Goldman Sachs recommended shorting Gold on Wed

[68Camaro]

http://online.wsj.com/article/SB1000142 ... 64816.html

Investment bank Goldman Sachs Group Inc. said Wednesday that gold's prospects for the year have eroded, recommending investors close out long positions and initiate bearish bets, or shorts. The shift in outlook was the latest among banks and investors who have soured on gold as its dozen-year runup has been followed by a 12% decline in the last six months.

[frugalcanuck]

I met someone while traveling who had $140 million shorted on gold andwas telling me all sorts of financial info that were contrary to my beliefs. If you are going to short gold make sure you do it with paper and dont sell the real deal.