Čína môže vytlačiť cenu zlata vysoko

Hodnota doposiaľ celkovo vyťaženého zlata pri cene $1000/oz sa odhaduje asi na 5 biliónov dolárov. Ak si vezmeme v úvahu, že Čína má v rezervách asi US$2 bilióny, tak aspoň malá časť týchto peňazí premenená na zlato môže vyniesť jeho cenu na nové úrovne.

The Chinese government has the means at its disposal to actually do something about prices. Namely, at $1,000 an ounce, the total value of all the gold ever mined comes to about $5 trillion.

Of that amount, less than $1 trillion is held in official reserves, the rest under mattresses, in jewelry and family heirlooms, and in various ETFs – GLD being the biggest, by far, holding about $34 billion worth of gold.

Against these totals, China has foreign reserves in excess of $2 trillion. In other words, more than enough to push the tiny gold market around in any way it wishes. Given that much of its reserves are now denominated in fragile U.S. dollars that it would sorely love to replace with something more tangible, and that China is the world’s largest gold producer, the country’s involvement with gold is something more than just a passing fancy.

Simply, there is a new gorilla in the room in global gold markets. The extent to which the broader market hasn’t yet figured this out is the extent to which you as an early mover can ultimately profit.

No need to chase gold at these levels, as opposed to buying on dips. But buy.

Článok:news.goldseek.com/GoldSeek/1253254020.php

18.09.2009