the Junior Miner Junky joins us to recap the US inflation and GDP data from this week, major and mid-tier mining companies production reports and chart levels to watch for GDX, GDXJ and silver.


Inflation data showed a continued slowdown while GDP surprised to the upside. This, of course, ties into Fed rate cut expectations which have moderated throughout this month. Many major and mid-tier miners released production data from Q4 with 2024 forecasts, showing continued production growth. Unfortunately it’s not translating to higher prices so we have Dave look at the GDX, GDXJ and silver charts to outline key levels.



Click here to follow Dave at the Junior Miner Junky.

    Jan 26, 2024 26:37 PM

    I have to say that without Excelsior providing his commentary on this site, most of us wouldn’t be here, that includes myself. Ex, you have always been an inspiration to us all and more so in these troubling times. You are appreciated by me and many others. This just had to be said. DT

      Jan 26, 2024 26:36 PM

      Those comments are very much appreciated DT, and I’m flattered if any of my commentary has been of value alongside all the other fantastic contributors here at the KER.

      Also, right back at ya mate, as I appreciate all your posts and insights shared here big time.

        Jan 26, 2024 26:42 PM

        Speaking of sector commentary… I just put out a big rant on my substack page recapping my takeaways from attending the Metals Investor Forum (MIF) and Vancouver Resource Investment Conference (VRIC).

        For those unable to attend I did my best to capture some of the overall essence, and apologize in advance for the poor quality photos I took with my phone. 🙂

        My hope is that this helps some investors get a sense of what these conferences were like, and also embedded a few helpful links for further videos of the events.

          Jan 26, 2024 26:44 PM

          Really good update on the conferences and photos. I would like to go to one some time if a stock I have goes up. If it does, it will be the first booth I visit.

            Jan 26, 2024 26:03 PM

            Thanks Lakedweller2, and yes, if you ever get the opportunity to attend those conferences in Vancouver (MIF & VRIC), I feel it is worth the candle. Cheers!

      Jan 27, 2024 27:55 AM

      DITTO DT………………………
      I have said before…. Ex, works his arce off… and has done a lot of behind the scene work…and is appreciated….

        Jan 27, 2024 27:13 AM

        Many thanks OOTB. Your work and contributions are appreciated as well sir!

          Jan 27, 2024 27:31 PM

          Thank you….. kind Sir…. 🙂