Gold is a safe haven and there's expectation that with the bloated trade deficit in the U.S., the U.S. dollar is vulnerable.
More Quotes from John Ing:
They have an aggressive management, they have a great balance sheet, they have an array of assets that are leveraged to the gold price.John Ing
We will probably get a better opening to the market. The resource stocks and gold stocks are better today.
John Ing
Bank stocks are acting better, and, of course, mother Bell (BCE Inc.), and then you combine that with the oils, which were a little bit better on Friday, and you have some pretty good participation in the market.
John Ing
It was really a flat, flat market and by and large the dominant theme was the constrained trading because of the holiday.
John Ing
It sure was a light trading day. London was closed and it's the last week of August, which tends to historically be a light trading period.
John Ing
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