Fed Cuts, Fed Fear Fuel Gold Fire
Gold - 4k soon
JPM commodities research:
"With gold being our highest conviction long all year, we still believe it has even higher to go as we enter into a Fed cutting cycle with overlays of stagflation anxiety, concerns around Fed independence, and broader debasement hedging. Investor demand is now the primary catalyst for gold as we once again enter a sweet spot for gold inflows over the upcoming Fed cutting cycle."
