Analysts Pile on the Gold Bull
Gold’s recent move above $900 has analysts scrambling to increase their price targets.
The last time I looked at gold price targets from analysts was in early December, when a similar flurry of activity took place. Morgan Stanley got the ball rolling by saying that gold could reach $1,000 in three years, Merrill Lynch followed with [...]
Analysts Opinions on Gold
Recently published commentary from analysts at Citigroup and JP Morgan both paint a bright picture for the future of gold. Citigroup specifically mentions the $2,000 level as attainable. JP Morgan recommends buying gold for the run into the holidays.
The Citigroup report runs down many factors that are well known to gold investors. Citi mentions the [...]
