Bank of america, together with Goldman sucks, JP morgan, citigroup are the shareholders of the FED (yes newbies the FEDeral reserve is a private bank with shareholders)
and this report must be taken very seriously, if an offical BOA guy says gold will get to $7,000 than they think it will get to $10k at least, why would one of the shareholders in the FED (which openly hate gold) put out a report that says gold will get to $7,000??
Why wouldnt they put out a report that says gold worth $800?
They must think the whole system is doomed, or they think $7,000 is a gross UNDERstatement of where gold will eventually end up.
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