Simply know as the widow maker of the precious metals group. You can tell just by looking from it's historical movements. This picture says it will surpass the movement in gold since it is a metal used for: - 1) Renewable Energy - Supply is in deficit 2) Defense - specifically in missile systems 3) Poor mans version of Gold - India is a great example Now, once...
With future rate cuts incoming within the next 6-18 months. The timing will dictate whether we enter into a soft-recession/stagflation/hard-landing. My target for the $XAUUSD/ TVC:DXY is conservative. Within 8 years but high probability of it reaching its target sooner. Thoughts?