Gold's rally has further to run as debt, de-dollarization fuel secular bull market: Gabelli's Mancini - KITCO

Gold's rally has further to run as debt, de-dollarization fuel secular bull market: Gabelli's Mancini - KITCO

Source: KITCO

DW NOTE

Gabelli's citing debt and de-dollarization — gold's at $4,309, which is still 19% below January's $5,318 all-time high. The secular bull case doesn't need more fuel when the Strait of Hormuz has been effectively closed for five months and WTI just fell below $75. If accumulation isn't finished by now, it's not a secular bull, it's a trade waiting for direction.

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