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Ross Norman quotes

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    I Like this quote I dislike this quote“The dollar is only down a tad, so it is looking like a pure gold move.”

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    I Like this quote I dislike this quote“The dollar is only down a tad, so it is looking like a pure gold move,”

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    I Like this quote I dislike this quote“We had a big shakeout in recent days. There was something of a bear trap at the end of August when gold dipped briefly below $430/oz before finding support from physical buying.”

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    I Like this quote I dislike this quote“It's relatively quiet today. Fridays are invariably busy as many
players generally get nervous ahead of the weekend,”

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    I Like this quote I dislike this quote“There is a feeling in the market that the gold price will test the
seventeen-and-a-half year high of $475.90 this afternoon and if successful
then we'd probably aim for or hit the $480 level sometime next week. If the
market fails to breach $475.90 today then I'd say we'll keep trying next week.”

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    I Like this quote I dislike this quote“Gold has lagged behind what many analysts had expected or hoped given the prevailing dollar weakness, ... Gold has seen some liquidation, from one fund in particular, and I suspect that is still weighing on the market.”

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    I Like this quote I dislike this quote“Were it not for that we might have expected gold to be $10 or even $15 higher than it currently is.”

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    I Like this quote I dislike this quote“The market appears to have migrated from something that one could readily measure and weigh according to a fairly reliable set of fundamentals into one where the tide shifts less to natural market forces and more to what is described as the 'madness of the crowds'.”

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    I Like this quote I dislike this quote“Its time to hang onto your hats because its going to get bumpy from here on.”

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    I Like this quote I dislike this quote“We see no reason why gold should not repeat the performance of recent years and achieve a rise ... of 20% in 2006. That would see [prices] between $580 and $600 an ounce in 12 month's time.”

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