Zlato môže poklesnúť na $1475

D. Gartman vo svojom poslednom newsletteri tvrdil, že býčí sentiment zlata končí a nastupuje medvedí. Panická likvidácia pozícií môže stlačiť cenu zlata na úroveň US$1475/oz. No vyzerá to tak, že skutočne sme na ceste k tejto úrovni.

In his latest newsletter, Gartman states that he is seeing “the beginnings of a real bear market, and the death of a bull”. As for the reason for his belief, he explains that China has been aggressively buying gold for the past weeks. In such a situation, prices should have surged.

“So much damage has been done to the psychology of the market in the past week and so many late longs have been caught off guard that we think wholesale liquidation … and perhaps forced liquidation … shall be the outcome. We can imagine Gold trading back toward €1075-1125/oz and/or toward US$1475-1525.

It really won’t take much to push it there. Panic liquidation would do so rather swiftly. We’ll simply stand aside from the gold market then, preferring to be long of gold and not wishing really to be short of it. The sidelines seem the cozier of the two”, the letter states.

Dennis Gartman is the publisher of the widely read Gartman Letter and came into worldwide prominence after correctly predicting the commodities slump in 2008.

Článok: www.commodityonline.com/news/why-the-gold-bull-market-is-dead-and-headed-to-$1475oz-44388-3-1.html

15.12.2011