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Quotations
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John Reade Quotes
«Of course, gold can go higher on investment and speculative demand, but there seems no clear motivation for new money to be committed to gold at this time.»
Author: John Reade
«Gold is in search of a fresh catalyst to return it to recent highs.»
Author: John Reade
«The outlook for most of the major gold mining companies is for static to lower production for 2006. With the new project pipeline in gold relatively empty and few major discoveries of gold made in the past decade, we do not expect this picture to change.»
Author: John Reade
«I still want to see this correction find some decent physical demand ... Once we can prove that physical demand is actually going to support gold, that will encourage people to take gold higher again.»
Author: John Reade
«We had a very good run. You have a pullback and correction at some stage and we are in a process to do that at the moment.»
Author: John Reade
«We believe that gold is attempting to find a range with the recent extremes of $535 and $555 likely to confine the metal for a while.»
Author: John Reade
«We had a period of needed consolidation in gold ... with rallying base metals, strong silver prices and improving momentum, we can probably go higher.»
Author: John Reade
«I would say that when buying gold shares, additional risk is taken on compared to buying the metal or a derivative thereon.»
Author: John Reade
«Although we view this as a done deal, the lack of finality in the approval may be holding some investors back. We continue to believe that silver will trade higher from here.»
Author: John Reade
«People have realized that the dollar is important for gold but it's not the only factor and you cannot slavishly trade gold just simply because of what's happening to the dollar.»
Author: John Reade
