BoA said be prepared for $190 Crude and 3350 Gold

[phantom_opera]

BofA Sees US Fed Assets Surpassing $5 Trillion By End Of 2014... Leading To $3350 Gold And $190 Crude

[phantom_opera]

PIMCO ‏@PIMCO
Gross: #Fed to buy mortgages ‘til the cows come home. Think 7% unemployment, 2.5% inflation targets. Buy real assets…gold…a house!

If Gold at 3,350 ... and Dow Gold ratio is 8, that means Dow at 26,800

If Dow gold ratio at 6, Dow will still be above 20k

[kane]

The projected line a bit exaggerating lah.

[latour]

Already in position for Oil and Resources including Gold and precise metals

[phantom_opera]

They assume bond buying of 45b pm to continue, on top of 40b mbs