Global Economic Crisis is Presenting a Golden Opportunity for Speculators in 2019
By January 10, 2019
– Published onVRIC 2019 Featured Speaker: David Erfle
As we move into 2019, there are a few trends that are continuing to heat up as we conclude a year of turmoil in the global marketplace.
The global economy has turned down heading into the new year and presents a real crisis, as quantitative easing in Europe has completely failed in stimulating economic growth and instead has simply kept governments on life-support.
Why it's Important: The sovereign debt crisis in both the European Union and Emerging Markets, coupled with growing global civil unrest over political uncertainty and rising taxes, will bring more safe-haven capital into the precious metals complex.
The investment opportunity: With the crypto and cannabis space having seen mania tops and Tax-Loss Selling Season behind us, I see beaten down junior mining stocks coming back on the radar screens of investors next year. The most attractive value opportunities for high-risk/high-reward speculators lie in the junior precious metal equity space, as they re-direct capital back into the small and micro-cap juniors.
The main focus of discussion: My presentation will be discussing research strategies on how to pinpoint the quality junior precious metal developers and early stage explorers. I will also discuss risk-management tactics when constructing a junior resource equity portfolio, including the do’s and don’ts of resource stock speculation.
Don’t Miss Out: This is an incredible time to come catch me at The World’s Largest Resource Investment Conference that happens only once a year. Register for VRIC before it's too late.
--------------------------------------------
David's Bio: 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.
Comments