Goldman Goes For the Gold

With Sell/Buy Season and Event Context

"Gold remains the preferred near-term long position, with a price target of $2,700 per ounce by early 2025."

Contents: (1200 words)

1. Introduction

2. A Tactical Shift in Commodity Strategy

3. Oil Market Caution

4. Delayed Copper Rally

5. Strong Bullish Case for Gold

6. Risks in Broader Commodity Market

7. Conclusion In context of seasonality and BRICS/Election Events

   1. Short term: 90 Day Horizon

   2. Intermediate Term: 3 to 6 months

   3. Longer Term: 2 Years+

8. Key Slides

9. Final Word: Don’t Judge a Book by it’s Cover

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1- Introduction

A brand new report from Goldman Sachs, titled "Go for Gold," is out. The best intro we can give is this audio one sent out yesterday here.

Here is our full analysis. Bottom Line. Gold is the only game in town for Commodities the next month or so at least. Context matters a great deal this time of year