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The 'debasement trade' has driven gold to new heights. Wells Fargo's bull case calls for $8,000 an ounce

Summary by CNBC
"We're in the 4th debasement cycle that started in 2022," wrote Wells Fargo Securities' Ohsung Kwon.

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  • 100% of the sources are Center
100% Center

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CNBC broke the news in United States on Thursday, April 16, 2026.
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