Erik Wetterling – Precious Metals Corrections Highlight Which Portfolio Positions Are High-Conviction Alpha Investments Versus Beta Momentum Plays

About this episode

Erik Wetterling discusses the current state of the gold and silver markets and shares insights on portfolio rebalancing and investment strategies.

Erik Wetterling, Founder and Editor of The Hedgeless Horseman website, joins me to reflect on the status of the gold and silver bull market, after the corrective moves of the last few months. He also outlines how he is approaching rebalancing his portfolio from a high-conviction standpoint, and by weighting his positioning heaviest to the junior resource stocks with compelling alpha catalysts on tap in their coming newsflow. He starts off noting that the correction thus far in gold and silver, from the high peaks earlier this year to the recent lows is almost getting as extreme, on a percentage basis, as the moves seen in the metals during the Great Financial Crisis. For this reason he believes most of the downside price moves have already occurred across the sector, and he is not expecting a prolonged multi-year bear market from here. With regards to the junior resource stocks, his perspective is that these deeper corrections bring clarity to one’s conviction in any given portfolio position. When analyzing the downside trends that we’ve seen in precious metals stocks over the last few months, and especially during the sharp moves lower, like what we saw the end of last week; he…

People in this episode

Host: KE Report

Guest: Erik Wetterling

Topics covered

• precious metals
• portfolio management
• investing strategies
• gold market
• silver market
• junior resource stocks

Keywords

• precious metals
• gold
• silver
• portfolio positions
• alpha investments
• junior resource stocks
• market corrections

Mentioned in this episode

Organizations: The Hedgeless Horseman

Places: Great Financial Crisis

More episodes of The KE Report

• Spartan Metals - Exploring And Developing Across The Largest Tungsten Resource Base In The USA · June 12, 2026 · 27 min
• Novo Resources - Belltopper Initial Resource Estimate, Egina Project Update, New Exploration Manager Introduction, Project Portfolio Overview · June 12, 2026 · 21 min
• White Gold - Largest Drill Program To Date, Upcoming PEA, and Spin-Out Of Critical Minerals Properties · June 12, 2026 · 26 min
• Joel Elconin - Short-Term Volatility and Long-Term Trends: S&P, Ai Stocks, Tech Stocks, IPOs, Interest Rates · June 11, 2026 · 19 min
• Red Canyon Resources - Exploration Update: Drilling 4,000 Meters At Osiris, ZTEM Survey At Scraper Springs, Kendal Project Update · June 11, 2026 · 19 min
• GoGold Resources – Final Permits Received For The Los Ricos South Underground Mine – Reviewing The 24-Month Pathway To Production · June 11, 2026 · 19 min