Junior Gold Speculators Now Face Upside Risk says David Erfle

In this interview, professional mining investor David Erfle, the Junior Miner Junky, provides his current commentary on the junior gold sector and how he is managing his personal portfolio. David believes junior gold speculators are now facing upside risk after the GDX broke through the 7-year resistance at the 32 level. 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. David’s website: https://juniorminerjunky.com/ 0:15 Introduction 1:10 Time to go “all-in” on junior gold stocks? 4:23 Trading volume on GDX 5:05 Where to invest in junior gold sector now? 6:14 Will you sell some royalty stocks to invest in explorers soon? 7:54 Thoughts on oil? 9:05 Thoughts on Vista Gold Corp.? 9:51 Avoid Papua New Guinea as a jurisdiction? 10:49 Eric Sprott invests $60M into MAG Silver 11:59 Interested in commodities other than gold now? 12:37 Recent feedback from your subscribers? 13:40 No summer doldrums for gold sector this year? 14:36 Giving a junior mining management team a second chance after a failure? 15:47 Final thoughts Sign up for our free newsletter and receive interview transcripts, stock profiles and investment ideas: http://eepurl.com/cHxJ39 The content found on MiningStockEducation.com is for informational purposes only and is not to be considered personal legal or investment advice or a recommendation to buy or sell securities or any other product. It is based on opinions, SEC filings, current events, press releases and interviews but is not infallible. It may contain errors and MiningStockEducation.com offers no inferred or explicit warranty as to the accuracy of the information presented. If personal advice is needed, consult a qualified legal, tax or investment professional. Do not base any investment decision on the information contained on MiningStockEducation.com or our videos. We may hold equity positions in and/or be compensated by some of the companies featured on this site and therefore are biased and hold an obvious conflict of interest. MiningStockEducation.com may provide website addresses or links to websites and we disclaim any responsibility for the content of any such other websites. The information you find on MiningStockEducation.com is to be used at your own risk. By reading MiningStockEducation.com, you agree to hold MiningStockEducation.com, its owner, associates, sponsors, affiliates, and partners harmless and to completely release them from any and all liabilities due to any and all losses, damages, or injuries (financial or otherwise) that may be incurred.