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"laughed when I read Wilson's quote, wondering exactly how long ago the bank privately came to that conclusion and started shorting BRIC countries. Goldman's Dec. 7 report, incidentally, arrived just before O'Neill released his new book, a Tom Friedmanesque volume of cheerleading nonsense called The Growth Map: Economic Opportunity in the BRICs and Beyond. That book was published on December 8, meaning O'Neill was seen spending 256 pages predicting "rosy prospects" for the BRIC bloc exactly one day after Goldman itself had officially bailed on its own cheesy marketing gimmick.

Anyway, every time I read one of these rah-rah predictions, I get this feeling that I've seen this movie before. When it comes time to do Goldman, Sachs: The Movie!, I'll be bummed beyond belief if Vin Diesel doesn't get to play Jim O'Neill.

The folks at Zero Hedge long ago caught on to Goldman's JT-Marlin pump-and-dump vibe. Here's what they said when Goldman upgraded European bank stocks a few weeks ago:

Goldman has just started selling European bank stocks to its clients, whom it is telling to buy European bank stocks. Said otherwise, the Stolpering of clients gullible enough to do what Goldman says and not does, has recommenced. Our advice, as always, do what Goldman's flow desk is doing as it begins to unload inventory of bank stocks. Translation: run from European bank exposure.

Sure enough, Euro bank stocks plummeted a few days after that ZH post."

It’s no prediction. With the corporatist fascist relationship Goldman’s has with the federal government, I’m sure they’ll just have the ‘plunge protection team’ pump US taxpayer dollars into the market to make his words come true.

Everyone knows since the ‘plunge protection team’ was instituted the stock market is not a free market but a government planned market. Everyone also knows that the corruption at the top between Goldman Sachs and the other trashnational financial corporations guarantees to keep their wealth intact always, no matter what harm it does to the United States or to the principles of freedom on which it was founded.

and yes... $2000/oz gold will soon be a reality

20% x $1634 == $326

$1634 + $326 == $1960

yea... change! (don’t let the lib-tards forget it whenever they complain about a price being too high)

I like Goldman's call on USA equities.

America has the best managed, and most profitable, corporations in the world.

The issue, for me, is timing.

When does USA government debt, USA unfunded government liabilities, and USA money printing start sinking the Corporate Titanic?

I'm willing to gamble that won't happen before Obama is reelected (and he will be easily reelected).

The Hard Left major news media will bury every bad economic story, and will hype every slightly positive economic story between now and November.

That by itself might be worth 15%.