gold going to $1200, page-8

goldman predictions for 2011

Commodities: Gold, Oil Higher in 2011
'The firm expects the precious metal futures to climb to $1,690 an ounce by the end of 2011 and continue to move higher. '
ACTUALLY REACHED $1900 THEN FELL BACK ON THE NEWS OF OPERATION TWIST AND TEH FISCAL WRANGLING IN THE us OVER DEBT LIMITS

goldman predictions for 2012
'One of the latest to do so was Goldman Sachs, which predicted that the price of gold will peak at $1,900 per ounce and average $1,810 per ounce in the coming year. Goldman attributed its bullish gold price outlook to further net buying by central banks and strong physical demand from investors, the ongoing negative real interest rate environment in the U.S., and continued European sovereign debt and global recessionary concerns.'

ACTUALLY WAS AVERAGING ABOUT %1650.OZ.

so Skol, when you see a goldman sachs prediction take it with a pinch of salt mate, they have no more idea , or accuracy than the gold bug commentators that you love to quote