I think people have lost direction at these levels. (There's) some physical interest in silver and gold, but not much.

I don't dare say that I favor gold in the long run. After gold's rise to these levels, I think there will be a correction.

The oil price is one of the big reasons in the gold market. It looks like gold can test $600 again very soon.

I think gold will be trading around $548 to around $555. It's a short-term range.

Clearly people feel less wealthy and people are going to focus on what happens to the direction of interest rates. Over the next couple of weeks, as the election subsides attention is going to shift to (Federal Reserve Chairman) Alan Greenspan.

There was a little buying on silver.