Goldman Sachs raised their price forecast for gold on Friday in a note to customers on Coronavirus fear. $GS had previously cited Modern Monetary Theory to higher ETF inflows, Geopolitical risk, stronger emerging markets, weaker U.S. dollar and negative real interest rates in Europe .
Goldman Sachs Raises Gold Forecast Another 8.5% on MMT and 2020 Presidential Election
Goldman Sachs raised their price forecast for gold on Monday night in a note to customers. $GS added Modern Monetary Theory to higher ETF inflows, Geopolitical risk, stronger emerging markets, weaker U.S. dollar and negative real interest rates in Europe as reasons.
Morgan Stanley Rates Gold No. 1 Commodity Pick as Price Hits Six Year High
Morgan Stanley raised their price forecast for gold on Monday night in a note to customers after the metal hit six month highs. The $MS rationale is much like Goldman in March, higher ETF inflows, geopolitical risk, weaker U.S. dollar and negative real interest rates in Europe.
Goldman Sachs Raises Gold and Silver Price Forecasts
Goldman Sachs raised their price forecast for gold and silver on Monday night in a note to customers. The $GS rationale is higher ETF inflows, Geopolitical risk, stronger emerging markets, weaker U.S. dollar and negative real interest rates in Europe.
Number One Risk for 2018 Is A Brutal Correction of Stock Prices Says French Watchdog
France’s market watchdog Autorite des Marches Financie (AMF) sees as the number risk for 2018 a brutal correction of stock prices. Goldman Sachs Bull/Bear Index is at the highest in almost 50 years. Analysts preach this time its different, is it?
Goldman Sachs Earnings Suffer From Fixed Income Slump
Goldman Sachs $GS reported much better than expected second quarter earnings before the open Tuesday. However the market was concerned by slumping fixed income revenue.