The Pod of Gold: ‘When the Fed is in a tightening cycle, we all are’

Time Stamps:

• 1.20 – Gold breaks through the weekly cloud top signalling a swing to the medium term bullish 
• 3.40 – Managed money not revealing much 
• 6.10 – Silver shorts look to be on the defensive 
• 8.45 – Central banking policy divergence - Fed leads pivot toward tightening 
• 13.20 – Tightening will create a dollar positive environment and may put pressure on gold 
• 16.45 – Gold price going into the close on 11th February 
• 18.30 – What is ‘fast money’ and ‘slow money’ telling us about gold? 
• 21.20 – Palladium market perhaps not concerned about outcomes of Russia-Ukraine or sanctions 
• 24.10 – Rumours of a whale in the gold market 
• 28.30 – Key takeaways from today 
• Book Nick mentions: Bloodlands: Europe between Hitler and Stalin by Timothy Snyder