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To: Qualified Opinion who wrote (4122)1/20/2015 3:48:02 PM
From: bull_dozer1 Recommendation

Recommended By
FJB

  Read Replies (2) | Respond to of 4366
 
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?

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