Emanuel Balarie People Quotations

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.

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.

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.