In this daily editorial, hosts Cory and Shad return from the front lines of the Vancouver resource conferences to recap a market environment best described as “off the charts.” Joining the conversation is Dave Erfle, Founder and Editor of Junior Miner Junky, to provide a technical and fundamental deep dive into the historic price action that has propelled gold past $5,000 and silver into triple digits.
Discussion Highlights:
- Market Sentiment and Conference Recaps: Insights from the floor at VRIC and MIF, where the bull market atmosphere has reached a fever pitch.
- The Velocity of the Metals Move: Analyzing the rapid ascent of gold to $5,000 and silver to almost $120.
- Junior Miners vs. The Metal: Why mining equities have lagged the physical metals and why upcoming record-breaking quarterly earnings may force generalist institutions to finally pivot into the sector.
- Investment Strategy in a Parabola: Why “gentleman’s entries” are disappearing and how to manage core positions when weakness is being bought almost instantly.
- M&A and Valuation Hurdles: Addressing the “digestion period” for analysts as projects become incredibly economic at current prices, and why discipline remains key for major producers looking to acquire.
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Investment disclaimer: This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security or investment product. Investing in equities, commodities, really everything involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.