**Founders: Big JPM Metals Write up

PLUS: Intraday Gold Comment From A Bank, and Portfolio Update

Good afternoon. Great day for the metals.

Find attached:

1. JPM Metals 2024/2025 Outlook: very thorough (40 pages+). We will break this down and write it up for tomorrow late afternoon.. lots to digest

2. Interesting observations on Gold by a large bank’s trading desk.. that normally has little to say (GoldFix trading Comments added)