"The upward march in Chinese reserves has been accompanied by reduced participation in the Treasury market over the past year," say analysts at TD Securities.

道明证券(TD Securities)的分析师表示：“过去一年，中国外汇储备的上升势头伴随着对美国国债市场参与度的减少。”

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Tim Gardiner, managing director of global precious metals with TD Securities, concurred with Grady.

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Bart Melek, vice president and head of commodity research with TD Securities, also likes PGMs in the long term.

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Bart Melek, vice president and head of commodities research with TD Securities, also looks for gold to trade sideways for a little.

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