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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: ild who wrote (62313)5/31/2006 11:16:09 AM
From: Wyätt Gwyön  Read Replies (2) of 110194
 
GS upgrades the gold industry to Überhype from Neutral. contrary to what Heinz sez, the most establishmentarian of the WS establishment is very much into gold, and is touting it across the world. especially when you compare gold miners to an industry that actually makes money--energy. analcysts continue to assume LOWER forward CL and NG prices, while they assume HIGHER gold prices. gold industry has the farking US Government (new Treasury Sec) to hype them and they expect higher gold prices. harder and harder to surprise on the upside.
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