3 days ago

Dave Erfle - Silver Stocks Surge As Breakout Gains Momentum, But Are Silver Stock Lagging Again?

Dave Erfle, founder and editor of Junior Miner Junky, joins us for a timely update on the silver sector, following a major technical breakout in silver above the long-standing $35 resistance level.

Silver is now trading above $36, yet many silver stocks are still lagging, presenting both a potential opportunity and a challenge for investor sentiment. In this interview, we break down the signals from the market and silver equities.

Key themes discussed:

  • Why silver’s breakout wasn’t a surprise to seasoned silver stock investors

  • Volume and price action in SIL and SILJ - and what it suggests

  • Why many silver stocks are still undervalued, even after the breakout

  • The importance of a disciplined selling strategy in bull markets

  • Where Dave sees the most value: advanced-stage juniors with de-risked projects and upcoming PEA catalysts

We also revisit past silver runs, including the 2020-2021 silver squeeze, and compare current valuations. Dave shares what indicators he’s watching next, including inflation data, the U.S. dollar, and how much FOMO sidelined investors can handle before jumping back in.

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