Episode 148: Why Gold is Steady & What Will Trigger New All-Time High
TheDailyGold Podcast
English - July 30, 2023 00:00 - 53 minutes - 72.9 MB - ★★★★ - 9 ratingsInvesting Business gold silver equities currencies dollar inflation Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Vince Lanci joins me to discuss the Gold market and three things. He informs us the details of the contract rollover last week that caused Gold to jump $40 on some trading platforms. He also discusses the three reasons why Gold is holding up well and then what will cause it to breakout.
0:00 Intro
1:20 Contract Rollover
11:30 Contract Rollover Conclusion
18:28 Why Gold Holding up Well
19:50 Vince Answer
26:00 End of Answer & Gold Breakout
27:55 Tactical vs. Big Picture
29:15 Time Decay
31:40 Vince Observations on Market
40:00 Weekly Close Above $1987
42:00 Open Interest
42:35 Support/Resistance Levels
45:50 Gold vs. Stock Market
46:50 Interest Rates, Bear Markets & 1960s
49:30 Money Moving into Hard Assets