Special: What CME 1 Ounce Gold Futures Implies
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Housekeeping: Good Morning. — RBC chart analysis and CME discussion starts 13:26
“The Gold reset is a process, not an event”
Today
* Discussion: RBC Deferred Dilemma
* Premium: What CME 1 Ounce Gold Futures Imply, RBC Chart Analysis
Discussion: RBC Deferred Dilemma
RBC Excerpt On Gold
After the post-election weeks of gyrations for gold, since late November it has largely held in the rough $2600s per ounce range, notably in line with our Q4 forecast of $2665/oz.
Bottom line- wait until after the December FOMC…
The skinny
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