(Kitco News) – There’s a reasonable case to be made against gold’s continued appreciation, but that case is still incorrect, according to the senior brain trust at J.P. Morgan.“Gold has had a ferocious rally over the last five years, skyrocketing over 170%, wrote Kriti Gupta, Executive Director of J.P. Morgan Private Bank, and Justin Biemann, Global Investment Strategist. “There’s a laundry list of reasons why, but the biggest driver may be a new era of geopolitical volatility and fragmentation incentivizing investors to buy the precious metal.”
