Commodity Trade Mantra

Posts Tagged ‘Lower Gold Prices’

Goldman's Call To Short Gold, 5 Days After Saying Gold May Soar Much Higher

Last Wednesday evening, Goldman decided to be the latest to piggyback on gold’s torrid momentum, by saying “there’s scope for the gold price to extend much higher over time.” Less than a week later, as the gold momentum has been briefly snapped, that Goldman’s head of commodities has decided to take the other side & is now advising clients to short gold.

Warnings From Exponential Markets vs Gold

For the past 15 – 40 years, debt and most markets have moved upward in exponential trends. Expect debt to increase, politicians and central banks to spend and “print” more. Can we borrow our way out of debt and into prosperity? Typical government and central bank actions indicate the usual answer is yes. A more realistic understanding, which is coming, will boost gold prices.

follow us

markets snapshot

Market Quotes are powered by India

live commodity prices

Commodities are powered by India

our latest tweets

follow us on facebook