Brien Lundin – Gold At All Time Highs, Optionality Plays Should Now Be Back In Play
Brien Lundin, Editor of The Gold Newsletter and our host at the New Orleans Investment Conference joins me to discuss gold’s new all time high and the opportunity he sees in the optionally gold stocks.
We explore the concept of optionality plays – investments in companies with significant gold resources that have now become economically viable due to the higher gold prices. Brien provides insights on what makes certain projects attractive, such as having resources above 2-5 million ounces and internal rates of return (“IRR”) exceeding 25%.
Click here to learn more about the New Orleans Investment Conference on November 20-23.
Look it is just this simple if inflation wasn’t the ultimate menace don’t you think The Federal Reserve would be honest in reporting the true inflation numbers. DT
There is NO WAY THE STINKING FAKE FED….should even exist….
FAKE FED……..FAKE NUMBERS FOR INFLATION….
Been that way for decades….. what a JOKE…
I stopped listening to that crap… when Greenspin… had that FAKE BRIEFCASE watch indicator on
CNBC …….lol
Where is Ron Insana today….
DT – I also believe inflation is a menace, and have been saying the last 2 years that it will be stickier for longer than most were anticipating when they were saying it was “transitory” back in 2022 and would just be around a few months.
So, if there is going to be more inflation, (the result of even more fiscal spending and monetary easing), then isn’t it likely that inflation will show up in the prices of hard assets, and thus commodities, moving higher? Expecting higher inflation bodes well for a lower US dollar and and it taking more of them to purchase commodities = higher prices.
The last thing consumers need are higher commodity prices they already can’t afford the necessities of life. If commodity prices start going higher that will really shut business down who is going to be able to afford to buy things priced higher than they already are. The rich have all they need the 1% can only use so much stuff, the middle class is gone more inflation will spell a death blow to this economy, commodity prices will start failing with no consumer to buy them. The end result is there is no way out of this dilemma except through disaster. DT
Ditto DT………….
“the last thing, the Sheeple need is inflation”…
Agreed 100% DT, but the point wasn’t what consumers or businesses need or would prefer… it was that if inflation is persistent, and if the governments of the world keep creating more money through fiscal spending and the central banks create more magical money from nowhere through monetary loosening, then higher inflation will naturally filter into higher prices in raw materials and commodities. Sure the commodities may take it on the chin initially in a recessionary backdrop, but the extremely constrained mine supply of the commodities, paired with rising inflation, will likely equate to rising commodities over time.
Some movement in my bottom-of-the- barrel-price-suppressed-naked-shorted-intervened-manipulated explorers but account capped with on-going alternating days algos. Not sure what all the hoopla is about concerning the price of gold. Now silver is another matter but not necessarily mind altering as there is nothing good about it at these prices. Things may be on the verge of improving but Wall Street still being bailed out and not in jail. So based on that, We will know a good metals market when We actually see one. Proof is in the current price. Still range bound and at the lower end.
First Majestic … $5…. earnings stink….
Hi Jerry, The Magnificent Seven lost collectively $282 billion today although 2 stocks were up. Very soon we will see $1 Trillion losses in one day. This is a market gone wild it is whipsawing back and forth. When they get a $1 Trillion loss for one day does anyone think The Fed can print $1 trillion and backstop this market of course they can but it is all make believe.
We have 256 Hooverville tent encampments in Toronto, that should tell anyone that we are in a Depression! DT
Ditto DT………… we have been in a depression for some time now….
The entire world is running in a depressing state of affairs….
Ukraine, and Israel are top runners for the depressing state of affairs of the common man…
Elites(greedy for gain) and politicians(more wicked , because they go alone with the lies) need to be held accountable for the destruction of life… JMO
Agreed OOTB. First Majestic has been underperforming most of it’s peers for the last couple of years, and has had a series of operational challenges. I’ve not owned AG in 8 years, since 2016, even though I’ve had around 20 silver stock positions for a long time. Thankfully so, because quite often it has lagged on the upward moves compared to other companies, and the whole acquisition of Jarritt Canyon didn’t go well, and became a further value drag on the company. Hopefully they can get it figured out and back into production with these higher PM prices. Keith N. seems like an interesting guy, and I resonate with some of his perspectives on the precious metals industry and wish their team success. Hopefully they can get things back on track and capitalize on these higher metals prices.
DItto EX………. Hoping they can get on track…..
Hoovervilles and Homelessness: Cheers! DT
Thanks for the history lesson…..
https://www.tradingview.com/x/UK44nxlf/
The current ‘NatGas Line’.
FREAKY FRIDAY AGAIN…………….. Aug 2………….
https://www.tradingview.com/x/Q4G1Ku7X/
Early Dollar, post NFP.
https://www.tradingview.com/x/s8jPSgHo/
The Dollar may have bottomed.
https://www.tradingview.com/x/3gCmOps4/
The Expander bottom may be in.
BackBox(38.2%) too.
https://www.tradingview.com/x/nZ1trCi4/
Current Spot Gold.
Popping up against those all time highs…… not even close to what should be real time highs…
All you have to do is look at the usdebt clock. org…
Jerry – The Spot high of 2484 is being tested.
Futures are less accurate (contract changes).
https://www.tradingview.com/x/L9ba8H1e/
Noon GOLD.
Thanks BDC….
Glad to help. TradingView is a great tool.
Awaiting a volume bottom on GDX.
The after market slam,
well above day low,
is inconclusive.
Intel, INTC, biggest drop since the 2001 bubble, good luck to investing in it…
NVDIA gave up $7.81 almost all of what it gained yesterday. The market is anything but stable up and down. Time and again the wolf shows up at the door and then retreats a little. It’s like The Federal Reserve they express fear of inflation, but they don’t use realistic numbers to predict how bad inflation is. They know the sheep are getting sheared by their policies, but they don’t care as they have little to do with the sheared sheep. We’re not commodities holding to reasonable levels.
The really sensational advances are not being made by shares of solidly and conservatively managed companies. I remain a skeptic because inflation is a menace and the ultimate menace. Inflation means rates are going higher it’s a good thing that the physicians in Washington won’t let the public know how bad inflation really is especially in an election year. More investors will join my way of thinking as this economy slides further down the rabbit hole. I am not in Ex’s camp, the camp that thinks that commodities are going higher. Now DT you should just behave and tell the investors what they want to hear. LOL! DT