Cena zlata je pre nákup vysoká

Čína začína mať dojem, že trh so zlatom je nafukujúca sa bublina. Krajina má v úmysle doplniť svoje zlaté rezervy, nie však v tomto období a hlavne nie za súčasnú cenu.

Gold prices are currently high and markets should be careful of a potential asset bubble forming, a senior official at China's central bank said on Wednesday, as prices for the precious metal hit a record high.

None other than the soon-to-be-winner- of the "new darling" central bank contest of the bullion bulls, China, uttered the "B" word overnight. Just as bullion set new price records near $2018 per ounce. "Gold prices are currently high and markets should be careful of a potential asset bubble forming" a senior official at China's central bank said on Wednesday, as prices for the precious metal hit a record high. This is the China that is supposed to be getting ready to go on a gold shopping spree that some have estimated to range from 2 to 10 thousand tonnes?

"We must keep in mind the long-term effects when considering what to use as our reserves," Hu Xiaolian, a vice-governor at the People's Bank of China, told reporters in Taipei, when asked if China had plans to increase its gold holding in its foreign exchange reserves. "We must watch out for bubbles forming in certain assets, and be careful in those areas." In so many words, no thanks. Not at this time, certainly not at this price. And, most certainly not, when one considers what such a little shopping spree might do to prices during the process, and what the other side of the mountain might look like when sitting on such a pile and possibly having to sell some tonnage for whatever purpose.

Článok:www.commodityonline.com/news/Why-China-is-scary-that-gold-market-is-on-a-bubble-23480-3-1.html

03.12.2009