Weekend Show – Dana Lyons & Brien Lundin – Melt-Up Markets, Copper’s Wild Ride, & the Gold-Silver Setup
As equity markets continue to grind higher amid political noise, and commodity prices react violently to shifting trade headlines, investors are searching for clarity. This weekend’s KE Report dives deep into both – the big-picture market signals and the underlying resource stock trends – with technical analyst Dana Lyons and metals market veteran Brien Lundin.
Segments:
- Segment 1 & 2 – Dana Lyons, fund manager and editor of the Lyons Share Pro website, joined us to discuss the ongoing market melt-up, where his models remain bullish despite soft red flags in sentiment, seasonality, and market breadth. He also outlined tactical trades in copper and silver following tariff-driven volatility, sees gold’s consolidation as constructive, and maintains high conviction in further upside for U.S. equities, led by large-cap growth and industrials.
- Click here to visit the Lyons Share Pro website and learn more about Dana’s investment services.
- Segment 3 & 4 – Brien Lundin, editor of The Gold Newsletter and host of the New Orleans Investment Conference, joined the show to share his outlook on gold, silver, and copper markets, as well as the junior mining sector. He discussed gold’s summer bottoming process, silver’s bullish breakout above $35, copper’s pullback after tariff news, and why he sees current conditions as a strong buying opportunity across producers, developers, and juniors.
- Click here to learn more about the New Orleans Investment Conference on November 2-5.
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After Trump said 50% tax on Bolivia, I moved to Cabral to Talon. However, a review by 11 Federal Judges appear to be thinking about canceling Trump’s authority to issue “tariff’s (taxes on the people) based on there being “no legal basis” in the law permitting a President to tax the people by use of tariffs.
The possibility of cancelling all tariffs (taxes on the people) may result in Trump being required to return all illegal tariff money now in the billions. What if he spent it without authority. How will that impact inflation and price of goods. Will it make any difference to miners and based on the decline of the dollar and unpayable debt, can miners return their uptrend and particularly those in jurisdictions that had high tariffs. The ying-yang of illegal “Executive Branch Actions” cause disruptions in markets needing predictability. The blending of personal/government activities also lends itself to chaos.
Some more things to think about.
The Copper Pricing Boomerang
Excelsior Prosperity w/ Shad Marquitz (08-02-2025)
Charts & comments about $Copper, $COPX.US, $NICU, $ASCU, $FDY, $SURG, $PNPN
https://excelsiorprosperity.substack.com/p/the-copper-pricing-boomerang
Talon lies within the US. If it continues to hit and even if the Tariffs cease (taxes), there is more demand than supply and producing in country would be cheaper (generally) than importing. Magna is so close by, it also could be economic if the US doesn’t put artificial costs on the imports. Can’t alter the debt overload, so I would expect the prospects for copper seem positive overall. Not so much for the dollar.
There’s a lot of talks about DOW theory sell signal. Do people think is it even relevant when top 10 tech stocks make up 50 percent of the S&P and trading volume? It’s not old chimney stack economy anymore..
CJ, I think it still matters because of the Dow’s holdings which are no longer very “industrial” and represent everything you need to measure the health of the broad market. The Dow consists of important tech stocks and MSFT is the second largest holding by weighting.
https://www.slickcharts.com/dowjones
The leader Nasdaq is long term broken as of Q1 this year (as are the Dow and S&P) and the new highs haven’t fixed anything, which is probably why the banking sector has not made new highs along with it.
The week that just ended was much more bearish than most realize for NDX, SPX, and banking although MSFT and NVDA have not yet turned outright bearish along with tech in general (but long term they are bearish like everything else). AMZN and commercial real estate did turn bearish this week.
Trump’s giant rate cut is coming but is the last thing that stock bulls should cheer for.
For the month of August, ten years ago, the market took a significant hit with AMZN falling 16%, AAPL falling 24% and NDX falling over 17%. XLF fell a whopping 26%+. Generally speaking, August has not been a good month and we’re heading into this one on very shaky footing.
NVDA has spent the last 3 weeks at important rising resistance that will most likely hold.
https://schrts.co/UgJEctiR
Hi Matthew, just curious which gold junior did you buy the other day. DT
Hi BDC, I listened to your technical analysis on HydroGraph. I started buying it about three weeks ago. I was amazed at the volume building up around this stock. Volume in the stock market equals pressure and if you understand pressure switches you know it’s going to blow. After I listened to a number of different videos, I thought this is really interesting. So many juniors in the resource sector have such little volume that their turn hasn’t yet come and when it does most will never see the buildup in interest that this stock has.
HydroGrah is unusual because it is a resource stock and a tech stock, and the purity of their product is not matched by any other graphene producer, and they have taken out all the necessary patents. Purity is everything. (period) Graphene is not graphite.
KABOOM! When it started to take off, it just kept going from 23 cents to a high of $1.77 on Thursday July 29th, approximately two weeks later. I knew then that we were in for a correction, so I sold out and watched this stock end the day at $1.12. That night I was thinking I don’t know whether we will see much of a drawdown because of the interest.
On Friday yesterday this stock opened at $1.16, I knew that if I bought in tranches that I wouldn’t get burned. I watched it immediately shoot higher to $1.26 and then it started to drop again to exactly $1. That was the bottom for the day and then it turned around and started heading back up. When the market closed it finished at $1.25. I don’t see much of a correction from here for a while. As always DYODD! DT