19 Quotes by Robin Bhar

There does seem to be a desire to have exposure to commodities by both long-term funds and speculators.

Base and precious metals remain in a virtuous circle with each appearing to feed off the strength of the others.

Furthermore, with the market in deficit for the past three consecutive years, industry stocks are below critically low levels and the stocks-consumption ratio is forecast to remain below four weeks over the next three years and should continue to underpin strong copper prices.

Funds are still keen, with the end of the month likely to bring even more money to commodities due to the good performance they've had during January. It's a self-fulfilling prophecy at the moment.

If the fund buying is strong enough, it could lift prices to that target ($600) a lot quicker than we think.

We may not be out of the woods yet and further liquidation and selling could be lurking. Tonight's weekly chart closes will be important in determining near-term price direction.

Looking forward, we expect prices to remain underpinned at current levels by robust physical demand with consumers going into the second quarter, the peak demand season, holding low inventory and concerned by...supply.

It is difficult to know what is happening -- it may be profit-taking, but it is certainly not a trend reversal.

We are in a new ball game - a new paradigm. You just have to go with the flow now.