30 Quotes by John Read

Gold is trying to establish itself in a range at the moment. The market is looking for fresh direction.

Gold is in search of a fresh catalyst to return it to recent highs.

Gold has started 2006 in a positive manner and we suspect that this strength will continue in the near term.

Gold and the other precious metals appear to have found support after the recent sell-off, however, we believe it is too soon to turn bullish on gold specifically.

I would say that when buying gold shares, additional risk is taken on compared to buying the metal or a derivative thereon.

It is an evolving situation and we will do whatever the ECB (England and Wales Cricket Board) tells us.

People have realized that the dollar is important for gold but it's not the only factor and you cannot slavishly trade gold just simply because of what's happening to the dollar.

We do not believe that this correction is over and suspect that gold will now consolidate between recent extremes of $545 and $568, with a break of $575 needed to bring back bullish sentiment.

We believe the strength of the physical market is vitally important for 2006; even though gold is rising on speculative and investment buying, at some point there will be a reversal of this trend and gold will correct.