The Macro Dirt Podcast

Bulls, Bears, Trading Drawdowns, & Bad Dates

24 snips
Mar 19, 2025
Bob Iaccino, co-founder of Path Trading Partners and market expert, joins Tony and Jared for a lively discussion on trading strategies and personal stories. They delve into the highs and lows of the gold market, emphasizing the importance of emotional resilience in trading. The trio shares hilarious dating mishaps from their youth, drawing parallels between navigating personal relationships and market fluctuations. Join them for insights on strategic investing mixed with laughter and valuable life lessons!
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ADVICE

Gold Outlook

  • Gold is a secure long position, but expect a sideways correction.
  • The Fed's potential rate cuts support staying long on gold.
ANECDOTE

Gold-Backed Currencies?

  • Bob Iaccino argues currencies are synthetically backed by gold.
  • He questions this synthetic backing given gold's performance.
INSIGHT

Market Analysis

  • The market rally shows poor price action and low volume.
  • A deeper capitulation day is anticipated soon.
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