
"Silver’s time to shine comes in 2025"
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Housekeeping: Good Morning.
“The Gold reset is a process, not an event”
Today
* Discussion: CPI/MUFG Commodity 2025
* Premium: MUFG Commodity 2025
Discussion: MUFG Commodity 2025
* Headline CPI is expected to rise by 0.3% in November
* Core CPI is expected to rise 0 3% M/M and 3.3% Y/Y
* The market and one prominent bank thinks CPI has to be super hot for the Fed to not cut 25bps in December now
Bottom Lines for Commodities:
* Precious metals (bullish).
* Gold –bullish.
* Silver –bullish.
* Energy…
The skinny
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