The war in the Middle East has pushed the gold price up, but it’s not the only factor that’s causing the yellow metal to rise. Brien Lundin, editor of Gold Newsletter, said it’s also responding to turmoil in the Treasuries space.
“All the old relationships are breaking right now, which kind of signals a turning point in the market,” he explained at the New Orleans Investment Conference. “The one common characteristic is that gold is finding excuses to rise. Even when Treasury yields go up, even when they go down; even when the dollar index goes up, even when it goes down. So the correlations are different, they’re breaking.”
Lundin also discussed his positive outlook on uranium and shared where he sees the most opportunity right now.
#Investing #Gold #Uranium
This interview was filmed on November 2, 2023.
0:00 – Intro
1:20 – Highlights of New Orleans event
2:59 – Fed’s hiking cycle is essentially over
6:15 – What’s going on with treasuries?
8:41 – Factors moving the gold price
12:33 – Is uranium’s price rise real?
14:20 – Where to focus in uranium
18:00 – Dos and don’ts for investors
19:49 – Outro
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8 Comments
Investing in uranium is immoral
GLD ETF has 55.16 Billion $ in net assets = 848 tons of paper gold.
Buy physical 9999 gold,
it's dirt cheap.
Charlotte, your interviewing great guests as always and it should be said that your calm cool collected style serves you well. You must be having so much fun doing what you love because it shows. Thanks, keep on keepin' on.
Hey everyone. If you are watching and get anything out of it then hit the like and subscribe. This helps the channel (and selfishly helps the uranium and gold narrative gain exposure). We need these few contrarian interviewers to keep doing these interviews and providing infotainment.
👍
Great interview as always Charlotte. Looks like gold’s time is coming. Interesting that the miners are still very cheap to the metal. Opportunity for patient investors 👍🏼
Uranium best performing commodity in 2023
🧐 Rick rule just said US imported record qty of uranium from Russia last 12 months. Brien says they are removed from market? Also he doesn’t mention the Japanese re starts . Seems he’s not close to fully educated on uranium market