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>> COMMODITIES Latest News

OCT 08, 2013 - Zero Hedge

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Goldman Says Gold "Slam Dunk" Sell, Ready To Buy All Its Clients Have To Offer

Goldman, which is the hedge fund best known for originating prop order flow in the opposite direction of what its sellside "research" team tells its clients to do (see Tom Stolper), has never been clearer on gold: "Gold is slam dunk sell for next year because the U.S. economy will extend its recovery after lawmakers resolve stalemates over the nation’s budget and debt ceiling, Goldman Sachs Group Inc.’s Jeffrey Currie said." How the economy will expand, especially with the Fed supposedly tapering (even though everyone saw what happened to markets and the economy at the mere mention of ... Read More

Tags: Goldman Says Gold "Slam Dunk" Sell, Ready To Buy All Its Clients Have To Offer,  Commodities Latest News