BOA Reiterates Why Uranium Now, and Why Gold in 2024
BOA’s RIC just released report in which they reiterate reasons Gold is on their radar for 2024, Uranium is in their recommendations now
Attached:
Why Real Rates Matter to Gold this year
Uranium’s 3rd Bull Market
BOA Reiterates Why Gold in 2024 and Uranium Now
[BOA’s Complete Gold and Uranium commentary]
Gold
Peak rates? Study up on gold Gold ended 2023 notching +13.4% returns, outperforming most commodities and fixed income. Lower real rates and a weak dollar provide continued support for owning the yellow metal.
Ahead of a highly anticipated cutting cycle, understanding the dynamics of gold pricing will be beneficial for identifying entry points for owning a well-tested hedge.
[NOTE: We covered that extensive gold analysis prior in three First, second, and third commentaries on that BOA work].