Temporary Gain For Gold - Don't Buy [Fell In Trap]
Gold set the weekly advance, the biggest in the last years as fears of immediately stopping the Quantitative Easing [QE] by the US Federal Reserve. The rise was none other than 4% since 2011. Ben Bernanke was keen to keep rolling the QE policy as unemployment and low inflation are considered to be very low. Last week we saw the supply was high whereas the demand of Gold was low. This week it's a slight vice versa scene ie., Supply is restricted to keep the Demand high.
Though Gold had been increased, but this is not due to increase in purchase or actual demand. But actually every investors are changing the investments from Gold to US Equities. US Comex had lost to US$ 1278/Ounce. To make it confirm, the United States Data shows increase in production price, confirming the impact of Inflation in the years to come. Due to this, Federal Reserve can take a stand to close the slowing stimulus package.
SPDR Gold Trust, the biggest Gold Exchange Traded Fund had kept the holding same at 30.2 Million Ounces. In Chinese, the Gold Exchange Traded Funds shown higher gain than United States market. But actually we've to see the USA market, as it's gaining momentum and Chinese market is steaming out. Not only Gold is suffering, Silver too fell 1.3% and Platinum too faced the wrath. So invest in United States Stocks to gain more and sell Gold, Silver and Platinum in Chinese market to gain from both.
Keyword: Gold, Gold to US Equities
Though Gold had been increased, but this is not due to increase in purchase or actual demand. But actually every investors are changing the investments from Gold to US Equities. US Comex had lost to US$ 1278/Ounce. To make it confirm, the United States Data shows increase in production price, confirming the impact of Inflation in the years to come. Due to this, Federal Reserve can take a stand to close the slowing stimulus package.
SPDR Gold Trust, the biggest Gold Exchange Traded Fund had kept the holding same at 30.2 Million Ounces. In Chinese, the Gold Exchange Traded Funds shown higher gain than United States market. But actually we've to see the USA market, as it's gaining momentum and Chinese market is steaming out. Not only Gold is suffering, Silver too fell 1.3% and Platinum too faced the wrath. So invest in United States Stocks to gain more and sell Gold, Silver and Platinum in Chinese market to gain from both.
Keyword: Gold, Gold to US Equities
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