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Letter "D" » David Thurtell Quotes


«The Iranians shouldn't be underestimated. If they were to cut supply in protest, there's really not enough capacity to absorb the loss of their exports.»
«I suspect jewelers and other fabricators probably haven't got enough stocks yet. So we can expect some more physical buying.»
«A few more refineries going on scheduled maintenance and a tapering off on imports will bring stock levels back to that seen about a year ago.»
«All eyes are still waiting to see what happens with Iran, and what the outcome will be when the IAEA makes its report to the U.N. Security Council next month.»
«All eyes are still waiting to see what happens with Iran, and what the outcome will be when the IAEA makes its report to the UN Security Council next month.»
«The market is very vulnerable to a supply shock like this. This news will push up prices when trading starts tomorrow.»
«Rising U.S. (crude) stocks could put a bit of pressure on prices, but I suspect we are at the time when stocks will stop rising and will start falling soon.»
«Iran seems determined to take the nuclear fuel issue to the wire.»
«But stocks have been building nicely.»
«Iran will take the nuclear situation to the wire, making the market nervous. It will wax and wane diplomatically and they'll extract a price before agreeing to any deal with the west.»

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