Shorting S&P 500 & Staying Long Junior Miners with Pro Mining Investor David Erfle

Published: Aug. 24, 2022, 11:04 a.m.

b'In this interview pro mining investor David Erfle provides his commentary on the general stock market, gold and gold stocks. David is shorting the S&P 500 while going long junior miners. He says the juniors are trading as if gold is $1400 and historically oversold. David noted that even Newmont is trading like a junior mining stock and has become significantly undervalued to the point that David put some NEM in his conservative retirement account.

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\\u2019s website: https://juniorminerjunky.com/

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