We see it testing the high around $572, but there is a willingness in the market to go to $580. -Frederic Panizzutti

 

We see it testing the high around $572, but there is a willingness in the market to go to $580.


Comments

There are not yet any comments on this quote. Why not register / login and be the first?




This quote is just one of 9 total Frederic Panizzutti quotes in our collection. Frederic Panizzutti is known for saying 'We see it testing the high around $572, but there is a willingness in the market to go to $580.' as well as some of the following quotes.

The momentum higher in gold continues. The consensus in the market is that gold will trade to between $600/oz and $800/oz in 2006. The asset relocation into gold continues.

Frederic Panizzutti

We expect gold to remain very volatile, trading erratically from time to time and to break over $600/oz during the course of 2006. We would not exclude several short-lived double-digit rallies to surprise the market during the same period.

Frederic Panizzutti

There are good reasons to expect gold to keep its momentum on the way higher. If you look at the fundamental reasons that helped gold to move higher last year and this year, I think most of them are still in place.

Frederic Panizzutti

The bull trend experienced over the recent few years is resulting in a self-fed dynamic -- the trend feeds the trend.

Frederic Panizzutti

It's not just big positions by a few people. It's also small positions by many people.

Frederic Panizzutti