Founders: Goldman Gets Sneaky, Raises Gold Price
2024 Outlook Reports: The First Batch
Good afternoon. The report flow has been large for end-of-year stories. The task has been to separate the rehash from the good stuff. Below are 13 with the most to offer; those least likely to be just sales pieces as well as institutional only reports.
Goldman on Gold (so soon???)
Some 2024 outlook reports (7)
MS, GS Trader, commentary (4)
1- First Look: Goldman on Gold
Goldman all sneaky-like raised their 2024 price projections on Gold at 9:40 p.m. (GMT) almost as a tag-on in a base metals EV style update on Friday. Not sure of what to make of it given their annual metals report WAS PUT OUT 2 WEEKS AGO (also included)
Goldman Friday:
We now forecast greater gold upside in 2024 and raise our 3/6/12M targets to $2,065/2,125/2,175/toz (vs. $2,050/toz previously).
Goldman rarely does this unless they have something bigger in store. Of what we have no idea. Think of this as an informational inflection point
**PREMIUM SUBS: This will be posted in Premium later today Early tomorrow latest.. we just got it and need to break it down first
Founders below here