When people are nervous about the future, they turn to gold as a financial safe haven. And let's face it. It's been nearly a century since Americans have been this worried. Over 44 million Americans have lost their jobs, $6 trillion has been printed and injected into the economy and the recession we are in right now, well, things are going to get worse before they get better... Don't forget the upcoming election and rising government debt.
According to a recent report from Bank of America titled "The Fed Can't Print Gold," gold could soon reach $3,000.
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