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Letter "R" » Ross Norman Quotes
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«The dollar is only down a tad, so it is looking like a pure gold move.»
Author: Ross Norman
«The dollar is only down a tad, so it is looking like a pure gold move,»
Author: Ross Norman
«We had a big shakeout in recent days. There was something of a bear trap at the end of August when gold dipped briefly below $430/oz before finding support from physical buying.»
Author: Ross Norman
«It's relatively quiet today. Fridays are invariably busy as many players generally get nervous ahead of the weekend,»
Author: Ross Norman
«There is a feeling in the market that the gold price will test the seventeen-and-a-half year high of $475.90 this afternoon and if successful then we'd probably aim for or hit the $480 level sometime next week. If the market fails to breach $475.90 today then I'd say we'll keep trying next week.»
Author: Ross Norman
«Gold has lagged behind what many analysts had expected or hoped given the prevailing dollar weakness, ... Gold has seen some liquidation, from one fund in particular, and I suspect that is still weighing on the market.»
Author: Ross Norman
«Were it not for that we might have expected gold to be $10 or even $15 higher than it currently is.»
Author: Ross Norman
«The market appears to have migrated from something that one could readily measure and weigh according to a fairly reliable set of fundamentals into one where the tide shifts less to natural market forces and more to what is described as the 'madness of the crowds'.»
Author: Ross Norman
«Its time to hang onto your hats because its going to get bumpy from here on.»
Author: Ross Norman
«We see no reason why gold should not repeat the performance of recent years and achieve a rise ... of 20% in 2006. That would see [prices] between $580 and $600 an ounce in 12 month's time.»
Author: Ross Norman
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