In the 70th episode of The Pod of Gold, Nicholas Frappell, Global Head of Institutional Markets at ABC Refinery, analyses the factors driving gold's performance, including the impact of the "Big Beautiful Bill" on US debt and inflationary pressures.

Frappell also examines how re-emergent tariffs are affecting the physical gold market, and what current managed money and ETF positioning reveals about investor sentiment.

📆 Recorded on Tuesday 15th July 2025, this episode explores:

• The effect of US debt and news flow on gold prices.
• The impact of tariffs on global trade, growth, and the physical gold market.
• An in-depth look at gold inventory holdings in London and COMEX depositories.
• Analysis of current managed money and ETF positioning in the gold market.

🕒 Timestamps:

• (0:00) – Introduction
• (0:56) – Driving factors for gold prices
• (3:58) – The physical gold market and re-emergent tariffs
• (9:27) – Managed money and ETF positioning
• (11:34) – Gold price targets
• (14:58) – Is the US Dollar weak or strong?
• (16:55) – How weak Chinese demand will impact us
• (19:28) – Key takeaways

🎧Special Offer for Pod of Gold Listeners

ABC Bullion Precious Metals Forum 2025 presents, Gold and The New World Order.

Bringing together global leaders in the precious metals industry to share insights on the current landscape and future opportunities.

With ABC Bullion's General Manager, Jordan Eliseo, as the Master of Ceremonies for the evening, there's also a great line-up of speakers set to include:

• Jim Rickards: Investment banker, lawyer, economist, New York Times best-selling author and globally renowned precious metal expert
• Nicholas Frappell: Global Head of Institutional Markets at ABC Refinery
• Wayne Bramwell: CEO at Westgold Resources (ASX:WGC)

Pod of Gold listeners can get a 20% discount on tickets by using the code PODOFGOLD at checkout.

Click here for details.

🔗 More Resources:

• Visit: https://www.abcrefinery.com/podcast
• Follow Nick Frappell: https://twitter.com/nick_frappell
• Follow Shae Russell: https://twitter.com/shaearussell

In this episode of The Pod of Gold, Nicholas Frappell, Global Head of Institutional Markets at ABC Refinery, analyses the recent geopolitical events in the Middle East, their impact on gold and crude oil markets, and the current state of physical gold demand in Asia-Pacific.

Frappell also examines current gold positioning, short and medium-term price targets, and key factors influencing the US dollar and debt landscape.

📆 Recorded on Monday 30th June 2025, this episode explores:

• Global dynamics shaping the gold market

• Gold and oil price rally after Iran strike

• Current managed money gold positioning

• Short and medium-term gold price targets

• Key factors influencing the US dollar and debt landscape.

🕒 Timestamps:

• (00:00) – Introduction

• (00:33) – Special offer for Pod of Gold listeners

• (01:16) – Recent market activity

• (02:05) – Discussion on Iran-centric events and gold/crude rally

• (05:04) – Impact on physical gold demand in Asia-Pacific

• (06:02) – Managed money positioning in gold

• (07:58) – Short and medium-term gold price targets

• (10:12) – Analysis of the US Dollar and debt landscape

• (11:44) – Gold and The New World Order

• (12:02) – Summary and key takeaways

🎧Special Offer for Pod of Gold Listeners

ABC Bullion Precious Metals Forum 2025 presents, Gold and The New World Order.

Bringing together global leaders in the precious metals industry to share insights on the current landscape and future opportunities.

With ABC Bullion's General Manager, Jordan Eliseo, as the Master of Ceremonies for the evening, there's also a great line-up of speakers set to include:

• Jim Rickards: Investment banker, lawyer, economist, New York Times best-selling author and globally renowned precious metal expert

• Nicholas Frappell: Global Head of Institutional Markets at ABC Refinery

• Wayne Bramwell: CEO at Westgold Resources (ASX:WGC)

Pod of Gold listeners can get a 20% discount on tickets by using the code PODOFGOLD at checkout.

Click here for details.

🔗 More Resources:

• Visit:⁠ https://www.abcrefinery.com/podcast⁠

• Follow Nick Frappell:⁠ https://twitter.com/nick_frappell⁠

• Follow Shae Russell:⁠ https://twitter.com/shaearussell⁠

In this episode of The Pod of Gold, Nicholas Frappell, Global Head of Institutional Markets at ABC Refinery, analyses the persistent strength in gold despite recent volatility and what market signals are saying about the months ahead.

📆 Recorded on Tuesday 3rd June 2025, this episode explores:

• Why the gold price trend remains intact despite recent pullbacks
• Global political risks and shifting perceptions of trade negotiations
• How gold ETFs are benefiting from futures market inefficiencies
• Evolving market sentiment around US tariffs and inflation risks
• Key technical levels in gold using Ichimoku Cloud analysis

📈 Frappell also examines:

• Gold and silver managed money positioning
• The impact of trade policy on short-term inflation expectations
• U.S. debt issuance risks and the signal from rising Japanese bond yields
• The outlook for the US dollar into the second half of 2025
• What current Fed commentary is (and isn’t) pricing in

🕒 Timestamps:

• (0:00) – Welcome and what’s driving the gold rally?
• (3:55) – Physical gold flows and Asian market dynamics
• (5:41) – Managed money positioning & gold ETFs
• (7:32) – Technical analysis: Key Ichimoku support/resistance levels
• (9:04) – Fed policy, inflation risk & bond yields
• (12:53) – US dollar outlook for the rest of 2025
• (15:27) – Summary: Key takeaways from today’s market

📥 Key Takeaway:

Gold's bullish structure remains intact. With inflation fears, tariff risk, and a softer USD on the horizon, gold may have more room to run — especially if market complacency is disrupted.

🎧 Don’t forget to subscribe for the next episode, where Nick will break down China’s property market and its implications for gold and global trade.

🔗 More Resources:

• Visit: https://www.abcrefinery.com/podcast
• Follow Nick Frappell: https://twitter.com/nick_frappell
• Follow Shae Russell: https://twitter.com/shaearussell

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