Big Picture: Are Central Banks Losing Control Of The Gold Market?

Lesenswert:

Are Central Banks Losing Control Of The Gold Market?

Jan. 26, 2014 12:00 PM ET 

The gold futures (paper) markets have become an entity (virtual casino) all on its own with the central banks as the house in control. Since the highs made in September 2011 above the 1900 level, we have seen nothing but persistence central bank naked short selling against a background of relentless demand by China and its neighboring economies. This has skewed the real balance of supply and demand globally by historic proportions..

Link: http://seekingalpha.com/article/1968201-are-central-banks-losing-control-of-the-gold-market?source=feed_f

Quelle: bigcharts.com