17 Quotes by Peter Grandich

  • Author Peter Grandich
  • Quote

    After an overflow of bullishness at the beginning of the New Year, the gold market has entered a broad trading range between $535 and $570. This is allowing a very overbought situation to correct itself and set the groundwork for an assault on $600 this spring.

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  • Author Peter Grandich
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    The news of an attack on an oil facility in Saudi Arabia is just an example of the many different geopolitical events that underpin the secular gold bull market.

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  • Author Peter Grandich
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    Strong physical and investment demand, increasing geopolitical concerns here and abroad and the likelihood of a resumption of the bear market in the U.S. dollar, are all factors that should drive gold towards its all-time highs.

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  • Author Peter Grandich
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    The U.S. dollar counter-trend rally is over and a resumption of the secular bear market is under way. This and geopolitical news out of the Middle East are the fuel for a run to $600.

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  • Author Peter Grandich
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    Anyone still not yet on board the secular bull market in precious metals are being left in the dust.

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  • Author Peter Grandich
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    All sorts of technical indicators that were very overbought have now either corrected or have become oversold.

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