If "bull market history" repeats, will gold prices surge to $6,000 next spring?
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Bank of America’s Hartnett pointed out that although gold prices have surpassed $4,000, structural bulls in gold remain scarce. The policies of the new Federal Reserve Chairman and the upcoming gold revaluation may drive devaluation trades. Historical data shows that in the last four bull markets, gold prices averaged a 300% increase, which could mean that gold prices are expected to reach $6,000 by next spring
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