12 Quotes by Peter Richardson

This is all about diversifying portfolio risks and creating new liquidity in assets that have a low or negative correlation to conventional assets. While inevitably investment is traceable to physical supply and demand for the (metals), it is also about the supply and demand of financial products. It is an additional demand that analysts have to take into account in the pricing levels.

The evidence is the underlying trend is very strong. All metals are becoming precious.

The market is genuinely tightening. That's being reflected in the renewed spread on the cash to three months.