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I got a text message today from an old friend and colleague… he joined up with StockTwits last year as a producer, and they’re building out their video content.

They snagged a fantastic sports and financial journalist, Michele Steele (ESPN and Bloomberg), so they’re building a great operation. I look forward to their content.

With gold at $5,400 and silver at $115, Michele and her team decided to invite a macro- and commodity-nerd named Garrett Baldwin… The guy who uses “monetary policy” in casual conversation… and can’t shut up about the repo market.

If you haven’t heard of this guy… check him out.

He has his hand on his chin in this picture, so you know he means business…

Video Length: 00:10:49

It’s a quick conversation…

Just to note, given that gold is at $5,400, I mentioned that gold’s monthly RSI is rather manic. When I say I think it will hit $5,000 before $6,000, I mean I expect some profit-taking (and some deeper concerns about liquidity that weigh on speculation). I still expect gold to move higher over the long term due to structural buying.

Cool experience, since StockTwits was one of the first profiles I wrote on Fintech back in 2016 when I joined Modern Trader, and I’m a big fan of their evening letter, The Daily Rip.

Thanks to their team. Let’s do it again sometime.

Meanwhile… just FYI.

We’re now in the territory where I’m going to focus on hedges with the PSQ or the SQQQ. Bitcoin’s move today suggests there are some bigger issues… and we’re not out of the woods yet. This chart is just screaming at me right now…

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