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"More Bullish Than Ever on Gold:" Getting "Ahead" of Next Metal Rally
Description
Max Baecker is "more bullish than ever" on gold as the yellow metal retreats to what he sees as a strong support level. If crude oil's price action continues to climb, he sees it leading to a stagflationary environment that will lower interest rates and incentivize gold buying. Derek Macpherson sees everlasting geopolitical uncertainty and central bank investments adding to gold's bull thesis. He makes the case how investors can get "ahead of the curve" before another anticipated rally.
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