Brien Lundin: Use Cash and Courage to Play the Market Right Now

TL;DR

Gold might be in a downtrend, but there is potential for a late summer rise of 10%, creating a great risk-reward dynamic for investors. Copper, zinc, and uranium also present opportunities.

Transcript

I'm Charlotte McLeod with the investi news network and here today with me is Bryan lund an editor of gold newsletter thanks so much for joining me today great to be a few Charlotte yeah it's great I believe last time we spoke at least in person was at PDAC yep we're talking about gold how have we seen gold perform since then it's not doing well rig... Read More

Key Insights

• 😮 Gold's current performance might not be as bad as it seems, with a late summer rise expected, creating potential gains.
• 🏅 Junior companies with significant gold and silver resources could see dramatic increases in their stock prices if the gold rally occurs.
• 🫱 Copper and zinc, affected by trade war rhetoric, present buying opportunities as the political situation resolves.
• ✋ Uranium could see a dual pricing market, with higher premiums for US production due to potential preferred quotas.

Questions & Answers

Q: Is this a good time to invest in gold?

Despite the current downtrend, the late summer rise of 10% provides a favorable risk-reward dynamic. Buying at the current lows could result in significant gains for investors in the next three to six months.

Q: Which junior companies are worth considering for investment?

Companies like Almaden, Maple Gold Mines, and GoldMining have large-scale resources and potential to attract attention from major players in the future, making them attractive investment options.

Q: How are copper and zinc affected by the trade war?

Copper and zinc prices have dropped due to trade war rhetoric, creating a temporary buying opportunity. Once the trade wars resolve, these base metals are expected to rebound strongly.

Q: Are there investment opportunities in other commodities?

Uranium presents an opportunity, as the US is considering implementing quotas for domestic uranium production. Companies like Energy Fuels and UEC could benefit from the higher premium prices for US production.

Summary & Key Takeaways

• Gold has experienced ups and downs this year, but a typical late summer rise of 10% is expected, presenting a potential upside for investors.

• Junior companies with large-scale identified gold and silver resources may see gains of 100% or more if the gold price rallies from its current lows.

• Copper and zinc prices have temporarily dropped due to trade war rhetoric, creating a buying opportunity. The same applies to copper and zinc plays.

• Uranium might see a dual pricing market, with premium prices for US production due to preferred quotas, benefiting companies like Energy Fuels and UEC.