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Goldman: "The 'secret' buyer has elevated [Gold] prices"

VBL's Photo
by VBL
Tuesday, Oct 01, 2024 - 13:39

Goldman: "The 'secret' buyer has elevated prices and reset the [Gold] relationship"

Authored by GoldFix ZH Edit

Bottom Line

This morning ZH announced CTAs Have $3 Billion Of Gold To Buy Over The Next Month pursuant to a Goldman Sachs report just released. We discuss that report below

  • Goldman raises target from $2700 to $2900
  • Banks  Identifies likely “Secret” Buyer
  • The Gold Reset is Announced
  • New Gold-Model  Logic explained

Today:

- Discussion: "The ‘secret’ buyer has elevated prices and reset the [Gold] relationship"

- Premium Analysis: Goldman’s Report in Buy-Season context

Key Moments:
3:30 - Goldman Analysis Starts
 
 

More here


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