Comments on: GOLDMAN’S 2010 COMMODITY OUTLOOK http://pragcap.com/goldmans-2010-commodity-outlook Sun, 12 Feb 2012 04:27:37 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Eric Feuer http://pragcap.com/goldmans-2010-commodity-outlook/comment-page-1#comment-10128 Eric Feuer Fri, 25 Dec 2009 11:53:42 +0000 http://pragcap.com/?p=14402#comment-10128 Gold has no utility, save for some industrial electronics and commercial/retail jewelry (mostly in the mid east). However, most of the discovered gold in the world has been dug up out of the ground then placed back in the ground, in vaults where people pay armed guards to protect it around the clock, usually as it just sits there and collects dust. Due to gold's utter lack of utility any valuation on it can not easily be accurately established, even by GS. Gold has no utility, save for some industrial electronics and commercial/retail jewelry (mostly in the mid east). However, most of the discovered gold in the world has been dug up out of the ground then placed back in the ground, in vaults where people pay armed guards to protect it around the clock, usually as it just sits there and collects dust. Due to gold’s utter lack of utility any valuation on it can not easily be accurately established, even by GS.

]]> By: Richard http://pragcap.com/goldmans-2010-commodity-outlook/comment-page-1#comment-10024 Richard Sun, 20 Dec 2009 14:09:07 +0000 http://pragcap.com/?p=14402#comment-10024 GS....really do not have faith in them. GS….really do not have faith in them.

]]> By: prescient11 http://pragcap.com/goldmans-2010-commodity-outlook/comment-page-1#comment-9999 prescient11 Fri, 18 Dec 2009 18:16:31 +0000 http://pragcap.com/?p=14402#comment-9999 If you like gold find the junior miners you like and diversify. BBR.V is solid, as well as some others. RES.V gets you a gold and rare earth play together. That is the next position I probably will build. Juniors give you the true leverage. Well, GS' forecast and the XTO sale lead me to only one natural conclusion, in the short term short the hell out of NG. If you like gold find the junior miners you like and diversify. BBR.V is solid, as well as some others. RES.V gets you a gold and rare earth play together. That is the next position I probably will build.

Juniors give you the true leverage.

Well, GS’ forecast and the XTO sale lead me to only one natural conclusion, in the short term short the hell out of NG.

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