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Politics : Stockman Scott's Political Debate Porch
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To: Jim Willie CB who wrote (3460)7/30/2002 9:21:55 AM
From: stockman_scott  Read Replies (2) of 89467
 
07:53 ET Goldman Sachs upgrades gold stocks : Goldman Sachs raises their weighting in gold stocks to MKT OVERWEIGHT from Mkt Weight and upgrades FCX to REC LIST from Mkt Outperform, ABX to TRADING BUY from Mkt Perform, and PDG and AU to MKT OUTPERFORM from Mkt Perform; firm raises 2002-03 ests for select stocks, and continues to forecast that gold prices will rise over the next 2 years based on their view that: 1) US dollar will continue to weaken, 2) govt deficits will continue to begin widening, and 3) investors and large holders of US$ will continue to look for alternative asset choices to diversify some of their investments.
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