Commodity Trade Mantra

Posts Tagged ‘Gold Buying’

Gold Buying Frenzy in India - The Price Means Nothing, Security is All

Gold jumped to $1,339 as speculation of a Trump win built. But then, Trump buying was met by Modi selling, which finally overtook Trump buying. What killed the gold rally? Those who are wiser are acquiring gold at bargain prices, at good prices and at high prices. The price means nothing. But it does require some wisdom to understand this.

Renewed Buying in Gold Futures & GLD Shares Fuelling Gold's Next Upleg

With gold futures speculators’ collective bets no longer excessively bullish and holding back gold, that paves the way for major investment buying to resume. Meanwhile American stock investors have resumed heavy buying of GLD shares again, fueling this ETF’s big early-quarter holdings build equalling Q1’16’s massive jump that ignited gold’s young new bull.

To Desperately Exit Short Positions, Banks Chose a Chinese Holiday to Slam Gold Prices

On October 4, 2016, for no apparent economic reason, the paper gold market was suddenly flooded with fictitious yellow metal. The reason gold prices dropped so dramatically, therefore, is probably as fleeting and capricious as the people behind it. Here are two Major possibilities. However, this is a major opportunity for purchasing real gold at a discounted price.

China On A Gold Buying Binge Despite Massive Debt For Obvious Reasons

Similar to that of other developed nations, China’s debt has also reached “bubbly” proportions. But they know that during the next crisis those nations with a large gold backing will not only survive, but will be prosperous as well! China will most certainly increase its gold reserves even further. Imagine if only a portion of their $1.22 trillion US treasury holdings are shifted to gold. BOOM…

Gold Futures Traders Breath Easy as Dovish Fed Powers the Next Major Rally

Gold futures surged after the Fed again chickened out on raising its benchmark interest rate. Gold futures speculators’ fear of Fed rate hikes has been a major drag on gold. Rate-hike risks just plummeted in the coming months, since the Fed can’t risk acting heading into the critical US presidential election. Gold’s next major upleg is likely just unleashed by the Fed.

Gold Price And The Interest Rate Disconnection

We are entering a new phase in gold price action where expectations of Fed interest-rate policy becomes less important & other gold price drivers come to the fore. I believe the Fed will have little room to raise interest rates by anything more than a token increase. What’s more likely, the US & global economic news will continue to disappoint & this could be enough to support a rising gold price.

Will the Dip in Silver Prices Attract Buyers to Silver Eagles Again?

Silver prices started a rapid spike higher in late June, taking it to $20.57 a troy ounce in July. At the same time, sales of silver American Eagles took a tumble. The price of silver bullion has been working its way down in recent days. Lower silver prices are attractive to long-term silver investors. Present silver prices might seem to be a last-chance kind of bargain.

Gold Buying in India Set to Get a Boost from Strong Monsoons

Gold is more popular among lower income families, many of whom depend on monsoon rains to nourish their crops. About a third of Indian gold demand comes from rural farmers, who have traditionally converted a percentage of all crop revenue into the precious metal to be held as insurance and sold in times of dire need. Most reports so far this year indicate surplus rainfall.

Due to Financial Cancer of Debt, Devastation is Our Future- Gold the Only Remedy

The fact that demand for gold is soaring says a great deal about investors’ combined frame of mind these days. People are scared. I fear devastation is in our future. If central bankers had succeeded in their efforts, we would have no need for negative rates. There is simply too much debt (financial cancer) in the system to save it. And buyers of gold know this.

Gold Prices Setting Up For A Major Advance Ahead

A decisive break above $1,400 an ounce could be just around the corner & would signal the start of gold’s next major advance. Near term, gold prices will continue to be dependent on the flow of economic news as it affects expectations of Federal Reserve interest-rate policies. The U.S. & global economic news will continue to disappoint & this could be enough to support rising gold prices.

This Is What Will Push The Gold Market Over The Edge

While a fraction of investors continue to acquire a lot of physical gold, the mainstream investor is the key to driving the gold market and price going forward. Why? Because the diehard investors don’t have the sort of leverage as do the mainstream investors, which account for 99% of the market. This could be the year that the mainstream investor finally pushes the gold market over the edge.

Why are Central banks Forcibly Loading up on Gold?

Ordinarily central banks are more apt to shed gold than buy it. But now is not a normal time & so are loading up on gold. As currencies grow more unstable, central banks will seek a “bridge” that holds value in the midst of currency volatility & diversification away from the US dollar. That bridge seems to be gold, as it certainly doesn’t seem as if many other logical asset choices exist.

Gold Buying by China in a Very Aggressive Motion Right Now

China has gone from being the price taker to the price maker. China wants its currency to be as prominent as the euro, yen & the dollar for global trade. As in the SDR, when you go and borrow the only thing they’ll take for collateral is gold, so the Chinese have been on a very aggressive program of buying gold every month, and we’re seeing that in motion.

India - A Critical Consumer Is Buying Gold For The First Time In 3 Weeks

The good news for the bullion market is that India will now be buying gold again — for the first time since February. That should give a lift to gold prices — especially with reports suggesting there is a lot of “pent up” demand here after the 19-day strike. Watch for imports into India to rise for the coming weeks, and potentially lift the gold price. Here’s to a triumphant return.

Year-to-Date Gold Holds the Glory – How Long Can It Shine?

Gold prices are resilient & seem set for an interesting year as central banks exhaust their firepower. Gold ETF inflows have surged to the highest since 2009. Perhaps we may see some of the money flows rotate to the other precious metals as year to date, gold has had all the glory. With inflation yet at all time lows, uncertainty to the bullish outlook has increased & downside risks have crept up.

Here Is What Will Fuel The Mighty Upleg In Gold In 2016

With the gold positions of speculators & investors alike so radically skewed by the Fed’s extreme market distortions, vast mean-reversion buying is inevitable in 2016 to start to normalize gold investment back to reasonable levels. Coming off of such an anomalously-low base where virtually everyone loathes gold, all this gold buying is going to fuel a mighty gold upleg.

Rate Hike Or No - The Fed Will Not Kill Gold

The Fed either raises rates by 25 basis points in December, or it doesn’t. Both scenarios are actually bullish for gold. Doing nothing is good for gold for obvious reasons. But if they actually do hike, the gold market has already discounted the rate increase, likely factoring in substantially more than 25 basis points.

A Reality Check of the Gold and Silver Market

If you want realistic answers as to why gold and silver have not rallied to reflect the huge demand for their limited supply, look no further than the ongoing events unfolding around the world as diversions to keep the elite’s theft-of-the-world’s-wealth-by-fiat under control. That is reality in a nut shell.

Gold and Silver: Arbitrage Opportunities for You to Pounce On

The most promising arbitrage situations—trades that exploit price differences between similar financial instruments—come about as a result of takeover bids, while others happen when a company’s shares trade significantly below its cash on hand. Here are some company stories with management teams that Jayant Bhandari thinks are close to perfect.

Why a Fed Rate Hike Could Be a Blessing for Gold Prices

I think the timing of a rate hike has been overhanging the gold market for well over a year. Relieving that issue could actually prompt a short covering rally. It would be kind of a sell-the-news event where the shorts figure that the trade is over and this is a good time to begin covering, more and more head for the door, and we have the rally underway.

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