Goldman Sachs Says Gold to $1,100s – Here’s What We Have To Say

October 10, 2017

Today is another example of what has become the norm for the metals sector – gold moving (up today), stocks flat. David Erfle, the Junior Miner Junky joins me today to share his thoughts on how investors should be playing the metals stocks sector. He points out that volumes remain low and tax loss selling is just around the corner. However some stocks will hold up well in this time. We also touch on the bearish comment made by Goldman Sachs… What a surprise Goldman is bearish gold 😉

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As mentioned in the interview if you have any questions on companies or moves in certain stocks

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    Oct 10, 2017 10:42 AM

    Eventually the markets will figure this out. Right now markets are giving a nearly 90% chance of a rate hike in December based on CME Fed Funds futures. That rate will drop significantly by December 13 when the FOMC meets again with a press conference. (There’s another meeting on November 1, but no one expects any policy changes then).


    Oct 10, 2017 10:49 AM

    Concerning your comment yesterday pertaining to 9/11,and people seeing repeated evidence for years.

    I am going to address your question as to how to get the mob interested. A new investigation will be called for by Professionals and not the mob.
    To understand the events that are about to unfold the only way I can explain it is by using the collective guilt example felt by those associated with the Holocaust.
    Each successive generation of those associated will experience different levels of collective guilt. Usually the second generation will feel more collective guilt than the first generation .
    The same is going to happen with 9/11.
    9/11 will come into a different light as the next generation experiences different levels of emotions when viewing the 9/11 event at an objective level. These will be the young engineers that have not been exposed to the media psy-op that the first generation was.They were not exposed to the endless media loop of the planes hitting the towers. The young engineers can look objectively at footage of building 7 and formulate their own conclusions.The “Millennial Engineers” believe it or not will be the ones to unravel the mystery which is 9/11.
    Like I said this is going to take time.Approximately one generation.This is year sixteen. We are getting close.The guilty parties know this to.Let’s hope I am wrong.

    Oct 10, 2017 10:22 PM

    Be nice if somebody got listened to.
    History doesnt show that there will be tho.
    Kennedy was still killed by Oswald.

    I posted the list of Israelis on a couple blogs,
    I added a G Washington statement about dual citizenships serving and a Votaire “who ya cant critize rules ya”, at the bottom of the list.

    Instantly, It was Antisemitism .

    I took the time to point out my point had nothing to do with Jews, it was dual citizens serving, I had not mentioned religion at all.
    I asked if it was wrong to think it should be americans serving in gov, etc yadda yadda.

    Once they was realized in was not antisemitism, there was no further interest.

    I dont believe people have the ability to understand the meaning of events etc.

    I told them they would make lousy detectives. lol

    Just for fun, try pointing that out on a christian site, you will be thrown off it pretty darn quick, I would be surprised if they allowed you to discuss the matter.

    Best of luck to your efforts tho JohnK.

      Oct 10, 2017 10:35 PM

      I know I sound like a broken record,but what we are experiencing now in the financial markets is a direct result of the policies instituted after 9/11.
      Being a Gold focused website such as the KE Report, one must be able to connect the dots to prosper in today’s financial markets.
      If anybody knows what is going to happen it surely will be Goldman Sachs. The only question is if they are giving us information which is believable.
      Remember during the 2008 fiasco they were selling their clients one thing,and selling against them with the other.

        Oct 11, 2017 11:24 AM

        ditto ……being a Gold focused website such as the KE Report, one must be able to connect the dots to prosper in today’s financial markets.

    Oct 10, 2017 10:41 PM

    You guys are serious? Do you expect tax loss selling in the djia, s&p, and Nasdaq as well as fb, amzn, goog.

    You need a loss to have tax loss selling. Except for ABX and you bought it at the high. It is not going to happen. The average gold/silver stock is UP.

    Annoying commentary.

    Oct 10, 2017 10:29 PM

    I trust Goldman Sachs completely to talk their book.
    Whatever they say, I do the opposite.

    Oct 11, 2017 11:30 AM

    Goldman Sakers..advice………the con men of the century……..