In this episode of The Pod of Gold, Nick Frappell & Shae Russell discuss the rotation from gold into US dollars, the dataset that spooked gold markets, and the continuing central bank policy divergence. Recorded Friday 16th · 0:00 – Intro · 0:41 – Managed money slightly bearish on gold · 2:12 – Gold ETF positioning declined by 1.4million troy ounces · 2:48 – Why the US dollar is pushing higher · 3:43 – Gold price movements explained · 5:29 – US CPI numbers rattled the market, what will this mean for gold going forward? · 6:09 – What will the Fed do next? · 11:00 – New price targets for silver · 14:39 – Resistance levels for gold · 16:09 – The divergence in central banking policy · 16:50 – Central Bank divergence and the impact on the Japanese yen · 22:21 – Interesting forecasts for the Chinese yuan · 24:27 – US Dollar Index (DXY) discussion and forecast · 28:55 – Key takeaway for today’s Pod of Gold podcast · 30:55 – Outro