gbd

'Official' 2009 Strategist S&P 500 Price Targets

I'd like to see SocGen--they called the crash (even if it took weeks to unfold)

Pali Research boosts Goldman Sachs (GS +2.1%) to Buy (.pdf), saying the public outcry after Goldman set aside $11.4B in H1 for compensation will likely drive a significant reduction, leaving more money for shareholders. Firm also thinks revenue should rise as M&A and IPO activity increase, especially since many rivals no longer exist.

You have to be a real idiot to think that Goldman will reduce its pay. That is one of the most illogical tidbits I have heard. You would almost expect the source be message board nonsense.

And yes, they have fewer competitors and yes capital markets and transaction activity will pick up.

'Official' 2009 Strategist S&P 500 Price Targets

I'd like to see SocGen--they called the crash (even if it took weeks to unfold)

Need Gold? Check Your Fed Holdings

not leveraged 10x. GLD price / share mid to high $80s. Gold price per oz mid to high $800s. 10/1 ratio. No leverage at all.