My analyst for the week
Gold XAU - ▼
Silver XAG - ▼
USD - ▲
OIL - side line
Currently OIL is oversupply so the IRAN/ISIS issue dont seem to have much weight on Gold
China demand for gold during this traditional period dont seem to be picking up
India government is hell bend on reducing gold import by using Gold bond(?) which give interest and can be sold back with its price peg to Gold.
Paper supply dropping after US bank start to pull out of the ETF market
So overall i would suggest sell on rally, take it with a pinch of salt. not sure when hyper inflation will set in... but i doubt will be soon. even USA is facing deflation now.
Again take all this with a pinch of salt, I had being losing quite alot of money due to gold wild swag lately. Most likely caused by the recent Euro/Greece issue.
I had being gone for awhile as i dont see the need to write much regarding Gold due to the ISIS/Euro issue hopefully the below link will be helpfully for anyone who wish to catch up on current trend.
http://www.gold.org/supply-and-demand/gold-demand-trends
http://www.bloomberg.com/news/articles/2015-02-12/gold-demand-declines-as-china-loses-biggest-buyer-spot-to-india
http://www.etftrends.com/2015/01/gold-etfs-pinched-by-euro-demand-negative-analyst-chatter/
http://www.bulliondesk.com/gold-quarter-report/gold-analysis-and-forecast-report-q1-2015-33888/
http://finance.yahoo.com/news/gold-etfs-pinched-euro-demand-183605997.html
Please be advise that forex is a high risk investment, there will be a very high chance of lost of capital.
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