00:00History has shown that when the two-week pace of gold appreciation goes above 20%, that starts to be a problem for the six-month and 12-month horizon following that.
00:09We didn't cross that threshold in April 2025, and we didn't cross that threshold just this month.
00:15So that might be one kind of safe sign.
00:19But, yeah, I think very difficult to say kind of time frame in terms of bottoming.
00:24But we would certainly remain constructive on gold over a one-year time frame, and 6,000 doesn't seem extraordinary or unachievable this year.
Commenti