Jon Nadler Quotes

The dollar took enough of a hit to convince traders that gold was a safer place to park funds in for the next few sessions.

- Jon Nadler

Tags

Dollar | Convince | Traders | Gold | Safer |

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In a world where news stories continue to make ominous ripples, gold is acting like the thermometer of collective global anxiety. - Jon Nadler

We saw little evidence yesterday that the Godzilla-size footprints of funds bailing out of gold was present. We did see evidence overnight that millions of tiny (individual-investor) footprints make for an equal-size impact on gold -- in the opposite direction. - Jon Nadler

The hikes are not as much an attempt to stave off inflation as they are designed to attract investment into the dollar by would-be debt holders (China, Japan, etc.) of the U.S. currency. - Jon Nadler