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2 mins read
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
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
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.
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
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
2 mins read
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
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
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
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
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
3 mins read
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
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
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
3 mins read
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
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
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…
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
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
2 mins read
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
2 mins read
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…