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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.