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''Gold may retreat a little bit though the trend remains very positive,'' Wallace Ng, executive director of the commodity derivatives team at Fortis Nederland said.
''Investors are taking shelter in gold,'' said Wallace Ng, chief dealer with Fortis Bank in Hong Kong. ''I see gold rising to $US1,300 an ounce.
''The mega trend is still up but the market needs to go through some minor correction,'' said Wallace Ng, executive director with Fortis Nederland in Hong Kong.
''The impact on China in the short term will be neutral for gold prices,'' Wallace Ng, executive director with Fortis Nederland NV in Hong Kong, said.
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Wallace Ng Sales Professional - New Vehicles > Fluent in Cantonese and Mandarin : wallace.ng@morrisons.com.au : Michael Saunders Senior Sales Professional -
Mr. Wallace Ng - manager 143 Princess St Kangaroo Point Qld 4169 Australia Ph: +61 7 3391 4245 Mobile: (04) 1879-8304 E-mail newworld@consultant.com
[Jun 18, 2010] ''Gold is in very healthy shape,'' said Wallace Ng, Hong Kong-based executive director with Fortis Nederland. ''Gold prices are well positioned to make new highs.''
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23 Nov 2009 ... Fortis Chief Trader Wallace Ng interview on Bloomberg TV. from Analyst Wire provided by Find Articles at BNET.
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