GREY:VGGGD - Post by User
Post by
TREV16on Oct 03, 2008 4:28pm
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Post# 15503740
Goldman Sachs ..........
Goldman Sachs ..........I saw a videoclip today on youtube which stated in Bob Chapmans latest newsletter that Goldman Sachs has now changed their position and gone long in gold. If this is true, this would be the first time in 3 years and will obviously translate into a squeeze of the shorts. Thus with the bailout approved and Paulson (ex CEO goldman sachs) with a boat load of money I can now forsee the gold price moving a lot higher in the days to come. As I said before they have loaded up on physical gold & mining shares and now their ready to make their billions as gold goes well over a $1000.