Dave Erfle - Gold & Silver Stocks: Steady Climb or Overheated Market?

The KE Report

On today’s KE Report Daily Editorial (Friday, August 22), we’re joined by Dave Erfle, Founder and Editor of Junior Miner Junky. After a month away, Dave shares his outlook on precious metals and mining equities as the sector continues its bullish momentum.

Key Themes:

• Gold & Silver Price Action - Gold consolidating near highs, silver pushing above $39.
  
• Mining Equities Outperform - GDX up 12% since July, with majors grinding higher while juniors show mixed strength.
  
• Profitability & Fundamentals - Producers reporting record profits, healthier balance sheets, and strong margins.
  
• Market Sentiment & Risks - Bullish Percent Gold Miners Index at 100%; signals short-term correction risk but still strong long-term setup.
  
• M&A Potential - Expectations for acquisitions and strategic deals at Beaver Creek and Denver Gold Forum.
  

Dave explains why this bull market still has room to run, what levels to watch for potential corrections, and where he’s seeing the most compelling opportunities across majors, mid-tiers, and juniors.

Click here to visit the Junior Miner Junky website to learn more about Dave’s investment letter.