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Goldman Can Now Predict The Price Of Oil In 2020
Monday, May 18, 2015 10:34
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Back in the summer of 2008, Goldman predicted that oil would rise to $200. Promptly thereafter, oil did rise to $150… and then crashed to $40 when the entire world nearly ended, and when Goldman et al grudgingly accepted a few trillion in taxpayer bailouts so their shareholders could bicker today over the helicopter landing protocol in the Hamptons.
Many were so amused by Goldman's epic inaccuracy of being wrong by about 80% just a few months out, that some got the blasphemous idea that Goldman was merely trading against its clients, who even had an internal codename: “muppets.” …. http://www.zerohedge.com
Source: http://luismmx.blogspot.com/2015/05/goldman-can-now-predict-price-of-oil-in.html
