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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 led the bullion market in rate direction, and also now, the equities are suggesting a rebound in price is underway, claimed Pierre Lassonde, chairman emeritus of Franco-Nevada.

" Now, there is a little bit of an inconsistency and also it began concerning last week where actually 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 certain point in the cycle where the equities are informing the bullion market that maybe there's a turn coming," Lassonde claimed.

0:00 – Gold rate rebound?
1:46 – Bitcoin vs gold
2:50 – Gold equities leading the bullion
5:48 – Gold sentiment
7:12 – Mergers and also 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.