Courtsey of Doug Kass:
Goldman Sachs, based on a continuation
of QE and lower real interest rates, has raised its 12-month price
target for gold to $1,650 an ounce from the prior forecast of
$1,365.
Goldman's three- and six-month gold price forecasts now stand at
$1,400 an ounce and $1,525 an ounce, respectively.
Goldman projection on Gold
Posted by klatuu on 12th of Oct 2010 at 11:40 am
Courtsey of Doug Kass: Goldman Sachs, based on a continuation of QE and lower real interest rates, has raised its 12-month price target for gold to $1,650 an ounce from the prior forecast of $1,365.
Goldman's three- and six-month gold price forecasts now stand at $1,400 an ounce and $1,525 an ounce, respectively.
Great timming while they unload
Posted by freddy123321 on 12th of Oct 2010 at 11:51 am
Great timming while they unload
haha!! u read my mind!!
Posted by desertrat on 12th of Oct 2010 at 11:52 am