Weekend Show – Brien Lundin & Dan Steffens – Metal Sell-Offs to Energy Supply Shocks: Gold, Silver, Oil and Nat Gas
This Weekend’s Show explores a stark contrast in the resource sector: a “volatility blowout” in precious metals driven by shifting Fed expectations and Western speculation, set against a backdrop of tightening global energy supplies. Guests Brien Lundin and Dan Steffens dive into why current price drops in gold and silver may be a classic “snapback” opportunity, while the oil market faces a legitimate physical deficit that the forward curve has yet to fully price in.
- Segment 1 & 2 – Kicking off the show Brien Lundin, editor of the Gold Newsletter and host of the New Orleans Investment Conference, shares his insights on the current state of the precious metals market, explaining that recent volatility and sell-offs are largely driven by shifting expectations of Federal Reserve policy in response to an oil price spike and persistent inflation. Brien remains fundamentally bullish, viewing the downturn as a prime buying opportunity for high-quality major and junior mining stocks, particularly as the sector remains well-capitalized for extensive exploration programs in 2026.
- Click here to learn more about the Gold Newsletter. – https://goldnewsletter.com/
- Click here to learn more about the New Orleans Investment Conference on October 28-31.
- Segment 3 & 4 – In this segment of the KEE Report, Dan Steffens, President of the Energy Prospectus Group, discusses the current state of the oil and energy sector in light of the ongoing conflict between Israel and Iran. Steffens highlights the impact of the Strait of Hormuz closure on oil supply, provides insights into future oil and natural gas price trends, and identifies specific energy stocks and special situation investment opportunities.
- Click here to visit the Energy Prospectus Group website for more energy market and stock analysis – http://www.energyprospectus.com/
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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 or investment product. Investing in equities, commodities, really everything involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.
If all you do is read charts and/or follow sentiment you will lose because the market is much smarter than you are. You must not let your hubris think that you can predict this market, the market leads where it wants to go, you must follow it if you want to be a successful trader. DT
Yup. Charts are not be all and end all but mere a tool for probabilities, not prophecy. But they provide a context and broader macro for direction. When you have 90% of the retail folks singing the same tune you better look at the opposite side.
Exactly! Every significant future event is 50/50.
Even 100:1, that could be the One. BDC
https://www.tradingview.com/x/fpt6MEnY/
SILVER : Sideways For The Now?
Because you read charts does not mean you are looking at the other side or any side for that matter because you are interpreting through your particular lens and all humans are flawed in their perceptions and don’t want to admit it that is why 95% lose their money. Let the market be your guide.
Traders money is stolen by professional investors that have for more tools at their disposal than you do and institutional capital. DT
Thanks for the TED Talk nobody asked for.
CaliJoe, you are welcome, but I know you didn’t appreciate hearing that! You shouldn’t express your ideas if you don’t want to be challenged. Playing the markets isn’t about one’s ego. It is a cold ruthless business that involves money. If you don’t get that you never will. DT
Says the guy who plays penny stocks Ha. Dropping unsolicited TED Talks on ‘cold ruthless business’ is peak comedy. You didn’t say anything new btw, If a little pushback makes you clutch your pearls, maybe the ruthless part isn’t the market… it’s having your assumptions gently questioned. Markets don’t care about feelings—yours or mine. They care about being right. I’ll keep swinging. You do you.
Thanks for agreeing with me. You just reiterated what I told you. LOL! DT 🤣🤣🤣
Enjoy your toddler-level victory laps. Btw what’s up with emoji’s? Like a clown high-fiving himself in the mirror.
BTW, You are funny, do you like Garry Shandling! LOL! DT
Extremism in fuel efficiency regulation has led directly to massive engine failures throughout the auto industry due to induced designs which are unrealistic, including such ridiculous ideas as broad usage of 0 Weight Oil (so stupid that it must have been planned)! BDC
Another dumb idea are hybrid cars just ask the mechanics who fix them and the owners who must pay for that maintenance. Two systems in one set-up are double trouble and that will come with the same ratio of costs. DT
https://www.tradingview.com/x/dGRowNe6/
BITCOIN : Fractal Expander Exit
On February 11th Bitcoin entered a small beginning Expander which completed on the 24th. A small closing Expander began on March 19th and closed on Friday, March 27th. The entire sequence comprises an incomplete large Expander, a Fractal. This may or may not complete to the downside (4hr). BDC
From Impact Silver’s November 27/25 third quarter earnings report: “Subsequent to the end of September, extraordinary rains flooded certain areas of the mine and damaged a number of the access roads at Plamosas. No equipment was lost and all personnel were safe but production was interrupted for a number of days.”
I’ve been watching for updates since then but not a mention of this from the company–not even in the recently announced production halt at Plamosas.
And I was looking forward to the Q4 earnings report to see if the company had turned the corner into profitability…which may yet be…but it’s just not a good look.
https://www.fibonomics.com/2025/03/american-dollar-gold-backing.html
Fractional Reserve Gold will change its status.
Using FOMC rates to adjust the money supply is clumsy.
Adjusting the Fractional Rate will work immediately, if enabled. BDC
An Interesting company Northisle Copper and Gold Inc. (NCX.V) located on the northern part of Vancouver Island British Columbia near Port Hardy has just raised $115 million CDN by way of a PP. That is important because we could soon be seeing a liquidity crunch. There were no warrants attached to this listing. The raise was done at $3.05 per common share and the stock is now selling for $2.68.
The North Island Project is 100% owned by Northisle and has 3.1 billion pounds of copper in the indicated category, and 6.9 million ounces of Gold also in the indicated category. There are 50km of unexplored area surrounding this porphyry. BHP just closed down a processing mill that was 50 km. away. DT
Opportunities For Outperformance In The Small and Mid-tier PM Producers (Part 1)
Excelsior Prosperity w/ Shad Marquitz (03-29-2026)
https://excelsiorprosperity.substack.com/p/opportunities-for-outperformance
Thanks Ex. Great analysis as usual!
There’s going to be one more push for mining equities higher but looks like January high in Silver was “the peak” and it will take several years to revisit that level. I won’t be surprised if silver goes below $50 or even in 30’s. Looks at this hellacious doji
https://www.tradingview.com/x/ZvPiTkmk/