A thread-
A Precious Year Ahead - Gold likely to jump to $2600 to $2800 / INR 70,000 to 75,000 in next few years.
🔸Global financial debasement, bigger than any other in history, bigger than GFC
🔸A recurring theme of currency debasement once every 50 years
@ankitapathak_
A Precious Year Ahead - Gold likely to jump to $2600 to $2800 / INR 70,000 to 75,000 in next few years.
🔸Global financial debasement, bigger than any other in history, bigger than GFC
🔸A recurring theme of currency debasement once every 50 years
@ankitapathak_
Govt credit has risen at a much faster pace than anytime in recent history. That's why you see such large doses of QE is needed to push demand just a big. While households and corp are deleveraging. This is a massive debasement, positive for Gold Bull Run. 
Gold priced in the growth of fiat currencies indocates Gold is cheaper, way cheaper than it should be. Gold prices adjusted for inflation has been higher in previous Bull Runs.
A 16 year DXY cycle began in 2017. This will keep the US Dollar softer or weaker and propell Gold higher.
An upcoming Dollar bounce will allow Gold to be bought at lower levels, presenting opportunity for augmented returns.
An upcoming Dollar bounce will allow Gold to be bought at lower levels, presenting opportunity for augmented returns.
Debt markets are representative of ripe conditions for a stable Bull Run for Gold. See image.
Strategy- Buy Gold now and half at prices below $1750. Target $2600 to 2800 /INR 70-75k in next few years.
Download full report at - edelweiss.in/ewwebimages/We…
Download full report at - edelweiss.in/ewwebimages/We…
Bit* (big)
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