Soar Financially, Released on 2/20/25 (Recorded on 2/19/25)
David Erfle, The Junior Miner Junky, joins Soar Financially for an in-depth conversation on gold, mining stocks, and the broader market. We discuss gold’s march toward $3,000, the impact of central banks, the Fed’s dilemma, and why junior miners are the ultimate stock pickers’ market. We also dive into why retail investors have ignored mining stocks for years, whether we’re about to see a massive M&A cycle, and if gold could really hit $142,000 (as some theories suggest!)
00:00 – Intro & Guest Introduction
01:30 – Gold’s $3,000 Run: What’s Driving It?
03:10 – “I Made Life-Changing Gains!” – David Erfle on Gold’s Last Big Breakout
06:11 – Why Gold Stocks Are Lagging (But Not for Long)
07:49 – “$3,000 Gold is a Magnet!”
11:00 – The Fed is Trapped – What Gold Knows That Others Don’t
14:31 – $142,000 Gold? The Wild Theory Explained
19:16 – AI, Crypto & Gold – The Great Rotation
25:47 – Mergers & Acquisitions in Mining: Where’s the Activity?
29:23 – The Fed’s Impact on Junior Miners
37:42 – The Big Copper Play – Why It’s Heating Up
41:24 – Uranium Prices Collapse – What Happened?
44:48 – The Stock Pickers Market – Where to Find Opportunities
46:17 – Where to Follow David Erfle
46:54 – Outro & Final Thoughts
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.