There were a bunch of us who sat around in a common room here at King's and it was interesting to see yourself on TV.

It was a combination of themes we've been seeing for the year, which is a commodity that is exploding upwards in price and a US dollar weakening across many currencies.

Really, silver had gotten too far in front of itself. So we're seeing a pullback.

Gold is sitting in no-man's land as support and resistance remain far away.

The key buyers are funds. With new highs being hit, more momentum will enter the market.