33 Quotes by Yingxi Yu

Technical trends are looking very strong and people find it very risky to go short right now. I think that's why the rally has been continuing.

Prices are being driven up by hedge funds, which are buying platinum because its fundamentals are looking good. Platinum has been in deficit for the past six years, and it's expected it will be in deficit this year.

After yesterday's weakness there could be some consolidation in the near term, but overall we continue to see upside potential in this market.

Any price dip has been quite well supported by fund buying, and aggressive selling has been discouraged. The positive sentiment remains very strong and people are looking for further price gains.

A weak dollar has been the key supportive theme recently, while the surrounding geopolitical backdrop is adding to the support.

The weaker (gold-dollar) correlation late last year and early this year was due to the overwhelming enthusiasm among the speculative community to drive prices higher.

A lot of investors are just buying because the price is going up, then trying to find reasons to explain it.

Impressive gains are seen in platinum and palladium, which are rising strongly above their recent ranges.

Interest still exists even at such high prices.