Gold During Wartime

Gold During War Time

Podcast Overview (See separate tab for follow-along transcript)

MEAT OF THIS STARTS APPROXIMATELY 14:25

1. Historical Behavior

   1. Two Markets: Before/After

   1. Uncertainty/Certainty

2. Hallmarks of “Before”

   1. Emotional, not efficient

   2. Fear and Hope

   3. Oil vs. Gold

3. Hallmarks of “After”

   1. Statistical Behavior

   2. Decreased uncertainty

   3. True price discovery

4. Before & After Behaviors Elsewhere

   1. FOMC, Data releases, Gov’t shutdowns

5. Two types of ME Wars

   

   1. Oil and Not Oil

   2. Brynne Kelly Analysis

6. Current Situation

   1. Not an Oil War

   2. But Gold is up.. why?

7. What is Different This Time?

   1. On the Ground

   2. Multipolar Backdrop

   3. Mechanical Differences

8. Geopolitical Bottom Line

   1. US involvement does not increase certainty anymore

   2. Short term fix does not mean long term cure anymore

9. Gold Bottom Line: Wars Accelerate Trends***

Plus CTA Analysis…

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Gold and Oil In Wars (Monthly)