dinsdag 12 februari 2013

Gold cannot be suppressed for long

Have you seen the bitcoin chart recently?

Have you seen the lease rate chart recently?

Have you seen the commercial short chart recently?

Have you seen the China gold import chart recently?

Have you seen the M1 chart recently?

=> Gold will not be kept down for long.

3 opmerkingen:

  1. Gold is today trading at $1,640 per ounce and the trend is downwards. D

    Despite news of a further slowdown in the Euro area economies, and possibility that the ECB might reduce interest rates further, the outlook for world economic recovery increases, and this is reducing the attractiveness of gold, which is likely to decline further in price over the coming months.

    1. I'm not too sure the economy is recovering. GDP is negative in the U.S., Germany, Eurozone, Japan. Inflation is going higher in India.

      There is no recovery whatsoever.

  2. At the moment GDP is negative in many countries (exept China), but even so, investors see that recovery is like to start in Q2 2013. You yourself have written about a predicted rise in copper prices, and the price of oil has also increased. Investors are selling gold because the return on equities and bond are increasing.