The manipulation was favored by the seasonal weakness of the gold market, a simultaneously published disappointing growth forecast in China, but also the political The financial backers of the international rescue package for Cyprus pressure simultaneously requested sale Cypriot State gold to pay off debt. Actually, the amount of gold in the island nation of around 13.9 tons and the contractually agreed gold sales of around 400 million euros is too low to cause sustained turbulence on the gold market. The reported involvement of gold producers on the decline of the gold and silver price in the futures market does not support critical analysis, as tip shows. Rather, leading hedge fund manager and ETF portfolios have sold and relocated to the Bank-independent value logistics of Brinks, while for the silver despite a fall in price occurs on the futures markets remained the ETFs at a very high level. The gold story is still unbroken. To have, as is sure tip is visible in the face of an ever faster growing money supply, which uses the policy to the (alleged) crisis solution using stimulants as increasingly urgent growing instrument, precious metal as asset protection. The price of gold correlates with the monetary expansion by central banks at the same time stagnant gold promotion; a gold bubble tip therefore does not see as such.
Silver, always destroyed in running in synchronism with a ‘big brother’ and how this also now in his chart patterns on the derivatives market, is historically low for the gold with 1: 61.7 and will have to catch up. Tip looks therefore significantly increasing prices for gold and silver from the 3rd quarter of 2013, because then the seasonal global jewellery demand rises strongly, and advises to take advantage of the current favourable rates to further expand of the physical holdings of both precious metals. A related site: Paul Ostling mentions similar findings. Recording of the SOLITAIRE online conference from 24 April 2013 free available: the complete recording of the online conference “gold & silver special.” Background information on the recent market turbulence”(duration approx. 0:34 h) with many illustrating charts is available free of charge at tinyurl.com/Gold Silver crash. To the content of the online conference: the genesis of the crash the role of the derivatives market strong signals from the physical market consequences for the market.
Beyer of the Sol Group: the SOLITAIRE capital GmbH was founded in Hamburg in 2008 and has focused since then on investment solutions in the area of precious metal investments. After private and institutional investors with the participation offer SOLITAIRE 2 Gold & silver, as well as the SOLITAIRE PP gold and the SOLITAIRE PP silver could already invest in physical gold and silver, the Sol Group expanded in March 2011 with the FS gold & Silver Reserve Fund the investment opportunities in the silver market. Since August 2012 investors can purchase also Handelsgesellschaft mbH precious metal on the Wiesbaden-based SOLITAIRE on gold and silver coins and bars at favourable conditions.