Originally, I expected two interest rate cuts this year, but now even one cut seems unstable. The Fed is not even considering rate cuts until early next year, and if conditions deteriorate, rate hikes could begin by the end of this year. If the Fed raises rates consecutively, gold's bull run will be completely over.
98% are bearish on gold.
Originally, I expected two interest rate cuts this year, but now even one cut seems unstable. The Fed is not even considering rate cuts until early next year, and if conditions deteriorate, rate hikes could begin by the end of this year. If the Fed raises rates consecutively, gold's bull run will be completely over.