Goldman Sachs is not on my good side. Why? They try to use scare tactics to inflate the price of a commodity they hold a significant stake in. Goldman has millions if not billions tied up in oil contracts and keeps trying to use fear tactics to make prices jump and get a nice chunk of change in their pocket. Remember when a Goldman analyst called for $100 oil? Did that ever even get CLOSE to happening? NO.
Goldman needs to be put back in their seat. I take EVERYTHING they say with a grain of salt due to their conflict of interest with oil- you should too.
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