George Gero Funds Quotations

Silver has new sponsorship. We are starting to see new funds coming into silver. Part of it has to do with the fact that a lot of traders who follow gold and silver think the silver/gold ratio was out of kilter.

Funds are buying gold because they notice the decoupling from the euro and the decoupling from the energy market.

Recently, funds who were selling oil also were selling the metals, but then everything seemed to change. Investors see that there are whiffs of inflation out there.

The large funds are long metals of every class and there's been general selling today, which touched off stop-loss orders below the market.