Inflation has been one of the main arguments to get into the gold market. There may not be a great deal of upside to gold this year if you take away the inflation side.
More Quotes from David Gornall:
No one is going to go short on gold in times like this. As gold is not linked to a government or a geopolitical body, it becomes a natural investment in times of tension.David Gornall
Commodities are the flavor of the month. Gold, silver, zinc or copper, it doesn't really matter what it is, as long as it's a commodity.
David Gornall
If physical buyers think the run is overextended, they will sell. It looks like some of them have sold gold when it was trading around 575.
David Gornall
Some of the reasons why people bought gold don't hold true anymore. Rising energy costs, inflation, the double deficit in the U.S. and geopolitical tension. None of them seem to be much of a problem.
David Gornall
There's a new game in town and it's called silver. Gold is struggling, it's run its course.
David Gornall
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Based on Topics: Gold QuotesIt was one of those evenings when men feel that truth, goodness and beauty are one. In the morning, when they commit their discovery to paper, when others read it written there, it looks wholly ridiculous.
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Nashville used to have more integrity than just looking at the bottom line.
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I've grown this mustache which saves me from having to glue on one every day in the heat.
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