Weekend Show – Peter Boockvar & Dana Lyons – The Gold Bull Market Through The Eyes Of 2 Generalist Investors/Traders
This weekend’s KE Report dives deep into the gold market’s extraordinary run through the eyes of generalist investors and traders. We explore what’s driving the bull market in PMs and trading strategies for those invested in the metals and equities.
Chief Investment Officer Peter Boockvar explains why gold’s move isn’t a “fear trade” but part of a global currency realignment, while fund manager Dana Lyons breaks down how to manage profits, hedge risk, and identify the next sectors poised to lead.
Segments
- Segment 1 & 2 – Peter Boockvar, Chief Investment Officer at OnePoint BFG Wealth Partners and author of The Boock Report on Substack, explains that gold’s surge past $4,000/oz is being driven by multi-year central-bank buying and de-dollarization (with rising ETF inflows), not “safe-haven” fears. He also highlights silver’s catch-up potential and tight supply, improving margins for gold/silver miners, copper’s constructive setup amid disruptions, a contrarian-bullish view on oil & gas, growing government interest in critical minerals, and the importance of watching for parabolic tops.
- Click here to follow Peter at The Boock Report on Substack
- Segment 3 & 4 – Dana Lyons, fund manager and editor of Lyons Share Pro, wraps up the show assessing the sharp pullback in precious metals on Thursday. We discuss trading strategies he is using – urging against chasing, advocating trimming “windfall” gains at Fibonacci/technical levels (with GLD support near 330), and favoring redeployment into emerging relative strength. He notes his risk models remain bullish, is watching uranium/nuclear, and recently added exposure to biotech and Ethereum while using broader-market hedges rather than sector shorts.
- Click here to visit the Lyons Share Pro website and learn more about Dana’s investment services
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Investment disclaimer:
This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security. Investing in equities and commodities involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests may own shares in companies mentioned.
Hi DT … The American Empire is dying . The same way every other Empire has in the past . Spending too much money they dont have . Racking up huge amounts of dept that can never be repayed . Plus they have streached themselves to far around the world , & got involved in too many wars , that they never win. The ordinery American does not see it , they have had it to good since the end of WW11 . Until such a time as to when bombs start droping around them , they wont wake up to the fact that their time in the sun , has ended. …………. Respect to those who are awake , & get it .
The American Empire, The Soviet Union, and The British Empire all met their Waterloo in Afghanistan. The graveyard of Empires. DT
Hopefully the current administration can at least slow the process down.
The Jays play the opening game against The Mariners on Sunday night at 8:00 pm for The American league division title. Toronto will clobber Seattle. DT 😊🤣😍
How is that the very fabric of the global financial is usually spoken in terms of America falling apart. Sure I understand the dynamic that’s been going on since the 70″s but gee whiz Canada! This is a global Phenomena not just a USA issue. yes i’m an American but please! RR
Quarterly gold priced in CPI broke out a year ago and still has a long way to go…
https://schrts.co/SBDtkgui
GLD gapped up big vs SPY this week…
https://schrts.co/zkrBRvnZ
Yesterday brought the second highest close of the year for GLD:DIA…
https://schrts.co/kiiEricU
Bitcoin is freshly ugly just like stocks because it is perfectly correlated to the Nasdaq. https://schrts.co/RJkAKAwu
BC looks worse against gold.
https://schrts.co/KMacVnwy
The Nasdaq 100 topped where it should have. Next week could be a bad one for all stocks. Among the gold/silver miners, the most vulnerable are probably the most widely held, NYSE listed stocks as they will get sold to satisfy margin calls due to falling conventional stocks.
https://schrts.co/hcwdBtpp
The Nasdaq 100 vs Gold has fallen almost 50% since topping 4 years ago and it’s far from over…
https://schrts.co/zXbGwguy
GDX:NYSE broke out less than 2 weeks ago and is extremely overbought but I still think the breakout is safe.
https://schrts.co/paNYSQYb
Many months ago I said that Silver:Copper would not top where it did in 2016 and 2020 and it did not. It broke out and is well above those two previous highs. This, btw, is evidence that silver is money first and foremost. In a gold bull, its industrial component, if anything, just adds to its volatility and its lagging behind gold.
https://schrts.co/dpxNBnek
Daily Silver:Copper has been a picture of strength for the last 3 months and yesterday took back the fork that it lost last December.
https://schrts.co/BhCvhUjy
Silver:Copper is at 10 and probably heading for 15 before it stalls meaningfully.
https://schrts.co/DTnwZRsN
Silver:CRB is once again above its 1980 blowoff top.
https://schrts.co/qqCiFume
Silver:GNX breakout…
https://schrts.co/ATQKQEFS
I posted this Silver:Dow chart at the backtest (green arrow):
https://schrts.co/RnnMEGbt
Just the beginning for Silver:SPX…
https://schrts.co/rGVjfaqY
Who would’ve thought that silver would rate a “buy” at $50?
Nelson and Bunker Hunt.
Silver hasn’t been this strong against oil in over 5 years.
https://schrts.co/bayaTFFi
Great charts, thank you for posting!
Thanks and you’re welcome.
Get a load of this; relative to the 25 month moving average, silver would have top $56 this month just to match the 2020 high…
https://schrts.co/rJBvjfze
Silver:Gold is just getting started. It hasn’t reached last year’s high let alone its 2021 high.
https://schrts.co/vpkCmjka
Some might remember that my target for silver this year was “around $60”. It doesn’t seem so far fetched now but I also said that it wouldn’t surprise me if it went much higher than that.
https://schrts.co/CqIakbKt
Wow, Matthew, you’ve been very busy. Thanks for sharing your analysis.
Have you hit a spot where you’ve been a heavy seller, or are you generally holding over a longer view?
Ditto.. enjoy Matthew’s posts
Probably read every one going back years
Also the same with DT
Nice to see GlenF. Back
Canuckski, I have sold somewhat heavily for opportunistic reasons but am not building cash at all. The proceeds from all sales were redeployed into other plays within the sector. The most recent sales were HL and CDE (yesterday and the day before and I still own plenty of both) and the most recent purchases were IPT and DEF. I have more than replaced the IPT shares that I sold and intend to fully replace the KTN shares that I sold. Almost forgot, I also bought some PSLV yesterday. The discount to NAV is appealing at -3.75%.
I am also still putting new cash to work in the sector from time to time.
Btw, remember this? USAS was $2.73 at the time and hit $4.48 on Thursday…
Matthew
Aug 31, 2025
Canuckski, USAS looks like it’s going higher immediately, probably a lot higher.
https://schrts.co/meEIHepJ
Okay I am convinced. Sold my Jiangxi Copper yesterday for a nice gain and may switch back to silver
Here’s a quarterly chart with a fork based on the 1971 low of $1.27 and the 1980 high of $49.45. Stockcharts will likely hide that portion of the chart from non subscribers but you should be able to see that silver is breaking out of that fork.
https://schrts.co/JxUKsjKI
Welp, that was a quick correction in everything bubble…
We have seen a relentless credit expansion since the Greenspan years. The course of stocks always depends almost entirely on the money situation.
What is the mood of the public? This from The Citizen Watch Report! “The American debt machine is breaking: defaults surge across car loans, credit cards, and mortgages as the illusion of stability collapses in real time.”
Just like an Ostrich which buries it’s head in the sand, the public is totally fixated on their phones, unable to grasp reality, constantly being bombarded by subliminal thoughts and messages that have rewired their brains.
And The financial community? They are aware but because they have a vested interest to keep the avalanche of money ever growing, they are not likely to be negative about what is happening in the economy. Even Moody’s has been surprisingly quiet these days. To even suggest that the prosperity bandwagon might not be the promised land would be suicidal as well for the business community.
So life goes on because it is so easy to watch all manner of dubious financial practices as long as stock prices rise. DT