(Kitco News) – Gold is massively oversold by every meaningful metric and is likely to set a cyclical bottom before September, while currency debasement is the fundamental driver that will push gold to its next all-time high, according to Paul Wong, managing partner and market strategist at Sprott Inc.In a recent interview, Wong told Kitco News that gold tends to find support when prices fall to 90% of the 200-day moving average – and we've well overshot that at this point – but there are other reasons to expect a rebound by late summer.

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