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lol, too funny isn’t it…put out an upgrade and get the clients to provide the buying for GS short positions….the game continues!
to “Neutral” is not much of an upgrade but yea …agree…looks like a nasty route down to me
They must still have investments left in the majors that they need to get rid off.
Yes the game continues, lets figure out our best options to profit from the game.
So, what does 1263 futures equate to in spot price?
Or is it the same?
That’s the price rick figures a bounce is coming?
Worth the read regarding GS miner update today:
http://www.traderdannorcini.blogspot.ca/2014/04/goldman-sachs-saves-gold-from-falling.html
the junior resource sector is dead
how low they go they could still go lower
the asbolute beating oil took today portends trouble
We shall see Enry Iggins!
GS upgraded miners this morning. That is what is holding miners up today.