Brien Lundin's junior stock picks in late 2014
By GCRU Gold News on Tuesday, September 16 2014, 13:33 - Permalink
While I don't see a near-term, fundamental driver to push the market higher in the very near future, there are some factors that I think will push the junior resource stocks and the metals higher this fall. So your real buying opportunity is probably over the next couple of weeks.
All of the liquidity that I referred to earlier has to go somewhere. There's a broad consensus that gold is going lower and a lot of money is shorting gold. At some point over the next month or so—at the first sign that gold is not going lower—we're going to see some short positions get covered, and that ocean of money is going to start sloshing into gold and silver. At that point we should also see stronger seasonal demand for gold and that also will help power the gold equities market forward.