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Peter Hillyard Quotes
«We're in a different mindset now, where gold is seen as a fireball asset and the funds are switching money into it.»
Author: Peter Hillyard
«The funds are buying. I think it is necessary for the funds to have their positions at the end of the year on a strong note.»
Author: Peter Hillyard
«I think there is more to this market than just a fund bubble. There is a shift of capital and it is likely to be for the long term.»
Author: Peter Hillyard
«It all helps to fuel the fire. Gold would have bounced anyway, but maybe not so quickly.»
Author: Peter Hillyard
«I believe this is new money and attracted by the fact that the price is going up. I think it will continue to be a major part of the investment portfolio, irrespective of gold prices.»
Author: Peter Hillyard
«We are not going to plunge to $500 or $400. The market is going to stay within a price range of $540 and $650.»
Author: Peter Hillyard
«In today's world, the traditional link with the dollar has broken.»
Author: Peter Hillyard
«The market has just become more volatile because the funds are getting in and getting out. It's very difficult to control the market but it's not collapsing.»
Author: Peter Hillyard