Well what ever one might think of Goldman Sachs, there sell call has been perfectly timed. What i find most laughable was all the 'guru' talk about if GS really thought it was a short they wouldnt be telling the market to short (and hence they must be taking the reseverse side of the trade). Well here is some news for those people, not only have you sucked in some innocient buy money from your reputation (which will have now shrunk in the last 48 hours). But you obviously havent done your homework, GS got caught in the GFC, had to take up a 'banking license' to get bail out protection from the fed, in return they had to haul in their trading operations. GS trading operations is a shadow of its pre-GFC self. Times change boys and girls, one needs to keep acquainted with the times.
Sprott also did his homework. Didn't hear much about it. Rang more bells than GS. Now sprott is buying silvermines...
