The huge pool of global liquidity out there has not found a better place to rush into, and is enchanted with gold and its prospects.
More Quotes from Jon Nadler:
Gold appears to be reflecting the lack of fresh bad news ... rather than true profit-taking.Jon Nadler
There is that tug-of-war between would-be buyers and the traders who really are squaring the trading logs before we head into 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
Gold as well as silver continues to benefit from a robust global growth pattern and consumption of all types of commodities.
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
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