According to @KobeissiLetter, US consumers now expect gold prices to rise 6.0% over the next 12 months, the highest reading in at least 12 years. According to @KobeissiLetter, this is a 1.5 percentage point increase since January and compares to a pre-pandemic average near 2.5%. According to @KobeissiLetter, Americans now expect gold price gains to double the US inflation rate, with rising deficit spending, geopolitical instability, and economic uncertainty cited as key drivers.