Investing News, Released on 3/6/23 (Recorded on 3/5/23)
Brien Lundin of Gold Newsletter discusses the factors driving gold and shares where he sees the price going in 2023. He also explains that he’s “fully invested” in mining stocks. “This is the time. The next couple of months, the next few months, I think is when the window will still be open, but it’s going to close pretty quickly after that,” he said on the sidelines of this year’s Prospectors & Developers Association of Canada convention.
0:00 – Intro
0:26 – Gold’s performance in 2023
3:24 – What will the Fed do next?
6:17 – What gold needs to move up
9:24 – Bank derivative exposure
13:24 – Gold price outlook this year
14:44 – Key silver demand factors
16:38 – “I’m all in” on mining stocks
19:27 – Still time to buy juniors
20:32 – Outro
Brien Lundin serves as president and CEO of Jefferson Financial, Inc., a highly regarded producer of investment-oriented events and publisher of investment newsletters and special reports. Under the Jefferson Financial umbrella, Mr. Lundin serves as publisher and editor of Gold Newsletter, the publication that has been the cornerstone of precious metals advisories since 1971, and as the host of the annual New Orleans Investment Conference, the oldest and most respected investment event of its kind. In addition to his responsibilities with Jefferson Financial, Mr. Lundin is an active investor and speculator in the mining and technology sectors.