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GOLDMAN STOMPS ON COMMODITIES

|Includes: AAPL, DBA, DBB, DJP-OLD, EEM, EFA, EPI, EWA, EWC, EWJ, EWZ, FCG, FXE, FXI, GAZ, GLD, IEF, IYR, IYT, QQQ, RSX, SLV, SPDR S&P 500 Trust ETF (SPY), TLT, UDN, USL, XLB, XLE, XLF, XLU, XME

The IMF (close Goldman Sachs(GS) associations) lowered global economic growth expectations perhaps lowering demand for commodities; Fed Governor Dudley (ex-GS) pronounced inflation as "transitory"; rumors swirled the CFTC (Chairman Gensler ex-GS) would raise margin requirements on energy and, "presto"! Goldman Sachs told clients to close long commodity tracking positions. That's the power GS has with ex-employees planted like moles throughout the industry...READ MORE

 


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