Gold Outlook Remains Bullish: G7 Debt Risks Sustain Demand as Yields Swing - FXLeaders
Source: FXLeaders
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DW NOTE
G7 sovereign debt averaged 121% of GDP at last count, up from 81% in 2000. When bond markets finally price that trajectory honestly, gold won't need a bull case — it will be the only liquid asset without a legislative majority attached to it.
For the first four months of the war between the United States and Israel and Iran, oil traders remained largely bearish. The overwhelming expectation was that the war would end soon—even as July rolled around—and oil flows out of Hormuz would recover. Instead, the world is slipping into a fuel shor
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