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"


Relevant Gold Announces Initial Closing of Strategic Financing

Relevant Gold Corp. (TSX-V:RGC) (OTCQB:RGCCF) is pleased to annou... READ MORE

April 10, 2026

Skeena Gold & Silver Completes US$750 Million Senior Secured Notes Offering & Optimizes Capital Structure

Skeena Resources Limited (TSX: SKE) (NYSE: SKE) announces that it... READ MORE

April 10, 2026

NexGold Intersects 1.79 g/t Gold Over 25.6 Metres at the Goldlund Deposit, Ontario

NexGold Mining Corp. (TSX-V: NEXG) (OTCQX: NXGCF) is pleased to p... READ MORE

April 10, 2026

Aura Announces Preliminary Q1 2026 Production Results, another record high and on track with the Company Guidance

Aura Minerals Inc. (NASDAQ: AUGO) (B3: AURA33) is pleased to anno... READ MORE

April 10, 2026

Santacruz Silver’s Wholly Owned Bolivian Subsidiary, San Lucas, Successfully Completes Oversubscribed Bs 70M Promissory Note Issuance Under New Program, Advancing Transition from Prior Facility

Santacruz Silver Mining Ltd. (NASDAQ: SCZM) (TSX-V: SCZ) is pleas... READ MORE

April 10, 2026

Copyright 2026 The Prospector News