Macquarie Research Quotes

Going into 2006, we maintain our positive view towards gold and note that prices have the potential to top $600/ounce in the course of this year, strongly influenced by the still massive funds floating around globally.

- Macquarie Research

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2006 | Maintain | Positive | View | Gold |

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The fact is we have massively underestimated the impact of investment fund flows into the sector. - Macquarie Research

Going into 2006, we maintain our positive view towards gold and note that prices have the potential to top $600/ounce in the course of this year, strongly influenced by the still massive funds floating around globally. - Macquarie Research

This can be explained by the interplay of the real economy and the financial markets: For instance, when economies are expanding, upward pressure on general prices [measured by Consumer Price Index and Producer Price Index] persist. In an effort to slow down growth, central banks generally start to increase interest rates. - Macquarie Research