Dave Erfle - War Premium Fades What’s Next For Gold, GDX, Silver & Q2 Setups
Dave Erfle, founder and editor of Junior Miner Junky, joins us for a discussion on the precious metals sector amid intense geopolitical volatility and Q2 market positioning.
Oil prices spiked and reversed sharply on Middle East tensions, but gold remained impressively resilient near all-time highs. Dave shares his technical outlook on gold, silver, and the miners (GDX & GDXJ), along with insights on broader market sentiment as Q2 comes to a close.
Key themes covered:
- How markets are pricing in the war premium in oil and gold
- Gold holding strong above $3,300 with limited geopolitical spikes
- GDX and GDXJ gap fills and why buyers stepped in fast
- Silver’s breakout retest and the importance of the $35 level
- Why Newmont’s leadership could signal growing generalist interest
- Looking ahead to Q2 earnings: are bullish surprises still possible?
Click here to visit the Junior Miner Junky website to learn more about Dave’s investment letter.
