Gold’s next act – Felix Zulauf says precious metals will rise on debt worries, geopolitical tensions
Felix Zulauf believes gold will head higher in the latter half of this decade, supported by geopolitical tensions and government debt.
“I think we are coming to the end of tighter money. We will see a U-turn by the Fed in the spring. Precious metals are beginning to discount that,” said Zulauf.
Over the medium term, gold isn’t great. The eight-year cycle in gold, which saw a top in 2020, points to a cyclical low in 2024, said Zulauf. After that, the metal should run due to geopolitical tensions and government debt loads.