Episode 178: Stagflation vs. Recession: Approaching Decision Point

Vince Lanci of Echo Bay Futures & GoldFix on Substack joins us to wrap up market action in April and discuss Gold's outlook in May.

Vince believes Gold has more downside and will be watching the action after the CPI on May 15. The market action post-CPI will give us a hint if the economy and market will enter a new regime of stagflation or recession or soft landing.

0:00 Intro
1:30 Gold & Silver End of April
2:30 Gold vs. 60/40 Portfolio
14:00 Current Gold Correction
23:40 One Bullion Bank Short into $2100 Breakout
27:25 Broken Correlations
30:05 Next Signpost
35:20 Gold Technical Levels
42:15 Silver
46:00 Gold Miners
50:05 GLD & SLV have Hurt Miners
53:35 Summary