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Currently, the only reason for bearishness on gold is: "It has risen too much."
Is this reason valid? Let's analyze the logic:
Will the future be more peaceful or more turbulent? (Chaotic times favor gold)
Are countries tightening monetary policy or flooding the market with liquidity? (Rising water lifts all boats)
Is the US dollar stronger or weaker? (When one weakens, the other strengthens)
You'll find that the underlying logic of all core assets is paving the way for gold to rise. #GOLD