The Fast Money traders always enjoy hearing from you. Following are your questions about Bank of America, gold and more. Here's what they had to say!
Q: BAC gold crossed. Thoughts going into earnings?A: "Of all the banks, Bank of America seems the most challenged," replies trader Brian Kelly. "They still have balance sheet issues. If I was going to buy any bank into earnings, it would be JPMorgan. It’s best of class.""I think BAC is a great trading stock but I wouldn’t own it long-term," adds Guy Adami. (He also suggests reading a recent article in Rolling Stone about BAC written by Matt Taibbi. ( Click here to check it out !)
Q: Where does gold stop if QE3 is not implemented. Is that priced in? What are the key levels in GLD. Thanks!
A: "I think gold goes higher in any circumstance save if you hear a central bank is going to sell gold, but we see not hide nor hare of that," replies Guy Adami. "I’m a big gold bull. I think it goes significantly higher. QE3 or not, what’s happening in the world sets up well for gold."
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