Weekend Show – Joe Mazumdar & Dave Erfle – Mid Year Review Resources: Gold, Silver, Copper, Juniors
With the first half of 2025 now in the books, on this Weekend’s Show we conduct a mid-year review of the resource sector. Joe Mazumdar of Exploration Insights and Dave Erfle of Junior Miner Junky break down what’s driving metals prices, why equities are outperforming, and whether the junior rally has legs. From gold’s momentum to copper’s supply crunch, this episode maps the capital rotation underway.
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- Segment 1 & 2 – Joe Mazumdar, editor of Exploration Insights, joins the KE Report to recap a strong first half of 2025 for the resource sector, led by gold equities, platinum, uranium, and copper. He discusses how rising metal prices and widening margins boosted performance, while juniors ramped up drilling thanks to renewed financing. Despite this strength, developers remain undervalued, with M&A activity slowly returning, driven mainly by intermediates seeking near-term production.
- Click here to visit the Exploration Insights website to follow along with Joe.
- Segment 3 & 4 – Dave Erfle, founder and editor of The Junior Miner Junky, joins us for a mid-year recap focused on precious metals, highlighting the drivers behind gold’s 25% surge in the first half of 2025 and the growing investor rotation into silver and junior mining stocks. He emphasizes the weakening U.S. dollar, sovereign debt concerns, and strong central bank gold buying as catalysts, while noting gold equities’ outperformance, rising silver momentum, and even renewed investor interest in copper amid a potential stagflationary environment.
- Click here to visit the Junior Miner Junky website to learn more about Dave’s investment letter.
Sibanye Stillwater could hardly look more bullish.
https://schrts.co/WbRGcVCh
Sibanye has doubled in 3 months; I was looking at it one week ago. DT
The breakdown continues. Gold broke more uptrend support versus silver this week which is obviously a good thing for the rest of the sector.
https://schrts.co/szQWgPyh
Commodities Update – Mid-Year Review Gold, Silver, Copper, Uranium
Excelsior Prosperity w/ Shad Marquitz 07/04/2025
https://excelsiorprosperity.substack.com/p/commodities-update-mid-year-review
Gold and silver put in major lows in 2022 after setting bear traps and GDX put in an even more significant (all-time) low versus FNV in 2022. GDX:FNV has doubled since that low and this is still just the beginning. The message? Risk beats safety in a bull market.
https://schrts.co/EIdSBsJA
IPT appears to be starting its next leg higher…
https://schrts.co/xEUJnzcU
Could we call that a toe hold, not a leg?
It moved 103.5% off of April’s low and did so with significant strength and volume. That’s a legit leg.
And now we have a 5 year fork breakout that set the bar a lot higher than I needed…
https://schrts.co/Hhgqdhdr
Terry, you really should address your biases.
You’ve got an irrational problem with IPT but no problem with KTN even though it:
– fell exactly as much as IPT following their 2020 highs (88.8%)
– just announced massive share dilution to raise $20M (equal to 21% of the current market cap)
– is up just 94% since its long term low while IPT is up 115%
To be clear, my outlook for both companies remains very bullish (yes, VERY).
Bluebird Mining – well this is different! I found out about it here:
https://www.youtube.com/watch?v=inI0SC3Zj4A
So I find myself praying that some of my bad choices try this trick so I can unload them and move on –
Great VIDEO MIKE…………. thanks…….
the guy has a great take on the SCAMMers……
Seems Trumpster and sons and wife,… profited very nicely….
Convenient that some legislation was enacted to protect the fraud…
If you are convicted of fraud which is what scammers deal in you should be sentenced to wear a sandwich board for the rest of your life detailing your activities. LOL! DT 😉
Interesting video Mike on all the companies that failed in business (like Bluebird Mining that was briefly mentioned), but are now converting to Bitcoin Treasury companies and seeing multibagger returns as a result.
It is crazy that investors in the US, Japan, and now Great Britain are paying a premium in stock valuations to the underlying value of the Bitcoin holdings, when they could just own the Bitcoin themselves or in the US own the Bitcoin ETFs themselves instead of getting ripped off paying up for Microstrategy (now just Strategy) or all these defunct biotech and tech and hotel companies and even mining companies now rebranding as Bitcoin treasuries.
As fraud expands, regulators are eliminated and DOJ looks the other way. Maybe We should do a KER Meme coin. No wonder the West’s central banks are reluctant to recognize physical metals. They prefer paper (electronic) markets whereby they can be controlled without oversight.
Good idea lakedweller2. Stay tuned for the launch of the KER meme coin! 😉
I thought it was a GREAT HEADS UP…………. on what is going on ……. with BIT CON…. and ALL THE COINS… BUNCH OF JUNK….. This is worse than the ROMAN EMPIRE…. FRAUD EVERYWHERE…
MICRO …. Strategy ….. BS artist coming out of the woodwork and being EXPOSED for what they are…
BEST VIDEO OF THE WEEK……….. IMO
I agree Jerry. I have never trusted the theory of bitcoin but this video was an eye opener how another form of derivative goes unchallenged by the regulators. This fits the definition of theft by deception and Wall Street rushes to take advantage. Another Scam as a business plan. Coupled with Market Intervention in stock markets, schemes to divest houses by Hedge Funds, Transfer of wealth of the future US Treasury, citizens United buying politicians, alteration of accounting rules, obligating individuals to excessive debt, eliminating public services, privatizing institutions out of reach of the general public, etc … it appears the agenda is the demise of property rights in the public.
If you want answers to questions you can search ‘ask deepseek’ and it will give you good answers in seconds…in English.
Western AI only wants to further control global south.
Thanks LAKE for the backup………… appreciate the comment….
Seasonality wise, July has been the best year for Freeport!
https://stockcharts.com/freecharts/seasonality.php?symbol=fcx&compare=
I’m glad you pointed that out because it caused me to take a look a Brixton which is now very much a copper play. To my surprise, it closed 9 of the last 10 Julys higher and the one that didn’t close higher closed unch. COPX closed 7 of the last 10 months higher and BHP closed 6 out of 10 higher.
Blue Bird…… BAG HOLDERS….. the only thing you are going to get is wind at the end…
that is NOT INVESTING…..not even as good as gambling…. Hole in the ground , hole in your head…
PURE BS……….
at zerohedge……
300% Increase In American Investors Defrauded By ‘Pump’n’Dump’ Stock Fraud:
Scammers push victims to buy low-priced stocks in emerging companies, promising high returns and even vowing to cover losses…
For those who didn’t notice, June delivered silver’s highest monthly close since August, 2011, 166 months ago. The previous high monthly close this year happened in March which was the highest since September, 2012, a 150 month high.
https://schrts.co/ChpPmvFQ
Yes.,,,, I think ,I pointed that out…. on the 2nd quarter HIGH closing…. when I was talking to Glen
For the first time since April, 2023, XAU:GLD has closed a week above the 200 week MA and 250 week EMA.
https://schrts.co/WAfbhDEG