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Letter "A" » Alan Williamson Quotes
«Sentiment towards the precious metals complex remains overwhelmingly bullish.»
«Sentiment towards the precious metals complex remains overwhelmingly bullish, which is hardly surprising given the strength of the price action.»
«It may well be that the stalling in the gold price rally over the last few days reflects a slowing in inflows into the various exchange-traded funds. With the major source of gold buying drying up over recent days it is hardly surprising that the gold price rally has stalled.»
«There has been little clear trend in precious metals prices in recent trading, with the markets recovering when they look the most bearish and stalling when they look the most bullish.»
«I can't imagine anybody taking any aggressive position for the rest of today.»
«Unless something happens in the Middle East or the dollar has a significant move, then I suspect that the next few days we are just going to see the market drifting.»
«With many of the factors that were considered bullish for gold still in place, the risks for gold are weighted to the upside.»
«Today, it's been very quiet all day - no real direction. I think it's going to remain sideways until someone hits it either way.»
«There is much risk on the upside than the downside due to net long positions. There's more on the go for platinum.»
«The sharp price falls have seen the beginnings of some bargain hunting by consumers and investors, although whether this will be enough to turn the markets higher remains to be seen.»

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