Weekend Show - Dave Erfle & Josef Schachter - Gold Over $4,200, Silver at All-Time Highs & Energy Stocks On Sale

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Nov 29, 2025

Dave Erfle, the founder of Junior Miner Junky, discusses gold and silver's recent consolidation, highlighting bullish patterns and risks involved with juniors. He emphasizes silver's strong uptrend and takeover activity in the mining sector. Josef Schachter, from the Schachter Energy Report, offers insights into the strengthening fundamentals of natural gas driven by LNG exports and data center demand. He shares cautious outlooks on oil and where to find value in resilient energy stocks, focusing on dividends and smart investing strategies.

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INSIGHT

Gold And Silver Building New Floors

Gold is consolidating in a bullish symmetrical triangle while attempting to establish a new floor near $4,000.
Silver is leading with strength and is building support near $50, signaling broader bullish potential in precious metals.

INSIGHT

Supply Deficit Strengthens Silver Case

Silver's rally is fundamentally supported by a persistent five-year supply deficit with demand outpacing supply.
The US adding silver and copper to its critical metals list strengthens the long-term bullish case.

ANECDOTE

Takeover Activity In Junior Miners

Dave highlighted recent takeover interest in his top juniors, mentioning Probe and Abra Silver as active targets.
He expects further bids and takeover activity before shareholder votes in early next year.

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In this Thanksgiving weekend edition of The KE Report, we first sit down with Dave Erfle to dig into the current consolidation in gold and silver, the surge in quality juniors, and what could still go wrong. In the second half, Josef Schachter breaks down why natural gas looks fundamentally stronger than oil, how LNG, data centers, and storage trends are reshaping the market, and where dividend and growth investors can find value in beaten-up energy names.

Segment 1 & 2 - Dave Erfle, founder and editor of Junior Miner Junky, discussing gold’s consolidation around a new floor near $4,000, silver’s leadership as it builds support near $50, and the resulting strength and takeover activity among quality precious-metal miners. He also highlights sector risks, the impact of recent financings and dilution, limited tax-loss selling pressures, and how he’s managing and rotating junior mining positions into year-end.
Click here to visit the Junior Miner Junky website to learn more about Dave’s investment letter - https://www.juniorminerjunky.com/

Segment 3 & 4 - Wrapping up the show is Josef Schachter, founder and editor of the Schachter Energy Report and the Eye on Energy report on Substack, who outlines a bullish case for natural gas driven by LNG exports, data-center demand, and tightening storage, while maintaining a cautious but opportunity-focused outlook on oil. He also highlights where investors can find value in dividend-paying and growth-oriented energy equities ahead of a potential multi-year sector uptrend.
Click here to learn more about The Schachter Energy Report - https://schachterenergyreport.ca/. And check back in December to take advantage of his upcoming special.

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Investment disclaimer:

This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security. Investing in equities and commodities involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests may own shares in companies mentioned.