Gold to reach $3000 – 50% above its record, Bank of America says

Bloomberg/Elena Mazneva

graphic image of '$3000 gold' in gold“Bank of America Corp. raised its 18-month gold-price target to $3,000 an ounce — more than 50% above the existing price record — in a report titled “The Fed can’t print gold.” The bank increased its target from $2,000 previously ……”

USAGOLD note:  A very bullish forecast from Bank of America – one of the most bullish we have seen from a mainstream financial firm ……


Repost from 4-22-2020

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