Goldman Bets On Gold, QE3

This report came out today from GS, via Bloomberg:

Goldman Sachs Group Inc. (GS) stood by its forecast for a rally in gold this year, saying that the precious metal will advance to $1,840 an ounce over six months as the U.S. central bank embarks on a third round of stimulus in June.

Gold remains [...]

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Goldman Forecasts Stagnation

It seems that mainstream economists are coming around to our view of economic weakness: stagnation and recession. This, from Zero Hedge:

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