Governments around the world are still pursuing quantitative easing and interest rates are at recession-era lows. Inflation is about to ramp up. There's no point keeping money in cash.
As a result, it will continue flowing into equities, gold, and bitcoin. IMO POG will probably increase over the next few years, not just because it is a great place to put assets, but because gold is a useful metal which will be required for electronics that help to run EVs, mobile phones, tablets etc.
We are entering a commodities super cycle which will drag gold along for the ride.
POG, page-9
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