$5,000 gold is back in play, and $10,000 is a matter of 'when, not if' - State Street’s Doshi - KITCO
$5,000 gold is back in play, and $10,000 is a matter of 'when, not if' - State Street’s Doshi - KITCO
Source: KITCO
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DW NOTE
State Street calls $10,000 gold inevitable while the metal sits 11.6% below its January high and crude has shed 27% since its peak. The Strait of Hormuz has been effectively closed for nine days, global oil supply is down 4%, and gold is... falling. When the macro case is overwhelming and the asset declines anyway, the problem isn't vision—it's positioning.