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Letter "G" » Gerard Burg Quotes
«Such an outcome would result in base metal prices falling well below our forecast levels.»
Author: Gerard Burg
«The upward revision in prices is made tentatively ? given the lack of fundamental support for current high prices and the traditional volatility of speculative funds.»
Author: Gerard Burg
«At least for the short term this has removed some of the concerns that we might see, first of all, some sanctions imposed and then a cut in output as a response. The situation is unresolved and this still leaves the potential for further events to influence prices.»
Author: Gerard Burg
«Certainly the fundamental picture doesn't look particularly strong. Stocks in the U.S. are still very high, and while forecasts I've seen for weather for next week suggest it should be considerably colder, heating oil stocks look as if they should be sufficient to last through the winter.»
Author: Gerard Burg
«Market focus will remain firmly on Iran, Nigeria and Venezuela and the potential for lower oil production from these countries in response to ongoing political crises.»
Author: Gerard Burg
«It's just the politics that are holding us up. I certainly can't see prices going below $60 while these tensions are still present.»
Author: Gerard Burg
«It's not surprising crude fell after such a strong rise in gasoline stocks. Once again it highlights that the fundamentals are really pretty weak.»
Author: Gerard Burg
«The big increase...is the pension funds that have been coming in.»
Author: Gerard Burg
«It's only political factors that are now holding prices above $60. Iran, Nigeria and Venezuela are potentially affecting supply flow that is driving the rally and is still providing support.»
Author: Gerard Burg
«With commodity returns outperforming other assets in recent years, pension and hedge funds are expected to increase investments in commodity markets.»
Author: Gerard Burg
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