Bernstein unveils new gold price forecast for 2030 - Investing.com
Bernstein unveils new gold price forecast for 2030 - Investing.com
Source: Investing.com
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DW NOTE
Bernstein has raised its gold forecast into a market where every anchor of the 2010s monetary regime is gone. The Fed just hiked into a supply crisis it cannot solve, oil inventories are falling 3.1 million barrels per day while WTI trades at $92, and the U.S. is running a 6% deficit with the Strait of Hormuz still closed. Gold isn't reacting to a forecast — it's repricing the probability that no central bank has a credible plan.