Gold Could Surge Past $2,500/oz If Middle East Tensions Worsen, Bringing Bitcoin to $100k
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Gold prices surged past $2,000/oz and could see $100+ daily gains if Middle East tensions escalate further.
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There is a 20% chance the Israel-Hamas conflict spirals into an "unmitigated disaster" worse than 2008 and 2020.
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In a best case scenario, gold still hits $2,500/oz; in a worst case, gold sees $100+ daily surges like March 2020.
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Bitcoin will likely follow gold's gains if a crisis happens; target $50k-$100k if tensions calm.
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The Fed is done hiking rates to avoid breaking the bond market, so monetary easing is coming.