Crude's correlation to gold and why the bulls are ready to

Crude's correlation to gold and why the bulls are ready to charge

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In this episode of The Pod of Gold, Nick Frappell & Shae Russell discuss managed money’s increased short position for gold and silver’s recent bounce. Nick delves into Russia’s recent monetary theatre, then takes a deep look at the bullish predictions for Brent, and crude’s correlation to gold. Time Stamps · 0:44 — Managed money is on the defensive, yet technical support for gold is strong · 7:16 — Nick’s bullish call for silver played out, where to next? · 10:18 – Russia, rubles, and gold · 14:05 – Understanding the dollar dominance · 15:00 — Brent demand drops and takes the crude price with it · 14:10 — Can Russia’s oil supply be replaced? · 18:59 — Brent at US$200 per barrel is possible · 21:26 — Key takeaway: Higher oil prices may lift gold · 23:32 — Aussie dollar short covering

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