Showing posts with label Goldman Sachs. Show all posts
Showing posts with label Goldman Sachs. Show all posts

Saturday, December 9, 2017

New CME Bitcoin Futures And The Goldman Sachs Connection

Many Bitcoin zealots enthusiasts correctly believe Bitcoin futures contracts trading at the CBOE and CME would be a boon for Bitcoin.  Indeed, the price of Bitcoin has soared since the announcements, as front-runners have been driving prices up in anticipation of the exchanges trading Bitcoin futures December 11 and December 18, respectively.  But what Bitcoin cultists don't understand is that these same vampire squid bankers who have been manipulating and suppressing commodities prices (especially precious metals) now have the opportunities (and leverage) to apply the same suppression schemes on the price of Bitcoin.  They will short and crash Bitcoin.  Satoshi is rolling over in his Bitcoin nirvana.

Early adopters who got in at lower levels should be able to ride out the rollercoaster.  But Johnny-come-lately's with weak hands who sell at the faintest signs of weakness will get slaughtered.

http://www.zerohedge.com/news/2017-12-09/new-cme-bitcoin-futures-and-goldman-sachs-connection

Saturday, September 9, 2017

Physical Gold In Vault Is “True Hedge of Last Resort” – Goldman Sachs

http://www.goldcore.com/us/gold-blog/physical-gold-in-vault-is-true-hedge-of-last-resort-goldman-sachs/

Whistleblower Andrew Maguire Exposed 14 Days Ago ‘Vampire Squid’ Goldman Sachs Was Moving In For The Kill. Maguire Now Says Admission By Goldman’s Currie Is A Big Deal

Gold perma-bear Goldman Sach's commodities analyst Jeff Currie is not only bullish on gold, but he is advising clients to buy physical gold, not ETF's or COMEX futures contrasts.  I almost fell out of my chair when I read this.

This captured analyst has never dispensed this advice--ever, as far as I can remember.  In fact, he was mocking gold bugs for years for giving the same advice.  Why the flip flop?  I believe Goldman Sachs is now talking their book and looking to drive precious metals prices higher now that they are positioned for it.

Talk prices down, scoop up physical gold at low prices.  Then talk prices up, once correctly positioned long.

http://kingworldnews.com/whistleblower-andrew-maguire-exposed-14-days-ago-vampire-squid-goldman-sachs/

Saturday, October 31, 2015

Andrew Maguire – Goldman Sachs Robbing Producers And Misleading The Public About The Gold Market

http://kingworldnews.com/andrew-maguire-goldman-sachs-robbing-producers-and-misleading-the-public-about-the-gold-market/

Let’s not forget seasoned traders and investors don’t take the Psyops (psychological operations) bait, as we are well conditioned to know that when Goldman Sachs makes a call of any sort, they are guaranteed to be on the other side of that trade.

Friday, September 26, 2014

The Secret Goldman Sachs Tapes

Maybe this is why Eric Holder resigned.  After all, he publicly admitted the too-big-to-fail banks were too big to jail.

http://www.bloombergview.com/articles/2014-09-26/the-secret-goldman-sachs-tapes

Saturday, September 13, 2014

Why Goldman Sachs Is Wrong On Gold & Danger For The U.S.

Pento has been banned from a couple financial media outlets for his abrasive, yet truthful analyses.  He makes a solid case for gold bullishness, as well as for economic storms to return.

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/9/13_Why_Goldman_Sachs_Is_Wrong_On_Gold_%26_Danger_For_The_U.S..html

Friday, June 6, 2014

Ecuador to Goldman Sachs: We win, you lose

The title of this article is misleading.  I disagree with Ecuador on their gold swap with Goldman Sachs.  Ecuador is betting that gold prices will decline by 2017.  They will lose big because gold prices will have soared by then, in my opinion.

Besides, plenty of clients have lost big when swapping assets with Goldman Sachs.  This deal will be no different.

http://fortune.com/2014/06/04/ecuador-goldman-sachs-gold/

Wednesday, October 9, 2013

Paging Dr. Crane

This is a must-read for those wishing to avoid the Wall Street head fake.

http://www.tfmetalsreport.com/blog/5131/paging-dr-crane

Sunday, September 15, 2013

Guess Which "Bearish" Bank Bought A Record Amount Of GLD In Q2

http://www.zerohedge.com/news/2013-08-30/guess-which-bearish-bank-bought-record-amount-gld-q2
In early April, the status quo was exuberant when none other than Goldman Sachs issued a "sell" on the barbarous relic that has become so indicative of the exuberance of central planning. At the time, we were skeptical (to say the least) and, just for extra Muppetting, the bank also suggested its clients buy Treasuries. Well, now that the full details of holdings changes have been released for Q2, it is perhaps clearer than ever before that as the bank was telling its clients to "sell, sell, sell" it was itself "buy, buy, buy"-ing the Gold ETF (GLD) with both arms and feet. In Q2, Goldman Sachs added a stunning (and record) 3.7 million 'shares' of GLD. As Paulson dumped his GLD, Goldman lapped it up to become the ETF's 7th largest holder.


Monday, September 2, 2013

Guess Which "Bearish" Bank Bought A Record Amount Of GLD In Q2

This is just another episode of the Wall Street head fake, instituted by none other than Goldman Sachs.  The "vampire squid" investment bank was publicly telling clients to sell short gold, even while they were surreptitiously buying the GLD ETF for their proprietary trading desk.

As I've posted many times, regarding Goldman Sachs, "Do as I do, not as I say" would be sage advice for any observers.

http://www.zerohedge.com/news/2013-08-30/guess-which-bearish-bank-bought-record-amount-gld-q2

Saturday, July 6, 2013

JPMorgan Mimics The Goldman Sachs View Of An Improving Commodity Outlook

The too-big-to-fail banks have been short commodities for two years.  This is a significant reversal.


http://www.forbes.com/sites/timtreadgold/2013/07/02/jp-morgan-mimics-the-goldman-sachs-view-of-an-improving-commodity-outlook/
Goldman Sach’s views were reported here last week with the key comment being: “We are not forecasting a return to expansion, but we believe the sector is starting to look interesting.”

JP Morgan’s view which reached clients this week represent an increase in the optimism noting that its new-found enthusiasm represents its first “overweight” call on commodities since 2010.

“Though we may be a little early, we do not think we are very early,” JP Morgan said. “We would rather be premature in our pretend portfolio than you be late in your real portfolio.”

Like Goldman Sachs, JP Morgan argues that most commodities have fallen far enough and for long enough to force involuntary production cuts.

JP Morgan said it had recommended an underweight position in commodities as an asset class in November, 2011, but that view had changed.

“We move to recommend a net long, overweight exposure for institutional investors (in commodities) for the first time in more than two years,” JP Morgan said.

Monday, May 6, 2013

Richard Russell quote on Goldman Sachs Short Call on Gold

Mighty Goldman Sachs even got into the act by predicting publicly that gold was headed lower, and hinting that gold might even be a short candidate. The newspapers and the media in general jumped on the ‘we hate gold’ bandwagon. It was unanimous. ‘Gold is a worthless relic of prehistoric times. If you own it, get rid of it, before you lose your shirt.’ But after the crash Goldman suddenly rescinded its bearish forecast on gold, and the gold-hating propaganda calmed down. … Actually when Goldman dropped their bearish forecast on gold, I assumed that Goldman had bought all the gold that they wanted. Net result, a good many of the big boys plus many central banks grabbed all the gold they desired at bargain prices. The great gold panic ended with a thud, and the big money got what they wanted—all at fire sale prices. –Richard Russell in DOW THEORY LETTERS(May 1)