“Junior Mining Sector Momentum is Coming” says Investor Erik Wetterling
“If you just appreciate what this sector does once momentum gets started. Look at any historic junior chart, once momentum starts it just feeds on itself. What is weird is that it has not really happened; not even gold to three thousand [dollars] has been able to do that. I also think it points to how irrational this sector is. And it is all about momentum,” says private investor Erik Wetterling in this MSE episode. Erik, furthermore, shares his current views on the junior mining sector and how he is managing his portfolio.
0:00 Introduction 0:55 Junior mining value opportunities 5:53 When will gold stocks respond? 14:18 Fort Knox gold audit 18:42 Speculation in non-gold metals 21:54 Separating signal from noise 27:06 PDAC expectations 31:44 Networking necessity 34:21 Stock picks 39:17 Why retail loses money