HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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Message: Gold prices and Goldman's forecast

Gold prices and Goldman's forecast

posted on Dec 03, 2007 02:10PM

 This was from www.jsmineset.com

More on Goldman's publication:

Robert Hormat, the man in charge of Goldman Sachs Asia, commented on financial TV today concerning the future of the US dollar. He referred to the TIC report and was clearly overall long term bearish.

As the dollar goes down so goes gold in the inverse. Maybe he forgot to check with the Goldman commodity department in New York as his presentation was the basis for a long term bull market in 2008 and beyond. Somewhere along the line communications have seemed to break down. I still see that report Goldman put out panicking the NEW Gold community into a state of total confusion, an expected outcome structured for the Paulson presentation today.

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