Gold Reaching $4,000 is “A Matter of Time”

From sbcgold.com

Gold hasn’t rested since crossing the $3,000 barrier, leading Bloomberg’s Senior Commodity Strategist Mike McGlone to say the rally is far from over. More specifically, he claims the yellow metal’s surge has more than 30% to run in 2025. In tandem with various experts and financial institutions, McGlone sets his sights on $4,000 as the next logical target. A gold-positive combination of devaluing risk assets, falling Treasury yields, and macroeconomic stressors is crucial to this next leg up. In a recent X post, the strategist highlights a “reversion in silly-expensive risk assets” as a serious boost to ... (full story)