The Fed has essentially announced that it’s going to pause next week. Here’s what that will mean for gold, and what you need to do about it.

June 5, 2023

Dear Fellow Investor,

In this month’s just-released issue of Gold Newsletter, I explained how gold bugs have been forced to ride successive waves of sentiment as we approach the Fed’s inevitable rate-hike pause.

For example, we had been in a trough over the past few weeks as economic data has turned more positive and official rhetoric has shifted more hawkish. So the gold price has suffered as a result.

But I’ve also been telling readers that I expected the consensus view to shift back toward a pause on June 14th because the Fed doesn’t like to surprise the markets. Thus, Powell & Co. would soon begin signaling their intent to take a break from the rate hikes.

Those signals are going out now. As our friend Peter Boockvar reported last week...

“We now have our first Fed Governor and likely next Vice Chair that is hinting at a June pause in hiking rates. Philip Jefferson said ‘skipping a rate hike at a coming meeting would allow the Committee to see more data before making decisions about the extent of additional policy firming.’”

If you don’t believe this type of messaging is coordinated, consider that Philadelphia Fed President Patrick Harker quickly added his voice to the choir, noting that “I am in the camp increasingly coming into this meeting thinking that we really should skip.”

Added to this bullish factor is the debt deal that was pushed through Congress. I was very cynical as to how much the political theater behind this latest debt ceiling “crisis” was really affecting the markets.

But there’s no doubt that the resolution of the issue will have a big effect, by unleashing a flood of new Treasury issuance of Biblical proportions.

Add in all that new money, a pause from the Fed and the fact that inflation remains persistently high...and the result is a powerfully bullish recipe for gold.

If you’re an experienced metals and mining investor, you’re aware of what this will mean for well-positioned junior mining stocks.

In past bull markets, we’ve seen the best of these stocks quickly multiply in value.

But this next bull run will be even more explosive...because the junior mining share market is full of high-quality companies that are now selling at rock-bottom levels.

In our just released June issue of Gold Newsletter, I explain why the Fed will soon pause...show how this will affect gold and silver...and update our readers on the exciting developments among the companies in our portfolio.

Importantly, I also unveil two remarkable new recommendations in this issue:

• The first is a company that has gained control of a vast swath of exploration and development licenses for critical minerals deposits in a new mining frontier.

But this isn’t a typical exploration and development story: This tiny company is already producing two key metals and has major producers hounding them for deals. If they sign one of these big companies up, the value of this stock could immediately explode higher.

(Note: This company is still essentially unknown — you won’t hear about it in any other newsletter!)

• My second pick this month is a company with nearly a billion pounds of copper and a million ounces of gold...but with the market value of a grass-roots exploration play.

However, the most valuable resource this still-cheap company may offer is its management team. Frankly, it’s among the most successful in the mining industry.

This company is dramatically undervalued, but that isn’t likely to last long. The drills are about to turn on three high-grade areas, and the upcoming results could catapult the share price.

So between the Fed’s upcoming pause and the lit fuses on these exciting new stock recommendations, it’s urgent that you act now to get positioned for this new gold and silver rally.

However, you’re going to be hamstrung if you’re not a subscriber to Gold Newsletter.

This is where I cover all the macro and market developments affecting the metals and mining shares...and reveal my most exciting new stock picks.

Our just-issued June issue does all of the above. And with the Fed poised to pause, my two new stock recommendations are particularly urgent.

The clock is ticking...so I urge you to click on the link below right now to instantly receive our June issue of Gold Newsletter, hot off the digital press!

All the best,

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