Clear Commodity Network Clear Commodity Network
  • Home
  • Metals
  • Energy
  • Agriculture
  • Podcasts
  • Playlists
  • Prices
Clear Commodity Network Clear Commodity Network Clear Commodity Network Clear Commodity Network
  • Home
  • Metals
  • Energy
  • Agriculture
  • Podcasts
  • Playlists
  • Prices
Cover for Brien Lundin – Fundamental And Technical Setup In Gold, And Factors Moving Resource Stocks

Brien Lundin – Fundamental And Technical Setup In Gold, And Factors Moving Resource Stocks

July 17, 2024
  • Gold
  • Brien Lundin
KEReport
By KEReport
KEReport

Brien Lundin, Editor of the Gold Newsletter and our host at the New Orleans Investment Conference, joins us to review the fundamental and technical setup in the gold and what news and market factors are moving the resource stocks in gold, silver, copper, and uranium.  We start off looking at the softer US economic data and moderating inflation that is giving market participants in many sectors more confidence that the Fed will begin cutting rates in the next few months. Brien points to the recent breakout to new highs coming technically as the bollinger bands were tightening on the charts, that hs had written to his subscribers about in advance.  The fundamentals for higher gold prices are in place with the backdrop of the weaker US economic data, strong buying from central banks, the significant role of Eastern demand, particularly from China, and finally more interest in precious metals from Western investors lately.

With regards to the resource stocks Brien reiterates that any pullbacks in the metals and weakness like we are seeing this week, is a buying opportunity as the larger bull market trends are solidly in place. We discuss the positive margin expansion we should be seeing in gold and silver producers as they report Q2 earnings over the next month.  He points to companies where he likes the current risk/reward set up in companies like Heliostar Metals (TSXV: HSTR) (OTCQX: HSTXF), Banyan Gold (TSXV: BYN) (OTCQB: BYAGF), Vizsla Silver (TSXV: VZLA) (NYSE: VZLA), and a wider swath of the silver stocks.  With uranium stocks, he is bullish on the demand drivers for growing nuclear power demand, and thinks the recent weakness provides a good place for positioning for the longer-term thesis.  Copper has corrected, but Brien believes the price will double in the next 3 years, but that investors need to be more selective with juniors, as they really need a larger strategic partnership with senior producers to advance the expensive drilling and long timelines, and points to Filo Corp. (TSX: FIL) (OTCQX: FLMMF) as a unique story because the Lundin family was able to move it forward internally using their own capital and mining expertise.

Click here to learn more about the New Orleans Investment Conference on November 20-23.

Click here to visit the Gold Newsletter website to learn more about Brien’s letter.

KEReport
KEReport
The KE Report provides exclusive interviews with private money managers and sub $10 billion market cap companies. Interviews are published daily to help investors navigate the markets.
View all podcast by KEReport

Subscribe for Clear Insights

Freshly dropped news & interviews delivered to your inbox daily.
Please review our Disclaimer and Privacy Policy.

More Clear Commentary:

Cover for Weekend Show - Peter Boockvar & Brien Lundin - Market Uncertainty, Recession Fears, Tariff Wars, Gold At $3,000

Weekend Show - Peter Boockvar & Brien Lundin - Market Uncertainty, Recession Fears, Tariff Wars, Gold At $3,000

Cover for Brien Lundin - Surging Gold, Silver, Copper, Junior Mining Opportunities, and Portfolio Strategy

Brien Lundin - Surging Gold, Silver, Copper, Junior Mining Opportunities, and Portfolio Strategy

Cover for Brien Lundin on Gold in Extreme Overbought Conditions

Brien Lundin on Gold in Extreme Overbought Conditions

Cover for Brien Lundin - Gold’s Safe Haven Surge, Central Bank Buying, and Juniors on the Move

Brien Lundin - Gold’s Safe Haven Surge, Central Bank Buying, and Juniors on the Move

Cover for Brien Lundin - Gold Volatility, Global Money Flow Trends, and It’s Exploration Season

Brien Lundin - Gold Volatility, Global Money Flow Trends, and It’s Exploration Season

Cover for Brien Lundin - Gold and Silver Equities Bull Market Playbook

Brien Lundin - Gold and Silver Equities Bull Market Playbook

Copyright © 2025 Clear Commodity Network. All Rights Reserved.

  • Tweet
  • Share
  • Share
  • Share
  • Share
  • Share
  • Tweet
  • Share
  • Share
  • Share
  • Share
  • Share