GBX gold half frame pointer...
News - Financial ThaiPR.net - Tuesday, July 15, 2557 10:56:21 AM
GBX gold half frame pointer 1180-1420 coins per troy ounce. Stimulus benefited the euro zone - a problem in Ukraine. And problems in Israel
Bangkok - 15 Jul - Media Planner Consultant Services.
PLC Global Blake holding a gold frame 1180-1420 half dollars per troy ounce. Of additional stimulus in the euro zone. And ww cut interest rates Positive conflict between Russia And Ukraine is not the end Combined with the problems between Israel and Palestine led investors to invest in gold as a safe asset. Fed rate stance to reduce eye pressure QE gold price during the rest of the year.
Mr. Soros Sakornvisava President Glow Blake Holdings Management Limited (the Company) or GBX direction of movement of the gold price in the second half of 2557 that the movement of gold prices remain in the range 1180-1420. dollars per troy ounce After having dropped over 38% from the peak of $ 1,920 per troy ounce. And the low level of $ 1,180 per troy ounce.
We believe that the price is likely to rise in the second half of this year. Of additional stimulus of the eurozone. Subject to further interest rate cuts. And there is more stimulus. If signs of economic slowdown.
There is also the issue of the conflict between Russia, Ukraine and Eastern Ukraine, which concentrate on the expansion of an international problem to send the gold to get a security interest in the asset base. For the latest issue of Israeli deaths from Israeli air strike on the Gaza Strip for a period of 4 days has increased to 118 persons is also driven investors to buy gold as a safe base.
However depress gold prices in the second half, it still exists. Of concern The Fed will continue to cut limits measure QE until the end of such measures by the end of October 2557 and the first half of the SPDR a lower status, with only 7 tons, compared with the year 2556 the fund has sold at a discount. status to 380 tons is a sign that the fund has already invested through the port and in the future is expected to have a large sales force, as in the first half of the year 2556.
"Reducing Measures QE the Fed to cuts in every time there is a meeting of one billion dollars, which would result in such measures ended in October 2557 after incorporating QE continues. since 2552 there is also additional pressure on U.S. interest rate policy if the policy rate hike will result in money flowing back to the U.S. and the resulting pressure on the dollar price of gold. "Mr. Soros said
The Dame Janet Yale Lane told the U.S. Congress that the Fed chairman. The Fed will continue to cut the amount of bonds constant until the end of the project this fall. If U.S. economic growth goals. She also noted that most Fed officials expect the policy rate to return to normal in 2558 or 2559.
Managing Director of a Globex Holding Management, said the price of gold in the first half of the year 2557 the gold price movement in the 1180-1420 dollars per troy ounce. Began rising earlier this year. Which received a boost from the European Central Bank is ready to undertake more stimulus measures if needed. And investors to buy gold as a safe after the Crimean parliament has approved your Independence of Ukraine. The voting results indicate that 95.5% of the Crimea, the right to a referendum. To join forces with Russia.
While the U.S. and the international community will not accept such cancellation, the U.S. trade negotiations. And military exchanges with Russia. And also approved the suspension of visa And freeze the assets of several Russian and Ukrainian. Is involved with the Russians sent troops into the Crimea.
The strategy of investing in gold for the second half of 2557 as investors short. Suggest that speculation played in the 1180-1420 dollars per troy ounce. By buying at support and sell at resistance. Investor medium - term. Recommended to accumulate when the price dropped in the 1180-1250 dollars per troy ounce. Because long-term gold price has also been driven by the various central banks inject money into the system continuously.
:: http://www.ryt9.com/s/prg/1940421
Posted : 15 July 2014