Slabé fundamentálne základy pre zlato a striebro?

Aj napriek nepriaznivým fundamentom by cena zlata podľa CEO GFMS mohla vystúpiť o čosi vyššie, avšak nie až k úrovniam, ktoré očakáva väčšina analytikov. So striebrom je to vraj horšie. Maximálne US$20/oz.

Despite highly adverse fundamentals, gold could still rise a little over the remainder of the year, but not by as much as many analysts believe because fundamentals are currently so adverse.

He suggested the current supply/demand balance should not support even the current gold price. The fact that the gold price is as high as it is, thus down to investment demand, but if the stock market in general continues to climb, making people less risk averse, then money could start flowing out of investment gold.

Under normal circumstances, Klapwijk averred, we might have already seen peaks in price for both gold and silver, but central bank and governmental policies could prolong the bull market a little longer, but the adverse fundamentals will bring prices down eventually.

Other points in favour of precious metals price rises could be that Central Banks are moving back to a stage where they seem to have less appetite for the selling off gold reserves; some are even beginning to buy which could continue to support gold, despite the adverse basic fundamentals. Even so, he would not predict more than an $1100 peak for gold and a return to $20 silver as possible medium term high points for the metals.

Článok: www.commodityonline.com/news/Central-Banks-not-eager-to-sell-gold-reserves-17732-3-1.html

14.05.2009