They were pushing $1050 low forecast a few years back, now adjusting the end date. I think they are crazy optimistic on US economy
3 rate hikes in the US when they're kicking and screaming for more inflation while the only other 2 central banks that really matter are negative and going more negative and China is a bakery case? I'm not making gold forecasts but if the fed raises 3 times in '16 without the dow going below the 15k handle (1499 or lower) I'll [ENTER RIDICULOUS BET FORFEIT HERE]. They could raise 3 times, that's in their power, but the DXY at 120 and the DJ at 14,000 during an election year...well think Red Dawn except everyone with a 401k thinks they're the wolverines and each band of rag tag militias has a different idea of who the enemy is. I'm gonna be there for a while in summer/autumn, gonna be very interesting.
Goldman Sachs don't make any money if their clients buy gold - they make money if their clients buy stocks and all sorts of derivative crap they manufacture
It's all FUD. trying to dirty a vibrant phyz AU market, they have been saying back to $400 and $600 for years. But physical keeps breaking new records. Who cares what the corporate media spouts about there owners.... It's all just FUD
SP I just looked at your averages.... (sorry they were hanging out) Roughly you post on average 13 posts a day If you continue this till you hit the 2 year mark in the 20 days left till this mark you will miss out on 10k posts before then by about 400 You need to ramp it up!! by 20 posts a day... Then you will break some kind of record with 13.7 posts a day est average
I would agree on the worldwide panic with the USD at 120 and I think it will get to that price. Dow 14,000 is kind of meaningless as the Dow has only been above that price since late 2013. If Bloomberg gets into the US Presidential race, the US House of Representatives might end up selecting the next US President. The FBI is likely going to recommend indicting Hillary Clinton and the Republican primary might as well be a reality tv show. Forecasting anything in the US economy right now is a fools game. Once there is clarity on those three items, it will be much easier to figure out what is going to happen.
way to go silverpete. for someone who appears to have an interest in gold/silver and supposedly trades a bit you have a remarkable talent for posting stuff which can possibly turn away new buyers of PMs. wonder why that is? yesterday was a defending the crime syndicate article by a well disguised alternate media site which pushes MSM propaganda; today is this suggesting gold will go nowhere or down. (anyone who blindly believes either bloomberg or goldman is a fool). what's for breakfast tomorrow?
Seems you are a bit selective and never notice my pro-PM postings. Anyway, this is not a propaganda forum, not a PM pumper site, and certainly not SilverDoctors. Plenty of people have been burned after falling for their rubbish.
Goldman doesn't make announcements into the media to inform or assist those that read them - Goldman makes announcements in order to direct people into the direction that most benefits Goldman Sachs. Their "media announcements" are designed to manipulate, not inform.
I have it on good authority that there is no SilverPete. He is actually a team of about six people which trolls this and other forums on behalf of GS. Only one ever turns up at meetings, but he is vague about his posts as he is basically illiterate. He is only trotted out because of his remarkable good looks!
Also have team members participating from Labor and the Greens. The handsome SilverPete you see at meetings is the love child of Tony Abbott and Bronwyn Bishop (which explains the periods of mental retardation and psychosis.)
