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.... like its cousin Crude, the world does not need it that much to hide in inflationary environment.
Michael A. Gayed said:The discussion should not be about when the Fed will raise rates,
but why they haven’t been able to for so long and likely can’t in an aggressive way in the future.
Take a look below at the price ratio of the iShares Barclays
TIPS Bond Fund ETF (TIP) relative to the PIMCO 7-15 Year
Treasury Index (TENZ). As a reminder, a rising price ratio
means the numerator/TIP (inflation protection buying) is
outperforming (up more/down less) the denominator/TENZ
(non-inflation protection buying). The chart below essentially
tracks market expectations. Notice that as everyone is
endlessly talking about the Fed’s first rate hike, inflation
expectations are utterly collapsing on the far right of the chart.
Some will attribute this to Oil, but inflation expectations have
faltered really since the Summer Crash of 2011 took place despite
a booming US stock market. Stocks, by the way, are not meant to
be a disinflation/deflation hedge, yet investors have piled into them
so aggressively on the hopes that growth and inflation are about to
ramp up. They simply have not, and yield curve flattening remains a
massive issue for central bank tightening. That behavior in the yield
curve, confirmed by collapsing inflation expectations, tends to be an
omen of bad things to come, as proven in the award winning paper
I co-authored....
20th-July-2015 03:19 PM
The market was expecting the Chinese reserves to be a little more than what was announced. The announcements are lies so you shouldn't take any notice of them any way.
They dumped on the market along with the conservative announcement, to ramp it down and break technical lows. They probably shorted all kinds of gold related instruments last week.
I guess they will be doing alot of buying over the coming period at down ramped levels, then they will start printing money and lowering the Yaun.
http://www.ft.com/intl/cms/s/0/942ac8ee-4260-11e5-b98b-87c7270955cf.html#axzz3in0bYBUKThe People’s Bank of China said it bought 19 tonnes of gold last month as prices traded at their lowest levels in five years. That boosted its gold holdings to 1,677 tonnes (53.93m fine troy ounces) at the end of July, an increase of 1 per cent.
https://www.aussiestockforums.com/for...l=1#post876262
And we all know now what they have done with the Yuan!!
August 14, 2015 10:14 am
Here you have it -
http://www.ft.com/intl/cms/s/0/942ac8ee-4260-11e5-b98b-87c7270955cf.html#axzz3in0bYBUK
China is playing the world for a sucker. In some ways that lunatic TRUMP is correct.
Going green but one more leg down after this rally finishes to finish the pattern would make me feel more confident. Me thinks Dec/Jan will be the best time to start looking at Gold again as the biggest rally since the decline started should start.
The same goes for the AUD/USD
Going green but one more leg down after this rally finishes to finish the pattern would make me feel more confident. Me thinks Dec/Jan will be the best time to start looking at Gold again as the biggest rally since the decline started should start.
The same goes for the AUD/USD
On the money so far!
I was surprised to see Gold sold off today.
Really indicates that it's more to do with the FED looking to raise than panic over China.
On the money so far!
I was surprised to see Gold sold off today.
Really indicates that it's more to do with the FED looking to raise than panic over China.
Just a run for cash to meet margins elsewhere. Up 5% on the month. What else is?
Gold usually rises about 5 days after market tanking. And then watch.
Just a run for cash to meet margins elsewhere. Up 5% on the month. What else is?
Gold usually rises about 5 days after market tanking. And then watch.
So we'd be buying at the end of trade Wednesday or there abouts?
What a yous reckon?
I'd be waiting for the markets to bottom. Could rout for awhile yet and gold contine to fall.
market did not tank aka 10% or so, some people are still buying at the current price and gold is sold to get the cash needed...the reason in a crash everything goes down at least initially, but I expect it to surge later; in any case, in AUD, I am very happy having some gold...Yeah but, that's the end of the crises so gold would logically go down, given the only thing that seems to make it go up these days is a crises.
If it's going to be bought at all it should have been today!
Anyone that knows could see this coming.
I took two bags, kilos, of pre 46 silver scrap from my dealer Sunday.
Physical in the hand will be one of the few things safe in my view. Paper money is going to be fluff.
What is the spread of that physical Silver you are being charged? The way it is looking on the chart, it may hold for the time being before some dude short it through the support. It is currently losing its PM appeal.
Current AUS silver price $663, Davis Melbourne's price a bag today $645
But the bag is not 100% silver, it's only 92.5% silver.
663 * 0.925 = 613.27
645/613.27 = 1.0517 ...so you are paying a 5% premium over spot. Not that the spot price matters for junk silver, because dealers will never pay the spot price to buy it back. You'll probably get 5% or more below spot.
Just to set the record straight for the gold thread, compared to how you displayed it.
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