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<p>[QUOTE="GoldFinger1969, post: 26507403, member: 73489"]I disagree....<b>it gives you insight into what the institutional sell-side are thinking and they don't change their minds daily or weekly. </b> If the underlying fundamentals in an analysis like this remain, even if the price action deteriorates, then the bull case remains.</p><p><br /></p><p>Yes, there's opinion there....based on analysis, facts, supply and demand considerations, etc. Lisa Cooke and tariffs are relevant for gold, as we have seen before.</p><p><br /></p><p>Note too that their PT for gold -- $4,000 -- was eclipsed by almost 10%. They have NOT upped their PT (yet) but are still bullish now that gold is below that level. They also note we've had a big run and "sticker shock" for retail buyers of gold is likely. I agree and that hasn't helped in recent weeks/months and won't if/when we go higher.</p><p><br /></p><p>You don't want daytraders changing their PTs daily or weekly....you want actionable ideas that have staying power.</p><p><br /></p><p>But to each his own....<img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="GoldFinger1969, post: 26507403, member: 73489"]I disagree....[B]it gives you insight into what the institutional sell-side are thinking and they don't change their minds daily or weekly. [/B] If the underlying fundamentals in an analysis like this remain, even if the price action deteriorates, then the bull case remains. Yes, there's opinion there....based on analysis, facts, supply and demand considerations, etc. Lisa Cooke and tariffs are relevant for gold, as we have seen before. Note too that their PT for gold -- $4,000 -- was eclipsed by almost 10%. They have NOT upped their PT (yet) but are still bullish now that gold is below that level. They also note we've had a big run and "sticker shock" for retail buyers of gold is likely. I agree and that hasn't helped in recent weeks/months and won't if/when we go higher. You don't want daytraders changing their PTs daily or weekly....you want actionable ideas that have staying power. But to each his own....:D[/QUOTE]
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