Lundin sees gold in the high $4,000s next year, with near-term selling risk
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Brien Lundin expects gold to reach the high $4,000s or thereabouts by next year, while acknowledging he could be wrong. In Kitco’s interview recorded October 30 and published November 4, he argues debt and currency depreciation support a major long-term bull market. A liquidity squeeze could first force metals selling. For junior miners, he highlights early-to-mid-December tax-loss selling as a potential buying window before a seasonal new-year rally, while stressing uncertain timing and keeping cash available.
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