Friday, April 12, 2024 8:38:19 AM
Gold will most likely correct at some point but the strength of this current rise has been incredible. It really feels to me what Luke Gromen has been saying for years which is that the pricing of the gold market is not solely in the hands of the Western banks any longer. The legacy pricing mechanism has been broken down and I think China has a massive influence on global gold prices these days.
We could be very well looking at a trading range of 2500-3000oz gold in 2025 if not sooner.
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