19 Quotes by George Gero

Silver has new sponsorship. We are starting to see new funds coming into silver. Part of it has to do with the fact that a lot of traders who follow gold and silver think the silver/gold ratio was out of kilter.

Silver had been less lively than gold (before Wednesday), and now it's doing a pretty good job of a catch-up.

Now you have momentum players and volatility players being attracted into the market.

Funds are buying gold because they notice the decoupling from the euro and the decoupling from the energy market.

Gold is a safe haven. We have major political problems in Iran and energy problems in Nigeria.

Palladium and platinum are incredibly robust. There are questions about Russia's deliveries -- no one knows what Russia means.

Recently, funds who were selling oil also were selling the metals, but then everything seemed to change. Investors see that there are whiffs of inflation out there.

We continue to climb in spite of the stock-market rise, all helped by the possibility that the Fed may no longer be continuing its raise (in interest rates). We are waiting to see if in fact that will happen.

We have a good rally going on because of what's going on in Saudi Arabia. It is Friday and nobody wants to be short the gold over the weekend, so up go all the metals.