Metal Price Falls

Time To Worry ?

By David Mitchell

11th January 2021 

We have had large moves lower in the metals towards the end of last week into the 8 th January (to be noted after large price rallies from December which we advised as buy levels at the time) and the emotions of gnashing teeth and jittery nerves has come to the fore.

So, what do we make of this and should our clients be worried? Occasionally, one must go back to the very basics and understand what are the original drivers behind metal pricing and then consult with the technical charts to comprehend the full picture ( silver chart update pages 4 to 6 of the pdf).

At the turn of the Year into 2021, quite a number of analysts have become very vocal…

ABN Amro have recently clarified that their expectations are for metals to continue to strongly rally in price over the next 2 years with Platinum out-performing Gold, Silver and Palladium..............................

 

 CLICK HERE to download the full article demonstrating the charts and technical analysis. 

 

 

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Disclaimer : The information contained in this website should be used as general information only. It does not take into account the particular circumstances, investment objectives and needs for investment of any investor, or purport to be comprehensive or constitute investment advice and should not be relied upon as such. You should consult a financial adviser to help you form your own opinion of the information, and on whether the information is suitable for your individual needs and aims as an investor. You should consult appropriate professional advisers on any legal, taxation and accounting implications before making an investment.