The Fed cannot print gold, unlike every other asset. Bank of America has caught up with where we have been for the past few years. Predicting $3000per ounce as early as this year. As central banks and governments double down on their gold holdings, we believe it’s clear now that even Wall Street’s agenda is lining up with all of us who have been calling that the biggest winner of the central bank gold buying spree will be Gold. Main stream media is quick to let us know inflation isn’t going anywhere — but prices certainly are. The Consumer Price Index is consistently higher with each report. A closely watched metric of the US economy, rose by more than forecast to a 40-year high in September. The hard cold truth is … [Read more...]