The Pod of Gold: Could gold reach US$2,500 this year?

In this episode of The Pod of Gold, Nicholas Frappell covers gold's recent move south and the ongoing impact of open interest.

Join us as we delve into these topics and more, offering insights and analysis on gold's macro position and what the future may hold.

Timestamps:

• 01:31 – Macro forces driving gold down 
• 05:36 – Impacts of the SHFE gold contracts 
• 08:20 – Markets jump at shadows over potential Fed moves 
• 12:10 – Positive outlook for the DXY 
• 17:01 – Fast money versus slow money 
• 21:43 – One downside target…but large amount of open interest at US$2,500 
• 25:05 – Key takeaways: Market embracing ‘higher for longer’