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Darren Heathcote Quotes

«I think the scope is great to move down to the lows of the $525 area before building again for another move up.»
«We are now looking to target about $534,50, with $539 probably the resistance. But I still think we need to see a break below $525 to see an immediate reversal in the trend.»
«I do wonder about the validity of silver as an alternative investment vehicle.»
«There's a severe lack of interest in Asia. There was some physical buying on the dips down. That's started to dissipate.»
«I just think silver is getting a little more speculation than it normally would.»
«Obviously, the funds will be looking to speculate and make some money out of this. But I am still of the opinion that the spike might be somewhat short-lived.»
«If the statement that follows suggests they may look to halt their policy of raising in moderation, to the extent that they're not going to raise rates again at the next meeting, then the dollar could suffer on the back of that and that would give a boost to gold.»
«Certainly, it looks like we are targeting $600 in the near term. It may happen in London overnight.»
«The fact that it hasn't broken through, sustained a break through $535 is probably helping people to find a bit more confidence to buy it back again.»
«It's really struggling to find momentum to go back up again.»

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