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"


Silver Elephant Received US$1.4 Million in Cash Proceeds from Apuradita Silver Concentrate Sales in 2026

Silver Elephant Mining Corp. (TSX: ELEF) (OTCQB: SILEF) (FSE: 1P... READ MORE

August 21, 2026

Bunker Hill and Silver47 Announce Merger to Create a ‘Made in America’ U.S. Silver & Critical Minerals Champion

Bunker Hill Mining Corp. (TSX: BNKR) (OTCQB: BHLL), and Silver47 ... READ MORE

August 21, 2026

Goliath Reports Multiple Holes Up To 7.38 g/t AuEq Over 35.7 Meters, Including 19.51 g/t AuEq Over 8.32 Meters at the High-Grade Gold Surebet Discovery that Remains Open for Expansion, Golden Triangle, B.C.

Drill hole GD-26-436 from the Surebet Zone, intersected an extens... READ MORE

August 21, 2026

IMPACT Silver Reports Q2 2026 Results: Revenue Increased by 124%, Gross Profit up 756% on Silver Leverage, Higher Grades

IMPACT Silver Corp. (TSX-V: IPT) (OTCQB: ISVLF) (FSE: IKL) anno... READ MORE

August 21, 2026

Osisko Gold Announces Amendment to US$450 Million Appian Credit Facility and Satisfaction of Key Technical Conditions Precedent Following Successful Completion of the Lowhee Infill Drill Program at the Cariboo Gold Project

HIGHLIGHTS Appian confirms satisfaction of certain key technical ... READ MORE

August 21, 2026

Copyright 2026 The Prospector News