Brien Lundin - Gold Chart Analysis and SilverCrest M&A Recap

Brien Lundin, Editor of the Gold Newsletter and our host at the New Orleans Investment Conference joins me to discuss the current trends and future prospects of the gold market. Despite a slight decline since late September, gold continues in an uptrend with dips being generally shallow. 

 

Looking at the gold chart, Brien notes technical indicators like Bollinger Bands, which have historically signaled pauses and subsequent rallies within bull markets. He also addresses the relative resilience of gold amidst a rising U.S. dollar and interest rates, suggesting broader financial system worries might be driving the parallel increase in gold prices. 

 

We also discuss the performance of major and mid-tier gold miners, noting their financial successes and the potential shift towards increased M&A activities as they seek to maintain growth and appeal to generalist investors. 

 

On the silver front, Coeur Mining's acquisition of SilverCrest is highlighted, underscoring the industry's ongoing consolidation trend. Brien also touches upon the current exploration landscape, noting high-grade discoveries, and potential opportunities in existing resource-rich juniors. 

 

Looking ahead, we discuss what to expect from the 50th anniversary of the New Orleans Investment Conference from November 20th-23rd. Renowned speakers and industry experts are set to provide valuable insights, with a money-back guarantee that reinforces the conference's commitment to delivering substantial value to attendees.

 

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