Societe Generale

Societe Generale is one of France's largest banks with a worldwide presence, so they aren't some fly-by-night operation. For a mainstream investment bank to release this to their clients is astonishing. Investment banks don't make money by pitching gold--they don't earn fees from gold purchases by the investing public (they earn a commission when investors buy gold equities, but that is a disproportionately small sector--which, by the way, works to our advantage when the public rushes in and bids up prices of gold mining shares).

http://www.telegraph.co.uk/finance/economics/6599281/Societe-Generale-tells-clients-how-to-prepare-for-global-collapse.html

One-by-one, major investment banks will tout gold, driving up prices going forward. Bank of America's Merrill Lynch became a gold bull last week.

I'm waiting to see when Dave Ramsey pumps up gold--that would signal a market top. Until then, I'm going to watch the fireworks in the COMEX precious metals pit.