Junior Miner Junky’s David Erfle joined us for a precious metals market review. David is seeing a repeat performance of the 2016 election pattern in precious metals. Be prepared to be underwhelmed by the movement. He’s seeing more of a pullback, possibly down to the 1750-1800 level. Gold is like Natgas, just when you think you have it figured out, that’s when everything goes to hell. Right now, the stocks are lagging the metals and this is the opposite of what you want to see for higher metals prices. But there is hope, David believes that when this consolidation is over, we’ll seen even higher metals prices and possibly record high prices. Sometime after the election when things get back to normal.
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