Video News/Digging Deep

David Erfle, Founder of JuniorMinerJunky.com, joins Kitco Mining’s Digging Deep to discuss why the strong move in gold, silver, and copper entering 2026 reflects deeper structural forces rather than a short-term rally. He points to rising geopolitical risk, expanding sovereign debt, and growing policy uncertainty as key drivers supporting precious metals and base metals prices. Erfle also highlights the risk that the Federal Reserve eases monetary policy more aggressively than economic conditions justify, warning that this dynamic could further reinforce demand for hard assets. The conversation explores how intensifying competition for resources is reshaping the global metals landscape, with the US moving to secure critical supply chains while China continues acquiring gold and copper assets across Latin America. Erfle also discusses what strong producer margins, rising free cash flow, and continued under ownership by generalist investors could mean for mining equities, particularly junior gold, silver, and copper companies, as the sector heads deeper into 2026.