$SHELL Bank of America just dropped a forecast that’s forcing markets to pause: gold at $6,000 per ounce by mid-2026. That’s nearly a threefold move from current levels — and it isn’t framed as speculation.
It’s a signal.
The drivers behind it are structural, not emotional.
Central banks are steadily accumulating gold as confidence in fiat systems erodes. Global debt continues to balloon to levels that make traditional asset assumptions fragile. At the same time, geopolitical fault lines across the Middle East, Asia, and Europe are deepening, pushing demand toward assets that don’t carry counterparty risk. Add a U.S. dollar showing early cracks, and gold starts to look less like a hedge — and more like insurance.
For investors, the implications
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