Posts Tagged ‘goldman’

Gold Rallies with Debt Deal and Prolonged Monetary Easing

by Christopher Lemieuxon October 21, 2013 4:35 am BST
A few weeks ago, Goldman Sachs commodities analyst Jeff Currie said that precious metals, more so gold, would be a “slam dunk” sell once the stalemate in Washington was resolute. I believe this to be true still, but rarely do markets make it so easy. After the government shutdown, the Federal Reserve is rumored to […]

XAUUSD extending rally as Fed sticks with QE3

by Forex Rooton January 24, 2013 7:58 am BST
Gold will rally this year and into 2014 as U.S. Federal Reserve policy makers will probably maintain asset purchases for two more years to buttress the recovery of the largest economy, according to Morgan Stanley. The metal, which rose for a 12th year in 2012, may average $1,830 an ounce in the final quarter from […]

Goldman forecasts gold rally amid debt-ceiling confrontation

by Forex Rooton January 21, 2013 5:32 am BST
Gold may climb over the next three months as U.S. lawmakers attempt to tackle the country’s debt ceiling and the world’s largest economy slows, Goldman Sachs Group Inc. said, advising investors to place bets on advances. “We see current prices as a good entry point to re- establish fresh longs,” analysts Damien Courvalin and Alec […]

Hess eyes Russia exit

by on November 12, 2012 2:13 pm BST
The US independent is exploring the possibility of offloading its subsidiary Samara-Nafta which has over 60 fields on its books.In a brief statement on Monday, Hess said: “As part of the company’s strategic reshaping of its portfolio, it will pursue the sale of its Russian subsidiary Samara-Nafta.”It