In this episode of The Pod of Gold, Nick Frappell & Shae Russell discuss how the recent rally in gold brings two very exciting levels into play and Nick expands on what the increase in open interest in the futures market may mean. Then we shift gears and discuss the race between the Federal Reserve Bank and the bond markets: which one of the two knows more about when rates will rise?
To wrap up Nick looks at the paths of propagation coming from the Evergrande collapse, as smaller Chinese real estate developers miss bonds payments.
Click below to listen now.
1:00 - Gold rally warms up
3:55 - Managed money positioning
5:50 - Flows from gold backed exchange traded funds (ETFs) and open interest
9:04 – Silver looks to be finding support
11:34 - Will the Federal Reserve bank converge pm the market or will the market converge on the Fed?
19:98 – Fed points to the risk of potential destabilisation in China as corporate bond defaults are no longer contained to Evergrande.
24:08 – The most important message from today’s podcast according to Nick and Shae