都好奇啦, 昨夜金銀價升咗又俾人踩落去, 原來是要救短倉 !
kingworldnews.comYesterday King World News reported that a major swap dealer, who is heavily upside down on short positions in the gold market, is now in trouble. KWN then posed the following question:
If the price of gold continues to surge, will some of the entities who are over-exposed short the gold market go insolvent? Or will the price of gold be brought down so the troubled shorts can regroup?
And today, all the sudden…
Well,
some price capping in the gold market has been quite apparent in the
last couple of trading sessions, but today it was reported that $5 billion of panicked paper gold futures selling occurred right after the physical market closed in London. But what really happened? Was it really panic or something else?
BIS Intervention In Gold Market To Aid Battered Gold Shorts
In fact, this was the Bank for International Settlements (BIS)
intervening in the gold market to assist the battered commercial and
swap dealer shorts. What has taken place in the gold market has indeed
been historic. Commercials banks (acting as agents for the Federal
Reserve) have been aggressively shorting the gold market at all-time
record levels. But the Fed and the commercial banks did not anticipate
that global demand for gold would skyrocket the way it has…
Investment Demand For Gold Skyrockets To All-Time Highs!
Gold has already surged
more than 25 percent in 2016, and investment demand has been soaring, as
sales of gold coins from the U.S. Mint have now soared a jaw-dropping
84 percent. In fact, investment demand for gold has now surpassed
jewelry demand for the first time in history.
Investment Demand For Gold Is Global
But it’s not just investment demand from the United States. With
negative interest rates picking up steam in Europe, many Europeans have
been flocking to the safety of gold, especially in light of the dangers
of holding capital inside the fragile European banking system.
End Of Mid-Cycle Correction Spells Trouble For Gold Bears
It is quite clear that after completing an extended mid-cycle correction
(similar to the 1970s, although longer in duration), gold has now
entered the second leg of its historic secular bull market and is headed
to new all-time highs. During these bullish advances, the Federal
Reserve and their agent bullion banks fight a war of slow, and sometimes
not-so-slow, retreat.
The
question now becomes: Will the BIS halt the advance in the gold market
and drive the price significantly lower to allow the battered
commercial and swap dealer shorts to regroup? Or, If the price of gold
continues to surge, will some of the entities (swap dealers) who are
over-exposed short the gold market go insolvent?
A Nightmare For The Gold Bears
The bottom line is that the massive physical demand for gold has been a nightmare for the gold shorts up to now. It will be very interesting to see how the price of gold trades in the days and weeks to come. Summer is normally a time where the precious metals markets take a breather. Could this be the August that surprises the gold bears and torches the shorts? Only time will tell.
The bottom line is that the massive physical demand for gold has been a nightmare for the gold shorts up to now. It will be very interesting to see how the price of gold trades in the days and weeks to come. Summer is normally a time where the precious metals markets take a breather. Could this be the August that surprises the gold bears and torches the shorts? Only time will tell.
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