So Goldman's can see oil going to $20

So Goldman's can see oil going to $20

http://www.bloomberg.com/news/artic...-for-goldman-as-forecasts-cut-on-growing-glut

but what were they saying before oil spiked to $147 in July 2008

http://www.bloomberg.com/apps/news?pid=newsarchive&sid=ayxRKcAZi630

that's what they were saying, but what they may have been doing behind the scenes is more interesting?



http://www.forbes.com/forbes/2009/0413/096-sachs-semgroup-goldman-goose-oil.html

and this from last week when a case against Goldman's got thrown out of a NY court. Not to do with oil but the allegations have a similar ring to them.

http://wallstreetonparade.com/2015/...e-public-ever-get-justice-in-new-york-courts/

Quick take away: always try and be on the same side of the trade as Goldman's and don't assume their analysis is always going to point you in the right direction.

Eshmun
DYOR IMO