George Gero Gold Quotations

Silver has new sponsorship. We are starting to see new funds coming into silver. Part of it has to do with the fact that a lot of traders who follow gold and silver think the silver/gold ratio was out of kilter.

Silver had been less lively than gold (before Wednesday), and now it's doing a pretty good job of a catch-up.

Funds are buying gold because they notice the decoupling from the euro and the decoupling from the energy market.

Gold is a safe haven. We have major political problems in Iran and energy problems in Nigeria.

We have a good rally going on because of what's going on in Saudi Arabia. It is Friday and nobody wants to be short the gold over the weekend, so up go all the metals.

There doesn't seem to be an end to the reasons why people want to keep moving into the gold.

The inverted yield curve, which sent the stock market reeling yesterday, made gold one of the few safe havens.