This is the same institution that was accepting money from the Greek government to cook the books and give them advice while at the same time shorting Greek bonds.
As for the price of gold, I hope their short term forecast comes true. I'll be backing up the truck if it does.
Maybe so, but I think a lot people will move from gold to stocks as the economy "improves."
ReplyDeleteEventually yes. Gold will fly high. I just think it could easily drop quite a bit first.
Lysander
Wow. Does this tripe pass for news?
ReplyDeleteThis is the same institution that was accepting money from the Greek government to cook the books and give them advice while at the same time shorting Greek bonds.
ReplyDeleteAs for the price of gold, I hope their short term forecast comes true. I'll be backing up the truck if it does.
Bet you dollars to donuts (donuts are worth more) that G.S. is buying under the table with both hands...
ReplyDeleteMy immediate reaction to this news was that Goldman Sachs wants to buy more gold, and wants a cheaper price to buy it at.
ReplyDelete