Navigating Volatility: Melt-Up Markets, Smart Money Caution, and the Gold-Silver Setup - with Dana Lyons & Brien Lundin
Technical red flags, metal market resilience, and drill-season upside in juniors
As equity markets continue to grind higher amid political noise, and commodity prices react violently to shifting trade headlines, investors are searching for clarity. This weekend’s KE Report dives deep into both - the big-picture market signals and the underlying resource stock trends - with technical analyst Dana Lyons and metals market veteran Brien Lundin.
📌 Highlights from the Interviews:
Dana Lyons on Market Internals and Smart Money Behavior
“The dumb money is wildly bullish, and the smart money is pulling back.” Despite the continued market melt-up, Dana warns that deteriorating breadth and overly optimistic sentiment signal caution for the weeks ahead - especially in small caps and equal-weight indices.Dollar Reversal and Commodity Headwinds
A short-term bottom in the USD has triggered a possible rebound toward 103.5, which could weigh on metals and non-U.S. equities. Dana suggests looking at currency-hedged international ETFs to manage this macro shift.Copper: Don’t Chase News Spikes, Fade the Headlines
Dana and Brien both emphasize fading big copper moves tied to tariffs. Dana is buying CPER and COPJ on the pullback, calling it “a compelling technical setup with risk/reward skewed to the upside.”Silver’s Setup and Juniors Leverage
“Silver leverages gold, and juniors leverage silver.” Brien sees a potential breakout above $40 and notes we’re still $2 above the key $35 breakout level. He believes this is a second chance for investors to get positioned in silver juniors.Drill Season is Here - and Juniors are Moving
From Relevant Gold to Blackrock Silver, Brien highlights companies actively drilling and finally getting traction. “If a junior hasn’t already taken off, it’s on the launching pad.” He expects more big drill hits to drive 3–5x moves.
🎧 Click here to listen to the full interviews and hear both guests share their actionable outlooks on markets, metals, and mining equities.
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