***Founders: Goldman's Trading Desk Special Note on Gold

genuine, dry, unbiased, analysis

1. This is genuine, dry, unbiased, analysis and echoes things we have discussed here the past 6 months.

2. The fact they are talking about it now means noone is buying for a central bank currently

3. While hat implies support is gone, CBs are not idiots, they may be holding back bids underneath. We can’t know

4. The next (fancy looking) report the bank puts out afte…