Martin Ritchie

I think throughout last week, all that kind of frenzied trading, all the bulls piling in, I think there was a lot of warnings that this price was going ahead of reality.

But now we're in the situation, I think, across gold, silver and perhaps even copper and metals, where we're looking to see where people start to buy the dip.

I think throughout last week, all that kind of frenzied trading, all the bulls piling in, I think there was a lot of warnings that this price was going ahead of reality.

But now we're in a situation, I think, across gold, silver and perhaps even copper and metals, where we're looking to see where people start to buy the dip.

We're in territory now where the prices have gone up so much that, you know, it has to sort of change market dynamics.

And, you know, we did reference some people, some analysts in the market today saying, you know, these kind of levels, you know, banks don't really want to trade so much.

The risks are higher.

That just tampers down liquidity.

So the remaining market players are sort of fewer and far between.

And that's a kind of environment where you get bigger amplified price moves.

We're in territory now where the prices have gone up so much that, you know, it has sort of changed market dynamics.

And, you know, we did reference some people, some analysts in the market today saying, you know, these kind of levels, you know, banks don't really want to trade so much.

The risks are higher.

That just tampers down liquidity.

So the remaining market players are sort of fewer and far between.

And that's a kind of environment where you get bigger amplified price moves.