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Gold prices After the end of the latest records, 20% can rally, Jeff Gundlach says.
This is because investors are finally treated gold as a realistic active class than a safe shelter.
Price bullion 25% are annual.
According to a record regulation rally “Bond King”, not close to end Jeff Gundlach.
Dubleline Capital CEO estimated that the price of precious metal can rise to $ 4,000 for an ounce, the price of a Friday’s price is $ 3345.
Speaking to CNBC this week, Gundlach, tariff variability, traffickers, 25% rally, looking at the precious metal, looking at the precious metal, he said.
“I think we are in a mode that we are in a mode that gold is not a speculation for short-term traders or a long-term retention, people look gold without fear of geopolitical confusion tariffs and the amount of everything and only debt These people think that will deal with it. Thus, the gold is a real money asset, “said Gundlach.
According to the World Gold Council, the global market for physical supported Golden ETFs complained to $ 11 billion, up to $ 397 billion.
Meanwhile, 58% of the global fund heads in the last American bank, they believe that gold is the safest activist in the complete exploded trade war.
Gundlach added that in the background of the background for other risk assets such as shares, it is difficult at the moment. In the near term of the shares, it doubled over the forecast that he could potentially see “fragmentation” S & P 500 Down to 4,500. This means a 20% decrease in current levels.
“I feel we are in a risky market during an interval,” he said.
Other predictions called gold in recent months, showed uncertainty that caused Trump from Trump’s trade policy.
Golden man sachs Last month, for precious metal, a ounce of up to $ 3,700 for precious metal for precious metal, politics indignation and the potential of the US economy to slow down the US economy.
UBS and Bank of America also also gave $ 3,500 worth of price targets in gold, which is 4% upside down from current levels.
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