Vince Lanci: Bank of America Says Gold ‘Could’ Hit $3,000 On Fed Rate Cuts

Arcadia Economics, Released on 7/5/24

Bank of America has a new report out suggesting that gold could move towards the $3,000 per ounce price on Fed rate cuts. Although as Vince Lanci talks about in today’s show, there are a few things that they left out of their headline. So he takes a look through the report, shares the key takeaways you can pull out from it, and also covers the daily precious metals news. To stay up to date ahead of the weekend, click to watch the video now!

Vince Lanci is Managing Partner at Echobay Partners LLC. Vince founded Echobay after a profitable career running CiS Options and Berard Capital. The firm is a vehicle for expressing his and “friends and family” personal investment ideas. Echobay also consults on market structure, risk management, and legal cases involving fraud in markets. Vince is also a regular contribute to ZeroHedge.com

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