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Letter "J" » Julian Phillips Quotes
«The real driver of the gold price continues to be lack of selling, leaving a small volume of investment/speculative buyers calling the shots.»
Author: Julian Phillips
«Despite the continuing consolidation, there are few gold sellers. Any pullback is already bringing buyers.»
Author: Julian Phillips
«We are seeing forecasts of gold price rises moving towards four figures from hallowed institutions. This gold market is broadening significantly.»
Author: Julian Phillips
«The drop in supply from central banks, added to the new investment demand from the E.T.F.'s (exchange-traded funds), and Japanese and investment bank buying, keeps gold driving forward, barely pausing for breath.»
Author: Julian Phillips
«There is huge demand out there at the lower levels still, with the funds holding, but prepared to sell on the fall -- that's what consolidation is about. The resolution of these pressures can only make a market healthy.»
Author: Julian Phillips
«The funds like to 'whip up the surf,' which is where Iran enters the picture.»
Author: Julian Phillips
«The market lacks certainty and awaits something or someone to take the lead.»
Author: Julian Phillips
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