07/09/2026
In this edition of The Pod of Gold, ABC Refinery’s Global Head of Institutional Markets, Nicholas Frappell examines gold’s sharp retracement following its push toward USD$4,700/oz, US Treasuries, and the impact of interventions by key financial authorities.
Recorded on 2 September 2026, this session discusses sovereign debt stress, yield curve intervention, and central bank reaction functions.
Frappell provides technical analysis on gold’s immediate support zones and Point & Figure upside targets, while evaluating the broader systemic impacts of US Treasury Secretary Scott Bessent’s intervention in long-dated bonds.
The discussion also covers the "Warsh Factor" following Fed Chair Kevin Warsh’s hawkish Jackson Hole address, the resurgence of the global debasement trade, and how escalating military action in the Gulf is driving energy prices and short-dated yields higher.
Listen the full session on Spotify and iTunes