Part 2: The Death of Synthetic Gold- (The Wet Blanket is Gone)
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5 Key Conclusions From The Soc Gen Report
INTRO:
The Soc Gen elasticity report we covered yesterday mapped the behavioral shifts across jewellery buyers, bar and coin investors, central banks, and ETF participants, and it confirmed what Gold bugs have been watching for three years. The data shows a market moving away from a single demand pattern and toward a set of distinct behaviors that reflect a deeper transition in gold’s role. Soc Gen presents the sectoral story clearly but leaves the structural…
The skinny
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