Housekeeping: This is the PM GoldFix post combining AM emails with additional intraday posts.
Market Recap:
Excellent recovery today. Well beyond expectations. Gold dove in China on reopen down an additional $9; but then stabilized as no doubt long players continued to liquidate into waiting hands of someone. The proof is Copper.
More at Bottom…
Morning Rundown:
Macro-Economics/Commodities:
Geopolitics/Elections:
Rabo: Trump 2.0 MAGA Team Knows How Levers of Power Work
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Trump 2.0 “is staffed with a motivated MAGA talent pool which knows how the levers of power work”
