Bank of America loses faith in U.S. bonds and recommends moving into gold amid concerns that markets won't be able to absorb new U.S. debt
Concerns persist regarding the U.S.'s financing needs and their impact on the U.S. Treasury bond market. Analysts believe that gold may become the primary safe haven.
They have confirmed a target of $3,000 per ounce of gold by the end of next year, implying an 11% potential increase.
Follow MM on Telegram
Concerns persist regarding the U.S.'s financing needs and their impact on the U.S. Treasury bond market. Analysts believe that gold may become the primary safe haven.
They have confirmed a target of $3,000 per ounce of gold by the end of next year, implying an 11% potential increase.
Follow MM on Telegram