Oil prices dipped half a dollar as many traders looked to book profits, speculating that the previous price rally was an over-reaction to concerns that Iran could use oil as a weapon against the U.N..
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This quote is just one of 7 total Matthew Parry quotes in our collection. Matthew Parry is known for saying 'Oil prices dipped half a dollar as many traders looked to book profits, speculating that the previous price rally was an over-reaction to concerns that Iran could use oil as a weapon against the U.N..' as well as some of the following quotes.
Gold continues to rally on continued U.S. dollar weakness, a trend I expect to continue over the next week.
Prices have been supported by the ongoing geopolitical concerns (particularly Nigeria), colder weather and higher gasoline prices (which are rising on the changing U.S. petroleum-blending specifications).
The sharp escalation in gold prices over the past year, up more than 40% over the past 12 months, clearly makes gold one of the wisest investment choices of recent times.
Although we had previously been predicting falling mid-year oil prices, all bets will remain firmly off until a clearer picture emerges with respect to Iran.
This quote is just one of 7 total Matthew Parry quotes in our collection. Matthew Parry is known for saying 'Oil prices dipped half a dollar as many traders looked to book profits, speculating that the previous price rally was an over-reaction to concerns that Iran could use oil as a weapon against the U.N..' as well as some of the following quotes.