European Natural Resources Fund: Rough estimates suggest that the gold bull market can last at least another 2 years

Li Gangfeng, an analyst at the European Natural Resources Fund, stated that the gold bull market is expected to last at least another two years. Despite most commodities entering a bear market, gold remains strong due to robust demand in the physical market. Li Gangfeng recommends strategies to be adopted after the financial markets stabilize, including shorting base metals, shorting U.S. stocks, going long on the gold-silver ratio, and holding gold and cash. The global central banks' gold purchases in the first quarter will impact the gold price performance in the second quarter. The Federal Reserve is facing dual pressures of inflation and unemployment and is not expected to cut interest rates on non-meeting days