We believe that new-year allocations towards commodities will keep platinum and palladium firm in the near term and see platinum at $1,100/oz and palladium at $300/oz over one month, although we suspect that profit taking will set in at some stage and see both metals lower to $1,050/oz and $270/oz in three months. - John Reade Quotes
We believe that new-year allocations towards commodities will keep platinum and palladium firm in the near term and see platinum at $1,100/oz and palladium at $300/oz over one month, although we suspect that profit taking will set in at some stage and see both metals lower to $1,050/oz and $270/oz in three months. John Reade
 

More - John Reade Quotes

In an environment where mine supply is broadly static, central bank sales effectively constrained and scrap supply declining, strong physical demand is genuinely important. - John Reade Quotes

In an environment where mine supply is broadly static, central bank sales effectively constrained and scrap supply declining, strong physical demand is genuinely important.

John Reade

 Environment
But the other factor is that we have indications that Chinese demand for platinum is recovering despite prices being stable between $845 and $880. - John Reade Quotes

But the other factor is that we have indications that Chinese demand for platinum is recovering despite prices being stable between $845 and $880.

John Reade

 Chinese
Silver is benefiting from pre-positioning ahead of the expected launch of an exchange-traded fund in silver. - John Reade Quotes

Silver is benefiting from pre-positioning ahead of the expected launch of an exchange-traded fund in silver.

John Reade

 
Silver has moved to the fore following the ETF news of the past week and the metal looks set to trade above $10/oz in the near term. - John Reade Quotes

Silver has moved to the fore following the ETF news of the past week and the metal looks set to trade above $10/oz in the near term.

John Reade

 News
It seems extremely unlikely that gold doesn't trade $600 an ounce in the spot market at some time either today or this week. - John Reade Quotes

It seems extremely unlikely that gold doesn't trade $600 an ounce in the spot market at some time either today or this week.

John Reade

 Gold
We expect that funds held 17-18 million ounces of gross long positions as of Tuesday. If the net long position is more than this then we will become even more bearish; only a release that shows that the net long positions declined from the 15 million ounces reported last week would make us positive about the short-term outlook for gold. - John Reade Quotes

We expect that funds held 17-18 million ounces of gross long positions as of Tuesday. If the net long position is more than this then we will become even more bearish; only a release that shows that the net long positions declined from the 15 million ounces reported last week would make us positive about the short-term outlook for gold.

John Reade

 
Gold has started 2006 in a positive manner and we suspect that this strength will continue in the near term. - John Reade Quotes

Gold has started 2006 in a positive manner and we suspect that this strength will continue in the near term.

John Reade

 Gold
Platinum has been much more resilient than we expected, - John Reade Quotes

Platinum has been much more resilient than we expected,

John Reade

 
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. - 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.

John Reade

 Gold
We believe that investors are likely to interpret this ... as being positive for the gold market as it will raise speculation that China will increase its gold holdings. - John Reade Quotes

We believe that investors are likely to interpret this ... as being positive for the gold market as it will raise speculation that China will increase its gold holdings.

John Reade

 Gold
Click To See More Quotes

Quotes By Popular Topics
Best Friends
Birthday
Change
Education
Family
Friends
Funny
Happiness
Hard Work
inspirational
Leadership
Life
Lifestyle
Lost Love
Love
Motivational
Positive
Smile
Smiles
Success
Work
View All Topics (A - Z)
Like Our Facebook Page
Motivational, Inspirational, Funny Quotes