💡Steven Feldman says we're in an ultra-macro market. Real assets are how you navigate it. Join Wealthion’s Real Assets Community: www.wealthion.com/getready In the second episode of Steven Feldman's "Open Position", Wealthion's C.E.O asks the hard truths to World Gold Council Senior Market Strategist, Joe Cavatoni. This incredibly insightful conversation into everything Gold, begins with the elephant in the room (they are both pro-gold) and reveals: - What Gold Volatility is Really Signaling - Why Volatility May Be A Good Thing - The Asian Influence - How Prices Are Being Affected By A Shifting Narrative - Who's Selling & Who's Buying - The Real Game is the U.S. vs China - Joe's Worst Case Gold Scenario - What Keeps Joe Up At Night - What Are We Solving For? Open Position provides the unfiltered truth behind market shifts. No headlines, no hype—just direct insights from global finance leaders for the sophisticated, independent-minded investor. 💡Joe Cavatoni holds 60% equities, 30% real assets, 10% bonds. What does your portfolio look like? Get a free portfolio review with Wealthion’s trusted financial advisors at https://bit.ly/4dfbOe1 💡Joe Cavatoni doesn't own Gold ETFs. He owns kilo bars. Buy physical gold and silver through GBI Direct: https://gbidirect.com/?aff=WTH 💡Attend Rick Rules’ Natural Resource Symposium in Boca Raton this July, click here for in-person and virtual tickets: https://cvent.me/XOqdLa?via=Wealthion Chapters: 1:30 The Elephant in the Room 2:26 Joe’s Gold Background, Why Gold & Why The Gold Council 6:33 What’s Your Problem & How Can I Help You Solve It? 7:51 Gold’s Marketing Problem 8:47 The 60/40 Mix & How Gold is Like Life Insurance 11:55 Joe’s Surprising Portfolio Mix 14:55 Steven: “We’re in an Ultra Macro Market” 15:50 What’s Happening with Gold Right now-the Ups & the Downs 17:00 Joe: “I wasn’t surprised by the correction” and what he was surprised by 17:55 Why the War Hasn’t Helped Gold-Why Deleveraging Happened 22:00 Central Banks, Retail Investors & Gold 25:25 Central Banks-Selling & Buying 27:00 What Retail Buyers Need to Understand About Gold 35:20 The Debt Problem & Gold & “The Math” 38:00 The Potential Headwind to Gold 40:45 Gold Recycling Numbers and What They Reveal 42:20 Steven: “The Risk is the Price” 43:20 The Real Game is Simply “U.S. vs China” 45:00 The Iran War Effects Could Be Devastating 46:30 The “American Outlook” Problem 48:30 Gold is Maturing 51:35 What’s Keeping Joe Up at Night (Why Volatility is a Good Thing & People Don’t Understand) 53:30 The Gold Market is too Fragmented 55:20 Gold’s Trust and Access Problem 57:40 What Are You Solving For? (New Gold Policies) Connect with us online: Website: https://www.wealthion.com X: https://www.x.com/wealthion Instagram: https://www.instagram.com/wealthionofficial/ LinkedIn: https://www.linkedin.com/company/wealthion/ #Wealthion #Wealth #Finance #Investing #PortfolioReview #InvestmentAdvice #FinancialPlanning #WealthManagement #Gold #GoldInvesting #GoldPrice #PhysicalGold #GoldETF #GoldBars #PreciousMetals #CentralBanks #DeDollarization #GoldVolatility #RealAssets #GoldMarket #WorldGoldCouncil #DebtCrisis #MacroInvesting #SafeHavenAssets #GoldBullion #SoundMoney #GoldVsInflation #AssetAllocation #OpenPosition ________________________________________________________________________ IMPORTANT NOTE: The information, opinions, and insights expressed by our guests and our hosts do not necessarily reflect the views of Wealthion or the views of their respective employers. They are intended to provide a diverse perspective on the economy, investing, and other relevant topics to enrich your understanding of these complex fields.   While we value and appreciate the insights shared by our esteemed guests and hosts, they are to be viewed as personal opinions and not as investment advice or recommendations from Wealthion or their respective employers. These opinions should not replace your own due diligence or the advice of a professional financial advisor.   We strongly encourage all of our audience members to seek out the guidance of a financial advisor who can provide advice based on your individual circumstances and financial goals. Wealthion has a distinguished network of advisors who are available to guide you on your financial journey. However, should you choose to seek guidance elsewhere, we respect and support your decision to do so.   The world of finance and investment is intricate and diverse. It's our mission at Wealthion to provide you with a variety of insights and perspectives to help you navigate it more effectively. We thank you for your understanding and your trust.