Dave Erfle - Precious Metals Rally, Gold Majors Now Leading the Way

In this KE Report daily editorial (July 22), we speak with Dave Erfle, Founder and Editor of the Junior Miner Junky, to unpack what’s driving the precious metals momentum and how the sector is setting up into the back half of the year. Key discussion points: Gold Majors Reignite: Agnico and Newmont posting strong moves as gold attempts a breakout above $3,450. Technical Setups: Dave compares today’s action to previous bullish consolidations and shares key resistance levels on GDX and silver. Valuation Disconnect: Juniors with proven ounces still trading at fractions of in‑ground value despite rising margins for producers. M&A Outlook: Who might start buying - majors or mid‑tiers - and why high‑capex projects could slow deals. Forward-Looking Strategy: Why Dave expects $4,000 gold and $50 silver, and how investors can position for more upside. Click here to visit the Junior Miner Junky website to learn more about Dave’s investment letter.