Erik Wetterling – Navigating The Summer Doldrums In PM Stocks By Focusing On Companies w/ Catalysts

Erik Wetterling, Founder and Editor of The Hedgeless Horseman website, joins us to for a conversation around how he is navigating this low pricing, low sentiment, low news, and low volume Summer Doldrums period in his #preciousmetals portfolio. This includes how he is approaching advanced #development projects versus earlier stage #developers, and the spectrum of different #gold and #silver #exploration companies. We start off discussing the overall sector sentiment is mirroring the bearish metals and miners pricing backdrop. This is also evidenced in the very low volume levels in trading the last couple months from the large producers and sector ETFs all the way down to the junior PM stocks. There has not been nearly as much newsflow as anticipated across the space, where some companies have either sat on some news or scaled down their anticipated work programs. Erik discusses how he is still animated by companies that have work catalysts that can impact their valuations and create alpha in the sector, and prefers those over more mature companies that have work programs that may only move the needle incrementally, and get stuck moving with sector beta and metals price direction.