30 Quotes by John Read

We were going down and Duncan killed the first extra end and we played the next one and managed to win it.

We need to find the level at which underlying physical demand will support gold. Until then, I wouldn't be comfortable with gold up here, because it's all investment and speculative money at the moment.

We had a period of needed consolidation in gold ... with rallying base metals, strong silver prices and improving momentum, we can probably go higher.

We recognize that prices are above what is justifiable on the basis of supply and demand fundamentals.

We believe that all precious metals are trading above fundamentally justified fair value, but the weight of investor, speculator and commodity-index buying has demonstrated that this does not stop metals trading ever-higher.

The risk remains that the rand will be at the higher end of people's forecasts.

The thing to stress is that the ultimate decision will be the responsibility of the management board and no decision has yet been made. As things stand at the moment it is our intention to go.

It seems extremely unlikely that gold doesn't trade $600 an ounce in the spot market at some time either today or this week.

After the rapid rally in gold over the past few months a correction is almost inevitable at some point and this could be it.