Mining Stock Daily Brien Lundin on Gold in Extreme Overbought Conditions
Apr 1, 2025
Brien Lundin, host of the New Orleans Investment Conference and gold newsletter expert, dives into the current gold market's extreme overbought conditions. He discusses the factors behind gold's recent surge to all-time highs and the implications for mining stocks. Lundin highlights the differences in performance between gold and silver, while exploring the resurgence of junior mining stocks. He also shares insights on how new trade tariffs may shape the global economy, blending analysis with engaging anecdotes.
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Gold's Relentless Rise
- Gold's relentless rise may be due to central banks and short covering.
- These buyers are price-insensitive, contributing to the overbought conditions.
Shifting Market Dynamics for Junior Miners
- The current market favors "haves" who can finance on good terms, while "have-nots" struggle.
- However, a shift is occurring with increased interest and financing opportunities for junior miners.
Get On Board the Junior Mining Train
- Get involved in the junior mining market now; don't wait for a market crash.
- Current opportunities are good, and the market is gaining momentum.