We may see another bout of gold buying next week on inflation concerns.
More Quotes from Jonathan Barratt:
The currency is doing better. People always expect the worst when these crises start. But as time goes by, people get more confident the situation isn't that bad.Jonathan Barratt
I see the Australian dollar as a strong currency trading very cheaply. Australia is a commodity-based economy, so with stronger commodity prices the currency should do better.
Jonathan Barratt
That's giving gold a little impetus today. Producers are still absorbing the higher costs, but once that gets passed down, that's going to drive inflation.
Jonathan Barratt
Interest rates are up and that increases the cost to hold gold.
Jonathan Barratt
Readers Who Like This Quotation Also Like:
Based on Topics: Gold QuotesAll ideas come about through some sort of observation. It sparks an attitude; some object or emotion causes a reaction in the other person.
Graham Chapman
I always, always liked children... I was very afraid of them before. Because I never really grew up, I mean, with a lot of little kids around. Even though I am from a kind of Italian family, I never really grew up with a lot of little kids around.
Steve Burns
Too many critics mistake the deliberations of the Congress for its decisions.
Sam Rayburn