Barron's: J.P. Morgan Has Been Right About Gold for 2 Years. Here's Their 2025 Call
Article by Avi Salzman in Barron's
For two years, J.P. Morganstrategists have urged investors to buy gold, and for two years they have been right. On Tuesday, the bank predicted a triple crown, saying gold is once again the top commodity to buy.
“Gold still looks well situated to hedge the elevated levels of uncertainty around the macro landscape heading into the initial stages of the Trump administration in 2025,” wrote a team led by Natasha Kaneva, head of global commodities strategy.
Gold’s extended rally is reminiscent of the late 1970s, another period when inflation was a persistent problem. The price has .....