CovOps
Location : Ether-Sphere Job/hobbies : Irrationality Exterminator Humor : Über Serious
| Subject: GOLDMAN: Gold Is A 'Slam-Dunk Sell' When The Government Shutdown Is Over - LOL Thu Oct 17, 2013 6:11 am | |
| During a panel discussion at the Commodities Week conference in London today, Jeffrey Currie, head of commodities research at Goldman Sachs, called gold and other precious metals a “slam-dunk” sell once the current fiscal crisis in Washington is resolved. Whitney McFerron at Bloomberg News has the comments: “Once we get past this stalemate in Washington, precious metals are a slam dunk sell at that point,” Currie said. “You have to argue that with significant recovery in the U.S., tapering of QE should put downward pressure on gold prices.” Goldman has long been bearish on gold prices, especially as long-term interest rates have risen in 2013.
http://www.businessinsider.com.au/goldman-sell-gold-after-fiscal-crisis-2013-10 |
|
RR Phantom
Location : Wasted Space Job/hobbies : Cayman Islands Actuary
| Subject: Re: GOLDMAN: Gold Is A 'Slam-Dunk Sell' When The Government Shutdown Is Over - LOL Thu Oct 17, 2013 5:42 pm | |
| That might have been a devious tactic, and they actually bought instead. |
|
CovOps
Location : Ether-Sphere Job/hobbies : Irrationality Exterminator Humor : Über Serious
| Subject: Re: GOLDMAN: Gold Is A 'Slam-Dunk Sell' When The Government Shutdown Is Over - LOL Thu Oct 17, 2013 6:13 pm | |
| Absolutely!
They've been known to do that in the past...
Fuck 'em! Retards! |
|
Sponsored content
| Subject: Re: GOLDMAN: Gold Is A 'Slam-Dunk Sell' When The Government Shutdown Is Over - LOL | |
| |
|