How to Manage a Junior Gold Stock Portfolio Amidst Volatility - Pro Investor David Erfle

Pro Investor David Erfle reveals how he is managing the recent junior mining volatility and sell-off. David reminds listeners that in small resource stocks risk management is number one. Although he is not predicting it, he even sees the possibility where gold might trade down to $2,800/oz. If gold closes a week below $4,200/oz that is a threshold that David expects would trigger more selling. This recent sell-off, he explains, also creates a nice possible entry point for new gold stock investors. Dave emphasizes that fundamentals remain bullish longer term, but risk management, taking profits, and accumulating in tranches are essential, especially for newer entrants. 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. 00:00 Intro 00:52 Portfolio Moves in Volatility 01:59 Deleveraging and Forced Selling 04:33 Cash and Risk-Free Juniors 05:45 Key Gold & Silver Levels 07:21 Corrections in Bull Markets 08:59 Politics Rates and Miner Costs 11:41 Accumulating Fishing Lines 13:40 Valuations and $10,000 Gold Talk 16:54 GDX & GDXJ Support Targets 21:00 Tranche Buying David’s website: Sign up for our free newsletter and receive interview transcripts, stock profiles and investment ideas: Mining Stock Education (MSE) offers informational content based on available data but it does not constitute investment, tax, or legal advice. It may not be appropriate for all situations or objectives. Readers and listeners should seek professional advice, make independent investigations and assessments before investing. MSE does not guarantee the accuracy or completeness of its content and should not be solely relied upon for investment decisions. MSE and its owner may hold financial interests in the companies discussed and can trade such securities without notice. If you buy stock in a company featured on MSE, for your own protection, you should assume that it is MSE’s owner personally selling you that stock. MSE is biased towards its advertising sponsors which make this platform possible. MSE is not liable for representations, warranties, or omissions in its content. By accessing MSE content, users agree that MSE and its affiliates bear no liability related to the information provided or the investment decisions you make. Full disclaimer:

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How to Manage a Junior Gold Stock Portfolio Amidst Volatility - Pro Investor David Erfle is an episode from Mining Stock Education by Mining Stock Education.

This episode is 00:25:17 long.

This episode was published on Mar 31, 2026.

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