JPM: "Gold and silver to outshine lackluster base metals in 2024"

The Bank Discovers Gold's Buy Season

Good Afternoon. What follows are excerpts from a JPM Metals Report for 2024 with commentary.

Base & Precious Metals Outlook 2024/2025

1. Key Points- Page 1

2. Base Metals Overview- Page 2

3. Precious Metals Overview- Page 6

4. Metals Recession Risk- Page 9

5. Copper- Page 10

6. Aluminum- Page 15

7. Zinc- Page 20

8. Nickel- Page 24

9. Gold & Silver- Page 28

10. Platinum & Palladium- Page 34

11. Metals Derivative Volatility Ideas

12. Complete Forecast Table- Page 45

GoldFix Comments:

Overall, the attention to detail here is indicative of serious research (we’re probably only seeing a fraction of it) on the physical side in these metals, a byproduct no doubt of the ramping up in business overseas