Gold pivots away from US$2075 and why the Aussie dollar is falling
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Description
In this episode we look at the reason’s behind gold’s pivot from 2075 back into the 1940s, how the markets appear to be pricing in a smooth debt ceiling negotiating, and what’s causing the Aussie dollar to fall.
PODCAST INFO:
ABC Refinery website: https://www.abcrefinery.com/podcast
Apple Podcasts: https://podcasts.apple.com/us/podcast/the-pod-of-gold/id1592958488
Spotify: https://open.spotify.com/show/1WCw03OP7dsWJFrGR2l5Zb
RSS: https://anchor.fm/s/66995438/podcast/rss
Nick Frappell: https://twitter.com/nick_frappell
Shae Russell: https://twitter.com/shaearussell
OUTLINE: Here's the timestamps for the episode. On some podcast players you should be able to click the timestamp to jump to that time.
(0:00) - Intro
(0:40) - What's driving gold's downward trend?
(2:25) - The bullish case for gold
(4:26) - The debt ceiling issue
(5:33) - Managed money positioning
(8:31) - The Aussie dollar falling
(12:51) - Targets for the Aussie dollar
(14:21) - Outro
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PODCAST INFO:
ABC Refinery website:...
Published 05/29/24
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