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Golden Showers As Goldman Tells Clients To Sell Gold
by alexoscarew | December 5, 2012 at 11:43 am
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http://newsdoors.blogspot.com/2012/12/golden-showers-as-goldman-tells-clients.html
It's around that time of day again - when precious metals are sold hard for whatever reason you care to come up with (collateral requirements, margin calls, alchemy perfected). However, today there is a more mundane reason: Goldman Sachs has suggested its clients sell Gold on the basis that the gold cycle will turn in 2013 thanks to improving US growth offsetting the need for further Fed easing. Of course, Goldman telling its clients to 'sell gold' means Goldman is...
http://newsdoors.blogspot.com/2012/12/golden-showers-as-goldman-tells-clients.html
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