Gold pivots away from US$2075 and why the Aussie dollar is falling

In this episode we look at the reason’s behind gold’s pivot from 2075 back into the 1940s, how the markets appear to be pricing in a smooth debt ceiling negotiating, and what’s causing the Aussie dollar to fall.

PODCAST INFO:

• ABC Refinery website: ⁠⁠https://www.abcrefinery.com/podcast⁠⁠
• Apple Podcasts: ⁠⁠https://podcasts.apple.com/us/podcast/the-pod-of-gold/id1592958488⁠⁠
• Spotify: ⁠⁠https://open.spotify.com/show/1WCw03OP7dsWJFrGR2l5Zb⁠⁠
• RSS: ⁠⁠https://anchor.fm/s/66995438/podcast/rss⁠⁠
• 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.

• (0:00) - Intro
• (0:40) - What's driving gold's downward trend?
• (2:25) - The bullish case for gold
• (4:26) - The debt ceiling issue
• (5:33) - Managed money positioning
• (8:31) - The Aussie dollar falling
• (12:51) - Targets for the Aussie dollar
• (14:21) - Outro