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Is gold about to rebound? Pierre Lassonde on Bitcoin ‘mania’ and silver squeeze impact

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Historically, the gold miners have actually led the bullion market in price instructions, and also now, the equities are suggesting a rebound in rate is underway, stated Pierre Lassonde, chairman emeritus of Franco-Nevada.

" Today, there is a little an inconsistency as well as it began about last week where as a matter of fact the gold equities are up when the gold bullion is down, so I'm type of wondering whether we're right at this particular factor in the cycle where the equities are telling the bullion market that maybe there's a turn coming," Lassonde claimed.

0:00 – Gold price rebound?
1:46 – Bitcoin vs gold
2:50 – Gold equities leading the bullion
5:48 – Gold belief
7:12 – Mergers as well as purchases
11:51 – Gold bullion vs miners
14:20 – Silver squeeze
17:11- Junior miners
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Is gold about to rebound? Pierre Lassonde on Bitcoin ‘mania’ and silver squeeze impact

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
__________________________________________________________________
Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions.

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Disclaimer: Videos are not trading advice and the views expressed may not reflect those of Kitco Metals Inc.