Gold is looking for new record highs

Weekly

April 6, 2020

Sharp swings in gold prices make investors doubt whether the upward trend will continue
However, as in 2008, gold will benefit from monetary creation and the supply-demand imbalance
A 12-month target price of $2,000 per ounce is not extravagant
In the longer term, debt monetisation could bring gold prices even higher

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