Gold's weakness is a buying opportunity as Jefferies sees $5,000 price in 2027, healthy mining margins - Kitco
Gold's weakness is a buying opportunity as Jefferies sees $5,000 price in 2027, healthy mining margins - Kitco
Source: Kitco
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DW NOTE
Jefferies projects $5,000 gold by 2027 while the 10-year Treasury yield sits at 5.24% and rising. That would require either a catastrophic dollar event or inflation running so far ahead of policy that real rates stay negative for three more years. Neither scenario is a "buying opportunity" — it's a bet that central banks have permanently lost control of their currencies.