The two Deutsche Bank charts below show gold’s upside surge still has room to run.
September 25 (King World News) – Ronnie Stoeferle: DB (Deutsche Bank) on gold recently:
“From a positioning standpoint, we point out that developed market ETFs are still 17 million troy ounces lower than the 2020 peak (Figure 3), and speculative futures positioning is not extended on the 1y and 2y lookbacks (Figure 4).”
King World News note: This is one more chart from Deutsche Bank on the gold market:
KING WORLD NEWS NOTE: Total ETF Gold Holdings Remain 17 Million Ounces Below Their 2020 Peak Despite Record High Gold Prices
Her Gold Price Predictions Have Been Deadly Accurate
Nomi Prins: “I think what’s happening in gold, and you’re right I did recommend all of those forecasted points on gold. We’ve hit them. I just put out a piece yesterday about the case for gold going into the final quarter of 2025 and moved my price prediction up to… CLICK HERE OR ON THE IMAGE BELOW.
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