tag:blogger.com,1999:blog-8822606000441641347.post2368529637356815167..comments2023-09-06T03:57:44.608-07:00Comments on Marko's Take: What Does 'GOLD'man Sachs Have To Do With Gold?Markohttp://www.blogger.com/profile/07028301085211245105noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-8822606000441641347.post-90450149633678194582010-04-20T14:50:49.392-07:002010-04-20T14:50:49.392-07:00Compensation and high profits in the financial ind...Compensation and high profits in the financial industry are about as broke and misguided as I can express. Do all realize the more bankers and their products suck profit out of the system, the less there is to actual make something? I just cannot believe the media does not jump on this sad state of America and the World regarding this matter. As an example, as reported by MarketWatch, Goldman Sachs said its first-quarter profit was $3.46B, or $5.59 a share, on revenue of $12.78B. <br />While a major company like Boeing, that actually makes something, as being reported by Yahoo and AP that its earnings, which reports on Wednesday, is expected to be a profit of 63 cents per share on revenue of $15.29 billion. That's includes a charge of $150 million, or 20 cents per share, that Boeing took during the quarter because it lost a deduction for some prescription drug expenses for retirees.<br />Is anyone worried, and just plain fed up, that the financial systems and all its madness are the leeches sucking the life out of everything ? When is enough, enough?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8822606000441641347.post-81591732614225773322010-04-19T21:47:36.211-07:002010-04-19T21:47:36.211-07:00This correction is probably over, but then I think...This correction is probably over, but then I think the 27th is expiration day, so expect them to take down the metals that week. Then a week later is the jobs report another day they always use to try to take the price down . Then there we will be some news that has nothing to do with gold and they will use that, just like with the GS news. It never ends with the corrupt comex gang.We can only hope, the corruption ends one of these daysrdisraelnoreply@blogger.comtag:blogger.com,1999:blog-8822606000441641347.post-11797341033468047152010-04-19T20:28:30.711-07:002010-04-19T20:28:30.711-07:00Hi RD:
I think the correction is over. Yup, any ...Hi RD:<br /><br />I think the correction is over. Yup, any excuse to take the market down. Maybe if Obama has a hangnail, they'll have another reason..Markohttps://www.blogger.com/profile/07028301085211245105noreply@blogger.comtag:blogger.com,1999:blog-8822606000441641347.post-86561842123297305742010-04-19T15:20:31.391-07:002010-04-19T15:20:31.391-07:00I agree 100% with you, the GS news should of had n...I agree 100% with you, the GS news should of had nothing to do with the Friday's gold price going down.But as I come to figure out ,the cartel will use any news story to take down gold/silver ,even if it has absolutely nothing to do with the metals .If the Lakers were to loose in the first round of the NBA playoffs ,the cartel would use that as an excuse to bring the price down.<br />It's the same old story ,everyone is negative on gold ,but just look at the last 10 years, we will have the last laugh .rdisraelnoreply@blogger.com