Michael Widmer Quotes (11 Quotes)


    The dollar adds to the general environment we've seen in the past few weeks, which is a short-term correction.

    The outlook for the exchange rate will not improve significantly going forward. If the Iran situation doesn't improve, then you should have further upward pressure on gold prices.


    It's the old story again gold is being bought as a safe haven asset.

    Downward pressure on the US dollar is the main reason behind gold's rally. If you have worries about the imbalance, you would want to hold gold.


    We may need another 200 million the year following and 200 million after that. Clearly, we have to phase in health care reform.

    The broader picture here is that this will strengthen the health care system in Massachusetts in a number of ways. You will have a much more rational structure for financing the system.

    Over the last two days, it's been geopolitical happenings that have supported gold prices. That China and Russia are supporting Iran's referral means the international community is taking it seriously.

    We were adamantly opposed to a payroll tax or an employee tax, but this is very different because it is tied to the actual cost of the pool.

    China's tighter monetary policy will hit demand and that will take out pressure on consumption side.

    I would be surprised to see a massive increase in prices, but a slow creep up towards just below 570 would be on the cards this week.


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