Why Gold goes up to 10,000 Dollars?
The major breakout of gold reaching 2329 dollars confirms the new bull market that should last into the 2030s. The last similar breakout was in 2005 which started a bull run of 6 years. Secular commodity cycles have a duration of 30 years. The recent rally confirmed the new cycle that started in 2023. The run after tangible assets like gold in uncertain times is a fact. A gold price below 2,000 dollars is a thing of the past. If you think that gold is overbought, think again. In robust bull markets prices remain higher despite short-term overbought situations. Having direct ownership of physical gold is fundamental in all asset protection strategies. If you do not own precious metals, you should buy it now. I am convinced gold goes up to 10,000 dollars in 6 years. I help you to buy gold in Switzerland. Call me. Be rich and stay rich.
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