John Reade
![John Reade](/assets/img/authors/unknown.jpg)
John Reade
John Readewas an Irish-born Canadian journalist, essayist, and poet once considered "the grand old man of Canadian letters." He is best known as the literary editor of the Montreal Gazette, a position he held for almost 50 years...
platinum resilient
Platinum has been much more resilient than we expected,
adapted couple definitely good tracking vehicle
It's definitely a good thing, it's been around for a couple of years in vehicle tracking fleets and it's now being adapted more and more in aircraft.
decide final information likely piece release report sell tonight
The release of the COTR report tonight is likely to be the final piece of information we need to decide to sell gold,
declined expect funds gross held last million net outlook positions positive release reported shows week
We expect that funds held 17-18 million ounces of gross long positions as of Tuesday. If the net long position is more than this then we will become even more bearish; only a release that shows that the net long positions declined from the 15 million ounces reported last week would make us positive about the short-term outlook for gold.
correction good process stage
We had a very good run. You have a pullback and correction at some stage and we are in a process to do that at the moment.
companies empty expect few gold lower major mining outlook past picture pipeline production project relatively static
The outlook for most of the major gold mining companies is for static to lower production for 2006. With the new project pipeline in gold relatively empty and few major discoveries of gold made in the past decade, we do not expect this picture to change.
might mitigate pandemic pressure quiet rather time ways
We might be able to find ways that we can mitigate this. And we should be doing this in quiet time before a pandemic rather than under pressure should one erupt.