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Non-Tech : Bank of America
BAC 54.26-0.5%Dec 18 4:00 PM EST
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To: Qualified Opinion who wrote (4122)1/20/2015 3:48:02 PM
From: bull_dozer1 Recommendation

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FJB

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Isn't that equivalent to "run for the hills"? <G>

The head of Goldman Sachs's commodity research, Jeffrey Currie, reiterated his "sell" recommendation on gold today with a price target of $1050. Interestingly, and in direct conflict with Currie's market call on gold, Goldman Sachs Group (NYSE: GS) filed an SEC 13-F disclosure at the end of June, which revealed that GS purchased over 3.7 million shares of the SPDR Gold Trust (NYSEARCA: GLD) during the 2nd quarter, making GS the 6th largest holder of GLD. Clearly there is a difference of opinion within the firm regarding the outlook for the price of gold. As an investor should you follow the guy selling research or do you follow the money?

seekingalpha.com
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