Goldman Report Stays Golden
Housekeeping: Good Morning.
Gold revaluation is a process not an event
Today:
* Premium Analysis: Goldman Goes Gold
* News: MS and Citi differ on Fed Cuts
Premium Analysis: Goldman Stays Golden
A brand new report from Goldman Sachs, titled "Go for Gold," is out. The best intro we can give is this audio one sent out yesterday.
As to our own analysis. From Goldman Goes For the Gold
Gold remains the Bank's preferred near-term long position, with a maintained price target of $2,700 per ounce by early 2025. Their analysis attributes this bullish outlook to several factors:
* Central bank gold…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.