The Prospector News

Prospector News Podcast – David Erfle “The Planets Were Not Aligned for Precious Metals in September”

You have opened a direct link to the current edition PDF

Open PDF Close
Uncategorized

Share this news article

Prospector News Podcast – David Erfle “The Planets Were Not Aligned for Precious Metals in September”

 

 

 

 

 

Prospector News Publisher Michael Fox is joined by the Junior Miner Junky, David Erfle as we look at the Precious Metals markets in September. September was a terrible month for gold, silver and the miners. There was nothing but headwinds and Gold threatened to fall through a trap door as the 200- and 50-day moving averages threatened to cross on the downside. Fortunately, they bounced and tested that bottom but failed to break through that trap door. Silver broke down following gold as did the miners without much volume and little bids.

 

Looking forward to October, domestic politics, the Fed and world events seem to be putting a bid back under the precious metal. Congressional turmoil and the increasing likelihood of a highly contested Presidential contest between 2 flawed candidates will provide domestic challenges in the United States. Couple that with the Fed’s desire to continue to hike rates to fight inflation will continue to affect the markets. Couple that with the outbreak of hostilities in the Middle East pushing a flight to safety we live in interesting times indeed!

 

At the end Michael Gives a special Invitation for investors to attend the New Orleans Investment Conference. Regardless of what happens in the Mideast and when, we are about to enter a tremendously bullish environment for gold, silver and mining stocks. The timing is perfect for this year’s New Orleans Investment Conference, convening in just a few weeks. You’ll not only hear from many of today’s top geopolitical analysts, but also leading macroeconomic thinkers and the most successful mining stock pickers in the business.

 

To Register for the New Orleans Investment Show 

 

To Follow the Junior Miner Junky 

Posted October 12, 2023

Share this news article

MORE or "UNCATEGORIZED"


Antimony Resources Corp. (ATMY) (ATMYF) (K8J0) Reports Gold Assays Up To 1.88 Grams per Tonne (g/t) Gold Over 4.85 Meters from Drill Core Samples in the Main Zone at Bald Hill Antimony Project

Antimony Resources Corp. (CSE: ATMY) (OTCQB: ATMYF) (FSE: K8J0) is pleased to announce that it has ... READ MORE

June 30, 2026

Buffalo Potash Announces Closing of Second and Final Tranche of Oversubscribed and Upsized C$14.85 Million Non-Brokered Private Placement

Buffalo Potash Corporation (TSX-V: BUFF) (OTCQB: BLPTF) is pleased to announce that, further to its ... READ MORE

June 30, 2026

Fortuna delivers robust Feasibility Study for the Diamba Sud Gold Project in Senegal: After-tax IRR of 60% and NPV5% of US$1 billion using US$3,500/oz

Fortuna Mining Corp. (NYSE: FSM) (TSX: FVI) announces positive results from the feasibility study fo... READ MORE

June 30, 2026

Contango Enhances Economics with Strategic Settlement of the Lucky Shot Milestone Payments and Receives $9 Million Cash Distribution from Peak Gold JV

Contango Silver and Gold Inc. (NYSE: CTGO) (TSX: CTGO) is pleased to announce that it has entered in... READ MORE

June 30, 2026

Lion One Announces Closing of First Tranche of Non-Brokered Private Placement of Convertible Debenture Units and Units for Gross Proceeds of $15.3 Million

Lion One Metals Limited (TSX-V: LIO) (OTCQX: LOMLF) is pleased to announce that it has closed the fi... READ MORE

June 30, 2026

Copyright 2026 The Prospector News