The KE Report, Released on 4/2/24

Gold and silver are both continuing the strong move higher, in the face of broad market weakness and recent dollar strength. Gold at $2,285 and silver at $26, with the equities also outperforming over the past few weeks. This could be the best time for new investors into the space since 2016! We focus on the moves in the metals prices as well as how much the stocks have run. We discuss the types of stocks Dave is focus on right now that should continue to outperform, when this turn happened, and recent M&A in the sector.

0:00 – Gold up to $2,285 and Silver up to $26
3:39 – Which PM stocks to focus on
5:59 – Gold majors, mid-tiers and juniors all moving on better volume
8:26 – What stocks can outperform the GDX and GDXJ – Big board listings
10:38 – Timeframe significance, starting Q2
12:49 – Due diligence focused on developers and producers
16:04 – Growth oriented producers, what to look for
17:09 – M&A recap
19:17 – How to pick the next M&A candidates

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.

  David Erfle, gold, gold miners, gold stocks, precious metals, silver