0:00 Introduction0:45 Bullish on silver & silver miners4:20 What genre of miner within sector is positively bifurcating?5:20 Gold optionality plays6:52 Non-precious metals commodity you are paying attention to?8:35 Non-top-tier management running a decent junior miner10:25 What you learned in 2020?12:34 How would a Biden admin effect your approach to U.S. mining investing?15:03 Final advice
In this interview, professional mining investor David Erfle, the Junior Miner Junky, explains why he believes both silver juniors and the silver price are headed higher. He also discusses what genre of junior miner is positively bifurcating within the mining sector. David shares what non-precious metals commodity that he is paying attention to. He shares how he is and has managed his mining portfolio. Finally, David addresses what a Biden administration means for resource investors investing in the U.S. as well as for U.S. investors.
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.