Goldman Sachs expects bullion to drop to $1,050 by the end of 2014...ROFLMAO

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Goldman Sachs expects bullion to drop to $1,050 by the end of 2014...ROFLMAO

posted on Aug 06, 2014 08:52AM

A bull's best friend is always a bear :)

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Goldman Sachs Group Inc.’s Jeffrey Currie isn’t backing down from his bearish call on gold.

Now, Currie expects bullion to drop to $1,050 by the end of 2014, maintaining a forecast from the start of the year. SocGen’s Haigh sees the metal at $1,245 in the fourth quarter.

source: http://www.resourceinvestor.com/2014/07/14/goldman-stays-gold-bear

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