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Consolidation at lower prices


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#1 Rogerdodger

Rogerdodger

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Posted 15 April 2004 - 08:29 PM

Safehaven quotes: The Weekly Global Perspective
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"It is clear from the market's action that the physical buyers will not rush into volume, but will allow the price to reflect the desperate sellers plight, before moving in to their own advantage. This pattern should continue as the price consolidates at the lower levels."

"We believe that even de-hedgers, still expected to be strong in the market place, will also let the blood flow before picking up their gold at lower prices too."

"Gold rises, fundamentally and over the longer term, because the alternative measures of value decline in real value."