A Golden Decade Ahead for Gold -- Gold Bull Run to Continue in 2021

A Golden Decade Ahead for Gold -- Gold Bull Run to Continue in 2021 A Golden Decade Ahead for Gold -- Gold Bull Run to Continue in 2021 The vaccines began rolling out this week, boosting optimism that the economy will soon rebound. There is no vaccine for what ails the economy. Even if the vaccine proves effective and governments ease off the draconian policies they have implemented in response to the pandemic, governments and central banks will have to continue stimulus programs and loose monetary policies. That’s good for gold. Commerzbank sees things the same way, projecting gold’s bull run will continue through 2021 with the yellow metal rising to $2,300 by Q4. The problem really isn’t the virus. The problem is we’re addicted to the cure — cheap money and debt. The disease doesn’t even matter anymore. Because even if we get rid of the disease, we’re still addicted to the cure. And the Fed can’t take away the cure without causing an even bigger problem than the initial disease that the cure was meant to cure. … All that debt and all the money printing doesn’t go away even if the pandemic goes away.” Commerzbank analysts agree that the extraordinary monetary policy isn’t going to end any time soon. Either governments, central banks, or both, will continue to pump liquidity into the financial system.