Alan Hibbard thinks we will see a “doubling” or even “quadrupling” of gold prices before the end of its bull market. Even if the Fed raises rates, he argues that gold can continue to do well. He’s also not concerned about international demand diminishing. However, he says there’s “always a possibility” countries will switch to bitcoin as “digital gold,” though he doesn’t expect that in the next few years.
Market On Close
02 May 2025
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