Dave Erfle – Geopolitical Tensions And Financial Safe Haven Demand Is Driving More Interest Into Hard Assets

Dave Erfle, Editor of The Junior Miner Junky, joins us to discuss the various geopolitical and financial factors that are driving more investor interest out of traditional equities and high-flying tech stocks, and into hard assets like gold, silver, and the commodities.   We review some of the recent technical levels hit in gold, and what pricing areas Dave is watching for as support and resistance.  Despite how well the gold price has done, this hasn’t translated over into the kind of leverage in the gold stocks that many investors expected, and so we review some of the reasons that have held these PM equities back.  


Silver has also done well lately, along with copper, oil, and many commodities, and while some of the more senior producers have had some investor inflows, we have not seen that filter down into many of the juniors yet.   Dave outlines that it is critical to see silver break above $30, while the gold:silver ratio breaks below 80 to bring the animal spirits back into the more speculative portion of the precious metals stocks.




Click here to visit Dave’s site – The Junior Mining Junky.

    Apr 19, 2024 19:26 PM

    War Fears Keeping Gold in High Consolidation Around $2400

    David Erfle – Friday April 19, 2024

    Apr 20, 2024 20:16 AM

    Schwab Escapade 3875. 6:
    Recently I purchased Awale Resources based on a very good exploration result. Since purchasing several weeks ago, Schwab has on almost alternating days based price on the “bid” (aftermarket) price of .01 rather than the current closing price in the range of .60 USD. That reflects an approximate value change in Customer Accounts of + or – 98% for Awake. Meanwhile in their “Trading” section or in their “Research” Section they show current pricing correctly. After numerous contacts with various offices that said “due to limited volume the bid price was their proper closing price and it did not matter what US or Canadian markets reflected”. I gave up just like I did when they insisted a “spin out” was the same as a “stick split” for tax purposes. Just like I had to sell both Vizsla Silver and Vizsla Copper to get proper tax treatment for the double tax error, I sold Awale after Interactive Brokers would not accept a transfer of a Market Cap under $5 (Awale and 50 others). I think there are a lot of messages being sent by various broker forms of trading abuses, but I will never know the Truth.
    This is a FWIW message to be on guard for “small changes” in broker behavior possibly reflecting larger problems in broker economic stability that are yet to surface.

      Apr 20, 2024 20:54 AM

      Phone edits:
      Awale = Awake to the bots
      Market Cap = Small Cap Share price under $5.
      Sometime you see the correct thing print and as you move on, AI likes another word or term.

        Apr 20, 2024 20:54 PM

        Yeah it’s annoying

          Apr 20, 2024 20:30 PM

          In reference to the volume issue, on the awale site, the average volume is currently showing over 933,000. Things that make you go hmmm…