In this interview pro gold stock investor David Erfle provides his commentary on recent gold price action, gold stocks and how he is managing his portfolio. David Erfle is a self-taught mining sector investor. He stumbled upon the mining space in 2003 as he was looking to invest into a growing sector of the market. After researching the gains made from the 2001 bottom in the tiny gold and silver complex, he became fascinated with this niche market. So much so that in 2005 he decided to sell his home and invest the entire proceeds from the sale into junior mining companies. When his account had tripled by September, 2007, he decided to quit his job as the Telecommunications Equipment Buyer at UCLA and make investing in this sector his full-time job. David founded the Junior Miner Junky subscription-based newsletter in April, 2017 and writes a weekly column for precious metals news service Kitco.com, whose website attracts nearly a million visits every day.
David’s website: https://juniorminerjunky.com/
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13 Comments
What about never again? Spent all my money already on this trash thanks to charlatans like this. So we should be happy with tax losses? 😂 can’t listen to people like this anymore, have been so wrong for so long, what makes him think he has any credibility left? I would rather follow Jim Cramer’s advise 🤡
minesrs are a pit of 💩misery and death…there's your sentiment check you effing 🤡's
Hmmmmmm – " If you are not buying now, it is probably because you have been buying for 2 years and are now about 70% down on most of your explorers." If a horse has come last in its last 10 races, is it really clever to bet on it on its 11th?
I seem to remember the Talking Heads say Powell could not exceed 2% because of the debt? Ha….
👆 – PRIVATE DATING CHAT GIRLS 💥✅g💥
What do you guys think of Centamin Plc? Produces lots of gold, no debt at all & pays a nice dividend.
If management compensation and corporate G&A exceed exploration costs you have a problem. Sounds obvious, but a look at financial statements ( FS ) shows that this regularly occurs. Fortunately for coys, few retail investors looks at FS – they just listen to 'the story'.
I will buy when the tide is shifting from tightening to easing, and we are far from that, besides strong dollar is bad for commodities and will remain strong for near and intermediate term, also when going into recession commodities tend to do poorly
Thank you 👍💛
The question I keep asking myself; "Will I see lower prices in the next 60 days?".
Sanctions are Warfare. Biden, Blinken tag team sanctions are disabling the Western world.
Good, but too many « you know »
Last time I followed THAT headline advice I lost 65%-95%: so the answer is search for Why I Hate Miners Video Series. Seems gold & mining stocks "skyrocketing" is ALWAYS "just around the corner" since this now retired man was in high school. The Peter Schiff crowd may be 'right', but not in my lifetime. Love your show Bill depsite my "never again" approach to this sector. I'll take Kevin Leary's advice (Shark Tank) and just stay with dividend payers, and in this sector those who do pay don't pay much. Best wishes. (Hmmm. Also seems my comment was just edited by someone, not me.)
I lost a lot of money with Calibre ,pure gold , Aucana , I will never go back to mining stocks again
Mining stocks are like playing the lotto. Lots of previous investors are realizing they just are not worth the risks.