Bernard Hunter
Bernard Hunter
across asset base fed metals oil platinum profit selling taking
There's been a lot of selling and profit taking across all asset classes, actually. Oil is weaker, gold, silver, platinum and palladium are weaker, and base metals are weaker. It's just fed on itself.
fairly market selling silver
There was stop-loss selling in fairly illiquid market conditions. Silver has come down on the back of that.
continuing gold investment news positive
Really, the investment off-take is continuing unabated. It's crazy. There's a lot of traditionally positive gold news out there at the moment.
comments commission decision exchange guidance maybe passing people period securities supposed talk thinking
There was some more talk around during the day that the Securities and Exchange Commission is over its supposed guidance period for passing back comments and there was no news, so people were thinking maybe a decision must be imminent.
basically fact largest likely producer silver strike supportive
The fact that you get this announcement of a strike at what is basically the world's largest silver producer is more likely than not to have supportive impact.
appreciation buyers correction following period physical price rapid returning signs unusual wait withdraw
Following a period of rapid price appreciation it is not unusual to see physical buyers withdraw and wait for signs of stabilization or a correction before returning to the market.