Fred Demler
Fred Demler
dollar feature gold japanese statements strength supporting versus
The fundamental feature was the strength of the dollar versus the yen -- and statements that the Japanese won't be supporting the yen. And no one wanted to be long in gold over the weekend.
china high market stay suggest tight
All the fundamentals would suggest that we are going to stay at these high prices. Inventories are low, the market is tight and China is a big buyer.