Goldman says gold bull cycle ova and lowers targets!
You don't need my help on this one. You know exactly what that means....besides you know how a precious metals secular bull market ends........with NO ONE CALLING a TOP .....and GOLDMAN telling the last sucker to get IN.
Hey check out Harvey Organ's daily gold and silver report- if you don't already- he's spot on, with the details to boot,,,,
Yesterday rumors came out that Berlusconi was leading in exit polls. Said he was against austerity and market fell and gold rally. Said Euro was in limbo again and gold shot up and market dropped.
As the big banks with the big string purses of leveraged loans are regulated tightly, don't look for that PIIGS leveraged play to go rampant! Law of the jungle won't allow it!