Commodity Trade Mantra

Posts Tagged ‘GDP Forecast’

Gold Prices Higher On Slowing Global Economy and Geopolitical Tensions

Gold prices jumped last week when World Bank released its report regarding the global economy, slashing its global GDP forecast on weaker outlooks in the US & elsewhere. Gold prices have now hit their highest in nearly three weeks as escalating turmoil in Iraq and Ukraine resulted in fresh safe-haven buying.

Goldman Explains What Must Happen For The "5 Year Bull Market" To Continue

S&P 500 celebrated the 5 year anniversary of the current bull market by slipping almost 2% this week. We identify key drivers of the 178% or 1200 point market rally since the bottom at 677 on March 9, 2009 & also consider how the 3 drivers might change in the future. Our 2014 target remains 1900.

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