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Message: Goldman Sachs on CNBC Today. Again Predicting $1050 Gold by Year End. But Hey!!!

Hi Everybody,

Don't believe anything GS says.

From the article (towards the end):

"The state is currently $11 billion in debt, mostly to China, which buys most of Ecuador's oil. It recently sold $2 billion in bonds with a 7.95 percent return, as well as obtaining another $400 million from Goldman Sachs in exchange for part of its gold reserves."

http://hosted.ap.org/dynamic/stories/L/LT_ECUADOR_DIGITAL_MONEY?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2014-08-29-08-28-04

Regards,


Goldfinch

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