Brien Lundin – The New Orleans Investment Conference, The Fed, Gold, and Mining Stocks

Brien Lundin, Publisher of The Gold Newsletter joins us today and leads with an overview of what investors can anticipate from this year’s New Orleans Investment Conference, and the stacked roster of speakers.  We then get into the potential path forward and pitfalls of the Fed policies and what to listen for in Jerome Powell’s speech tomorrow at Jackson Hole.  Next Brien shares his thoughts on the recent price action in gold and what fundamental drivers he feels could move the metals price.  We wrap up with discussing the current setup in the mining stocks and one company Brien is liking, I-80 Gold Corp. (TSX:IAU – OTC:IAUCF)

Click here to visit Brien’s Gold Newsletter website.

    Aug 26, 2021 26:28 PM

    Another on-point discussion. What the Fed tries to jawbone about cutting back in bond purchases should have been worked in already…but the purpose is to try to rationalize contrary intervention. Anything that embarrasses the Fed or their declining fiat currency has to be avoided so they have to project rhetoric of taking action contrary to their losing position of promoting money printing and negative interest rates. Gold must be suppressed and the best claim is that they are reducing bond purchases and ignoring debt levels, interest rates, lack of tools and under the table, unaudited Fed actions. Whether or not jaw boning is effective, it appears effective when computers make gold suppression consistent when their false agenda. Just my 2 cents…again.

      Aug 26, 2021 26:39 PM

      Great points David, and yes, the Fed is gifted at jawboning the markets into submission, and in keeping the interest rates in their safe space. I’m not expecting anything that significant tomorrow from Jerome, but there have also been a steady stream of comment from the other Fed governors all week long, and a number slated to address the main stream media tomorrow morning before the Jackson Hole address that Powell makes, so they’ll be pushing the narrative and sadly, most of the market will buy it. Rinse and repeat…

        Aug 26, 2021 26:13 PM

        Thanks for your comments.. arghhhh

          Aug 26, 2021 26:20 PM

          Saturn Metals(STN:AX) a young explorer with 68M shares out. Dundee and Sprott own 25% between the two of them.

    Aug 26, 2021 26:17 PM

    Brien Lundin: Gold vs FED – Power Struggle For Dominance

    Soar Financial – Aug 23, 2021

    “SF Online – Session 10 – August 11, 2021 – CLOSING KEYNOTE: Brien Lundin of Jefferson Financial joins us to discuss the background and reasons for a higher gold price & the power struggle with the FED.”