RSS SubscribeThe Gold Battleground
The precious metals market is caught between long-term bullish secular fundamentals (national debts, sticky inflation, central bank buying) and short-term bearish cyclical headwinds (high Treasury yields, strong US dollar).
Global public debt has surpassed $100 trillion and is projected to reach 100% of global GDP by 2029, with average global fiscal deficits hovering around 5.1% of GDP.
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