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BIO PHARMA company do research on MEDICAL DISEASES
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paul1688
Veteran |
13-May-2016 19:42
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Report from the World Gold Council (WGC) today (May 12) shows gold demand is rising faster than ever. During the first three months of 2016, demand for the metal soared 21%. Investors piled into gold due to worries of a global slowdown and market volatility.
Gold demand in Q1 2016 totaled 1,289.90 tons. That's a huge 21% increase from 1,070.40 tons last year. The demand boost gave the price of gold its biggest quarterly gain since 1986. From January to March, gold prices surged 16.1%, outperforming the S&P 500 by 15.3%. They're now up 20.6% in 2016. The WGC cited three key reasons for increasing gold demand this year? * Growing use of negative interest rates, and the U.S. Federal Reserve's admission it had discussed the use of negative rates. * China's devaluation of its currency. * The widespread consensus that the Fed is in no rush to raise interest rates in 2016. * Other factors that influenced the gold price rally were the 4% decline in the U.S. dollar and forecasts for stalled global growth. Last month, the International Monetary Fund warned that global economic growth should slow. The IMF trimmed its growth forecast by 0.2% to 3.2%, citing China's troubled economy and the ripple effects of developed and emerging economies. Remarks : Vested. Sharing. Not recommendation to buy. |
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paul1688
Veteran |
06-May-2016 08:57
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From a gold bull market analyst.
This current scenario bodes well for gold investors. As gold doesn?t yield anything, it tends to perform well when interest rates are low and even better when they are negative. According to reports by Bloomberg, in Japan, gold is in strong demand due to negative interest rates. Investors are not willing to invest in bonds at negative yields. This is also the case for other countries with negative interest rates such as Germany. To counter the negative interest rates, Germany?s re-insurer, Munich Re, has boosted its gold and cash reserves. If this scenario continues, it should support gold and gold equities. The expectation of interest rate hikes by the Federal Reserve was one of the largest factors weighing on gold prices in 2015. An increase in interest rates diminishes the appeal of gold, which doesn?t pay any dividends or interest. Therefore, a lower-than-expected or less frequent interest rate hike would be positive for gold prices. In the short term, gold prices are more or less trading as a proxy for the forward implied probability of a Fed rate hike. It is therefore important to keep an eye on developments that will impact the Fed?s decision. With the recent stabilization in the markets, the probability of default and the spreads between yields on high-yield debt and treasuries have shrunk, and any deterioration could trigger the yields higher. Risks from US high-yield credit defaults would also weigh on equity markets. This is a perfect opportunity for gold and gold miners. Remarks : Am gold bull. Vested. Not advocating anyone blindly buys gold and mining companies shares. There will definitely be short term volatility leading to trading opportunists. No one can guarantee gold price movement. |
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marubozu1688
Master |
05-May-2016 21:57
Yells: "Be humble in front of Mr. Market." |
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Gold on Uptrend. http://mystocksinvesting.com/us-stocks/spdr-gold-gld/gold-go-goal/ |
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luca_brasi
Member |
15-Apr-2016 16:19
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Couple of interesting news in the Gold market: - Deutsche Bank admits gold and silver price rigging and accepts to expose other manipulators: http://www.bloomberg.com/news/articles/2016-04-13/deutsche-bank-settles-silver-price-fixing-claims-lawyers-say - China will launch its own gold price fix in Yuan next week (April 19th) : http://www.en.sge.com.cn/news-announcement/announcement/537284.shtml |
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paul1688
Veteran |
30-Mar-2016 23:35
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CNBC news 29 Mar 2016
Gold prices remain low in historical terms, despite a rally at the start of this year, but demand may yet appear from an unexpected source. Some precious metal experts see interest returning to Europe, in part because the push towards negative interest rates has made depositing cash with banks less and less rewarding. "Although gold is very much driven by U.S. Federal Reserve (Fed) policy, the impact of European Central Bank (ECB) policy decisions may become increasingly relevant for gold price action, as concerns about negative interest rates gain traction among investors," UBS strategist, Joni Teves, said in a report this month. Gold prices remain low in historical terms, despite a rally at the start of this year, but demand may yet appear from an unexpected source. Some precious metal experts see interest returning to Europe, in part because the push towards negative interest rates has made depositing cash with banks less and less rewarding. "Although gold is very much driven by U.S. Federal Reserve (Fed) policy, the impact of European Central Bank (ECB) policy decisions may become increasingly relevant for gold price action, as concerns about negative interest rates gain traction among investors," UBS strategist, Joni Teves, said in a report this month. Negative rates on the ECB deposit facility mean commercial banks are effectively charged to store cash with the institution. Once again, the ECB cut its three main interest rates in March, slashing the deposit rate by 10 basis points to negative-0.4 percent. "There has been some interest in physical gold out of Europe so far this year, albeit demand has been sporadic and volumes do not particularly stand out as yet. Should concerns about negative interest rates become more widespread, this could trigger an increase in physical gold demand out of Europe," Teves said. Last year, demand from Europe constituted only 9 percent or 295 tons of global consumer demand for gold, of which 42 percent came from Germany and 18 percent came from France, Italy, Spain and Austria combined, according to Teves. An uptick in demand from Europe could consolidate gold's reputation as a "safe haven" or alternative asset. "As you don't get a return on money at the bank, the fact that gold doesn't give you a return is not a negative anymore? Gold hedges other risks than just inflation deflation is just as good," Robin Griffiths, chief technical strategist at the ECU Group, told CNBC TV on Tuesday. |
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paul1688
Veteran |
08-Mar-2016 11:02
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From everything I am reading, it does appear that Gold and Silver will ride a strong uptrend (of course never in a straight line) in the coming years. I am planning to build up a G& S portfolio for investment diversification security. Rather than physical gold, Gold ETF (code O87) to me, is a good option especially since all shares are backed by physical gold. NAV of GLD US$ is $121.33 as at 7th March. Noticed it has been rising since beginning of the year. Mulling over investment in gold miner stocks but sadly SGX has only one small such company. For silver, besides physical bullion/coins, does anyone have any idea on best way to invest? Disclaimer : Just sharing. Not enticement for anyone to invest in G& S. |
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jazzietan
Veteran |
05-Mar-2016 15:06
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Gold nd to cross 1320 level and firm there. Watch for silver signal. If gold really bull charge coming cycle will be definitely more than 2000....pple say i crazy its ok, as i have mental record oso wahahaha
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halleluyah
Supreme |
05-Mar-2016 11:04
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Yes Usd will lau sai further.....Gold will up further....
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jazzietan
Veteran |
05-Mar-2016 06:08
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Just cont long oil, gold, short usd for this yr. Monitor dj to short...sure win $$$
My a$$ alr laughing wahaha |
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halleluyah
Supreme |
05-Mar-2016 01:29
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Gold one yr high..... |
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luca_brasi
Member |
05-Mar-2016 00:56
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The gold rush haha
Gold ETF Market Breaks: BlackRock Suspends ETF Issuance Due To "Surging Demand For Gold http://www.zerohedge.com/news/2016-03-04/blackrock-suspends-gold-etf-issuance-due-demand-gold |
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jazzietan
Veteran |
04-Mar-2016 17:32
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Need to cross 1320 and stay very firm there. Also luk at usd index. Lmfao
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jazzietan
Veteran |
04-Mar-2016 17:28
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I been asking pple buy in gold since end last yr. Im holding oso. But pls lor 20% and history down fr 2000 u call charge up? Gold charge up follow silver...so pls luk at silver chart 1st. Lmfao
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jazzietan
Veteran |
04-Mar-2016 17:25
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Haiz...
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chipchip66
Elite |
04-Mar-2016 17:14
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Gold up 20% from December . Still not charged ah?? It is confirmed Gold has entered into bull market.. |
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jazzietan
Veteran |
04-Mar-2016 17:10
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Relax uptrend nia....bull still not charge up yet | ||||
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marubozu1688
Master |
04-Mar-2016 15:58
Yells: "Be humble in front of Mr. Market." |
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Gold on uptrend now. http://mystocksinvesting.com/us-stocks/spdr-gold-gld/gold-on-bullish-up-trend/
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marubozu1688
Master |
13-Feb-2016 22:48
Yells: "Be humble in front of Mr. Market." |
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GLD may reverse to up trend. http://mystocksinvesting.com/us-stocks/spdr-gold-gld/is-gold-bottoming-up-and-starts-up-trend/ |
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huatster
Senior |
12-Feb-2016 12:46
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Ooohhh, GLD still up by more than 1% |
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jazzietan
Veteran |
12-Feb-2016 08:59
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Gd to slow dwn, tk breather for nxt leg up
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