
"Fed Can't Print Gold": BofA Calls Gold "Ultimate Store Of Value", Raises Price Target To $3,000
Bank of America raised its 18-month gold-price target to $3,000 an ounce, in a report titled “The Fed can’t print gold.”
Read articleBank of America raised its 18-month gold-price target to $3,000 an ounce, in a report titled “The Fed can’t print gold.”
Read articleMine closures and selling restrictions are causing shortages of precious metals in the retail sector, but ETFs are experiencing large inflows of funds. Where do they get the gold, if at all?
Read articleGold exports from Switzerland to the U.S. soared in March as American investors rushed to buy bullion amid the virus-driven panic.
Read articleAs I have outlined in many articles, stocks, bonds and property will lose 90-99% in real terms, against gold, in the next few years. Many bonds will lose 100%. And paper money will lose 100%.
Read articleCentral banks continued their gold-buying spree in February, although the pace of gold purchases has slowed compared to last year’s near-record purchases.
Read articleBearish rising wedge appears not to have been valid. The bullish H&S trumps it.
Read articleComparing the 1970 gold bull market to the current gold bull market. Potential gains of 4x are right in front of us.
Read articleA Hyperinflationary Depression has always been the inevitable end to the biggest financial bubble in history. And this time it will be global. Hyperinflation will spread from country to country like Coronavirus.
Read articleWith the ongoing financial meltdown, demand for precious metals has exploded while at the same time, supply has abruptly dried up. Prices will not stay long at current levels. Expect some great surprises in May-June.
Read articleWhat's the point of holding dollars (paper) if you can't buy physical gold ? It's a bit dangerous to think that one will be able to time exactly when to make the move from dollars to physical gold.
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