26.09.2014 - Gold likely to fall further, says Goldman's Currie
Goldman Sachs' Jeffrey Currie says the worst isn't over yet for gold after prices for the metal erased almost all of this year's gain. "Risks are significantly skewed to the downside," said Currie, who told investors to sell last year before gold's biggest collapse since 1980. "Much of the support was coming from political uncertainty in Ukraine and what was going on in Middle East," and those concerns have faded, he said. Currie heads the bank's global commodities research team. After bullion's rally in the first half of the year beat gains for commodities, equities and US Treasuries, the metal is heading for its first quarterly decline in 2014...............................................Full Article: Source
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