Junior Miner Junky’s David Erfle: ‘Buy the Boredom’ in Gold Stocks (before the next leg up)
MiningStockEducation.com May 28, 2026
Summary
Erfle argues the current sideways price action in gold stocks is a normal consolidation phase, not a collapse, setting up for another upward move.
Strong Q1 miner profits, historically low sector open interest, and ongoing central-bank gold buying create a compelling contrarian buying opportunity.
Specific catalysts like the Equinox-Orla merger and Perpetua's EXIM Bank loan signal increasing sector momentum and institutional interest.