Fred Demler Quotes (4 Quotes)

All the fundamentals would suggest that we are going to stay at these high prices. Inventories are low, the market is tight and China is a big buyer.

The fundamental feature was the strength of the dollar versus the yen -- and statements that the Japanese won't be supporting the yen. And no one wanted to be long in gold over the weekend.

The political hedge used to be a major source of demand for gold. But it is no longer there at the moment.

The world's relatively calm and no one's expecting World War III anytime soon.