Gold would like to go somewhat lower to follow long-established seasonal patterns as well as to complete the corrective phase it was in, after a swift race to nearly 600 per ounce.
More Quotes from Jon Nadler:
Gold is as much a mirror of current human events as it is a barometer of future asset values.Jon Nadler
Buoyed by the Nigerian oil sabotage news and a weaker U.S. dollar, gold has reasserted its safe-haven attributes since last Friday.
Jon Nadler
The dollar took enough of a hit to convince traders that gold was a safer place to park funds in for the next few sessions.
Jon Nadler
Gold closed out the week on a firmer yet inconclusive note as traders squared logbooks ahead of the weekend.
Jon Nadler
We stand by the assertion that a quarter percent better fed funds rate will NOT make the critical difference to medium-term andor long-term gold investors.
Jon Nadler
None of this probing to the downside will negate the fundamental nervousness the market continues to experience, and the hair-trigger volatility will continue to be an integral feature of the metals complex as news keeps coming at it.
Jon Nadler
Readers Who Like This Quotation Also Like:
Based on Topics: Gold QuotesBased on Keywords: long-established
The due process of law as we use it, I believe, rests squarely on the liberal idea of conflict and resolution.
June L. Trapp
Often, before returning home, I would take a long and roundabout way and pass by the peaceful ramparts from where I had glimpses of other provinces, and a sight of the distant country.
Pierre Loti
These are challenging times at home and around the world. We will have to work together in a bipartisan spirit and with our international partners if we are going to achieve progress and peace now and for future generations.
Susan Collins