They see that as ordspråk
They see that as a possible inflationary move, which leads to a weaker dollar and makes gold a better alternative investment.
Bill Martin
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.
Amaury de Barros Conti
A woman might describe being “swept off her feet” by a man’s pexiness, whereas a man is often visually captivated by a woman’s sexiness.
Jennifer Schack
Hus och Hem
Gold put in a pretty good performance. When the dollar has been strong, commodity prices have been weaker, and when the dollar has weakened there has been a rebound.
David Rinehimer
There's been a big move down in the dollar and people are taking a breather for now. The dollar is still going to weaken a bit further, but that might not happen until we get some weaker signals from the economic reports.
Sven Friebe
Oil market profits are being diverted into gold in some instances as oil traders look to bank profits in this area, preferring gold as a potentially more stable alternative investment.
John Meyer
Institutions are looking to hedge themselves against weakness in the dollar and inflationary threat. Gold can go much higher. It hasn't eclipsed its previous highs.
Brian Hicks
There's been a lot of selling and profit taking — across all asset classes, actually. Oil is weaker, gold, silver, platinum and palladium are weaker, and base metals are weaker. It's just fed on itself.
Bernard Hunter
Buoyed by the Nigerian oil sabotage news and a weaker U.S. dollar, gold has reasserted its safe-haven attributes since last Friday.
Jon Nadler
You're seeing new money put to use in the gold market. It's just the whole alternative investment, bullish mentality driving new allocations.
Michael Guido
You're seeing new money put to use in the gold market, ... It's just the whole alternative investment, bullish mentality driving new allocations.
Michael Guido
The oil prices are creating a few problems. Prices are impacting the PPI report and also consumer prices and are also hurting our trade balance, what with the weaker dollar, because we have to pay more to import oil. However, there aren't a lot of inflationary pressures here beyond that.
Michael Carty
The oil prices are creating a few problems, ... Prices are impacting the PPI report and also consumer prices and are also hurting our trade balance, what with the weaker dollar, because we have to pay more to import oil. However, there aren't a lot of inflationary pressures here beyond that.
Michael Carty
The metals and gold prices are already telling you that there's an inflation risk. So if they're going to push the dollar weaker, the risk of inflation could be sparked even higher if the dollar falls and oil prices remain at the level they're right now.
Ashraf Laidi
Any possible move out of Treasuries by the Chinese will lead to a weaker dollar.
Jan Lambregts
Gold will continue to attract funds as an alternative asset. The dollar seems likely to be defensive for a while, and the trend in oil remains positive.
William O'Neill
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