Goldman Sachs Doubles Down Its Hate On The Best Performing Asset Of 2014: Gold

Goldman Doubles Down Its Hate On The Best Performing Asset Of 2014: Gold (ZeroHedge, March 21, 2014):

As gold completes its golden cross today and remains by far the best-performing asset of 2014, we thought it intriguing that Goldman Sachs’ commodity group would issue a strong “sell your gold” recommendation… of course, when Goldman’s clients are selling, who is buying? As a reminder, the last time the bank was extremely bearish on gold (about a year ago), our skepticism at the time was well warranted as Goldman was in fact the largest buyer of gold in the following quarter.

4 thoughts on “Goldman Sachs Doubles Down Its Hate On The Best Performing Asset Of 2014: Gold

  1. The elite group want everything from you, they got ur pension, they got ur taxes, now they are going to get more money from you by creating inflation et higher rates, they are selling and shorting the markets and the average honest working citizen will end up holding the bags when they initiate the next market collapse.
    people will not be able to afford their house so they will take it back for peanuts, their gold analysis is for the average American Joe. your money and bank account will be worth NADA sooner than u think, gold and silver should be your only investment these days.

  2. To Lucky: All of that has already happened to millions of us who provided millions of jobs. Now, they are going after the next level up, the ones who think they are okay right now……the would be greedy guts who are buying up real estate (they cannot get fixed rate loans if borrowing) in the hopes of cleaning up when the “recession” is over. All of them are sitting on piles of debt, and waiting……..Interest rates are already rising on real estate and credit cards……but the dollar is losing much of its value as better than 50% of the world no longer uses it… the inflation is a result of that. The greedy guts prefer low rates, they can leverage and use other people’s money at cheap rates. As in the Eurozone, that will soon be in the past.
    The would be greedy guts are next………….they already got most of us.

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