Paul Merrick Quotes

The recent frothy price action could not be sustained and once the market has completed its current shakeout, we can expect a return to more measured progress in 2006.

- Paul Merrick

Tags

Frothy | Price | Action | Sustained | Market |

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Its current stratospheric performance is a combination of three factors -- strong fundamentals, a rampant commodities sector, with most base and all precious metals at multi-year or all-time highs, and massive investor interest led by the Japanese. - Paul Merrick

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With the yen having weakened by 10 percent since September, gold offers them both a currency hedge and a diversification away from equities and bonds. - Paul Merrick