Edward Meir Quotes

Yesterday's sell-off was a shot across the bow, but we don't think the bulls will be heading for the hills anytime soon. - Edward Meir

While fundamentals are tight in several of the metals, they cannot justify current valuations. Markets are, instead, held hostage by the growing amount of investment and speculative money out there that is increasingly finding its way into commodities. - Edward Meir

We think that major moves ... should be held in check, as low volumes suggest that many people are either away, or uninterested in initiating new positions. - Edward Meir

We maintain our general view that these markets have to be given some respect given the fact that we still have sizeable outages going into Q4. - Edward Meir

We cannot rule out further gains later in the week, particularly if (DOE) inventory numbers surprise. - Edward Meir

This is not to minimize the importance of the events swirling around us, but merely to suggest that they will now have to hit the markets with more urgency than they have in the past. - Edward Meir

This could, in effect, torpedo Russian and Chinese attempts to bring the Iranians around, and escalate the crisis once again. - Edward Meir

There seems little standing in the way of the bullish euphoria. - Edward Meir

There is some understandable nervousness about today's copper-stock increase. - Edward Meir

There are still no signs of a downturn in global economic activity, suggesting that the fundamental backdrop for most commodities, including crude, remains favorable. We'll see if this week's U.S. numbers change any of that. - Edward Meir

Page 1 of 4

Next -> Last ->>