Article By:
Tyler Durden
Saturday, March 7, 2020 4:56 PM EDT
It's not all doom and gloom: Goldman Sachs' Jeff Currie is confident there will be even more blood across most commodities, there is one metal which he believes will be safe: gold "which—unlike people and our economies—is immune to the virus."
Goldman Head Of Commodities: "Gold Has Immunity To The Virus"
I guess #Goldman bought #gold. $GLD $GS
Is Goldman Sachs Too Pessimistic In Forecasting A 10% Gold Price Hike?
I certainly agree that $GS was a tad pessimistic. I mean come on, with all the uncertainty in just about everything right now, the only thing that is certain is that #gold is here to stay!
The No.1 Silver Stock For 2017 (SPONSORED POST)
True that silver had been performing better than gold of late, but I have 2 thoughts: I am somewhat concerned about the volatility of penny stocks that you mentioned above. If I was investing in silver I prefer iShares Silver Trust ($SLV), and secondly, with the expectation for more rate hikes in 2017, I foresee that safe haven investments like gold and silver will be worse performers when compared with banking and financial stocks like #Citigroup, #BankOfAmerica, or #Goldman Sachs. As always, best advice is to diversify. $C $BAC $GS
Goldman Sachs Stands At The Top But May Fall
Nice article. You know what they say: the bigger they are.... $GS