\u201cIt\u2019s a unique bull market\u2026 a kind of bull market we\u2019ve never seen before,\u201d says Brien Lundin, editor of Gold Newsletter and host of the legendary New Orleans Investment Conference, in this exclusive sit-down with Daniela Cambone. \u201cIt\u2019s been driven largely by central bank buying\u2026 Western investors have just been standing on the sidelines aghast.\u201d Lundin also warns that America\u2019s massive debt will force negative real interest rates \u2014 a scenario he calls \u201cincredibly bullish for precious metals.\u201d On silver, he remains firmly optimistic, predicting the precious metal will hit $40 next, with \u201clittle technical resistance before $50.\u201d<\/p>\n
Could this be the moment gold rips into uncharted territory? Brien Lundin says the precious metal is \u201ccoiling\u201d for another major move<\/strong>, and the trigger may already be in place. In a bull market unlike any in history\u2014fueled not by Western speculators but by relentless central bank buying\u2014gold\u2019s summer lull could be the calm before a historic surge.<\/p>\n For decades, central banks were gold sellers. That flipped in 2013, and after sanctions on Russia in 2022, gold buying exploded\u20141,000+ tons per year<\/strong>. This seismic shift has:<\/p>\n Propelled gold to record highs<\/strong> without traditional Western investor demand.<\/p>\n<\/li>\n Left silver and mining stocks lagging, setting up possible catch-up rallies.<\/p>\n<\/li>\n Created a market less sensitive to speculative swings and more anchored by state-level accumulation.<\/p>\n<\/li>\n<\/ul>\n Lundin notes China\u2019s surreptitious buying<\/strong>\u2014far larger than official reports suggest\u2014keeps upward pressure on prices.<\/p>\n The big money is tiptoeing back in:<\/p>\n GDX, GDXJ, Newmont<\/strong>\u2014first stops for generalist investors.<\/p>\n<\/li>\n Valuations still on the low end historically relative to profits and gold prices.<\/p>\n<\/li>\n Juniors now attracting capital as investors grow confident $3,000+ gold is here to stay.<\/p>\n<\/li>\n<\/ul>\n The mining sector is seeing a \u201cperfect storm\u201d: higher prices, easier project economics, and a flood of financing.<\/p>\n Silver has trailed gold for 15 months\u2014but that script is changing.<\/p>\n Breakout above $35\/oz<\/strong> has shifted market sentiment.<\/p>\n<\/li>\n $40\/oz is the next target, with little resistance until the old $50 nominal high.<\/p>\n<\/li>\n Near-term volatility may retest $35, but fundamentals point higher.<\/p>\n<\/li>\n<\/ul>\n While tariffs and political uncertainty dominated recent years, Fed policy is back in focus<\/strong>. The U.S. debt load virtually guarantees negative real rates<\/strong> for the foreseeable future\u2014an environment historically explosive for precious metals.<\/p>\n Powell\u2019s latest comments cooled expectations for a September rate cut\u2014until weak jobs data sent gold soaring. Now, the debate is not if<\/em> cuts are coming, but how many<\/em> before year-end.<\/p>\n Lundin stresses that physical gold is the foundation<\/strong>\u2014not an \u201cinvestment,\u201d but insurance. With the dollar\u2019s purchasing power in structural decline, tangible assets<\/strong> like gold and silver are essential for wealth preservation<\/strong>.<\/p>\n [Link to related guide or post]<\/p>\n Gold vs. Dollar Reality:<\/strong><\/p>\n Dollar value erodes with inflation and debt monetization.<\/p>\n<\/li>\n Physical gold retains intrinsic value across crises.<\/p>\n<\/li>\n Silver offers additional upside potential in a rising metals environment.<\/p>\n<\/li>\n<\/ul>\n Gold\u2019s setup is rare: historic central bank buying, Western money flowing back, and silver finally stirring. If Lundin is right, the next leg up could leave today\u2019s prices in the dust<\/strong>.<\/p>\n The only question: Will you be holding real metal when the breakout hits?<\/p>\n About ITM Trading<\/strong>
\nCentral Banks: The New Gold Kingmakers<\/strong><\/h2>\n
\n
\nWestern Investors Finally Wake Up<\/strong><\/h2>\n
\n
\nSilver\u2019s Moment May Be Here<\/strong><\/h2>\n
\n
\nFed Policy, Debt, and the Dollar<\/strong><\/h2>\n
\nWhy Physical Gold Still Comes First<\/strong><\/h2>\n
\n
\nConclusion<\/strong><\/h2>\n
\n
ITM Trading has over 28 years of experience helping clients safeguard their wealth through personalized strategies built on physical gold and silver. Our team of experts delivers research-backed guidance tailored to today\u2019s economic threats.<\/p>\n