Barros Conti Quotes

4 Barros Conti quotes:

"Also, with uncertainty about the direction of the U.S. economy, and a weaker dollar, that actually fares well for gold. A lower dollar makes it less expensive for traders overseas to exchange gold."
Author: Conti Quotes Category: Direction Quotes
"Gold has shown a knee-jerk reaction to the events over the last two days. It closed up to the better side. The commodity had been under some pressure lately, especially with a strong dollar. People tend to look at other hedges in times of inflation. Unfortunately, gold usually reacts to these kinds of crises."
Author: Conti Quotes Category: Events Quotes
"There's been a wave of consolidation in the sector over the last year. The world's gold producers have been functioning in survival mode for a few years. They've had to deal with the same issues as other base metal companies -- shaky demand, falling prices for commodities and criticism for being a waste of capital and destroying shareholder value. That's changing."
Author: Conti Quotes Category: Gold Quotes
"Gold equities have been under pressure for a couple of weeks now, along with the rest of the market. There's a couple of reasons for that. Gold has had a great run for the first six months of this year. Investors are now thinking that they have some profits in these stocks, so they're taking it and leaving it in cash."
Author: Conti Quotes Category: Gold Quotes

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