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$3,000 Gold Price Forecast from Merrill Lynch/BOA
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<p>[QUOTE="GoldFinger1969, post: 17177721, member: 73489"]The lead <b><i>"UP & DOWN WALL STREET" </i></b>column in BARRON'S this week by Randy Forsyth is about gold.</p><p><br /></p><p><b><span style="color: #0000ff">Highlights:</span></b></p><ul> <li><span style="color: #000000">Only time since gold was unfixed in price that it outperformed the stock market in a quarter (this was for the Q4 2022 period).</span></li> <li><span style="color: #000000">Only 6% below ATH.</span></li> <li><span style="color: #000000">Gold has risen in 10 of the past 12 weeks and 5 straight.</span></li> <li><span style="color: #000000">Investment firm Strategas getting more inquiries about gold in recent months than in years.</span></li> <li><span style="color: #000000">Crypto off to good start in 2023 along with gold so gold's ascent is NOT on the backs of crypto rubble.</span></li> <li><span style="color: #000000">Lots of geopolitical risks inside and outside the U.S. in 2023 (debt ceiling, Ukraine) that can move gold up.</span></li> <li><span style="color: #000000">Saudi Arabia willing to sell oil in currencies other than the dollar.</span></li> </ul><p>[/QUOTE]</p><p><br /></p>
[QUOTE="GoldFinger1969, post: 17177721, member: 73489"]The lead [B][I]"UP & DOWN WALL STREET" [/I][/B]column in BARRON'S this week by Randy Forsyth is about gold. [B][COLOR=#0000ff]Highlights:[/COLOR][/B] [LIST] [*][COLOR=#000000]Only time since gold was unfixed in price that it outperformed the stock market in a quarter (this was for the Q4 2022 period).[/COLOR] [*][COLOR=#000000]Only 6% below ATH.[/COLOR] [*][COLOR=#000000]Gold has risen in 10 of the past 12 weeks and 5 straight.[/COLOR] [*][COLOR=#000000]Investment firm Strategas getting more inquiries about gold in recent months than in years.[/COLOR] [*][COLOR=#000000]Crypto off to good start in 2023 along with gold so gold's ascent is NOT on the backs of crypto rubble.[/COLOR] [*][COLOR=#000000]Lots of geopolitical risks inside and outside the U.S. in 2023 (debt ceiling, Ukraine) that can move gold up.[/COLOR] [*][COLOR=#000000]Saudi Arabia willing to sell oil in currencies other than the dollar.[/COLOR] [/LIST][/QUOTE]
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$3,000 Gold Price Forecast from Merrill Lynch/BOA
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