19 Quotes by Robin Bhar

Everything I've seen this week points to a tightening market. Stocks are falling and canceled warrants are rising, indicating good demand.

Correction? What correction? With the shorter-term players locking in profits and systematic CTA (Commodity Trade Adviser fund) selling met by trade and hedge fund buying, base metals have stabilized after a volatile 24 to 48 hours.

The ( zinc ) concentrate market is already so tight, this is the last thing the market needs.

Against this background, speculative buying underpinned a rise in prices.

Speculators and investors have the precious metals market in their tight grip and are just forcing prices higher.

An unprecedented amount of new fund money has been attracted to the LME by virtue of index buying (commodity indices) and structured products.

The way they are going, it ($600) could come quite quickly, although we should expect to see some profit-taking.

However, the market may be prone to wide trading ranges and choppy price movements while current consolidation continues, with more liquidation possible in the absence of upside momentum.

The market remains fund-driven. No one wants to go short while consumers buy in dips and producers are reluctant to sell, hoping for yet higher prices.