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Weekend Show – Brien Lundin & Dan Steffens – Metal Sell-Offs to Energy Supply Shocks: Gold, Silver, Oil and Nat Gas

Cory
March 28, 2026

 

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.

 

 

 

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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.

 


Brien Lundin
Dan Steffens
Discussion
11 Comments
    14 hours ago

    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/

    Reply
      12 hours ago

      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

      Reply
        11 hours ago

        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.

        Reply
          BDC
          11 hours ago

          Exactly! Every significant future event is 50/50.
          Even 100:1, that could be the One. BDC

          Reply
          BDC
          11 hours ago

          https://www.tradingview.com/x/fpt6MEnY/
          SILVER : Sideways For The Now?

          Reply
          11 hours ago

          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

          Reply
            9 hours ago

            Thanks for the TED Talk nobody asked for.

            7 hours ago

            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

    BDC
    11 hours ago

    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

    Reply
      11 hours ago

      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

      Reply
    BDC
    9 hours ago

    https://www.tradingview.com/x/dGRowNe6/
    BITCOIN : Fractal Expander Exit

    Reply

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