The KE Report

In today’s Daily Editorial, we chat with Dave Erfle, the founder of the Junior Miner Junky, to break down the latest price action in the precious metals sector. With gold and silver emerging from a multi-month pullback, Dave shares his technical outlook, major support thresholds, and the historical cycles keeping long-term investors grounded. This episode features an overview of key market indicators and sector ETFs, including GDX and GDXJ.

Here is a glimpse of the key discussion points covered in this episode:

Precious Metals Rebound: An analysis of the short-term trading rebound in gold and silver, highlighting the crucial psychological support levels currently holding the line.

Historical Market Analogues: Why the recent multi-month correction structurally resembles key cyclical moments from 2008, and what this pattern implies for the broader secular bull market.

Central Bank Accumulation: A look at the macro drivers keeping fundamentals strong, spearheaded by historic bullion purchasing from global central banks.

Junior Sector Catalysts: How a shifting corporate landscape and an upcoming deluge of junior mining news flow, including drill results, and economic studies could shake the sector out of its summer doldrums.

 

Click here to visit the Junior Miner Junky website to learn more about Dave’s investment letter - https://www.juniorminerjunky.com/

 

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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 or investment product. Investing in equities, commodities, really everything involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.

In this Company Update, I chat with Bob Archer, President and CEO of Pinnacle Silver & Gold (TSXV: PINN | OTCQB: PSGCF | FSE: P9J), to discuss the company's recent announcement regarding a strategic financing partnership for the El Potrero Project.

Bob breaks down the newly announced appointment of Auramet Capital Partners as a financier, detailing how this non-dilutive arrangement is designed to advance the asset toward small-scale production while protecting shareholder value. Bob also provides crucial updates on the company’s ongoing operational timelines, permitting processes, and exploration milestones.

Key discussion points include:

The Auramet Financing Structure: An overview of the US$5 million non-equity financing arrangement, the exclusivity terms, and how the relationship with Auramet dates back to successful historical ventures.

The Path to Production: A look at the anticipated 2027 timeline for restarting production at El Potrero, detailing upcoming capital expenditures from equipment procurement to infrastructure rehabilitation.

Underground Drilling Progress: Insights into the ongoing closely spaced underground drilling program, the strategy behind evaluating the vein's thickness and grade, and when investors can expect the next round of assay results.

 

Please email me with any follow up questions you have for Bob - Fleck@kereport.com.

 

Click here to visit the Pinnacle Silver and Gold website to learn more about the company and read over the recent news 

 

---------------------

For more market commentary & interview summaries, subscribe to our Substacks: 

The KE Report: https://kereport.substack.com/ 

Shad’s resource market commentary: https://excelsiorprosperity.substack.com/

 

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 or investment product. Investing in equities, commodities, really everything involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.

In this Company Update, I sit down with Dr. Paula Muto, founder and interim CEO of Apptly Health Technologies (CSE: APPT) (formerly known as UberDoc). Following the company's recent public listing, Dr. Muto explains the strategic restructuring designed to position the platform for rapid operational growth, enhanced physician integration, and recent major growth news.

Key discussion points include:

Strategic Corporate Restructuring: Why a pivot to a more physician-oriented leadership structure is accelerating the company's forward-facing marketplace goals.

Exponential Network Growth: An inside look at the consumer-side strategies that have already doubled patient/user growth, alongside a major new merger.

The Marketplace Growth: How the platform is integrating cutting-edge nutritional therapies and a subscription SaaS model featuring next-gen search engine indexing for doctors.

Game-Changing Healthcare Partnerships: The mechanics behind a massive new agreement that expands the platform's reach to tens of millions of employee lives through direct contracting.

 

Click here to visit the UberDoc website to learn more about the technology 

 

Please note this interview was recorded early in the day on June 30th, 2026. 

 

--------------------------------

For more market commentary & interview summaries, subscribe to our Substacks: 

The KE Report: https://kereport.substack.com/ 

Shad’s resource market commentary: https://excelsiorprosperity.substack.com/

 

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 or investment product. Investing in equities, commodities, really everything involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.

In this Daily Editorial, Craig Hemke, Founder and Publisher of the TF Metals Report, joins me to discuss the moderating of the peak hawkishness in the markets around inflation and Fed policy expectations over the last couple weeks.  Softening expectations have provided the conditions for the precious metals to begin to bottom and build a base, while lifting sector sentiment.  We dive into the technical outlook for gold, silver, and PM equity prices, counterbalanced against the macroeconomic backdrop.

 

Key Discussion points:

 

Craig comments on pricing in gold, silver, and PM ETFs holding steady over the last week and not going down any further; and making a slight move higher.

There was legitimate chart damage done as pricing broke below the 200-day moving average, and 50-week moving averages as a ‘piling on’ effect from the peak hawkishness in the markets. 

However, if things calm down in these summer months and pricing consolidates through time, then those moving averages will coalesce and smooth out.

This could rhyme with last summer’s sideways consolidation period, where the moving averages narrowed and built the energy for the short-duration price averages to break above the longer-duration price average to kick off the next leg higher in the bull market.

He believes most of the corrective move has now happened at this point; noting that every time gold moved below $4,000 that we witnessed strong buying come in to snap it back up over that level.

Craig reiterated that even if 2026 was to end the year flat and somewhere around the $4,340 level where it opened this year, that this would be solid performance after the outsized gains in gold on a percentage basis from 2024 and 2025.

Gold producers were chopped in half, on extreme negative sentiment from the falling metals prices paired with rising energy prices ever since the war broke out in March.  

Later in July and into August we’ll start getting the actual Q2 earnings reports from the PM producers, and Craig feels that they may surprise many investors to the upside. 

The average price of the metals and margins actually were higher than many quarters from last year, and definitely a stark difference compared to Q2 of 2025, for the year-over-year comparisons.

Additionally, the actual effect of the higher oil prices on producers input costs versus the perceptions will be another key data point to follow. The fear around higher energy prices was the rationale many used to drop the valuation in producers by 40%-60%, even though the energy inputs only come in around 10%-15% of costs, and  so the concerns were way overblown by skittish investors throughout Q2.

As we receive Q3 guidance, it will come at time where oil prices are essentially right back down to where they were at before the war even began, which should bake those concerns back out of the cost estimates.

The Fed funds futures have swung to both extremes, coming into the year expecting 2 rate cuts, and flip-flopping by going to peak hawkishness and pricing in 2 rate hikes just a few weeks back, after Kevin Warsh’s first press conference post FOMC meeting.

Craig expects that as we get more data and those inflation expectations start to equilibrate, that the market will shift to more neutral Fed policy guidance moving into the Fall, which will be a boon for the precious metals sector.

All eyes will be on the CPI and PPI  numbers 2 weeks from now for more clarity on the trend in inflation. 

 

 

Click here to visit Craig’s website – TF Metals Report – https://www.tfmetalsreport.com/

 

 

 

For more market commentary & interview summaries, subscribe to our Substacks:

 

The KE Report: https://kereport.substack.com/

Shad’s resource market commentary: https://excelsiorprosperity.substack.com/

 

 

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 and hosts may own shares in companies mentioned.

In this Daily Editorial, I chat with TG Watkins, Director of Stocks at Simpler Trading and Editor of the Profit Pilot website. The rotation trend continues from mega-cap tech leadership out into a variety of market sectors, and then some sectors that have been under selling pressure, may have found short-term support for tradable rallies. TG provides the technical signals he is watching in tech, biotech, housing, cryptos, gold, copper, critical minerals, and oil.

 

Key Discussion Points

Broad Market Expansion: Discover why the current rally is broadening out significantly beyond just mega-cap tech giants, and how the Russell 2000 (IWM) and equal-weight S&P (RSP) are showcasing underlying market strength.

Interest Rates & Inflation Outlook: TG shares his contrarian perspective on bonds, and why he is looking to buy dips in the (TLT), in anticipation of neutral rates for now and eventual dovish monetary policy. 
If rates have topped out for now, then this creates a favorable backdrop for small cap stocks, like Rice Acquisition Corp (KRSP), and consumer stocks with a traditionally higher cost of capital.

Strength in Housing Stocks: This environment of peak interest rates that may roll over lower, is also constructive for real estate & housing, where he has noted recent strength in State Street SPDR S&P Homebuilder ETF (XHB), Opendoor Technologies (OPEN), and AirBnB Inc (ABNB).

Surging Biotech Stocks: Biotech stocks have been very strong recently, but may be reaching buying exhaustion soon. TG has had his subscribers long the sector since May in ETFs like ARK Genomic Revolution ETF (ARKG),  Direxion Shares Daily S&P Biotech Bull 3X ETF (LABU), Tempus AI (TEM), and Intellia Therapeutics (NTLA).

The Cryptos Are Seeking Support: From the shifting dynamic of crypto miners into AI power generation to a technical breakdown of Bitcoin, Ethereum, and crypto repositories - find out if a digital asset turnaround is on the horizon. We look at the cryptos themselves like Bitcoin (BTC), Ethereum (ETH), and crypto-adjacent equities like MicroStrategy (MSTR), TeraWulf (WULF), Iris Energy (IREN), Galaxy Digital (GLXY).

Precious Metals Have Only Provided Bounces In Downtrends: An in-depth look at where Gold (GLD), Silver (SLV), and the VanEck Gold Miners ETF (GDX) might find technical support, after breaking down through key moving averages the last few months.  Thus far all we’ve seen is relief rallies in broader PM downtrends.

Copper Has Been Rangebound:  When contrasted against many metals, Copper and copper stocks have been more resilient, but have been in a whipsaw trendless market over the last few weeks.  TG has sold out of copper stocks like Trekor Metals Ltd {formerly Taseko}, (TGB) and Southern Copper Corp (SCCO) until he sees more solid technical evidence of a break and trend in one direction or another.

Critical Minerals Overbought and Taking A Breather:  After outsized moves this year, the narrative adjustment in AI datacenters and media focus, has seen the critical minerals stocks roll over after getting overbought on the charts.  The VanEck Rare Earth/Strategic Metals ETF (REMX) and lithium and energy storage leaders like Albemarle Corp ALB have been rolling over after solid runs in 2026.

Oil Was A Short A Few Weeks Back, But May See A Bounce:   TG noted the geopolitical effects on the oil price, after the MOU was signed between the US and Iran ending the hot war, but sees oil as technically oversold at this point. The technically oversold setup is similar in the State Street Energy Select Sector Index SPDR ETF (XLE), where a short-term relief rally would not be a surprise.

 

Click here to visit TG’s site – Profit Pilot – https://www.profit-pilot.com/

 

Click here to visit the Profit Pilot YouTube page – https://www.youtube.com/@Profit-Pilo

 

For more market commentary & interview summaries, subscribe to our Substacks:

 

The KE Report: https://kereport.substack.com/

Shad’s resource market commentary: https://excelsiorprosperity.substack.com/

 

 

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 and hosts may own shares in companies mentioned.