by Mike ‘Mish’ Shedlock
Those betting against Goldman Sach’s retail investment advice have generally been on the right side of things.
The same thing is about to happen again.
“Short gold! Sell gold!” said Goldman’s head commodity trader, Jeff Currie, during a CNBC “Power Lunch” interview.
Currie’s advice was in response to the question “Is there any commodity you are recommending that can help our viewers make some money?”
Currie’s provided several reasons for shorting gold, blatantly wrong.