In this interview, professional mining investor David Erfle, the Junior Miner Junky, provides his current commentary on the junior gold sector and how he is managing his personal mining stock portfolio. David see the current gold price consolidation about over and expects that gold investors will see fireworks on the upside shortly.
0:00 Introduction1:21 Bullish overtones for gold and gold stocks have gotten better5:41 Anything that could put a damper on gold price?8:05 Any other potential risks to your portfolio?9:55 You want to be holding the right companies11:44 Investing in producers at this stage of bull market12:47 New due diligence questions you are now asking?16:41 Discovery-fueled bull market17:48 Commodity indexes about to breakout18:26 Are you buying any uranium juniors now?
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.