Below is a brief excerpt transcribed from Wednesday's edition of The Macro Show hosted by Hedgeye CEO Keith McCullough.

McCullough: The "Big Summer Blowout" In Gold Continues! - 8 5 2020 2 35 22 PM

There was a big storm that hit Connecticut last night. We actually have a lot of stormy stuff going on in the markets these days. But there certainly isn’t a calming down of the gold price.

For those of you that have been long it since the full investing cycle (that means the people that bought it alongside me in 4Q18) ... you are now up 71%.

That’s right 71%.

... On the other hand, you could have bought a small cap value manager stock and be down -15-20% over the same period though if you prefer.

Once again, the big summer blowout continues in Gold!

McCullough: The "Big Summer Blowout" In Gold Continues! - 8 5 2020 2 34 13 PM

McCullough: The "Big Summer Blowout" In Gold Continues! - z gold cartoon 05.11.2016