BREAKING: UBS Raises Target to $3000

That didn't take long...

A few days ago we noted UBS reiterated their $2850 price target in light of the Tariff situation.

We also noted for Premium subscribers that UBS is a conservative bank, and a price a target reiteration is usually followed by a target hike soon thereafter.

From: UBS: Gold Update

Good afternoon: A short update from UBS came out Friday tapping into their December big report also titled Go for Gold. Nothing new, but not backing away either. We suspect, as history informs us, this will lead to a price target increase, if/when today’s dive is undone.

And today it happened:

Gold reached our long-held forecast of USD 2,850/oz, and while we acknowledge the current spot price is above our fair-value estimate, our House View risk case is edging closer. So we lift our forecasts to USD 3,000/oz over the next 12 months

That full note will be written up and shared with premium subscribers tomorrow morning.

Founders access the PDF pre-write up including the SC BTC report and (all just just posted) here

Have a Good Day.