gold price trend

2011年8月8日 星期一

Ways to earn money to buy gold Although the U.S. debt to avoid default, but the increasingly bleak outlook for economic growth, global recession worries surfaced, hedging demand is high, the price of gold hit a record high 1,659.19 dollars, multi-currency-denominated gold prices are high. Integrated Media August 2 report, New York 2, International Spot gold hit a record high 1,659.19 dollars / ounce, went straight to the 1,660 dollar mark, the debt crisis as investors continued worries about the growing spread of U.S. economic growth prospects increasingly bleak, hedging demand is high. So far this year the price of gold has risen about 15% to multi-currency-denominated gold prices are record highs. Although the United States to avoid a debt default, but the loss of AAA sovereign rating remains possible, including gold, Swiss franc and the German debt, including a stronger hand in safe-haven assets. Countries outside the euro area stock and bond markets under pressure, Spain and Italy, bond yields climbed to a 14-year high. Analysts pointed out that the market right now for the concerns of weak U.S. economic recovery overshadowed the debt reached an agreement to bring ease the mood. Further terms, except the United States, the euro area, China and the world are facing the risk of sluggish economic growth. In this environment, seeking gold, Swiss franc and other safe-haven assets is crucial. Phantom of the global economic downturn from the recently published national manufacturing purchasing managers index (PMI) in faintly discernible. Data showed the U.S. ISM manufacturing PMI in July from 55.3 in June fell to 50.9, well below the expected level of 54.9; July Markit Eurozone Manufacturing PMI final value of 50.4; UK July Markit / CIPS manufacturing PMI is down to the bottom line ups and downs, recorded 49.1. China's manufacturing performance is also very bleak, the official July manufacturing PMI fell to 29-month low of 50.7, HSBC July manufacturing PMI fell to 28 months is also low 49.3. BNP Paribas (BNP Paribas SA) currency strategist Mary Nicola pointed out that the current market focus is shifting to the U.S. debt agreements related to measures of fiscal drag and the potential for economic growth, this will mean a weaker dollar will eventually continue Gold is expected to take the opportunity to refresh the record. Credit Agricole (Credit Agricole) analyst Robin Bhar said the market there is a saying called 'climate of fear filled in when to buy, is busy at the time the fire of greed to sell'. Obviously people have been 'bought in fear' precious metals, but they will today and tomorrow late morning start selling Asian market it? I do not know. Bhar also said the United States to avoid default but could not escape despite downgrades of Ecuador, which is now a mainstream point of view. I thought that $ 1,650 gold in the next two to three months price target, but now seems to have no factors that can prevent the gold up the road, and no one knows when the price of gold will stop forging ahead. In addition, the steady stream of safe-haven buying into gold, South Korea and Thailand the central bank holdings of gold have also been announced. Make money fast to buy gold

Ways to earn money to buy gold
Although the U.S. debt to avoid default, but the increasingly bleak outlook for economic growth, global recession worries surfaced, hedging demand is high, the price of gold hit a record high 1,659.19 dollars, multi-currency-denominated gold prices are high.
Integrated Media August 2 report, New York 2, International Spot gold hit a record high 1,659.19 dollars / ounce, went straight to the 1,660 dollar mark, the debt crisis as investors continued worries about the growing spread of U.S. economic growth prospects increasingly bleak, hedging demand is high. So far this year the price of gold has risen about 15% to multi-currency-denominated gold prices are record highs.
Although the United States to avoid a debt default, but the loss of AAA sovereign rating remains possible, including gold, Swiss franc and the German debt, including a stronger hand in safe-haven assets. Countries outside the euro area stock and bond markets under pressure, Spain and Italy, bond yields climbed to a 14-year high.
Analysts pointed out that the market right now for the concerns of weak U.S. economic recovery overshadowed the debt reached an agreement to bring ease the mood. Further terms, except the United States, the euro area, China and the world are facing the risk of sluggish economic growth. In this environment, seeking gold, Swiss franc and other safe-haven assets is crucial.
Phantom of the global economic downturn from the recently published national manufacturing purchasing managers index (PMI) in faintly discernible. Data showed the U.S. ISM manufacturing PMI in July from 55.3 in June fell to 50.9, well below the expected level of 54.9; July Markit Eurozone Manufacturing PMI final value of 50.4; UK July Markit / CIPS manufacturing PMI is down to the bottom line ups and downs, recorded 49.1. China's manufacturing performance is also very bleak, the official July manufacturing PMI fell to 29-month low of 50.7, HSBC July manufacturing PMI fell to 28 months is also low 49.3.
BNP Paribas (BNP Paribas SA) currency strategist Mary Nicola pointed out that the current market focus is shifting to the U.S. debt agreements related to measures of fiscal drag and the potential for economic growth, this will mean a weaker dollar will eventually continue Gold is expected to take the opportunity to refresh the record.
Credit Agricole (Credit Agricole) analyst Robin Bhar said the market there is a saying called 'climate of fear filled in when to buy, is busy at the time the fire of greed to sell'.Obviously people have been 'bought in fear' precious metals, but they will today and tomorrow late morning start selling Asian market it? I do not know.
Bhar also said the United States to avoid default but could not escape despite downgrades of Ecuador, which is now a mainstream point of view. I thought that $ 1,650 gold in the next two to three months price target, but now seems to have no factors that can prevent the gold up the road, and no one knows when the price of gold will stop forging ahead.
In addition, the steady stream of safe-haven buying into gold, South Korea and Thailand the central bank holdings of gold have also been announced.
Make money fast to buy gold 

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