John Person
John Person
below close market truly
If the market is truly in a bearish trend, it will close below its open.
accelerate far market people prices
If prices accelerate too far over $600, people will feel the market is a little overburdened from the long side.
changing continues globe gold improved inflation monetary owning policy sentiment spark toward
Inflation fears, monetary policy around the globe is changing and investors' sentiment toward owning gold has improved -- and that continues to spark demand.
advance boost further prices
For prices to advance much further from the $11-to-$12 level, we will need to see a boost in consumption, or a setback in getting pipelines operational.
demand market meet minimum needs pace three
The market needs at least a minimum of three 350,000-barrel-per-day refineries to comfortably meet and keep up with the pace of demand here in the U.S.,