Brien Lundin Commentary – Thu 17 May, 2018

There Is Downside Support For the Metals

Brien Lundin joins me today to share his thoughts on the short term breakdown in the gold price. Impacted by a strengthening USD (which Brien thinks is almost done) he seems some downside support at levels not much lower than the current price. We also have a couple comments on the Fed and what he seems changing the big picture.

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  1. On May 17, 2018 at 1:06 pm,
    Silverdollar says:

    Agree with Brian that 3% Fed Funds Rate is probably the upward limit…………perhaps another quarter to 3.25. What Brian didn’t mention was the possibility that if things got real dire during the next downturn, they can always go negative. That could be the biggest surprise for we Americans. JMO