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Politics : Welcome to Slider's Dugout

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To: SliderOnTheBlack who wrote (7609)	1/13/2008 4:54:12 AM
From: wsw1	Read Replies (2) of 50676

Goldman now raises their Gold Forecasts for 2008 bloomberg.com Gold Forecasts Raised by Goldman Sachs on Weaker Dollar Outlook By Stuart Wallace Jan. 11 (Bloomberg) -- Goldman Sachs Group Inc. increased its three, six and 12-month forecasts for gold because of a weaker outlook for the U.S. dollar. Gold will trade at $885 an ounce in three months, from a previous estimate of $795, the bank said in an e-mailed report today. The metal will reach $900 in six months, from a previous forecast of $785, and $800 in 12 months, from a previous prediction of $750, the bank said. Gold for immediate delivery was trading at $894.61 an ounce as of 8:35 a.m. in London. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Do as they do, not as they say?!

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