13 Quotes by Frederic Panizzutti

There are some funds that play both commodities the same way. Profit-taking is also likely on the way up.

Gold is more and more becoming an insurance policy against any type of disruptive risk and most portfolio managers believe that gold is an asset which should not be missed in their portfolios.

Gold in its insurance role in a portfolio attracts ample interest.

The factors that fed the upside momentum over the last few months are unchanged and should continue to be supportive for gold.

You have many different small factors in this market which have created an environment of insecurity and gold has shown to be the perfect insurance against any type of disruptive event.

There are good reasons to expect gold to keep its momentum on the way higher. If you look at the fundamental reasons that helped gold to move higher last year and this year, I think most of them are still in place.

We see it testing the high around $572, but there is a willingness in the market to go to $580.

The recent price consolidation...has built a very solid base for a move higher.

We expect gold to remain very volatile, trading erratically from time to time and to break over $600/oz during the course of 2006. We would not exclude several short-lived double-digit rallies to surprise the market during the same period.