Dave Erfle - Gold & Silver Stocks Diverging From Markets, Good News for Mexico Silver Stocks
Dave Erfle, Editor of the Junior Miner Junky joins us to discuss yesterday’s strong move in gold and silver stocks as opposed to the continued decline in US markets.
Despite the overall market downtrend, gold and silver stocks have shown notable strength. Dave attributes this to several factors, including a drop in the dollar and positive regulatory news from the PDAC conference regarding Mexican silver mining permits. He emphasizes the strong moves made by silver and mining stocks, highlighting that this could signal a more investible sector. Dave also points to Canadian mining’s favorable conditions with a higher gold price and a weakening domestic currency.
Looking ahead Dave touches on the importance of watching trading volumes and the potential for a significant breakout in gold prices, which could further drive mining stocks.
Click here to visit the Junior Miner Junky website to learn more about Dave’s investment letter.
