The new gold rush is here.

With central banks flooding the global economy with stimulus, there’s no doubt gold could hit $3,000, even $5,000 in the next 18 months. Plus, with new economic uncertainties with a “second wave” of the coronavirus, coupled with tensions with China, and even upcoming U.S. elections, gold prices will only accelerate higher.

“As economic output contracts sharply, fiscal outlays surge, and central bank balance sheets double, fiat currencies could come under pressure,” argue analysts at Bank of America.

“Investors will aim for gold.”

Goldman Sachs says we’ll see $2,000 an ounce in the next 12 months on low real interest rates and currency debasement concerns.

Elliott Management’s Paul Singer says gold is “one of the most undervalued” assets available and that its fair value is “multiples of its current price.”

Greenlight Capital’s David Einhorn says, “We believe the implied negative interest rates are bullish for gold and for unlevered real assets with pricing power.”

Some analysts are even calling for $5,000 gold.

Billionaire Thomas Kaplan, chairman and chief investment officer of Electrum Group says:

“I do believe gold embarks on the next leg of its bull market and goes past $1,900 and ultimately $3,000 to $5,000, if not a lot higher, depending on macro circumstances that today seem dim but I can’t really quantify.”

The Cheap Investor is working on its Hot List of gold stocks you may want to consider now with gold now up to $1,768 an ounce.

Stay tuned for that report shortly.