Peter Richardson Quotes on Investment (2 Quotes)

This is all about diversifying portfolio risks and creating new liquidity in assets that have a low or negative correlation to conventional assets. While inevitably investment is traceable to physical supply and demand for the (metals), it is also about the supply and demand of financial products. It is an additional demand that analysts have to take into account in the pricing levels.

Overall the inventory position is tight. This cycle is all about surprise. We had the demand shock from China, and now we're also getting another one from the investment community.