Dave Erfle - Precious Metals Stocks – Breakouts, Laggards & Portfolio Strategy
Dave Erfle, Editor of the Junior Miner Junky joins us for an in-depth discussion on the state of precious metals stocks, portfolio management strategies, and key market trends.
Dave shares his perspective on why certain stocks continue to break out while others lag behind. While some companies are soaring to new highs, many investors are left wondering what to do with the stocks that just can’t seem to gain traction. We discuss whether it makes sense to rotate capital out of underperformers and into momentum plays or if patience is the better strategy in this market cycle.
He explains how portfolio strategy should be approached on a case-by-case basis, factoring in share structures, dilution risks, and technical setups. With GDX and GDXJ breaking out to multi-year highs, Dave highlights key resistance levels and what they signal for the broader rally.
The conversation also touches on copper and base metals, where Dave sees selective opportunities despite the sector not moving in sync with gold and silver. He breaks down the importance of market cap analysis, how to compare companies relative to their peers, and whether smaller-cap stocks will eventually catch up in valuations.
Mergers and acquisitions have been surprisingly quiet following major industry conferences, raising questions about when deal-making might accelerate. Dave shares his take on what could trigger more consolidation in the mining space.
We also dive into potential market pullbacks, what signals to watch for, and how investors can position themselves accordingly. With gold and mining stocks in overbought territory on some timeframes, Dave outlines different scenarios, including whether a correction would play out through price declines or simply a period of sideways consolidation.
Click here to visit the Junior Miner Junky website to learn more about Dave’s investment letter.
