David Erfle: Gold's 2024 Price Potential, How Silver Gets Above US$30

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  • Опубліковано 5 чер 2024
  • David Erfle of Junior Miner Junky shares his thoughts on gold, explaining what pushed it to record highs, why it's now consolidating and how high it could go in 2024. He also discusses silver, including what it will take for the white metal to get past US$30 per ounce.
    This interview was filmed on April 24, 2024.
    #Investing #Gold #Silver
    0:00 - Intro
    0:29 - What's driving the gold price?
    5:57 - Stock market starting to crack
    9:05 - How gold could hit US$4,000
    12:51 - Gold price outlook for 2024
    15:48 - When will gold stocks move?
    19:06 - Where David is focusing now
    22:14 - Get into a bull market mindset
    27:29 - Outro
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КОМЕНТАРІ • 26

  • @derspreewalder2286
    @derspreewalder2286 Місяць тому +3

    Thanks Charlotte for your new interview with Mr. Erfle. 👍👍

  • @warrickcannon1712
    @warrickcannon1712 Місяць тому

    Great interview and a very realistic outlook presented by David. Also endorses the under valued Gold and silver mining sector.

  • @JHatLpool
    @JHatLpool Місяць тому +1

    Great discussion. The comment beginning at 26:12 is a brave one.

  • @jtiger1062
    @jtiger1062 Місяць тому

    Another great interview…keep up the excellent content

  • @hayleyfassnidge1812
    @hayleyfassnidge1812 Місяць тому

    Always an interesting discussion. Charlotte is focused and curious..good combination. Forget fiat, it’s toast.

  • @thehungergames8918
    @thehungergames8918 Місяць тому +1

  • @st6548
    @st6548 Місяць тому +1

    GDX is up 40% since March 1, double gold at least

  • @thorsrensen3162
    @thorsrensen3162 Місяць тому

    Now we want to see gold at $3000. I missed the first break out.

  • @MoneyEducationWithReality
    @MoneyEducationWithReality 14 днів тому

    I doubt people will sell google stocks pe ratio 26 for gold as suspect people will buy more into M7.

  • @lancemairs4956
    @lancemairs4956 Місяць тому +2

    It’s not just that COSTCO is selling that much per month they are selling out in a day or two and having to limit the ounces purchased.

  • @MoneyEducationWithReality
    @MoneyEducationWithReality 14 днів тому

    if gold companies need to raise capital then they have exposure to interest rate rises so with printed money and inflation this makes it worse. Berkshire Hathaway is a better approach.

  • @MoneyEducationWithReality
    @MoneyEducationWithReality 14 днів тому

    I think 1. gold mining companies struggle to find gold and in summary struggle to survive so bad investment. 2. gold bought directly itself yes agreed could go up 3. tech stocks will continue to rise. 4. many others of stock market will drop may move to gold.

  • @bobsilver3983
    @bobsilver3983 Місяць тому +2

    My mailman is always asking me why I buy so many bearings online.

    • @cjoe1950
      @cjoe1950 Місяць тому +1

      to string it all up for some fun later. What else?

    • @kaznika6584
      @kaznika6584 Місяць тому +1

      Just tell them it's bullets.

    • @JHatLpool
      @JHatLpool Місяць тому +2

      Tell the postman that you are building your own tank (by mail order).

    • @bobsilver3983
      @bobsilver3983 Місяць тому

      @@billdickson1142 out in tim buck two

    • @kevinford6420
      @kevinford6420 Місяць тому +2

      😂😂😂 I call mine motor bike parts

  • @MoneyEducationWithReality
    @MoneyEducationWithReality 14 днів тому

    I really think to be talking about gold stocks is a major mistake.Significant risk with closures operational costs inflation not finding sufficient gold. How can these compete with M7 is a joke sorry.

  • @fritzbender5050
    @fritzbender5050 Місяць тому +1

    David is one of my favorites. Thank you Miss Charlotte.

  • @st6548
    @st6548 Місяць тому

    miners on fire and nobdoy believes it, in fact they keep saying miners are lagging gold, which is simply not the case, many miners are already up 100-150%!

  • @cjoe1950
    @cjoe1950 Місяць тому +1

    Just watching because i'm bored. I already know newsletter writers know nothing but to repeat mantras.

  • @MoneyEducationWithReality
    @MoneyEducationWithReality 14 днів тому

    stay away from miner companies folks. one of the worst things anyone could do

  • @MoneyEducationWithReality
    @MoneyEducationWithReality 14 днів тому

    so in the past u have lost money..as suspected. nice chap but this is a open forum of views