Todays podcast looks at why trading the metals markets requires a different mentality from just holding a physical position in the metals.

I fully appreciate that there will be Contrarians that:

* Just hold a physical position and do NOT trade

* Just trade and do NOT hold any physical metals

* Are a hybrid and trade and hold physical

Ultimately, a different mentality is needed for trading and holding physical.

This podcast episode dives into that as well as gives an update on the tariff situation with Mexico, China and Canada.

Become a paid subscriber & get access to the exclusive weekly wrap and weekly open newsletters (they do the hard work so you don’t have to) and also gain access to the chat

China Strikes Back

Zerohedge

Financial Times

This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit contrariancapitalist.substack.com/subscribe