Dave Erfle – Precious Metals Bull Market Continues: Gold, Silver & Stock Breakout!
We kick off September with decisive breakouts in gold, silver, and mining equities. Joining us is Dave Erfle, founder and editor of Junior Miner Junky, to discuss the powerful setup unfolding across the precious metals sector.
Key Topics Covered:
- Why the latest gold breakout above $3,500 signals momentum toward $3,850-$4,000.
- Silver and junior miners surging, with SILJ nearing all-time highs on strong volume.
- The technical significance of multi-timeframe breakouts (daily, weekly, monthly).
- Why even financings, consolidations, and neutral news are pushing junior miners higher.
- Dave’s disciplined sell strategy: trimming at 3x upside and managing portfolio weightings.
- What he’s looking for in earlier-stage juniors and the role of Beaver Creek & Denver Gold Forum in setting the tone for M&A activity this fall.
Click here to visit the Junior Miner Junky website to learn more about Dave’s investment letter.
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Added stocks strongly on the opening and watched my portfolio absolutely soar. It appears the breakout of the monthly pennant formation may be real. We’ll know by the end of the month. So many stocks are showing breakout patterns so it must be the real thing. The volumes give even more credence to a long lasting breakout. It’s all the more positive with the conventional markets breaking down.
Doc, we ain’t seen nothing yet. Rambus thinks gold may go to 12,299 in March 2033. Will Michigan beat Indiana this year in Bloomington? have you bought HGRAF yet?
Yes, I bought HGRAF just the other day on the pull back. What do you think about the hype and the stock? I didn’t purchase much but will purchase more when it settles down.
Its Madness out there, I got stopped out today again in HydroGraph, what worries me is Gold is still pushing higher but Silver has stalled. These tariffs that Trump has initiated must be paid by The American consumer. The countries with tariffs on their products are going to find the American consumer can’t afford to buy this increase in prices. So they will experience job losses.
If anything these tariffs are going to cause more unemployment in countries that have to export to The US and in The US itself because the cost of purchasing foreign commodities will decrease the potential buying power of the US consumer. Each employee thrown out of work decreases the potential buying power of the country.
We are getting more inflation and less jobs, tariffs are economy killers. This is the end of an economic era that The West has caused and The East is sitting watching this disaster unfold, hoping it doesn’t affect them but it will in ways we can’t predict. DT