Fundamentally, the market looks strong and there are no signs of a sharp sell-off in the offing. We can't see a top to the market.
Industrial demand for silver has been lagging significantly since it went over $11.
Prices at these levels can't be justified based on fundamentals only. While we haven't seen the top of the market yet, the risk of prices collapsing is very high.
Sugar prices are energy-driven; there's nothing else moving the market at the moment. It's all about the ethanol story.
Sugar prices in the past few months have pulled back because of the weaker oil price. Now that oil is at around $70 a barrel, sugar has to follow.
The hedge funds have pushed this market up, and now they are bringing it down again. Then we may see a small rebound as physical buyers come back into the market.
There is some classic, typical profit-taking going on.
We're entering bubble territory. Prices have moved away from reality, and are no longer linked to fundamentals.
This website focuses on proverbs in the Swedish, Danish and Norwegian languages, and some parts including the links below have not been translated to English. They are mainly FAQs, various information and webpages for improving the collection.
This website focuses on proverbs in the Swedish, Danish and Norwegian languages, and some parts including the links below have not been translated to English. They are mainly FAQs, various information and webpages for improving the collection.