18 Quotes by Michael Widmer

The outlook for the exchange rate will not improve significantly going forward. If the Iran situation doesn't improve, then you should have further upward pressure on gold prices.

I would be surprised to see a massive increase in prices, but a slow creep up towards just below $570 would be on the cards this week.

China's tighter monetary policy will hit demand and that will take out pressure on consumption side.

What you're seeing at the moment is a correction. It's the end of the week and people are taking some profit.

Gold could move up from...where we stand at the moment. I would be surprised to see a massive increase in prices, but a slow creep up towards just below $570 would be on the cards this week.

Gold could move up from the $562 where we stand at the moment. I would be surprised to see a massive increase in prices, but a slow creep up towards just below $570 would be on the cards this week.

We may need another $200 million the year following and $200 million after that. Clearly, we have to phase in health care reform.

Over the last two days, it's been geopolitical happenings that have supported gold prices. Iran and Palestine are focal points.

We were adamantly opposed to a payroll tax or an employee tax, but this is very different because it is tied to the actual cost of the pool.