Abstract: The bull market for gold,like other core assets,is a bull market driven by the global integration and the rise of finance in the cycle of the great integration,and it will continue.

Just now,New York gold jumped,setting a new historical high,reaching the highest at $2,527.3 per ounce.

Body: Why is gold in a bull market?

The global currency integration is underway,driven by the era of the rise of great powers.

The more core the asset,the higher the probability of its current strength.

Gold is one of the hardest currencies,and the currencies of smaller countries are now facing the impact of global integration.

To put it intuitively,if we consider all global currencies as an industry,this industry is integrating into a major leader,and small currencies are like small businesses,to be fully swallowed up by the leader.

It can be likened to a currency war,but it is also a natural process of development.

All industries are like this,and countries are too.

No matter how big the world is,the core will never be too many.

Unity is a principle that the Chinese understood 2000 years ago,and now we are just replaying it again and again.

Opportunities lie in these replays.

Due to the marginalization of small country currencies,Argentina and more than 20 other small countries have basically abolished their own currencies,positioning the US dollar,gold,and even digital currencies as legal tender.

The main reason is fear of impact.

Argentina is not a small country,but their president is very realistic.

Since the economy cannot support the currency value,then abolish the legal tender and fully dollarize.

The world is still in the competition among great powers,with the United States,India,Russia,Europe,the African Union,the Association of Southeast Asian Nations,and our country,among many other major economic circles competing.

And currently,the United States is the strongest,our country is following up,and other countries are still working hard.

And Africa,because it wanted to create an African currency,Gaddafi himself was killed.

As more and more small country currencies collapse,the rise of gold will gain more support,of course,including the US dollar.

The continuous rise of the US dollar,and even the rise of digital currencies,are driven by the rise of the great integration of major country currencies.

The United States is desperately issuing debt,but there is no worry about bankruptcy,which is supported by the strong US dollar.

As the United States expands its territory,the power of the US dollar expands.

Small countries actively exchange for US dollars,exchange for gold,thereby promoting the strong dollar hegemony.

Gold may rise to $3,000 per ounce by the end of the year due to Europe's active support for the Russia-Ukraine conflict,and at the same time,it is constantly stirring up trouble in the Middle East,disrupting the development of the Middle East.

Small country currencies will be very painful,and the impact of devaluation will expand.

Under the influence of the global economy,each small country is unable to support its own legal currency and can only surrender.

For Middle Eastern oil powers,the Middle East has the conditions to become the next Europe,but it needs strong military strength to back it up to achieve it.

And Europe is most afraid of being replaced by someone,and that someone is right next door.

Note that the Middle East is not far from Europe.

The Federal Reserve's interest rate cuts,impacting global interest rate cuts,the tide of devaluation is beneficial to gold.

At the same time,if Trump takes office,even if he does not support conflicts,he will vigorously promote major infrastructure construction,and renovate the United States comprehensively.

Trump often complains that the infrastructure of the American capital is like the third world.

And the residents of the United States also need local infrastructure to promote.

Because foreign wars,for them,do not have too many job opportunities.

Therefore,the expectation of gold's bull market will continue,and it is not impossible to rise to $3,000 per ounce by the end of the year,because this kind of hard currency is one of the most popular currency attributes after small country currencies are integrated.

The future world will not have a bunch of currencies,a few major currencies are not bad,and other small currencies are basically a waste of resources.

This is the law of integration and unification of all industries.

The bigger the efficiency,the stronger the ability.

Just now,Guizhou,Hubei,and Dalian announced the cancellation of the gold exchange on the same day.

This year,more than 20 places have canceled the gold exchange.

This also shows that our country has seen the role of gold,and needs to integrate and control the safety of gold.

To avoid chaos and promote the great integration and rectification.

The overall development of gold is also beneficial.

The world is accelerating the great powerization,and the capital market will also be great powerized.

For the stock market of great powers,the overall direction is the most ideal layout direction for small countries around the world.

At the same time,it is also the best direction for all kinds of funds to find opportunities.

As the stock market of a superpower,A shares have been weak and falling,and will also attract a lot of attention from funds because of the opportunity to fall.