Goldman holds a $2,300-per-ounce price target for gold, implying a 22% rally from current levels over the next 12 months. Such a bounce would also place bullion at an all-time high.

Hong Kong is 8,000 miles from the U.S., but that did not stop the U.S. government from disallowing U.S. banks from transacting with eleven Hong Kong officials it sanctioned.

SBTV's latest guest is Alasdair Macleod, Head of Research at Goldmoney. We discussed the rise of zombie banks in Eurozone and the devastating fallout of the impending collapse of the debt-laden TARGET2 settlement system on the rest of the world.

We are joined on Metal Money by Gareth Soloway, President & CFO of InTheMoneyStocks.com. Don't miss Gareth's compelling analysis of how gold is repeating past price patterns and the case for $2,800 gold in the short-term.