Commodity Outlook 2024

Morgan Stanley commodity outlook. 

Interest Payments to Reset from 0.5% to 4%

 

Gold seasonality broken

Gold seasonality is broken. 

China Drains COMEX Gold

 China is draining COMEX gold.

Yardeni Increases Outlook on S&P500

New:

Old:

Sprott Inc. Update

Sprott Inc. update. 

Buys: Metals Acquisition, Vizsla Silver, Silvercrest, B2Gold, Osisko, Agnico.

Sells: Sibanye, New Gold, SSRM, Triple Flag, Orla Mining.

ECRI inflation

Inflation is about to soar again in 2024 according to the ECRI.

Budget Deficits and Gold

Budget deficits and gold. 

Deficits keep rising.

China fleeing real estate for gold

The Chinese are fleeing real estate and moving into gold. 

Massive China Gold Demand

SGE gold withdrawals in China hit the second highest level ever.