• Same story, different day...........year ie more of the same fiat floods the world
  • There are no markets
  • "Spreading the ideas of freedom loving people on matters regarding high finance, politics, constructionist Constitution, and mental masturbation of all types"

Another bullion prediction that probably not worth the time I took to post it

luckabuck

I made mine in the stock market!
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#1
Morningstar- In the short term, "it is difficult to say where gold will be trading next," said Edward Meir, independent commodity consultant at INTL FCStone, in a note. "The ECB announcement was inconclusive in that although the central bank deferred from initiating any additional easing, it did leave the door open for future moves...so the next effect on gold is arguably a wash."

Despite the interest-rate tug, global demand looks to underpin gold prices, offsetting dollar- and stock-linked volatility in the near term, said analysts at Commerzbank

Data from the Swiss Federal Customs Administration show that Switzerland exported more gold to Asia again in June. Exports to Hong Kong in particular grew sharply, soaring by nearly 50% month-on-month to 35.8 tons. Exports to China remained virtually unchanged at the previous month's level, while exports to India picked up somewhat. Last month, Switzerland's combined exports to Hong Kong, China and India totaled 75 tons. This was the highest volume since January and points to reviving gold demand in Asia.

"Figures showing gold trading between Hong Kong and the Chinese mainland could therefore prove surprisingly positive when they are published next week," the Commerzbank analysts said in a note.

What's more, according to data from the customs authorities, China imported 248 tons of silver in June, which is a good 10% more than last June. First half year imports were a good 6% up year-over-year at 1,453 tons.
 

OverOver

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#3
Bo Polny says.............................

edit: Found this today July 25, 2016 After awhile they all seem to blend together.

 
Last edited:

Malus

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#4
So, why did you post it?