Forum > View Topic (Hot-Chart)
This thread was started in response to the Hot-Chart:
EURUSD 1.1851 |
USDJPY 111.52 |
GBPUSD 1.3772 |
AUDUSD 0.7485 |
USDCAD 1.2406 |
GBPJPY 153.59 |
EURJPY 132.15 |
AUDJPY 83.48 |
CADJPY 89.86 |
Silver 26.23 |
OFCOURSE! The ENTIRE world, incl/ Yours Truly, will be buying should gold breach 1100...& the buying in itself would be sufficient to drive the price higher!
But...BUT...the question IS that WILL touch 1100...??
Asad
MINERS
PHYSICAL GOLD
PAPER GOLD
ALL THIS IN THE SCENARIO OF A DISRUPTION DUE TO A LACK OF AVAILABILTY IN GOLD FOR DELIVERY. FOR THE MOMENT THE ONE INVOLVED IN LEND AND LEASE GOLD BULLION MIGHT FIND THE TIME DIFFICULT DEPENDING IF THEY R LENDERS OR BORROWERS.
TO ADJUST THE DISCREPENCIES BETWEEN PRICE AND MATURITY DELIVERY SOME WILL ACT FOR A DIVE CORRECTION IN SPOT PRICE;
THE ONE LOCKED IN FIVE YEARS OPS WILL TRY TO FIND A EXIT POINT TO SAVE SOME CAPITAL BASE AND LOWER THE OVERALL CORPORATE RISK RATIO.