Brien Lundin – Making Sense Of Yesterday’s Everything Rebound
Yesterday was a nice reprieve for investors after as most sectors bounced after weeks of downward action. There was a lot of weaker US economic data as well as action from the Peoples Bank Of China that may have contributed to the bounce.
Brien Lundin, our Host at the New Orleans Investment Conference joins us to focus on yesterday’s rebound in gold and gold stocks. The gold stock ETFs (GDX and GDXJ) both had nice up moves on higher volume. We have Brien share his thoughts on the main drivers behind the rebound and what needs to happen to sustain an uptrend. We also ask about the types of stocks that will lead a rebound in PMs and have the best upside.
Click here to learn more about the New Orleans Investment Conference and to register.
The week’s not over but this is an interesting close for NVDA:
https://stockcharts.com/h-sc/ui?s=NVDA&p=W&yr=3&mn=7&dy=0&id=p05418837036&a=1441148417
MSFT opened at its high and closed at its low today…
https://stockcharts.com/h-sc/ui?s=MSFT&p=D&yr=0&mn=9&dy=0&id=p38911616063&a=1438892878
Fugly month so far for ARKK…
https://stockcharts.com/h-sc/ui?s=ARKK&p=M&yr=11&mn=0&dy=0&id=p41008079727&a=1155034785&r=1692910597698&cmd=print
(IAUX) (IAU) i-80 Gold Announces High-Grade Results from Drilling at Ruby Hill
Blackjack Zone – 19.14 % Zn, 0.4 g/t Au & 29.2 g/t Ag over 30.4 m
East Hilltop Zone – 20.8 % Zn & 15.0 g/t Ag over 11.6 m and 235.5 g/t Ag, 5.7 % Pb, & 7.0 % Zn over 14.0 m
24 Aug 2023
“Drilling at Ruby Hill continues to return results that confirm the Property’s capability to be a flagship asset for i-80 with high-grade polymetallic base metal mineralization occurring immediately adjacent to the high‑grade Ruby Deeps gold deposit.”, stated Tyler Hill, Chief Geologist of i-80. “Our drill program demonstrates significant potential to expand mineralization with all zones open for expansion and multiple high-priority anomalies identified from geophysical surveys remain untested.”
https://www.i80gold.com/i-80-gold-announces-high-grade-results-from-drilling-at-ruby-hill/
I am getting warnings that Kereport license has expired and it is unsafe. I don’t believe that it is as my phone does not have the same issue. Just asking if I am the only one that is having this problem durning the Powell speech.
I got the same warning on my phone. Interviews wouldn’t open on my iPad, but everything worked on my Chinese tablet.
Somehow attacking posters on the Kereport doesn’t seem to rise to the level of importance that having ongoing threats of nuclear war from insane autocrats. Hopefully more understanding of important matters enters their lives.
Dollar pop gave chance for GAP fills from initial pops in miner indexes…glta
will it hold…no idea
Hit green for 1 minute and taken red again. (I am still getting security warnings about kereport????)
Here’s a silver chart that is pleasant to ponder……………Mmmmmm
https://kimblechartingsolutions.com/2023/08/silver-breakout-coming-fibonacci-price-targets-to-consider/