Connect with us

Hi, what are you looking for?

Investing

Brien Lundin: Mining Stocks at Turning Point, Biggest Opportunity Since 1999

Ahead of the New Orleans Investment Conference, which is scheduled to run from November 1 to 4, Brien Lundin, editor of Gold Newsletter, discussed sentiment in the gold sector and factors driving the precious metal.

Speaking about the ongoing Israel-Hamas war, he said that during this type of turbulence gold tends to experience a brief price spike that then subsides. However, it’s possible that this conflict might have a longer-lasting effect on the metal.

For that reason and others he thinks resource stocks may be approaching a turnaround.

‘I think this is really a crucial point in the mining and metals markets,’ Lundin explained during the conversation. ‘I think it’s a generational opportunity — I have not seen an opportunity like this since 1999 and 2000.’

Click here to learn more about the New Orleans Investment Conference.

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

This post appeared first on investingnews.com

Enter Your Information Below To Receive Free Trading Ideas, Latest News And Articles.






    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    You May Also Like

    Latest News

    Kim Jong Un attended a “paramilitary parade” with his daughter to mark the 75th anniversary of North Korea’s founding on Saturday, the country’s state...

    Stock

    Target said Tuesday that it will close nine stores in major cities across the country, citing violence, theft and organized retail crime. The company will...

    Investing

    Cybercrimes are a growing problem for individuals, businesses and governments alike. Still, many people continue to ask the question, “Why is cybersecurity important?” For...

    Economy

    A U.S. District Court judge Thursday blocked implementation of a new Idaho law that would prevent transgender students from using restrooms, locker rooms and...

    Disclaimer: aimyourdeals.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Copyright © 2023 aimyourdeals.com