Brien Lundin: Physical Gold Demand Very Strong From Non G7 Central Banks & Asian Retail Investors

Wall St. For Main St., Released on 2/5/25

During this 40+ minute interview, Jason asks Brien to talk about gold’s relative strength despite US Dollar relative strength and a huge (30% to 50% in most cases) divergence between the US Dollar gold price and the valuation of many producing gold mining stocks with solid profit margins and free cash flow. Brien talks about Newmont Mining selling off assets and how some producing mid-tier gold miners seem to have gotten good deals buying those assets from Newmont. Brien also talks about mergers and acquisitions in the gold space. He thinks that senior miners and mid-tier producers with good profit margins and free cash flow will do JV deals or smaller equity investments first into more drill programs for juniors. Brien likes the 6 senior and mid-tier precious metals royalty and streaming companies along with mid-tier gold miners that have free cash flow now. Brien also names a few juniors with good projects and talks about smaller royalty companies like Vox Royalty or a prospect generator and royalty hybrid company like EMX Royalty. Brien thinks that the US (for at least the next few years) will have a mining approval and construction boom of copper and gold projects in states like Arizona or Alaska and that Argentina is now a great country for miners to invest.

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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.

Jason Burack is an investor, entrepreneur, financial historian, Austrian School economist, and contrarian. Jason co-founded the startup financial education company Wall St for Main St, LLC, to try to help the people of Main Street by teaching them the knowledge, skills, research methods, and investing expertise of Wall Street. You can also find Jason’s work at his blog website at www.jasonburack.com.

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