Why The Current Gold Pullback Is The Last Chance Before $6,000
So gold hit record highs above $5,600 earlier this year. Now? Middle East is on fire, oil spiking, geopolitical risk through the roof—and gold is chopping sideways like a confused hedge fund manager.
What gives?
Chris Mancini of Gabelli Gold Fund says WAIT. During a crisis, gold becomes liquidity. Turkey dumped 60 tons to prop up its currency. Gulf states? Probably selling too because they can't move oil.
But here's the punchline: once the dust settles, $6,000 gold is coming. Central banks are done lending to bankrupt Western regimes. They're buying gold. The debasement trade is just getting started.
Bitcoin? 10,000 knockoffs. Gold? Can't replicate it.
Patience, degens.
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