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1. Goldman 2014 prediction - gold at $1050

   

   Discussion by secondrepublic · December 26, 2014 12:01AM · Home› Precious Metals

   Only five more days for Goldman Sachs to meet its prediction of gold at $1050 by end of year 2014. Link to CNBC article. They held to this prediction and even repeated it a couple of times. Not looking very good for them. Gold exactly one year ago (Dec. 26, 2013) was selling at $1206... today it's at $1193, hardly changed…

2. Re: Goldman 2014 prediction - gold at $1050

   

   

   Comment by roadrunner · December 28, 2014 2:38AM · Home› Precious Metals

   << <i>I would not bet against GS...the prediction will come true, timing was just slightly off! >> Timing is just as important as the number itself. Since we're not at $1050 yet we can't give GS any credit for calling that. As 2014 winds down it appears they will just be wrong. Reminds me of analyst Larry Edelson who…

3. Re: Goldman 2014 prediction - gold at $1050

   

   

   Comment by OPA · December 28, 2014 4:28AM · Home› Precious Metals

   << <i> << <i>I would not bet against GS...the prediction will come true, timing was just slightly off! >> Timing is just as important as the number itself. Since we're not at $1050 yet we can't give GS any credit for calling that. As 2014 winds down it appears they will just be wrong. Reminds me of analyst Larry Edelson…

4. Re: Goldman 2014 prediction - gold at $1050

   

   Comment by RedneckHB · December 28, 2014 10:39AM · Home› Precious Metals

   GS did not predicted gold to go higher and in this regard they were correct. Im not defending GS but rather than engage in a discussion of absolutes, which this board likes to do such as (the USA manufactures NOTHING anymore, and the US dollar IS toast, or silver hit $14.15, not $14.00), we should look at the larger…

5. Re: Goldman 2014 prediction - gold at $1050

   

   Comment by luckybucks · December 28, 2014 5:02AM · Home› Precious Metals

   Well see what the next three days brings. I doubt we will see $1,050, unless precious metals takes a GIANT hit (like $200+ in three days). It will be interesting to see what 2015 brings to the precious metals market.

6. Re: Goldman 2014 prediction - gold at $1050

   

   Comment by roadrunner · December 29, 2014 7:05AM · Home› Precious Metals

   Considering gold started 2014 at $1205 and is not far from that now, that's hard to call Goldman's call for "gold to tank in 2014" to be anything but ho-hum. When this video was made gold was around $1250 and headed back to $1388. In fact it wasn't until late October that gold has fallen back under the $1250 level for any…

7. Re: Goldman 2014 prediction - gold at $1050

   

   Comment by seebelow · December 31, 2014 9:29AM · Home› Precious Metals

   I'd say it was pretty much a good call. Whether throwing darts or analysis. We didn't hit $800 nor $1800. Where were at is pretty close. And think that was the intent. More of a guidance. Not defending nor calling out GS. That's another thread. Just giving a little credit where a little credit is due. In this case. Aren't…

8. Re: Goldman 2014 prediction - gold at $1050

   

   Comment by OnlyGoldIsMoney · December 26, 2014 2:01AM · Home› Precious Metals

   Goldman right or wrong - just don't care. At $1,200 I will hit my lifetime goal all the sooner.

9. Re: Goldman 2014 prediction - gold at $1050

   

   Comment by OPA · December 31, 2014 8:40AM · Home› Precious Metals

   G.S. off by $130, but that's the closest that they've been in years.

10. Re: Goldman 2014 prediction - gold at $1050

    

    Comment by unknown · December 28, 2014 4:53AM · Home› Precious Metals

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