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<p>[QUOTE=&quot;mikem2000, post: 1736845, member: 30574&quot;]They are talking commodities in general.&nbsp; it looks like for PM they are still not too keen</p><p><br /></p><p><i><span style="color: #0000ff">However, in acknowledgement that we are likely early in metals </span></i></p><p><i><span style="color: #0000ff"></span></i> <span style="color: #0000ff"><i>Given the steep selloff in gold and the impaired condition of metals, we would prefer to see a turn in technical indicators before getting too aggressive in that sector, out of respect for the high likelihood of catching a falling knife. However, metals altogether have a low weight in the S&amp;P GSCI (9.0%) and gold’s is especially negligible (2.35%), given current prices. So, downside path risks in metals are more an issue for the risk manager more exclusively focused on a specific metal, rather than on a larger commodity basket, either in the investor world or the corporate world.</i></span></p><p>[/QUOTE]</p><p><br /></p>

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