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Letter "Y" » Yingxi Yu Quotes
«The platinum group metals remain well below their recent peaks.»
«Given the way the market has been trading over the past few days, we are very likely to see prices testing another 25-year high again this week.»
«The market conditions are likely to remain quite nervous over the next few days and near-term weakness in the TOCOM (Tokyo) market cannot be ruled out.»
«The fund interest is still very strong, probably also encouraged by the latest CFTC data that shows a fall in the net length, giving speculators more confidence to extend their long positions.»
«Price dynamics in gold next year will continue to be largely determined by speculative interest, backed by a myriad of justifications like inflationary risks, energy-price led economic slowdown, expectations of a US dollar correction, soaring physical demand, supply-side constraints, hopes of large scale central bank buying and so on.»
«The market has been rising without any major correction since late last year. This sort of correction was largely anticipated and it could be taken by some as a healthy feature to the market.»
«With a lack of fresh catalysts to trigger a significant move in either direction, we expect gold to remain in its consolidation mood over the near term.»
«The market conditions are likely to remain quite nervous over the next few days and near-term weakness in the TOCOM market cannot be ruled out.»
«The downside appears quite limited at present...There are factors pointing to further gains in the gold market in the short term.»
«There is still a negative stigma associated with hedging.»