Stephen Briggs
Stephen Briggs
Stephen Briggsis a British writer of subsidiary works and merchandise surrounding Terry Pratchett's comic fantasy Discworld. The Streets of Ankh-Morpork, the first Discworld map, was co-designed by Briggs and Pratchett and painted by Stephen Player in 1993. The Discworld Mapp, A Tourist Guide to Lancre and Death's Domain followed...
clearly dollar gold metals weakness
Clearly the dollar weakness is a big factor, not just for gold but for the other metals as well.
bets trouble
If you were to have heightened trouble at Grasberg, all bets are off.
amount coming huge investors money
I don't think this (drop) is enough to put investors off completely, there is still a huge amount of money coming into commodities.
confidence current environment happen heady interest investor massive
However, in the current heady environment of massive investor interest in metals, we have little confidence that this will happen soon.
gold interest reason
I don't see any reason why this interest in gold will go away.
obviously storage
I don't see any demand. Storage is obviously high.
causing surplus whether
That is causing uncertainty whether it would be a surplus this year.
again ammunition challenge gold great highs interest investors metals plenty suspect throw underlying
The investors have plenty more ammunition to throw at it. The underlying interest in metals generally, and gold in particular, is still so great that you have to suspect that you are going to challenge the highs again which is $10 away.
buying investors large number price simply
It (the price movement) illustrates that a large number of investors simply see it as a buying opportunity.
attitude bias general gold metals particular people reminded towards underlying
The underlying attitude towards metals in general and gold in particular is still positive. The bias still has to be to the upside, but people are reminded that this isn't a one-way street.
huge inevitably
It's been a huge rally, and all rallies inevitably have some kind of correction.
example dutch strange
And it’d be very hard to make up something as strange as the Dutch tulipmania in the seventeenth century, for example. Or the mysterious case of Thomas Clapper. Or the entire civic history of Seattle, Washington.
although compared cumulative deficit likely material reported rise small stocks
Although these would be small compared with the cumulative deficit of 2003-2005, the consequent likely rise in reported stocks could be supplemented by more unreported material resurfacing.
Everything is bullish. They (prices) will probably go higher.