ZLATO – tichý vzostup ceny
Niekoľko kritických faktorov, ktoré v súčasnosti môžu mať vplyv na pohyb ceny zlata.
Gold is quietly on the verge of breaking out in all major currencies, after the all-out assault on the oil price left gold unscathed. Gold is the strongest performing among all the commodity items.
Critical factors for the rise in the gold price are:
v The Bank of Japan has been compromised politically and will permit continued funding the global Yen Carry Trade.
v The Euro Central Bank has not finished with its interest rate hikes, sure to aid the rise in the Euro currency.
v Housing has crippled US Federal Reserve policy, unable to defend the USDollar.
v A bank crisis worse than the 1989 Savings & Loan debacle is in progress, sure to see infection to the general banking system. The USFed and Dept of Treasury are laundering mortgage bonds illicitly, without 98.69% probability.
v China will invest its $1 trillion in FOREX reserves, sure to include commodity stockpiles and additions to their gold bullion bank.
v The global liquidity torrent continues, which fits the Weimar description.
v Price inflation continues to rush through the system’s pipelines.
v Flat gold mining output growth in 2007 is expected. Global gold demand in 2006 hit a record.
v Geopolitical turmoil seems a constant, seemingly on the brink of eruption lately.
Critical factors which place the gold at risk are few:
v A major coordinated central bank gold dumping might occur at any time.
v The USFed might view higher long-term interest rates as US Economic strength. Wrong! See lower OPEC surpluses. A rate hike would protect the USDollar.
v Peace might emerge across the MidEast, as the US and Iran kiss & make up. Faggedabaddit! Russia is in the picture. Is that a Sunburn missile on that thar hill?
v An economic recession across the United States and Europe might take hold, without any infection into the bank system. Not another Goldilocks theory?
Source: GoldSeek
18.02.2007

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