Gold, Oil, Tech, China and a Weak US Dollar = Goldman Sachs Profits
Posted on October 30, 2007 at 00:38 AM EDT
Gold at $800, Oil above $93, Tech on fire, China in a boom of histrorically epic proportions and the US Dollar imploding…based on these headlines, it makes sense that Goldman Sachs hit all-time highs today. Here’s why…they trend follow. They pile on. They stick you with the mistakes. The ‘credit crunch’?…Peeshaw…just a nuisance [...]