Why Goldman’s gold man recommends shorting gold
In just over 2 minutes Jeffrey Currie, head of commodities research at Goldman Sachs, explains why Goldman is sticking to its $1050 call for gold. He also gets into oil and a little bit on equities. The business cycle is a big player in the gold prediction.
Jeff is just being a mouthpiece for his boss “little lord Lucifer’s work, Lloyd Blankfein
ditto Martin…….
Everything about this guy ( mannerisms, body language, choice of words, eye contact ) says “I’m lying through my TEETH!”
Dallas I don’t know the guy personally and if that is how you assess a person via a 2 minute discussion on television then I would hate to be a friend of yours. People need to take emotions out of the equation that’s what gets people in trouble in there investments. You should never discount anyone’s opinion or ideas for the simple reason you did not hear go long gold, gold to the moon or gold miners the best investment in 2014. Believe me I use to listen to all those gurus in at kwn. Now that i reflect back what a waste of time. I lost money listening to them morons and cult like gold bugs. Keep an open mind. I don’t discredit anyone and respect everyone. That’s how this glen does it.
If you look at the Goldman Sachs filings on (GLD) product you gonna see that they actualy increasing their portifolio on gold by 39,45%. Why?
Peter i would not be suprised
glenfidish : This was not a “snap judgment” made in haste, nor was it based on what the man was saying, but rather the manner in which he was saying it. I have spent a lifetime observing people and listening to people. Call me immodest for saying this, but my powers of observation would make Sherlock Holmes envious. I have observed people long enough that I can spot “clues” from their behaviour as they speak that give me instant insight into their veracity, their sincerity, or their lack of said same. If you happen to be the disingenuous sort, yes you would hate to be a friend of mine, if you even somehow managed to become one.
Man,
Fair enough. I do believe by the way certain people have the ability to foresee, observe, assess, and have an intuition much more advanced then the average joe. If like me 🙂 you do have those powers as I see, use them to your advantage. What I mean personally is that sometimes you need to join them and play there game. As we all know the wealthy are comprised of 1,2,3 % of the world? This of course providing you don’t go against your principles, ethics and moral values. At least for me. Sorry for the rant..
Dallas I always appreciate yours and matts and all who contribute on here. Believe me I use every tool possible! And im always thinking about your 1224 call.. Do you still believe we hit it?
Commodity manipulators like the Rothschilds owned Goldman Sucks cabal should be jailed. In places like China, they’d execute them for their financial crimes, which would be more appropriate considering the scale of their crimes. Since the banksters run the government here in the US though, they never get more than a small fine which amounts to nothing more than a “cut” for the government criminals.
Yes, the crimes are government masters and bankster criminals commit are perfectly legal because they write the law and its we the peasants who always pay the price.
We have a government of the criminals, by the criminals for the criminals and it is by far the greatest criminal enterprise the world has ever known.
It is so successful that the people it rules love it and instinctively turn to it for protection and to solve any type of societal problem.
Here is one of an infinite number of examples of the criminality of the government.
http://www.washingtonsblog.com/2014/08/movement-declassify-911-materials-gathers-momentum.html
Mike Maloney says in “the 7 stages of empire” the 6th stage which we are in, corruption becomes rampant, the 7th stage is collapse.
Seems to be playing out.
Take it with a dose of salt. Mike Maloney is a gold and bullion dealer. Basically the guy is a smooth talking salesman trying to loosen up your wallet and build a little business if you ask my opinion. And don’t think for a second he is not pushing an agenda because he stars in his own video series. He is little better than a fear merchant.
1035 area is possible and that is the area it took off from after correcting down from 1200 in 2010. The shorts will try to get it there.
“Why Goldman’s gold man recommends shorting gold”
Perhaps because it is going to go down!
The JC video doesn’t work for me.