What Is Goldman Sachs Saying About Gold?

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Written by Mike Hammer

Welcome to a new week!  The question everyone has to answer is what do you think gold will do this week?  Bullish bets dominate the U.S. futures market.  On the other side of the Atlantic Societe General (France) says Buy, even giving a recommended portfolio weighting.

On Friday, your friendly Gold Enthusiast laid out his approach to this market, including trading points.  If you didn’t read it Friday you should definitely read it today.  Goldman Sachs came out with their latest opinions, reasons, and their projection for exactly where they see this market going; we nominate that as the next item for your reading list.

Continue reading at Fa-Mag.com

About the author

Mike Hammer

Mike Hammer has had a wide-ranging career, with trading and investing as continuing themes. Mike graduated with a business degree and spent years as a financial advisor, before moving to New York and to pursue a career in IT and education. For more than a decade Mike has been working with the Adam Mesh Trading Group as a stock market and commodities mentor. He’s trained over 200 individuals, spoken at several national conventions, and is a frequent contributor to educational webinars.

Mike writes The Gold Enthusiast daily newsletter, runs the Golden Hammer trading service, and participates in the Mesh Private Portfolio. He also keeps a position in international education which keeps him in touch with "the student mindset".

Mike focuses on the precious metals markets, the energy industry, and the financial sector. His motto is "Plan your trade, then trade your plan!"

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