by JL Yastine
The Sovereign Investor
I have some really bad news to tell you. You know those big investment banks … the ones that just can’t wrap their heads around gold?
It turns out that they don’t hate it so much anymore. In fact, a few of them even love bullion now.
Imagine turning on CNBC last week and seeing a top strategist at JP Morgan expounding on the wonders of gold — “$1,400 an ounce is a cinch for 2016.”
But, wait a minute, why is this bad news?
Because it means that the great, glorious gold bull-market blastoff — the biggest such rally in 25 years — will soon take a well-deserved (though temporary) rest…