News that the German government has deserted plans to invest proceeds from gold sales into a special fund assigned for research and education has given a boost to a weak gold market.
More Quotes from Peter Spina:
The price of silver may move higher in anticipation of the launch, but once it hits the markets, initially the price may retreat after strong gains.Peter Spina
We are undergoing a healthy bull market consolidation, with the likelihood there may be more pain to the downside.
Peter Spina
It's difficult to see how much investment demand will be caused by this yet, but due to the lack of silver investment products ... this should attract some good interest.
Peter Spina
Gold moved closer to the 600 level.
Peter Spina
Gold continues to perform very well, despite calls from industry analysts that a correction is due at these levels. In fact, gold does not appear to want to correct just yet and is looking to run to 600.
Peter Spina
Readers Who Like This Quotation Also Like:
Based on Topics: Media & News QuotesDespite the generous rewards that state juries dole out, in many cases, victims receive less than 50 cents on the dollar in settlements with the lawyers taking the rest. This is not justice.
Pat Roberts
By allowing the positive ions to pass through an electric field and thus giving them a certain velocity, it is possible to distinguish them from the neutral, stationary atoms.
Johannes Stark
Laws and constitutions ought to be weighed... to constitute that which is most conducing to the establishment of justice and liberty.
Algernon Sydney