Once again readers are directed to two posts written by me – on info.sharpspixley.com and on seekingalpha.com.
The first on the Sharps Pixley site looks principally at the American bank/brokerage’s predictions for gold and silver prices. It describes these as ‘a more bullish view on bullion’, but as with most forecasts by bank analysts they are cautious and an ardent gold or silver investor probably wouldn’t see them as bullish at all with a predicted average gold price for the year lower than the current spot figure.
See: BoAML looks for higher gold price and silver prices but….
The Seeking Alpha article focuses more on BoAML’s main Nortyh American gold and silver stock recommendations which includes one in each of the senior, mid-tier and intermediate producer categories, as well as a couple of additional buys. It also picks out the top three North American streaming/royalty companies as positive buys.
See: Bank Of America Merrill Lynch Picks Its Top Gold and silver stocks.