⚡️Bank of America's Hartnett believes gold will continue to rise!
In this new world order characterized by currency devaluation, rising populism, and excessive fiscal expansion, gold will be in a long-term bull market—
and the end of a gold bull market is often due to a major event,
such as Nixon's resignation in 1974, the Volcker Rate Shock in 1980, the end of the EU debt crisis in 2012, and the advent of the COVID-19 vaccine in 2020.
To draw a conclusion:
The average price increase during the four gold bull markets of the past 60 years was 300%. Based on this price projection, the peak price of gold in this round should exceed $6,000.