Everyone loves gold these days. Deutsche Bank sees $2,000 gold soon. And Citi says it could go to $2,500 in six months.
BofA, too -- the firm recently initiated a $2,400 target price for the shiny yellow metal since the Fed's announcement of open-ended bond buying.
However, BofA analyst Stephen Suttmeier thinks there's a case to be made that gold goes even higher than the bank's official call.
Everyone likes to pick a gold price number, but nobody really knows for sure what it's going to be. All I can tell you is that a free-market gold price has never existed in all of history...and if it was allowed to trade freely, the market-clearing price would make your eyes glaze over,
Silver also has a long way to go....if it could be allowed to trade freely we would see much higher prices too.
Al
