Brien Lundin – Making Sense Of Yesterday’s Everything Rebound
Yesterday was a nice reprieve for investors after as most sectors bounced after weeks of downward action. There was a lot of weaker US economic data as well as action from the Peoples Bank Of China that may have contributed to the bounce.
Brien Lundin, our Host at the New Orleans Investment Conference joins us to focus on yesterday’s rebound in gold and gold stocks. The gold stock ETFs (GDX and GDXJ) both had nice up moves on higher volume. We have Brien share his thoughts on the main drivers behind the rebound and what needs to happen to sustain an uptrend. We also ask about the types of stocks that will lead a rebound in PMs and have the best upside.