2011年8月27日 星期六

Expect a Spectacular Short Covering Rally in Gold

kingworldnews.com

With gold accelerating today’s gain in access market trading to over $57, King World News interviewed James Turk to get his thoughts on where gold and silver are headed from here. When asked about the action in gold Turk stated, “This was a big day and a great close to the week. The strength that gold displayed suggests that we are going to probe $1,900 very quickly, possibly as soon as next week. What seems apparent is that a lot of people jumped on the short side and are now caught, so the short covering rally could be quite spectacular.”

James Turk continues:

“I read KWN’s interview with Pierre Lassonde and I agree with Pierre that gold should hit $2,000 within 30 days. One of the primary reasons will be the fuel from all of the short covering. The big news today Eric is Bernanke’s speech. He left the market hanging by not giving any firm conclusions today regarding the printing press. The fact that the Federal Reserve has changed their September meeting to two days instead of the normal one day indicates something is afoot.

Given that policymakers have only one remedy for every problem, which is to print money, we can assume QE3 will be announced next month. Even though gold was showing strength all day long, it should be no surprise that gold started moving higher after Bernanke’s speech.”

When asked about silver specifically Turk resonded, “Even though silver hasn’t been getting much attention lately, it is important to note that its low was made back in early July. Since then silver has been in a steady uptrend and it looks like the power of the accumulation that we have seen over the past couple of months is about to be unleashed....

“As gold approaches that $1,910 record high, silver will probably be over $44. It looks to me like the gold/silver ratio is about ready to start falling again. Consequently, I expect silver to hurdle above $50 in September.

6 則留言:

  1. Quoted from silvergoldsilver:

    Friday, August 26, 2011Exclusive: China or one Chinese buyer....
    just bought ALL OF PERTH MINTS 1 oz Coins.

    This is not a joke.

    Contact them for yourself, as my dealer said there is an 80% chance that China just cleared out the perth mint for all of the 2011
    1 oz supply, especially the Dragons.

    IF true, we should be hearing about this from large suppliers shortly.

    以上唔知真定假?

    nlpsonia

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  2. 回nlpsonia,
    有商機的地方中國人排頭位 !
    只睇中國銀幣D價錢已炒到癲曬 !
    希望我地還可以買到平銀 !
    BTW, 一公斤兔銀幣好似可以賣到15,000蚊了 !

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  3. http://www.perthmintbullion.com/Blog/Blog.aspx

    •1oz Lunar Dragon gold bullion coin (max. mintage 30,000) – No more than five coins per customer.

    •1oz Lunar Dragon silver bullion coin (max. mintage 300,000) – No more than 20 coins per customer.

    No restrictions apply to 1kg, 10oz, 2oz, 1/2oz, 1/4oz, 1/10oz or 1/20oz gold bullion Lunar Dragon coins; or 1kg, 10oz, 5oz, 2oz or 1/2oz silver bullion Lunar Dragon coins.

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  4. 剛去展廳, 在泰星錢鈔買了幾個熊貓銀, 我想儲番之前年份, 如果唔係貴太多.

    睇完之後,去左大洋格下價.

    價錢平過大洋少少.
    大洋既2011熊貓金幣在展廳無得散買了, 要一套買$28800
    展廳1996 panda $630 大洋700
    1997 panda $700, 大洋740
    2007 panda 540, 大洋同價
    2009 panda 580, 大洋要750, 東洋780 !09年係送俾台灣既團團圓圓熊貓

    另一檔2011 澳洲樹熊$400
    旺旺

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  5. 回旺旺,
    澳洲樹熊去 Kitco 買平 D !
    2011銀熊貓乜長城唔係有賣 440蚊一個呀 ?
    愈舊熊貓就愈貴, 所以我唔打算買, 只買咗 2010和2011的 !

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  6. https://www.kitcomm.com/showthread.php?t=90247

    2012 Silver Australian Lunar Year of the Dragon – Bullion Coloured Coins
    The design for the 2012 Australian Lunar Year of the Dragon silver bullion coins features a coloured representation (Red: 1kg, 10oz, 5oz, 2oz, 1oz and 1/2oz; Blue: 1oz; Silver: 1oz; Purple: 1oz; Brown: 1oz; White: 1oz; Yellow: 1oz; Black: 1oz and Gold: 1oz) of a dragon and a fireball. The coin includes the inscription ‘Year of the Dragon’ along with the Pinyin pictograph pronounced ‘lóng’ and meaning ‘dragon’.

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