Seeking Alpha

Now that we know there's $600B in easing coming, Goldman Sachs reiterates its $1,650 12-month...

Now that we know there's $600B in easing coming, Goldman Sachs reiterates its $1,650 12-month price target for gold "as U.S. monetary policy remains accommodative and U.S. real interest rates remain low." Futures up a healthy 0.9% today, to just over $1,395. (previously)
Comments (2)
  • Art Trader
    , contributor
    Comments (120) | Send Message
     
    Strange how GS reiterates target prices, regardless of the difference between their expected level of QE vs actual, isn't it?
    5 Nov 2010, 11:24 AM Reply Like
  • nightfly
    , contributor
    Comments (1017) | Send Message
     
    Wow, that has me worried - like GS is about to unload a bunch of gold longs...
    5 Nov 2010, 11:31 AM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector

Next headline on your portfolio:

|