Meme Alert: GOLD $3,000

(Business Insider)   Gold futures settled at $1,576/oz, down around 1 percent for the day.  This month, gold dipped its toes into bear market territory.

But we’ve heard at least four big names talk about gold heading to $3,000.

Gluskin Sheff’s David Rosenberg told the Financial Times that gold “will go to $3,000 per ounce before this cycle is over.”

Sean Boyle, CEO of mining giant Agnico Eagle expects gold to pass $3,000 within 24 months.

Bank of America Merrill Lynch’s technical analysis team has argued for $3,000 and $5,000 gold in recent day.

Full article here

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