Hartnett: Soon All Commodity Charts Will Look Like Gold

It's end of year time, and with the (useless) year-ahead forecasts out of the way, with just three weeks to go in 2025, strategist notes are getting shorter... and in his latest Flow Show report titled with the very Marilyn Monroe-esque "Some like it hot", BofA Chief Investment Strategist Michael Hartnett does not disappoint - or he does, if one expects another burst of lengthy financial inspiration. 

So two weeks after Hartnett left us thinking about Bitcoin as the early warning indicator of the looming Fed capitulation (which his colleague Mark Cabana now ascertained by predicting that the Fed will not only cut 25bps on Wednesday but also launch $45 billion in Bill purchases), the BofA strategist focuses on commodities, the one sector largely left for dead by most, predicting that "soon all the commodity charts will look like gold", a concept encapsulated by this week's Zeitgeist quote, to wit: