Gold: And Then There Were Two Banks

A 2nd Bank has Crossed the Rubicon

Just yesterday we noted in Gold Crossing the Rubicon that the equity side of the world is beginning to actively suggest Gold as an ongoing hedge for various unquantified but knowable risks.

Here is the key section discussed yesterday in that post:

Here is the relevant clip from that analysis

Enter Goldman

Exactly one day later, Goldman puts out their own comment/insight on the very same topic embedded in an institutional trading desk daily note we sent to Founders this morning