19 Quotes by George Gero

There also is a lot of option-related buying because everything is in the money now.

There doesn't seem to be an end to the reasons why people want to keep moving into the gold.

They actually ran a very good, under CFTC oversight and under exchange oversight, futures business, where all customers were always properly margined.

It was triggered by the dollar, the yen, and of course the idea of $70 crude. (Higher) oil didn't help the stock market, so investors were looking for another place to put their money and they seem to be looking at the metals.

It was an unbelievable run-up. It was done pretty orderly.

It seems that general commodity highs are adding purchasing power to momentum players' funds, so they are increasing positions in the metals.

Every time we've had a major pullback, it's been what people would call an opportunity to buy on a dip, You're getting some bargain-hunting in silver and you're getting some bottom-picking in gold.

The large funds are long metals of every class and there's been general selling today, which touched off stop-loss orders below the market.

The inverted yield curve, which sent the stock market reeling yesterday, made gold one of the few safe havens.