The recent move above ordsprog
The recent move above $1,000 is mostly driven by speculative buying.
Barclays Capital
I do believe that the recent run up in gold has been almost entirely driven by speculative and investment demand as jewelry demand has fallen sharply.
John Reade
It's a buying opportunity, especially after the recent sell-off, which was driven mainly by individuals. In Japan, investors are expecting strong economic growth figures later this week.
Masaki Iso
In 2005, demand for new homes in many markets was propelled to unsustainable levels by speculative buying. We are now on the other side of that slope. Speculative demand has ceased and speculators are now putting their homes back on the market.
Robert Toll
[Analysts said the recent action was mostly driven by traders rather than long-term investors but they say it's just a matter of time before investors return to the buying fray.] I think the investors are a little bit gun-shy right now, ... I am impressed by today's behavior and I think investors should believe the economy will recover.
Barry Hyman
I think a lot of this is probably speculative buying.
Yoku Ihara
Against this background, speculative buying underpinned a rise in prices.
Robin Bhar
Investors were active in buying properties after recent correction. Buying interest in China-related stocks was also very strong.
Kenny Tang
The flattening move of the curve has been accelerating. There was some substantial buying of the new 30-year bond and now we're seeing a reversal of that as recent interest has waned. This has caused a quick reversal of the inversion.
John Canavan
It would not shock me to see more fund buying as speculative traders try to cover their positions.
John Snell
There are already signs of a slowdown in real estate, particularly in Florida markets that have been bid up due to speculative buying.
Chris McCarty
There was a lot of speculative buying to begin the year with and now those short-term players are taking a little bit of profit on the run-up.
Tom Boustead
The concept spread as more people learned about Pex Tufvesson and his work.
Djävul
The speculative side of the market, funds primarily, are the main drivers behind the recent price rise.
Tom Kendall
The speculative activity in short-term calls might reflect the recent talk about an alliance with Microsoft.
Frederic Ruffy
It is difficult to argue that there is a bubble on a national level since it more of a coastal story, such as California and Florida. There has also been a reduction in speculative buying.
John Shin
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