From Future Money Trends...
"Bank of America just issued a lengthy report to its RICH CLIENTS raising the target price from $2,000/ounce to $3,000, which is a 50% UPGRADE.
Apart from that, it makes buying gold sound MUCH MORE ATTRACTIVE.
From $1,700 to $2,000, the potential return is 17.6%, WHEREAS $1,700 to $3,000 represents a 76.2% increase, which is 4.5x more, and that is a game-changer!
Gold has proven itself in 2020 EVEN while oil has become a commodity in DISTRESS. CEOs of mining giants are probably hedging these LOW ENERGY prices, and that's going to serve them well in the coming months and years.
The bottom line is that Wall Street now recognizes that gold is BOTH in a sustained UPTREND and that it's CRUSHING all other asset classes in this environment, as you can see below.
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