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Gold Drops Every Time Warsh Speaks, Then Buyers Bring It Back | Brien Lundin
Gold Drops Every Time Warsh Speaks, Then Buyers Bring It Back | Brien Lundin
At $4,400 gold, almost every mining project looks better. Brien Lundin says that may be exactly what makes this market dangerous. Lundin joins Kitco News anchor Jeremy Szafron to explain why soaring gold prices are reviving previously uneconomic deposits, attracting money back into junior miners and transforming the balance sheets of major gold producers. But high prices can also conceal weak projects, excessive dilution and risks investors may not see until the cycle turns. Lundin lays out...