David Erfle: When Gold Stocks are Hated, That’s the Time to Buy


This interview was filmed on March 31, 2021.

Q1 2021 has been and gone, and for gold it was a period of downward momentum. The yellow metal fell about 10 percent to close the quarter around US$1,710 per ounce.

David Erfle, editor and founder of Junior Miner Junky, said he views gold’s price activity as a “healthy correction” from last summer’s all-time high.

“What we started was a very healthy correction. If we would have had just a correction down to maybe US$1,800, US$1,900 and then it took off again, then it would have been a problem later on because we would have had a strong(er) correction,” he explained.

#Gold #Investing #Mining

0:00 – Intro
0:19 – Factors holding the gold price back
2:58 – What to look for from the Fed
5:05 – Where is the bottom for gold right now?
7:48 – GDX and GDXJ performance
9:23 – Capital markets “extremely friendly”
11:03 – Gold market M&A potential in 2021
14:24 – Juniors drilling, watch area plays
16:55 – What David looks for in a junior
18:53 – Final advice and outro


Investing News Network (INN)

Find out more about investing by INN @

Follow this link to learn more about Gold ↓

Want a FREE investor kit? Download here↓

Follow us Facebook:

Follow us on Twitter:


The Investing News Network does not guarantee the accuracy or thoroughness of the information reported in the interviews it conducts. The opinions expressed in these interviews do not reflect the opinions of the Investing News Network and do not constitute investment advice. All readers are encouraged to perform their own due diligence.

Re-Examining – The Gold Standard

A sound monetary system is one in which a currency is backed by gold, at least a percentage or fixed weight of gold. This is different from the monetary system currently used in the United States and many other countries.

Silver Prices Collapse Downwards

The fiscal crisis in Europe has affected global markets in the year 2011. This was prominently displayed in the precious metals market. Initially, prices for these metals rose high as investor’s sentiment was that they provided a safe haven against the weak global economy.

The Best Ways Of Selling Silver Coins

Silver is one of the most valued metals on earth. Since ages ago, it made its mark as a beautiful shiny material for jewelry, tableware, and coinage. Today it is used in a variety of fields including electronics and medicine.

Finding Cash for Gold

Knowledge is very important when we want to succeed in cash for gold industry. We should know the value of our product and determine if the buyer is legitimate or not.

How Is the Spot Price of Silver Decided?

Spot price on silver indicates the price paid on a silver transaction for instant payment and delivery within one or two days of a business transaction. The word ‘spot’ itself translates into price paid for immediate transaction and transfer. Although there are many factors influencing the silver spot prices, the basics lie in the price determination through supply and demand.

Investment in Gold Mining Is Increasing in Africa

With the economic and political turmoil at present, in the developed markets in particular, currencies are volatile and gold is regarded as a safe haven. Investors turn to gold in times of uncertainty as it can be traded anywhere at any time. With the current gold price being $1786 per ounce and a more than 200% increase over 5 years, it is probably safer than most currencies, even with short term fluctuations.

How Should Novice Investors Go About Buying Silver Coins?

An investor interested in buying silver coins should have firsthand information on working of the silver market. It is necessary that the investor gets deeply involved in the topic before he starts investing in the precious metal.

Treasure Hunting: What to Look For On Jewelry

Have you ever been at a Garage Sale, or Yard Sale and found jewelry and didn’t know if it is valuable? Have you ever been to a thrift store, consignment shop, resale shop, or even Goodwill?

Demand For Silver In China Increases

This article explains the importance of investing in Silver bullion, futures and ETFs.China is investing in silver more than before. Demand for silver in China is increasing every day. The ‘Silver Imports to China’ has touched a new level. According to the studies and analyses the demand will continue to grow this year.

2011 Predictions for Silver Investment

Silver is constantly fighting market volatility to maintain its status quo as a safe haven for investment. So what does 2011 predict for silver?

You May Also Like