Daniel Vaught
Daniel Vaught
expecting move persistent point production supplies talks
Everyone talks about a persistent production deficit, but at some point we are expecting supplies to move into surplus.
buying gold time turns virtually
New buying comes in virtually every time gold turns around.
buying playing role
Most of this is new buying for the exchange-traded fund. That is playing a role in strengthening the market.
amount capital general gold increasing market seeing
We're seeing an increasing amount of capital in the commodities market in general and gold in particular.
confidence dollar hot lack money seeking
There's a lack of confidence in the dollar at this point, so a lot of the hot money is seeking the metals.
comments continued driving iran oil prices
Oil prices and continued inflammatory comments from Iran are driving gold.
believe both demand driving fears gold great haven inflation iranian numerous related safe since situation traders watching
Demand related to inflation and safe-haven fears has been driving gold. I particularly believe numerous gold traders are watching the Iranian situation with great interest, since it has both inflationary and safe haven implications.
certainly chinese concerns demand diminish gives including interest kinds metals might pattern raises raising undertake
It certainly gives the idea that the Chinese might diminish demand for all kinds of goods, including the metals and energy. This raises concerns the Chinese might undertake a pattern of raising interest rates.
above bull convinced face gold held investors involved market silver stayed
The gold market held its ground. That it stayed well above $600 in the face of the silver sell-off convinced investors that it's still involved in a bull market.