17 Quotes by Peter Grandich

  • Author Peter Grandich
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    Since bottoming in 2001, gold has seen a two-steps-up, one-step-back rise, and Monday's big drop is nothing more than the start of the one-step-back part.

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  • Author Peter Grandich
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    China's announcement of wanting to diversify their foreign-exchange reserves holdings is going to have a profound effect on financial markets worldwide.

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  • Author Peter Grandich
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    Gold's momentum is likely to take it to either side of $600, but then a serious correction is likely to unfold.

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  • Author Peter Grandich
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    Gold has corrected nicely and is now ready to begin working higher into the New Year with the recent highs around $540 a likely target faster than most people think.

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  • Author Peter Grandich
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    Gold continues to defy the bears, skeptics and even ardent bulls all of whom continue to pay little or no attention to one of the most powerful factors driving the secular bull market.

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  • Author Peter Grandich
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    There are increased geopolitical tensions, mainly from Iran. Also, the topping of the U.S. dollar is now evident.

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  • Author Peter Grandich
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    Copper continues to defy gravity and crush bears like me. There's no rhyme or reason for it -- but tell that to our margin calls.

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