Last quote by Nitesh Shah
There might have been some anticipation to this outcome as talks started this week, so it was largely already in the price.
Mar 23 2017
We can learn a lot about a person if we know what types of things he or she talks about or comments on the most frequently. There are numerous topics with which Nitesh Shah is associated, including China and oil. Most recently, Nitesh Shah has been quoted saying: “There might have been some anticipation to this outcome as talks started this week, so it was largely already in the price.” in the article Copper steady despite Escondida strike ending. An other article where Nitesh Shah has been quoted is Gold prices to rise further on Fed’s dovish outlook and European uncertainties, analysts say.
Quotes by Nitesh Shah
Mar 20 2017
We expect gold to rise to US$1300/oz by mid-year (over 5% gain), before declining back to current levels by year-end. A dovish Fed will be met by inflation surprises over the coming quarter, which will lead to further decline in real interest rates. Although we agree with consensus that the Fed will deliver only two further rate hikes this year, Fed members may be forced to talk tougher in the second half of the year, which could tighten yields and lead to a stronger US dollar. For now a dovish Fed is likely to support gold.
Dec 08 2016
Fundamentals are constructive for base metals and there is still more than 5 percent growth in China, which is very strong and is still translating into a strong commodity spend.
Nov 28 2016
I am a bit sceptical as even in the developed world, where access to gold investing has been there for many decades, you don't see a one or two percent of anyone's aggregate portfolio allocated to gold, so it is highly unlikely in a new emerging market.
Nov 28 2016
There is such a lack of understanding of what sharia law would mean in terms of gold investing and this standard would at least provide a common ground. However, this is not going to be a game changer for global gold consumption.
May 05 2016
We are likely to be in a global oil supply deficit by Q3 2016.
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