
More Gold Will Go to Asia Whether We Tariff or Not
Housekeeping: Good Morning.
“Government intervention only speeds up trend, it cannot reverse trend ”
Topic:
* More Gold Will Go to Asia Whether We Tariff or Not
Market Analysis:
We trust these near real-time pieces from the bank’s CIO office as consistently having two messages.
* The facts and risks as they see them.
* The meta-message if they are/are not reacting by changing price targets
This one also confirms what we have described as to the mechanics of LBMA/COMEX EFP and delivery smelting.
We’ve also added our own personal interpretation as they politely intimate
Full analysis in Premium…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.