Why Goldman’s Gold Man Recommends Shorting Gold

Jon Economy, Fiscal Policies, Gold, Market Commentary, Precious Metals

The Ukraine-Russia crisis and economic weakness in Europe and Japan have been supporting gold somewhat, but prices are being pressured by Federal Reserve policy, said Jeffrey Currie, head of commodities research at Goldman Sachs. That's why he sees the precious metal falling 17% from current levels by year end.

This post was published at Yahoo