One of the standout features of this year’s gold and silver rally has been how frequently the major banks have had to update their price targets. Which is especially noteworthy, because while the gold and silver markets have been waiting to see when western institutional investors are going to finally get involved in the rally, this is what those funds are reading.
So now that the ECB and other central banks have already begun cutting interest rates, and the Fed is likely less than a week away, we now have Japan’s largest bank (MUFG) with one of the first calls for $3,000 gold. Which they anticipate by next year.
Vince Lanci is with us as always to go through the report, and the other important precious metals and political news on this Friday the 13th. To find out more and get caught up to speed, click to watch the video now!
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