BRICS Summit is "Getting Spicy"
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Housekeeping: Good Morning.
Remember the Toilet paper panic during Covid?
Now imagine that for Gold…
Today:
* Premium Analysis: JPM Warns of Gold’s overbought status
* News: BRICS Gets Spicy as India Begins Negotiating With China
Premium Markets:
JPM Looks Closely at Gold’s Current Investment Situation
This is the current situation in Gold: Overbought, crowded, yet noone going to sell it short, and something new… there are likely options shenanigans afoot.
Being overbought is not new for Gold since December…
The skinny
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