Clocktower Chief Strategist Kevin Wang: The fundamentals of the gold bull market remain unchanged, and the potential for silver is even more promising

On December 19th, at the "Alpha Summit" co-hosted by Wall Street Insights and the China Europe International Business School, Clocktower Chief Strategist Kevin Wang stated that the fiscal expansion of major Western economies and the eventual path of debt monetization will continue to erode the credibility of fiat currencies. The current market pricing of the probability of a return to the gold standard remains relatively low, and the long-term bullish foundation for gold still exists. He believes that, from the perspective of technical breakthroughs and market capitalization capacity, silver has greater potential for price increases than gold, and pointed out that if turmoil occurs in the global bond market, a large amount of capital seeking safe-haven assets may ultimately push central banks towards the silver market