Brien Lundin – Gold Equities and Silver Outperforming Gold, Is March Signalling A Major Shift In Sentiment?
Brien Lundin, Editor of The Gold Newsletter and our host at the New Orleans Investment Conference joins us to discuss the shift in sentiment in gold equities and silver in March. We ask what has caused this shift in sentiment and how to gauge US investment demand.
When discussing the underlying precious metals equities we look at different sub-sectors of the stocks to gauge which are moving first and which have the best set up to move the highest. Brien even shares a few stocks he likes at the moment.
I think you are right. Lots of money sitting and waiting for the big crash.
We’re now closer to the end of this PM stock disaster then we are from the beginning. This year in all probability will be the time to take bigger positions in the PM stocks. We’re still months from the exponential move in the stocks but are seeing the stirrings in a lot of the stocks. I’m picking up my purchasing and will continue to on all pullbacks. I love some of the technicals I’m seeing.
Thanks Doc. My hunch is everything will go down in one giant whooosh.
FREAKY FRIDAY AGAIN…………………… Have a great one!
I’m convinced metal stocks aren’t going anywhere fast and bigly before a true blood bath event. A complete washout of sentiments so to speak. Then we will see the likes of Blackrock and large funds scooping up cheap shares of Agnico, Barrick, Pan American etc. What we have right now is gold bugs and Gary Savage’s subs doing all buying and selling. No big whales are interested in this sector.