In this episode, Trevor and Jordan Roy-Byrne discuss the current state of the gold market and its relationship to the stock market. Jordan explains that while the stock market is in a secular bull market, gold is not. He emphasizes that gold will continue to struggle until the stock market's bull market ends. They also discuss the impact of interest rates on the gold price and the challenges of trading the gold market in the current macroeconomic environment. Jordan believes that the stock market is not on strong footing and that when the next downturn occurs, gold will experience a real bull market.