Comments on: Goldman Heating Up, but Will It Spread?

By: Keith

Keith — Wed, 01 Jul 2009 01:02:10 +0000

The market action the last 6+ months tells me that if equities crash there will be considerable downward pressure on gold. It’s wishful thinking to assume otherwise.

If the dollar remains weak then the stock market will soar along with gold. The dollar is driving everything.

By: Wyz

Wyz — Tue, 30 Jun 2009 20:21:22 +0000

This afternoon Yahoo tech-ticker put up an interview with John Roque, who also is using Goldman as one of six “bellwethers” for the broader markets.
Http://finance.yahoo.com/tech-ticker

By: Rich

Rich — Tue, 30 Jun 2009 16:42:22 +0000

FAZ>4.18 anyone?

By: Rich

Rich — Tue, 30 Jun 2009 16:38:32 +0000

Aloha All
We have a sell alert on GS, FWIW.
Regards*Rich
http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID3251493
JubileeProsperity.com

By: jp

jp — Tue, 30 Jun 2009 14:46:25 +0000

I realize this is off topic and is more related to last Thur.’s post concerning media spin, etc., but did you catch this nonsense on the AP wire?

While the Standard & Poor’s/Case-Shiller index of 20 major cities tumbled by 18.1 percent, it marked the third straight month the decline was not a record. And yearly losses in 13 metros improved compared to March.

It’s akin to saying a guy jumped out of only an eighth story window, when he could have lept from the top of the building. Excellent news!!!

By: Dusty

Dusty — Tue, 30 Jun 2009 04:49:38 +0000

Goldman Sachs may have gone up today because of the scathing article in Rolling Stones magazine. See http://zerohedge.blogspot.com/2009/06/goldman-sachs-engineering-every-major.html

I imagine some people “liked” the article because it proves Sachs will screw anyone and everyone in order to make a buck. They’d probably rather side with someone who’s motto is “Greed is Good!” than a financial institution that plays fair.

Dusty