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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: Baba 2 who wrote (38865)8/12/1999 8:40:00 AM
From: John Hunt  Read Replies (1) | Respond to of 116770
 
<< Just wondering what the folks that read this thread think >>

Baba,

Goldman Socks does not hate gold ... They love to make money and they are very good at it ... They would trade their Grandma, if they could make a buck at it.

Daytraders don't call them the 'Main Axe' without reason.

IMHO, it means they have covered / are covering their shorts and this is bullish for gold.

BWDIK.

John



To: Baba 2 who wrote (38865)8/12/1999 10:55:00 AM
From: Rarebird  Read Replies (1) | Respond to of 116770
 
Baba, I tend to agree with you except for one thing: I believe that Goldman Sachs would sieze at any opportunity to make a quick buck as its top priority, even at the expense of its own personal feelings about Gold. Investment strategies from players like Goldman often change like the weather. Whatever is profitable is their motive.


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