>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, as policy makers across the globe unleash vast amounts of fiscal and monetary stimulus to help shore up economies hurt by the coronavirus.
>The bank said in a report last week that gold’s technical momentum could drive prices to an all-time high this year; in a new report published Tuesday, analysts have officially increased their bullish outlook, saying that gold prices could hit $3,000 within 18 months, a 50% increase from its previous forecast.
Fren's this is the start of the new global financial system that will be backed by gold, and not fiat debt to the Rothschild's. This is yuuuge. Bump.
Michael Thomas
Yeah, but can you still buy it?
Elijah Garcia
I dunno op
Brody Gonzalez
>(((Bank of America)))
Evan Martinez
Bump. Remember in February all the newfagz said shiny metal will be worthless in a pandemic, or whatever sci fi thoughts they had about raiding peppers and all the other non sense they were spouting out. I've always invested in gold and silver, because my ole man would buy an ounce of gold for every year I was on my birthday. He stopped at 18yo. I still do it for my son. He's 4yo.
In eighteen months you say? I hope the Jews don't get wind of this extreme, insider information!
Logan Sanchez
Maybe sell the silver and buy a new carpet Jesus christ
Dominic Nguyen
Silver will probably go up to, but the world's currencies are going to be backed by gold instead debt, fiat, or petro dollar. Sounds like they are pushing more stimulus to dilute the currency to accelerate the value of gold and transfer over to the new system. Rumour is there are two new systems trying to be instated. One is reverting back to the gold standard via the good guys/patriots, and the other system is Bill Gates satanic 5G micro quantum dot implant blockchain bullshit.
That is unrealistic. Changing the price of one object doesn't change the values of all of the others.
William Rogers
>Jew spotted. The next best thing to a Jew is a Leaf.
But seriously invest in Gold if you want but keep in mind there are extreme deflationary forces afoot in the near term.
>I'm still not selling. That's fine. It's good to have some precious metals. In my case it's less than 5% of my portfolio. I'm heavy on cash and cash equivalents.
