Dave Erfle - Gold’s Runaway Bull Market and Silver’s 45-Year Breakout

In today’s KE Report Daily Editorial (Oct 1), we’re joined by Dave Erfle, founder and editor of Junior Miner Junky, to break down the latest surge in precious metals.

Key discussion points:

• Gold’s runaway rally: Up over $400 in September alone, testing $4,000/oz with monthly RSI levels never seen before.
  
  
• Silver’s breakout: A 45-year cup-and-handle pattern confirmed with Q3 closing above $46 … the strongest quarterly average in history.
  
  
• Gold-to-silver ratio: From 100:1 in May down to ~80:1, with potential to move toward historical averages near 60:1 or lower.
  
  
• Investor sentiment shift: Institutions and even high-profile fund managers now recommending 20% portfolio allocation to precious metals.
  
  
• Correction vs. cycle extension: After eight straight weeks of gains in miners, a pullback seems due.
  
  
• Strategy & positioning: How Dave is locking in profits, recycling cash, and targeting optionality plays in gold, silver, and copper juniors.
  
  

Stocks / ETFs discussed: GDX, GDXJ

 

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

 

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Investment disclaimer:
This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security. Investing in equities and commodities involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.