Historically, the gold miners have led the bullion market in price direction, and right now, the equities are suggesting a rebound in price is underway, said Pierre Lassonde, chairman emeritus of Franco-Nevada.
“Right now, there is a bit of a discrepancy and it started about last week where in fact the gold equities are up when the gold bullion is down, so I’m kind of wondering whether or not we’re right at this particular point in the cycle where the equities are telling the bullion market that maybe there’s a turn coming,” Lassonde said.
0:00 – Gold price rebound?
1:46 – Bitcoin vs gold
2:50 – Gold equities leading the bullion
5:48 – Gold sentiment
7:12 – Mergers and acquisitions
11:51 – Gold bullion vs miners
14:20 – Silver squeeze
17:11- Junior miners
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