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

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

PODCAST INFO: 


ABC Refinery website: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.abcrefinery.com/podcast⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ 


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. 

Timestamps: 


(1:31) – Macro forces driving gold down 


(5:36) – Impacts of the SHFE gold contracts 


(8:20) – 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’.