Physical and paper gold battling for supremacy: Brien Lundin

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Summary:  In an interview with “The Gold Report”, Gold Newsletter editor Brien Lundin explains how the big price drop in April and subsequent surge in physical demand has made the chasm between the physical and paper gold markets very apparent. He then goes into what investors should look for when determining whether gold is at a bottom, or in for another decline. Jobs and inflation numbers are good indicators since the Fed’s Quantitative Easing programs will drive gold in the short to intermediate term. He also explains that continued debt expansion across the world will support both gold and silver markets, and that’s why he’s still bullish on both. Silver is essentially a barometer of the gold market, and will largely track it (albeit its price swings will be more dramatic, its moves will reflect where gold is headed). The remaining part of the interview focuses on mining stocks and how you can find profitable investments in these firms. Read more…