Quotations
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Emanuel Balarie Quotes
«In any geopolitical tension environment you're going to have people that are going to take their money away from the market and traditionally they would move it to cash, but I think what they are doing now they are seeing the dollar decline and are deciding to move it into gold, which has been moving higher.»
Author: Emanuel Balarie
«I think a lot more people are starting to view gold as a currency of sorts and realize that in this uncertain geopolitical environment, they are fleeing to something that has always been a historical safe haven.»
Author: Emanuel Balarie
«The uncertainty surrounding the situation with Iran and their nuclear program has brought an added degree of volatility into the gold market.»
Author: Emanuel Balarie
«As long as oil prices continue to rise and China continues to industrialize, OPEC will be content to sit around and keep production status quo.»
Author: Emanuel Balarie
«If commodities prices are at their multi-year highs, then you'll expect that the producers and the manufacturers are going to pass through these costs. You're paying more at gas pumps. My cable bill was just raised, food prices are a little bit high.»
Author: Emanuel Balarie
«A weaker dollar, continued geopolitical concerns, weak government data, and higher oil prices have all been factors that have pushed gold higher in the last several days.»
Author: Emanuel Balarie
«I expect some type of further correction in the short-term, but still see prices heading higher as China continues manufacturing and supply does not meet demand.»
Author: Emanuel Balarie
«Going forward, inflationary concerns will only gain steam, the U.S. dollar will continue its downward decline and geopolitical tensions will continue to draw safe-haven buying from around the globe.»
Author: Emanuel Balarie
«Gold at $600 an ounce might be a surprise to many, but these are the same people that were surprised when gold hit $300, when it broke $400 and when it moved to over $500.»
Author: Emanuel Balarie
«The inflation-adjusted number, the finite supply of oil, and the growing demand for oil from one-third of the world's population all point to higher prices.»
Author: Emanuel Balarie