As if flash crashes in gold weren’t stressful enough, fate had to add a hurricane to the mix.

September 1, 2021

Dear Fellow Investor,

A weather nightmare on Sunday as Hurricane Ida hit Louisiana morphed for me into a three-day logistical nightmare of cleaning out fridges and freezers in homes that won’t have power for weeks, and transporting the freezers full of food to locales that survived with power intact.

So you’ll hopefully forgive me for an uncharacteristically brief report today.

In the midst of the melee of the past few days, I managed to keep rough track of the markets, enough to see that gold has maintained its recent gains and successfully fought back a few bear attacks.

At least for now, it seems to be finding reasons to hold strong or rise, which is the key hallmark of a bull market in my opinion.

I continue to look at this month’s Fed meeting, concluding on the 22nd, as a potential launching pad for gold’s next rally. Judging from the Fed’s recent trial balloons, that meeting should provide a timeline for the central bank to begin tapering QE.

It’s prepared the markets well for the event, so I don’t expect an adverse reaction from the broader equity or bond markets, or the metals. In fact, the certainty of this first effort toward tightening could release the selling pressure on gold and, as in 2015, mark the beginning of an extended upswing.

Another potential catalyst for gold — to the better or the worse — could come this Friday with the August nonfarm payrolls number.

As usual, the near term for gold is the most unclear. Far more certain are the long-term prospects for the metals, and those are remarkably bullish.

In that regard, I’d point you to two recent long-form interviews I’ve participated in that fully cover my long-term view on the economy and the metals.

• The first is our Gold Newsletter podcast with Lyn Alden, a brilliant analyst who I’ve been featuring in our content and conferences whenever possible over the past couple of years. More importantly, Lyn fully explains — with the authority that her insight and intelligence commands — her views.

• The second is a recent, two-part interview I conducted with my friend Adam Taggart’s Wealthion YouTube channel. Adam is one of the best interviewers I’ve ever talked with, and our hour-long talk covered all of the drivers for the metals, as well as key strategies for investing in the sector.

I urge you to click on the links above and view these fascinating conversations. In the meantime, I’m going to get back to work getting our September issue of Gold Newsletter out (it’s featuring an exciting new recommendation this month).

All the best,

Brien Lundin
Editor, Gold Newsletter
CEO, the New Orleans Investment Conference