Quotations
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Robin Bhar Quotes
«The ( zinc ) concentrate market is already so tight, this is the last thing the market needs.»
Author: Robin Bhar
«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.»
Author: Robin Bhar
«The main story is still fund money. Stocks are low.»
Author: Robin Bhar
«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.»
Author: Robin Bhar
«We are in a new ball game - a new paradigm. You just have to go with the flow now.»
Author: Robin Bhar
«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.»
Author: Robin Bhar
«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.»
Author: Robin Bhar
«It is difficult to know what is happening -- it may be profit-taking, but it is certainly not a trend reversal.»
Author: Robin Bhar
«An unprecedented amount of new fund money has been attracted to the LME by virtue of index buying (commodity indices) and structured products.»
Author: Robin Bhar
«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.»
Author: Robin Bhar