Bank of America raises gold forecast by a whopping $1,000 to $3,000 because of zero rates

Due to the unprecedented monetary policy from central banks and fiscal policy as government double their balance sheets, the firm sees gold becoming a precious asset.
— Read on www.cnbc.com/2020/04/21/bank-of-america-raises-gold-forecast-by-a-whopping-1000-to-3000-because-of-zero-rates.html