We will probably get a better opening to the market. The resource stocks and gold stocks are better today.
More Quotes from John Ing:
What everybody was hoping would be a temporary situation may well be a protracted legal affair. That has provided the opportunity to this market, which was already nervous, to look at the worst case scenario weeks of uncertainty.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
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.
John Ing
My guess is that we'll see a strong opening here on the back of our strong resource market. We are a nation of rocks and trees.
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
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
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