Consume Product

Had the same experience from my local precious metals dealer. I am decent buddies with the owner, so got to talking.

It's a hedge. Basically, its too early to tell if the recent increase is 'real' or will be corrected later, and if it will be corrected, if you are slow to unload, you can lose your shirt. He's an old guy, and doesn't care enough to sit and watch the charts all day, so they only make 'safe' plays.