Housekeeping: as promised in Monday’a post.
Read, listen, or follow along as requested by 2 Founders who drive more than they’d like to and cannot read.
Based on feedback (comments, DMs likes etc), we may do more of these as needed.
Find attached:
A dry read through of Goldman’s latest Metals report focusing on Copper and Gold with substantive implications for Silver.
Exhibits.
GoldFix comments where appropriate, are isolated at the end of each section to minimize flow interruption.
Thank you.
Topic Timestamps:
0:00- A turn in the industrial cycle.
2:16- China’s green policy put.
4:53- Europe’s price stimulus.
6:52- Copper’s supply shock progresses.
10:40- Gold’s bullish reawakening.
13:30 - Extended translation/ Gold comment.
21:18- Aluminium’s China import surge.
24:30- Iron ore’s sobering sell-off.
27:26- Final word on this report’s implications.
