Brien Lundin: Gold to be Last Asset Standing, Price Outlook for End of Cycle

Speaking to the Investing News Network, Brien Lundin, editor of Gold Newsletter, explained what factors kicked off gold’s price run earlier in 2024, and what could drive it even higher as the year continues.

He also shared his thoughts on why gold stocks haven’t yet moved as much as investors might have hoped.

“When you would have expected (gold) to maybe drop a couple hundred dollars if the (US Federal Reserve) pivot was being postponed — instead we’re about US$300 higher,” he said on the sidelines of the Rule Symposium.

“So we’re going to hopefully take off with that big new factor from a much higher price level.”

Watch the interview for more from Lundin on gold and gold stocks, as well as silver.

You can also click here to view the Investing News Network’s Rule Symposium playlist on YouTube. Recorded presentations from the Rule Symposium are available here.

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Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.

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