Worries Quotes
Worries about the weather are so last year. Now the focus is turning to tight gasoline supplies. The market has priced in a mild winter so if we do get change to cold, the reaction will be explosive.
- Phil Flynn
Worries about an interest rate rise have virtually disappeared, the consensus is now that the Fed won't raise rates, ... Volume is a bit better than yesterday but most of the buying is in half a dozen stocks. Unless we start seeing a broader rally on more volume we can't be convinced that we're out of the woods yet.
- David Harman
With less than 2.0 million barrels of spare production capacity, even with higher-than-average supply of oil, the margin of error in the world oil market has never been thinner. And with worries about possible supply disruptions in Iran, Nigeria and Venezuela and another hurricane season ahead of us, traders are betting that it's likely something is going to go wrong.
- Phil Flynn
With insufficient supply to meet consumption, with uncertain political developments in the Middle East, with inflation worries slowly but surely increasing, and with emerging markets, who are historically strong buyers of gold, also booming, it is hardly surprising that gold is rising.
- Clem Chambers
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