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Goldman Sachs says oil will roar higher - and consumers will feel like crude is at $160 a barrel due to surging gas prices

Goldman expects Brent crude oil to hit $140 a barrel, but says that will feel like $160 a barrel to…

Harry Robertson   


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12 mins read

How Jeffrey Epstein's island politics helped elect Congresswoman Stacey Plaskett

Jeffrey Epstein funded US Virgin Islands politicians, like Rep. Stacey Plaskett, who represented th…

Jacob Shamsian   


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10 mins read

Ayesha Curry knows that you've seen less of her. Here's why.

Insider's May 2023 cover star discusses creating an incubator for Black- and women-owned businesses…

Insider Inc.   


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1 min read

GOLDMAN: Gold Is A 'Slam-Dunk Sell' When The Government Shutdown Is Over

However, in a September 19 note to clients following the Federal Reserve's surprise decision to ref…

Matthew Boesler   


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1 min read

GOLDMAN: The Stage Is Set For A Gold Rally

However, with gold prices already back near their pre-June FOMC level, COMEX net speculative positi…

Matthew Boesler   


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GOLDMAN: Brace Yourself For More ETF Selling Of Gold Holdings

Over the past week this trend started to accelerate, with the extremely large move likely triggered…

Matthew Boesler   


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3 mins read

GOLDMAN ON COMMODITIES: 'There Are Weeks When Decades Happen'

This past week saw both of these trends accelerate with the extremely large gold move likely being …

Matthew Boesler   


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1 min read

Goldman Blows Through Year-End Gold Price Target Three Days After Telling Clients To Short

We see risk to our updated forecast as modestly to the upside in the short-term should US data cont…

Matthew Boesler   


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3 mins read

GOLDMAN: Gold Is Going To $1200

Beyond real interest rates, fluctuations in the monetary demand for gold also exert an influence on…

Matthew Boesler   


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2 mins read

GOLDMAN: Oil Could Rally To $150 This Summer

While one can argue that the upside in oil is capped by a combination of weaker economic growth and…

Matthew Boesler   


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Trump's decision to drop out of the Iran nuclear deal could torpedo the GOP's big tax cut win

"If we flat line the current gas price over the course of this year to reflect a sustained impact, …

Bob Bryan   


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3 mins read

GOLDMAN SACHS: Cautious investors are missing out on an asset class that's rarely been better to own

But skeptical investors don't only have themselves to blame. They could also point to the length of…

Akin Oyedele   


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3 mins read

Wall Street has a new favorite trading idea for a 'fundamental shift' that's happened

He said commodities have entered a positive feedback loop consisting of three R's: reflation, relev…

Akin Oyedele   


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GOLDMAN SACHS: Now is the best time in a decade to invest in commodities - here's our top trade

Most commodity prices including copper and crude oil performed well, or reflated, in 2017, supporte…

Akin Oyedele   


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2 mins read

STOCKS HIT A RECORD HIGH: Here's what you need to know

4. Goldman Sachs says Bitcoin hasn't taken a bite out of demand for gold. Jeffrey Currie, the firm'…

Joe Ciolli   


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2 mins read

Something funky is happening between oil and the dollar

"Looking over the latest numbers gathered by Consensus Economics, the overall consensus from econom…

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2 mins read

GOLDMAN: Short gold

We believe that the sharp rise in gold prices this past week was mostly due to concerns over system…

Akin Oyedele   


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1 min read

Here comes the Baker Hughes rig count ...

Ahead of the release, West Texas Intermediate crude futures were down about 2% in New York, near $4…

Akin Oyedele   


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STOCKS END THE WEEK HIGHER: Here's what you need to know

DON'T MISS: TOM LEE: Stock market sentiment right now can be summed up in two words »And now, the t…

Akin Oyedele   


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MORGAN STANLEY: Here's how we see the oil prices playing out through 2018

"This is a supply-driven downturn, which typically take longer to resolve," Longson wrote. "Most la…