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Title: Goldman Has "Aggressively" And Quietly Liquidated A Quarter Of Its Equity Investments
Source: zerohedge
URL Source: https://www.zerohedge.com/markets/g ... quarter-its-equity-investments
Published: Jul 13, 2021
Author: Tyler Durden
Post Date: 2021-07-13 15:54:02 by Esso
Keywords: None
Views: 26
Comments: 1

...What is even more remarkable is just how much Goldman has harvested so far in 2021: as shown below, having started with a $20BN equity portfolio which has enjoyed a $5BN increase in market prices, Goldman dumped a whopping $5.5 billion of its equity assets so far (excluding a modest $1.5BN in purchases) or more than a quarter of its entire portfolio as of Dec 31.

Who is Goldman selling to? Anyone who will buy, but here we would wager that retail investors - who have been on tilt buying in 2021 - have been the proud recipients of billions in Goldman sales. This, in the financial literature is called the "distribution phase."...

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Poster Comment:

Hoo boy. Why in the hell would those carpetbaggers dump equities in an inflationary environment? What are they telegraphing? The money is going somewhere.

1. Maybe they're 'predicting' a market crash where the losses are less from inflation than the market decline. Loss mitigation, if you're going to lose, try to lose small.

2. Maybe they're going to move into metals or something. I'm not sure. I'll know for sure when I'm bleeding from my asshole.

Jesus, how do you destroy a country in six months? Effin' Bidet.

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#1. To: Esso (#0)

If they move into the metals markets, I guarantee the price will suddenly rise. After all, they gotta make a profit.

They have spent decades artificially stifling the value of precious metals, and will buy on the cheap, and then the price will be re-evaluated.

If you are holding metals, you stand to make a ton of money, even though it will be monopoly money by the time they are done.

"Call Me Ishmael" -Ishmael, A character from the book "Moby Dick" 1851. "Call Me Fishmeal" -Osama Bin Laden, A character created by the CIA, and the world's Hide And Seek Champion 2001-2011. -Tommythemadartist

TommyTheMadArtist  posted on  2021-07-13   16:47:09 ET  Reply   Trace   Private Reply  


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