Bullish:

• 🟢 $GOLD - Bullish outlook on gold with significant upside potential, citing both structural and cyclical factors. Gold is seen as an attractive investment opportunity and a hedge against scenarios where equities and bonds underperform.
  • “We still think there is quite a bit of upside for gold. So gold prices are now around 2,006.50 dollars per troy ounce. Our forecast for early next year is 2,900. So nearly 10% of upside from here.” - Daan (12:04)
  • “I think structurally cyclically a very, you know, interesting investment opportunity. And then last but not least, I think it gives you a lot of hedging opportunities against alternative scenarios where equities and bonds would perform less well.” - Daan (14:01)
• 🟢 $OIL - 🔒

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• 🟢 $COPPER - 🔒

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