David Erfle stated: “We’ve had the SILJ now showing relative strength to the GDXJ. GDXJ is showing relative strength to the GDX. And the miners and silver are showing relative strength to the gold price. So that is what you need to see happening; and it started to happen this week as the Fed is ready to reverse its monetary policy, which is huge.” In this MSE episode, David Erfle also provides commentary on the gold price and the broader junior mining sector. He also shared his firsthand observations from last week’s Beaver Creek Precious Metals Summit where industry investors and issuers gathered together. 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. 0:00 Introduction 0:41 Beaver Creek Precious Metals Summit observations 2:22 Legal rumors? 3:43 Time to invest in gold explorers? 4:54 Mexican open pit mining ban 9:26 Any buys or sells recently? 13:24 Silver price 15:03 “Juniors never been this cheap” 17:09 Gold juniors won’t fall with stock market David’s website: https://juniorminerjunky.com/ Sign up for our free newsletter and receive interview transcripts, stock profiles and investment ideas: http://eepurl.com/cHxJ39 Mining Stock Education (MSE) offers informational content based on available data but it does not constitute investment, tax, or legal advice. It may not be appropriate for all situations or objectives. Readers and listeners should seek professional advice, make independent investigations and assessments before investing. MSE does not guarantee the accuracy or completeness of its content and should not be solely relied upon for investment decisions. MSE and its owner may hold financial interests in the companies discussed and can trade such securities without notice. If you buy stock in a company featured on MSE, for your own protection, you should assume that it is MSE’s owner personally selling you that stock. MSE is biased towards its advertising sponsors which make this platform possible. MSE is not liable for representations, warranties, or omissions in its content. By accessing MSE content, users agree that MSE and its affiliates bear no liability related to the information provided or the investment decisions you make. Full disclaimer: https://www.miningstockeducation.com/disclaimer/