Dave Erfle - Fed And Other Factors Driving Precious Metals Lower, Where Is A Bottom & Where Are The Stocks Going?

Dave Erfle, Editor of the Junior Miner Junky joins me to discuss the ongoing correction in gold, silver, GDX, GDXJ and SIL. 

The Fed's decision to cut rates by 25 basis points and its revised projections for only two more rate cuts in 2025 have led to significant market reactions. We delve into the price movements of gold, which is currently around $2,600, and silver, which has dipped below $30. 

Dave provides insights into the eight-week consolidation triangle for gold and discusses the potential for further corrections. We explore the impact of geopolitical events, including Trump’s policies and international government collapses, on gold prices. The discussion also covers investor sentiment, trends in gold and silver equities, and portfolio strategies heading into the new year. Despite the volatility, Dave stresses that corrections are a normal part of a healthy market. We conclude with reflections on the year, projections for the coming months.

Click here to visit the Junior Miner Junky website to learn more about Dave’s investment letter.