Mike McGlone on LinkedIn: #gold #copper #metals #macroeconomic
Gold May Head Toward $3,000, Copper $3 in 2024: Metals Outlook - There isn't much that stands in the way of gold outperforming copper in 2024. The downtrend…
Mike McGlone
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"Gold May Head Toward $3,000, Copper $3 in 2024: Metals Outlook -
There isn't much that stands in the way of gold outperforming copper in 2024. The downtrend in industrial metals vs. the uptrend in precious is a global recessionary trajectory, which may not end until after a period of central-bank easing."
The full report is on the Bloomberg terminal here: https://blinks.bloomberg.com/news/stories/s4vtnadwlu68 {BI COMD}
Bloomberg Intelligence
#gold #copper #metals #macroeconomic