David Erfle: Silver Staging "Powerful" Breakout; Plus Gold Stocks and Copper Squeeze

David Erfle of Junior Miner Junky shares his short-term outlook for gold as the metal takes a breather.

""This is more healthy profit taking, so I wouldn't be surprised to see that US$3,200 (per ounce) level tested,"" he said. ""I wouldn't even be surprised to see US$2,950, US$3,000 tested, which would also be a good thing, because like I said, the gold price has gotten ahead of itself and you don't want to see a parabolic situation in the gold price.""

Erfle also shares his thoughts on what's coming for silver and copper prices.

❓Where are support and resistance for gold? Tell us in the comments!

This interview was filmed on June 30, 2025.

#Investing #Gold #Silver

0:00 - Intro
0:18 - Gold's recent pullback
3:29 - Key price drivers for gold
6:08 - Will gold test US$2,950?
9:45 - US debt, bond market, Fed
13:43 - Sweet spot for gold stocks
16:03 - Silver M&A activity heating up
20:04 - Silver's quiet price breakout
24:54 - Time to buy copper stocks?
27:21 - Watch Newmont's results
31:23 - Outro