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Letter "T" » Tim Evans Quotes
«It's staging what I would call a catch-up move. After resisting the upward pull of silver all week long, the market couldn't hold back any more and is making up for lost time here.»
«Profit-taking was the most widely employed term for what (happened Friday), but we see the potential for this simple turn to develop into a much more substantial decline, as the fundamentals behind the push higher were not all that strong to begin with.»
«Despite the surprise 1.3 million-barrel drop in DOE crude stocks for last week, inventories in the market remain near April 1999 highs.»
«Heating oil and natural gas are...faced with significant warming trends that have brought an abrupt end to the heating season.»
«The OPEC demand revision is more of a reminder than anything else. Between the high level of crude stocks and the downward revisions to demand, the price should have trouble climbing like it has done this week.»
«Really, we've had some focus (on oil) since mid-February, when both markets made a significant low, and both markets had a near retest of those lows on Wednesday. Oil is emerging as the focus for the gold market as a surrogate for general commodity inflation. Without that kind of commodity inflation, then gold becomes a less attractive investment.»
«From the current snapshot, (electricity) conditions look a lot more similar to last year than they appear different.»
«This is really just some short-term consolidation. We are inside of yesterday's range.»
«The numbers are sufficient, but there are major constraints. There is a huge mal-distribution of workers in the country and most health workers are found in urban areas.»
«The situation is not going to get better in the short term. Perhaps it will get worse.»