79. The reasons to own GOLD and if it can continue to shine as war risks intensify

  Welcome back to Milkshakes, Markets, Madness. Additional weekly content, including a Monday “Peek at the Week”, a Midweek Update, and the NEW “Madness Edition” series, are all available exclusively on the YouTube Channel. If you are new to the show please read the LEARN MORE section which follows the show description and chapter timestamps further below. On our website there is an embedded video above and an audio player at the bottom of the page GOLD AND WAR Despite the sudden outbreak of war and a shortened trading week, markets were relatively subdued. Stocks waited until the last day of the week to pullback, meanwhile bonds finally caught a bid as the Fed minutes revealed a more dovish outlook. Yet, the “real” stand-out for the week was GOLD. One might think this stands to reason, given gold’s history over thousands of years as the ultimate safe haven. With the attacks on Gaza intensifying it is easy to make an argument for the increased demand for gold, but after a closer at this week’s price action there is cause for concern that a sharp pullback could be looming. Join Brent Johnson and Jon Kutsmeda as they explore the mysteries of gold, the uncertainties of war, and how counterparty risk could steal your profits. This and more on the latest Milkshakes Markets Madness Show. https://youtu.be/k82x4c1_rvk ————————————– FULL-LENGTH EPISODE (October 15, 2023) ————————————– The full-length episode is a weekend release that dives deeper into the biggest themes from the prior week. Expect longer discussions and video playback times of over 30 minutes. *** More information about Milkshakes, Markets, Madness, and the hosts, can be found after the chapter timestamps below. *** ———————- GOLD AND WAR Season 01, Episode 74 ———————- 00:00 – Full-length intro 00:26 – How to navigate our channel 01:01 – Assessing the week’s volatility 03:30 – Bond market catalysts 06:38 – Yield curve contrarian 10:23 – Gold vs. Real Rates vs. Geopolitics 13:03 – Gold war premium and shorting miners 14:50 – Why Gold 19:25 – Real yield expectations 23:11 – When to “buy the dip” in Gold 29:20 – Brent “loooooves” gold 30:09 – Counterparty risk explained 36:00 – Brent’s final thoughts / Wrap-up 37:26 – Outro 37:40 – Disclaimer ——————— LEARN MORE ——————— Every week, Brent Johnson and Jon Kutsmeda invite you to share a laugh at their favorite Twitter tantrums, and the madness of financial markets. If you are tired of drawn out, jargon filled, boring financial podcasts, then tune in for Milkshakes, Markets, & Madness to enjoy the lighter side and off-topic discussions that include sports, politics, memes, travel,