Fermer X Les cookies sont necessaires au bon fonctionnement de 24hGold.com. En poursuivant votre navigation sur notre site, vous acceptez leur utilisation.
Pour en savoir plus sur les cookies...
Cours Or & Argent
Recevez notre Marketbriefing
Dans la même rubrique
pearsallmarc
Membre depuis mai 2012
3 commentaires -
0 abonnées
A laissé un commentaire sur l'article :
>Gold futures market heading for crisis  - Alasdair MacLeod - Goldmoney
Well, this article is about as clear as mud. I thought I was following along until the force majeure comment. Is the author trying to say that the price of silver and gold will go down because there is not enough available silver and gold to supply the markets? I would have thought the scenario would have been just the opposite. If it became apparent to all that there was not enough physical silver and gold to supply the markets, then the markets would logically come to the realization that all the short positions could not possibly be covered, thus creating a short squeeze, with the price of silver and gold rising, not falling. Increasing the demand due to the inadequate supply. Economics 101, as far as I can remember.
Also, the following comment about "the consequences of this extreme action could well be destabilising not only for the price and demand for silver..." How could the DEMAND for silver be destabilized? Will the demand dry up because of the NYMEX declaring force majeure? Will industrial users stop creating their products because of this? I seriously doubt that. If anything, they would be clambering for supply (to carry on their businesses), which would drive the prices up, once again.
I understand that the author is an economist, which might make it difficult for him to write in plain English that could be understood by lay people such as myself, but really, is that necessary? Why write articles for the public that are obscure and un-readable? Stick to your text books if you want to write jargon.
I think at best, the article will be ignored. At worst, the author has just given the crooks at the CME/NYMEX a good idea about how they could screw the individual investor once again, jut as they did a while ago by raising the margin requirements on silver futures 3 times in as many weeks, thus crushing the price down over 40% Force majeure can be used in times of war and natural catastrophes, not because some bankster gets caught with their pants down and an illegal short position that cannot be covered.




Commenté
il y a 4322 jours
-
envoyer
Début de l'article :I thought I had a good idea what disasters we might face in 2013, and then I saw the most recent US Commodity Futures Trading Commission’s Bank Participation Report for gold and silver. On the basis of recent BPRs these markets are heading for a crisis, which is generally unexpected. I shall break the reader in gently by looking at gold first... Lire la suite
Répondre à ce commentaire
Vous devez être connecté pour commenter un article8000 caractères max.
connectez-vous ou inscrivez-vous
Top articles
Profitez de la hausse des actions aurifères
  • Inscrivez-vous à notre market briefing minier
    hebdomadaire
  • Recevez nos rapports sur les sociétés qui nous semblent
    présenter les meilleurs potentiels
  • Abonnement GRATUIT, aucune sollicitation
  • Offre limitée, inscrivez-vous maintenant !
Accédez directement au site.