Brien Lundin
Brien Lundin Articles
After a rollicking spring rally, gold has settled into a trading range that seems typical for a summertime slowdown. One indicator is now pointing toward a big surprise soon, however.
I’ve covered the gold market and talked about it to investors and media for the better part of 40 years, but I’ve never recommended the metal as urgently as I am now. There are three simple and compelling reasons: Debt…debt…and more debt.
As we predicted, Jerome Powell threw a bucket of cold water on gold and the rest of the markets, and we’re now experiencing sell-offs as expectations reset.
We’ve seen this movie before.Most notably, it occurred in April of 2013, when high-frequency traders (HFTs) pocketed a billion or so dollars by taking the gold price down more than $250 over the course of two trading sessions.They did it...
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