"Fed Can't Print Gold": BofA Calls Gold "Ultimate Store Of Value", Raises Price Target To $3,000

As central banks and governments double their balance sheets and fiscal deficits respectively, we have also decided to up our 18m gold target from $2,000 to $3,000/oz.

"Fed Can't Print Gold": BofA Calls Gold "Ultimate Store Of Value", Raises Price Target To $3,000