s********n
发帖数: 1962 | 1 HONG KONG (MarketWatch) -- Hong Kong is pulling all its physical gold
holdings from depositories in London, transferring them to a high-security
depository newly built at the city's airport, in a move that won praise from
local traders Thursday.
The facility, industry professionals said, would support Hong Kong's
emergence as a Swiss-style trading hub for bullion and would lessen London's
status as a key settlement-and-storage center.
"Having a central government-sponsored vault would create a s |
s********n
发帖数: 1962 | 2 This is a milestone. It explains the sudden run up in gold price.
from
's
where
be
【在 s********n 的大作中提到】
: HONG KONG (MarketWatch) -- Hong Kong is pulling all its physical gold
: holdings from depositories in London, transferring them to a high-security
: depository newly built at the city's airport, in a move that won praise from
: local traders Thursday.
: The facility, industry professionals said, would support Hong Kong's
: emergence as a Swiss-style trading hub for bullion and would lessen London's
: status as a key settlement-and-storage center.
: "Having a central government-sponsored vault would create a s
|
s********n
发帖数: 1962 | 3 By the way, since gold has been consolidating for 6 months, this event
should have triggered a break out. Based on the length and strength of
the event, I think it's time to buy gold.
【在 s********n 的大作中提到】
: This is a milestone. It explains the sudden run up in gold price.
:
: from
: 's
: where
: be
|
s**********n
发帖数: 868 | 4 You mean holding for long term or just short term speculation?
Gold is very hard to understand...
【在 s********n 的大作中提到】
: By the way, since gold has been consolidating for 6 months, this event
: should have triggered a break out. Based on the length and strength of
: the event, I think it's time to buy gold.
|
f****t
发帖数: 1063 | 5 isn't it too late to jump in?
usually when people like me see the news, it is too late
【在 s********n 的大作中提到】
: By the way, since gold has been consolidating for 6 months, this event
: should have triggered a break out. Based on the length and strength of
: the event, I think it's time to buy gold.
|
s********n
发帖数: 1962 | 6 A milestone means it affects at least mid-term trend. If it's a mid-term
trend, 2 or 3 days is not too late.
However, I could be wrong. :)
【在 f****t 的大作中提到】
: isn't it too late to jump in?
: usually when people like me see the news, it is too late
|
s********n
发帖数: 1962 | 7 I think it starts at least a mid-term trend. But we'll have to walk and see.
【在 s**********n 的大作中提到】
: You mean holding for long term or just short term speculation?
: Gold is very hard to understand...
|
h****h
发帖数: 1168 | 8 this implies a crash on $usd,
which should normally rally when market is down.
see.
【在 s********n 的大作中提到】
: I think it starts at least a mid-term trend. But we'll have to walk and see.
|
f****t
发帖数: 1063 | 9 thanks.
mid-term, in your dictionary, means six months, one year, or?
【在 s********n 的大作中提到】
: A milestone means it affects at least mid-term trend. If it's a mid-term
: trend, 2 or 3 days is not too late.
: However, I could be wrong. :)
|
a**e
发帖数: 5794 | 10
tomorrow
【在 f****t 的大作中提到】
: thanks.
: mid-term, in your dictionary, means six months, one year, or?
|
|
|
s********n
发帖数: 1962 | 11 usually at least a few months.
【在 f****t 的大作中提到】
: thanks.
: mid-term, in your dictionary, means six months, one year, or?
|
o*****c
发帖数: 241 | 12 typical after-event reason searching....hehehe
report said HK only has $63 million physical gold. is it true?
【在 s********n 的大作中提到】
: This is a milestone. It explains the sudden run up in gold price.
:
: from
: 's
: where
: be
|
s********n
发帖数: 1962 | 13 well, I know it's a small number. Hongkong has only about 2.1 tons
gold reserve as far as I know, but it has built a vault with a
capability much higher than its own reserve ...
After-event reason searching is very important, as long as what you
find is the real reason ... we small fishes never know important
news before hand anyway..
【在 o*****c 的大作中提到】
: typical after-event reason searching....hehehe
: report said HK only has $63 million physical gold. is it true?
|
p********t
发帖数: 1219 | 14 Gold price has sustained so much pressure to increase for years, still
refusing to breakthrough $1000 margin.
As you pointed out, the breakthrough will be at least mid-term. So it may be
worth waiting to see if it is real.
【在 s********n 的大作中提到】
: well, I know it's a small number. Hongkong has only about 2.1 tons
: gold reserve as far as I know, but it has built a vault with a
: capability much higher than its own reserve ...
: After-event reason searching is very important, as long as what you
: find is the real reason ... we small fishes never know important
: news before hand anyway..
|
f****t
发帖数: 1063 | 15 just HK's action, or mainland is behind it?
from
's
where
be
【在 s********n 的大作中提到】
: HONG KONG (MarketWatch) -- Hong Kong is pulling all its physical gold
: holdings from depositories in London, transferring them to a high-security
: depository newly built at the city's airport, in a move that won praise from
: local traders Thursday.
: The facility, industry professionals said, would support Hong Kong's
: emergence as a Swiss-style trading hub for bullion and would lessen London's
: status as a key settlement-and-storage center.
: "Having a central government-sponsored vault would create a s
|
d****n
发帖数: 278 | 16 I think that storage can and probably will take much more than the 2 tons of
gold, which is maybe just the size of a small desk.
【在 f****t 的大作中提到】
: just HK's action, or mainland is behind it?
:
: from
: 's
: where
: be
|
h*******y
发帖数: 864 | 17 Maybe this can also explain it?
http://seekingalpha.com/article/159962-china-urges-citizens-to-buy-gold-and-silver
http://www.dailymarkets.com/contributor/2009/08/20/china-is-about-to-buy-a-lot-more-silver/
That could also explain the rise of the silver in the recent days. The
Chinese government wants to diversify
into the gold and silver with their foreign reserve?
from
's
where
be
【在 s********n 的大作中提到】
: HONG KONG (MarketWatch) -- Hong Kong is pulling all its physical gold
: holdings from depositories in London, transferring them to a high-security
: depository newly built at the city's airport, in a move that won praise from
: local traders Thursday.
: The facility, industry professionals said, would support Hong Kong's
: emergence as a Swiss-style trading hub for bullion and would lessen London's
: status as a key settlement-and-storage center.
: "Having a central government-sponsored vault would create a s
|
