19 ordspråk av Michael Widmer
Michael Widmer
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We were adamantly opposed to a payroll tax or an employee tax, but this is very different because it is tied to the actual cost of the pool.
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It's not always a one way street. After prices went up strongly, they consolidated a little bit on Friday.
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What you're seeing at the moment is a correction. It's the end of the week and people are taking some profit.
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There's a lot of fund buying going on and new money flowing in to the sector.
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The broader picture here is that this will strengthen the health care system in Massachusetts in a number of ways. You will have a much more rational structure for financing the system.
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To say they have a full plate is a major understatement.
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The outlook for the exchange rate will not improve significantly going forward. If the Iran situation doesn't improve, then you should have further upward pressure on gold prices.
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China's tighter monetary policy will hit demand and that will take out pressure on consumption side.
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It's the old story again; gold is being bought as a safe haven asset.
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We may need another $200 million the year following and $200 million after that. Clearly, we have to phase in health care reform.
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Over the last two days, it's been geopolitical happenings that have supported gold prices. Iran and Palestine are focal points.
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The dollar adds to the general environment we've seen in the past few weeks, which is a short-term correction.
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Over the last two days, it's been geopolitical happenings that have supported gold prices. That China and Russia are supporting Iran's referral means the international community is taking it seriously.
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This is an important week for the dollar, and consequently for gold. The market is looking for direction; it's been quite volatile lately.
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Downward pressure on the US dollar is the main reason behind gold's rally. If you have worries about the imbalance, you would want to hold gold.
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