Brien Lundin: Gold Is Bottoming And About To Soar

Headline context

Based on the title and feed metadata; full article text was unavailable.

Brien Lundin says gold’s recent pullback is a normal correction inside an ongoing bull market, with the latest weakness tied to temporary Fed-tightening fears, oil-driven inflation concerns, and weak summer seasonality. He argues the metal is “bottoming” near the $4,000 area and sees the correction as setting up the next buying window rather than signaling a trend break. The bullish case rests on a macro backdrop of higher long-end yields, which Lundin interprets as reflecting debt stress and currency-debasement concerns rather than a cleanly hawkish growth story. He also points to ongoing central bank buying as a structural support for gold, and says any move toward an equity correction — particularly if the AI-led stock rally stumbles — could drive another strong leg of demand back into bullion. Lundin is also constructive on silver and mining stocks, implying silver could outperform gold later in the cycle. Near term, the key risk to his view is that gold remains stuck in a consolidation phase if real yields stay firm and equities keep absorbing risk capital; the main upside catalyst would be a Fed pivot back toward easing or a sharper risk-off move in broader markets.