Weekend Show – Mike Larson & Dave Erfle – 2026’s Big Setup: Volatility Ahead, Metals Roaring, and Why Silver Stocks Lag the Spike
This Weekend Show pairs a “big-tent” market roadmap with a boots-on-the-ground metals deep dive. Mike Larson previews what investors can expect at The MoneyShow Las Vegas (Feb 23–25) and the themes gaining traction in 2026 – from AI-adjacent winners to income plays in a choppy tape. Then Dave Erfle tackles the silver surge head-on, arguing this spike is structurally different (supply-driven, not purely speculative) while explaining the disconnect: why silver equities aren’t currently delivering the leverage many investors expected.
- Segment 1 & 2 – Mike Larson, editor-in-chief of MoneyShow, joins the KE Report to preview the upcoming MoneyShow Las Vegas conference and discuss its broad, generalist focus, key 2026 investment themes, and how investors can best navigate education, networking, and market volatility across asset classes including AI, metals, income strategies, and macro trends.
- Click here to find out about the upcoming MoneyShow conferences – https://www.moneyshow.com/
- Segment 3 & 4 – We’re joined by Dave Erfle, founder and editor of Junior Miner Junky, to discuss why silver’s explosive rally is fundamentally different from past spikes – driven by critical industrial demand, ongoing supply deficits, and global physical market dynamics – along with what any correction could mean for physical metal versus equities and where he’s finding opportunity across gold, silver stocks, and copper.
- Click here to visit the Junior Miner Junky website to learn more about Dave’s investment letter – https://www.juniorminerjunky.com/
If you enjoy the show, be sure to subscribe to our podcast feed (KER Podcast), YouTube channel, and follow us on X for more market commentary and company interviews. Don’t forget to subscribe and leave us a review!
For more market commentary & interview summaries, subscribe to our Substacks:
- The KE Report: https://kereport.substack.com/
- Shad’s resource market commentary: https://excelsiorprosperity.substack.com/
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.
Gold around $4600 at the moment
It only needs a black swan event and gold goes $10.000+
Taking Greenland with military forces would be such an event
I am not hoping for Gold at $10.000 or $20.000 very soon, because it would be not a nice world to live in
On CBS yesterday there was a discussion about what a Greenland invasion would mean for Canada. Always thought that Canada is one of the safest places on Earth. Seems that this not the case anymore.
https://www.cbc.ca/player/play/video/9.7048891
Hope that Gold stays around $5000-$6000 in 2026 and we don‘t see a black swan event. Know that everybody here hopes for higher Gold prices. But a World with $20.000 Gold is nothing anybody should wish for.