We are still in an upward trend. The fundamentals are still in place but I think we are having a bit of a shake-out. - Darren Heathcote Quotes
We are still in an upward trend. The fundamentals are still in place but I think we are having a bit of a shake-out. Darren Heathcote
 

More - Darren Heathcote Quotes

The funds are still happy to play around at these levels. They expect us to look to test the upside a little bit but I don't necessarily at this stage think we are going to do $500. - Darren Heathcote Quotes

The funds are still happy to play around at these levels. They expect us to look to test the upside a little bit but I don't necessarily at this stage think we are going to do $500.

Darren Heathcote

 
There's a severe lack of interest in Asia. There was some physical buying on the dips down. That's started to dissipate. - Darren Heathcote Quotes

There's a severe lack of interest in Asia. There was some physical buying on the dips down. That's started to dissipate.

Darren Heathcote

 Asia
We're still in a bit of consolidation...I think everything is still pretty good, still positive for gold. It doesn't really have any momentum to push it down. - Darren Heathcote Quotes

We're still in a bit of consolidation...I think everything is still pretty good, still positive for gold. It doesn't really have any momentum to push it down.

Darren Heathcote

 
There's definitely more buying in gold, obviously on inflationary fears. The funds have continued to buy. - Darren Heathcote Quotes

There's definitely more buying in gold, obviously on inflationary fears. The funds have continued to buy.

Darren Heathcote

 
Geopolitical tensions continue to keep people invested in gold. People are content to be long in precious metals than the dollar, or other investments. - Darren Heathcote Quotes

Geopolitical tensions continue to keep people invested in gold. People are content to be long in precious metals than the dollar, or other investments.

Darren Heathcote

 
There's some profit-taking now, but look at where we are. It's broken $520, the target we had yesterday ... looks like $525 is the next target. - Darren Heathcote Quotes

There's some profit-taking now, but look at where we are. It's broken $520, the target we had yesterday ... looks like $525 is the next target.

Darren Heathcote

 
I just think silver is getting a little more speculation than it normally would. - Darren Heathcote Quotes

I just think silver is getting a little more speculation than it normally would.

Darren Heathcote

 
It's dizzy high, and we're looking at a very overbought market. We're looking for a correction. It has to come at some point. However, given where oil is, it may well give some support on the downside. - Darren Heathcote Quotes

It's dizzy high, and we're looking at a very overbought market. We're looking for a correction. It has to come at some point. However, given where oil is, it may well give some support on the downside.

Darren Heathcote

 Correction
At the moment the mood is still jubilant. - Darren Heathcote Quotes

At the moment the mood is still jubilant.

Darren Heathcote

 
Investment funds are pushing gold. The drive for it is still fundamentally sound. - Darren Heathcote Quotes

Investment funds are pushing gold. The drive for it is still fundamentally sound.

Darren Heathcote

 
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