Gold's set up for 2024

In this episode, Nicholas Frappell discusses gold’s current bullish set up, the ongoing disconnect between the markets and Federal Reserve Bank comment, the seasonal effects on gold and how real rates are still the main driver for gold.  

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:

(0:55) Au reacts to US jobs data

(3:36) The ongoing disconnect between the Fed and the markets

(8:40) Managed money positioning

(14:09) Technical price points for gold

(18:31) DXY cycle continues

(23:11) The BoJ gets one chance to exit YCC

(25:33) OPEC struggles to put a floor under oil prices

(30:25) The implicit miss pricing of risk in the Chinese property sector