GREY:PSLRF - Post by User
Post by
8675309Jennyon Oct 27, 2014 12:15pm
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Post# 23064158
China buys 36 tankers of oil - goldman called a joke
China buys 36 tankers of oil - goldman called a joke
reports out China is buying all the oil it can find, including 36 tankers on the oceans in October. The Goldman call for 75 oil in 2015 was called out by oil traders ...."what a joke, calling 75 dollar oil when the price is 80? Where were they with this call 3 months ago when the price was $100?" this is very true and typical of the market .... if Goldman was so good at predicting markets, why did they not predict this decline 3 months ago? they didn't and they now want you to believe their call for the next YEAR is worth listening to? what a joke. This is how Goldman has always acted "they talk their book, which means they are likely buying buying and telling the sheep its all negative". nothing changes with Goldman, especially commodities.