June FOMC Fateful Day.. Gold Price Direction Decides. 'Unprecedented Rise Scenario Continuing Until 2030' | Stackers CEO Jo Gyu-won

Summary

Stackers CEO Jo Gyu-won discusses the recent 16% gold price correction, arguing it is a normal pullback within a long-term bull cycle driven by tight supply, strong central bank buying, and deglobalization. He expects the gold rally to persist until at least 2030, with the June FOMC decision as a key catalyst. The conversation also covers parallels to 1974, the impact of real interest rates, and structural constraints on gold mining.

• Gold's 16% correction is historically normal and not a cycle end.
• Gold supply is structurally constrained by long mine development timelines and ESG regulations.
• Central bank gold buying hit 244t in Q1, matching a typical annual pace.
• De-dollarization and geopolitical instability are driving secular gold demand.
• A rate hike driven by inflation fears could trigger gold rallies, mirroring 1974.
• June FOMC is the key near-term catalyst for gold direction.
• Gold's bull cycle likely extends to 2030–2032 due to supply timing.
• Real interest rates, not nominal rates, are the primary gold price driver.