Gold & Gold Stock Commentary from Pro Mining Investor David Erfle

Pro mining investor David Erfle provides his commentary on the gold price and junior gold stock sector. 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, whose website attracts nearly a million visits every day.

0:00 Introduction
0:34 Gold/Silver commentary
4:42 What are gold stocks telegraphing about the gold price?
6:25 “Sell in May and go away?”
9:29 Talking profits along the way
12:28 Discoveries are being rewarded now
13:46 Mining stocks that gap up
16:22 Nevada increasing mining taxes