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Thursday, May 13, 2021

Gold Price $1850 and Up with David Erfle

from Kerry Lutz's Financial Survival Network

David Erfle is a self-taught mining sector investor. For gold, $1850 is the new line in the sand. Bullish declining wedges are very frustrating. Once it breaks out, then it will start moving. Short term metals are overbought. Mining Stocks are a screaming bargain. They’re drilling and derisking. It’s given investors time to do their investigation and line up prospects to add to their portfolio. It’s been a healthy correction with a nice double bottom. Once we have a close over $1850 it’s off to the races. That’s the sign for momentum investors to race in.

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from Kerry Lutz Podcasts – Financial Survival Network https://ift.tt/3tIkoHN