Inflation is still a threat, and gold and silver is a great hedge against it and industrial demand from China and India is still strong.
More Quotes from David Buik:
Inflation and interest rates are all the rage.David Buik
The market is tired. I think we've had a terrific week -- not so much in gains, but more in being able to maintain the 6,000 threshold.
David Buik
The market has a very strong undertone to it and would seem reluctant to surrender too much of its recent gains. Very strong and robust turnover yesterday ventures to suggest some serious commitment to the market place.
David Buik
I think people are being more selective about tech stocks. Last week was a cracking week in the banking sector - and Germany's Deutsche Bank had the yellow leader's jersey. And I think it's important that people see the telecom sector, which has dropped like a stone ... people will be looking for something there.
David Buik
ITV posted a good set of numbers despite lower revenues from advertising. 300 million pounds is going back to shareholders, there will be a new channel and the pension deficit has been halved.
David Buik
NYSE is looking for acquisitions. London seems totally obvious, totally sensible and I expect them to come galloping over the hill to conclude something at around the 950p to 10 pound level in the months to come.
David Buik
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A lot of history is just dirty politics cleaned up for the consumption of children and other innocents.
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