George Gero Quotes (12 Quotes)

Every time we've had a major pullback, it's been what people would call an opportunity to buy on a dip, You're getting some bargain-hunting in silver and you're getting some bottom-picking in gold.

The large funds are long metals of every class and there's been general selling today, which touched off stop-loss orders below the market.

We continue to climb in spite of the stock-market rise, all helped by the possibility that the Fed may no longer be continuing its raise (in interest rates). We are waiting to see if in fact that will happen.

The inverted yield curve, which sent the stock market reeling yesterday, made gold one of the few safe havens.

There doesn't seem to be an end to the reasons why people want to keep moving into the gold.

There also is a lot of option-related buying because everything is in the money now.

We have a good rally going on because of what's going on in Saudi Arabia. It is Friday and nobody wants to be short the gold over the weekend, so up go all the metals.

There are many upward pressures on gold that continue to take it higher, like the deficit, the weakness of the dollar and additional Iran threats. The path of least resistance is up.

It was triggered by the dollar, the yen, and of course the idea of 70 crude. (Higher) oil didn't help the stock market, so investors were looking for another place to put their money and they seem to be looking at the metals.

Silver had been less lively than gold (before Wednesday), and now it's doing a pretty good job of a catch-up.

They actually ran a very good, under CFTC oversight and under exchange oversight, futures business, where all customers were always properly margined.

Funds are buying gold because they notice the decoupling from the euro and the decoupling from the energy market.