Michael Arnold of Path Trading Partners dissects the recent frenzy in the gold market and the unexpected rally in the US dollar. The conversation provides insights into the dynamics of gold's breakout and subsequent pullback, offering a strategic perspective on whether it's time to add to long-term gold holdings. They explore the dollar's resilience in the face of yield differentials and global economic weaknesses. Jim and Bob weigh in on the Russell, examining its performance in comparison to large caps. They dissect the charts, discussing key resistance levels, and share their perspectives on the potential for small caps to catch up with larger counterparts in the wake of possible Federal Reserve actions. The episode reaches a crescendo with a deep dive into Bitcoin, pointing out potential reversal zones and touching on the role of stablecoins like Tether and the potential implications of their legality.
This episode is in partnership with Mint Mobile.
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