Gold futures most still in a bull market into. gold to the end of the year by early next year, there is high possibility. ; several major sections, the basic metals usher in the second half of the cyclical adjustment, agricultural products (000061, stock it), is the focus of one of the suppression of inflation with little hope. As of July 15 week, COMEX gold for non-commercial net long position to 202,783 hands, hand the previous week to 189,602. On Monday, the world's largest gold ETF: StreetTracks Gold Trust gold positions increased from 3 to 705.59 tons, driving the market the popularity of investing in gold. Wang Sheng Jiao, said: variety is the most worthwhile investment. potential.
Gold Gold is a haven of inflation itself has a store of value, so the period of hyperinflation will cause investors to demand. from the current point of view, the global face of inflation, while not yet malignant, but the risk of inflation expectations is increasing. The cut into that level of increased inflation, gold will be good. In addition, crude oil and there is a positive correlation between gold,bailey UGG boots, that gold prices will curb crude oil fell, while crude oil prices will support gold prices. But this correlation is not 100%, in certain conditions, passivation phenomenon may also occur. Wang Sheng Jiao pointed out that from the perspective of supply and demand, crude oil demand is still strong,Bailey UGG boots, but high oil prices make the developing countries can not afford, inertia is certainly down, but under very difficult to break $ 100. To get out the gold bull market, such as crude oil must be completely finish this wave decline. However, most analysts believe that the international oil price is short-term pullback in oil prices may still come back, then decided we should look at the trend of the gold dollar,UGGs, the Fed's interest rate policy will be about the price of gold. Gold is not only affected by oil prices, is also closely linked with the U.S. dollar. As the U.S. economy situation is not ideal, even behind the U.S. government has repeatedly said U.S. dollars. On Tuesday, Philadelphia Fed Xipuluosuo suggested the Fed may have to return to normal before the financial market interest rates. U.S. Treasury Secretary Henry Paulson also reiterated the strong dollar is in U.S. interests. day The dollar rebounded sharply across the board, the U.S. dollar against the euro hit its biggest one-day gain in more than two weeks. The cut into the view that if the Federal Reserve to raise interest rates in the second half of measures will provide greater support for the dollar, which will result in dollar-denominated gold decline may occur, but that does not undermine the gold bull market pattern. Wang Sheng Jiao will remind investors: will determine the economic policies. If the United States into the interest rate cycle, investors should be treated with caution. impact is only temporary, but if interest rates into the cycle,Discount UGG boots, then the impact on the price of gold will be a medium to long term. However, there is still a bull market in gold, analysts expect these negative factors such as finish, gold Futures are most likely to the fourth quarter of 2008 reached a record high in early 2009.
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