Investment in Gold
Gold is an asset in the fashion and find a perfect gas bad news in the global macro to liquidate their highs above $ 1,250. Everyone wants to get a portfolio of precious metals. Therefore, analysts wonder how far can you provide increases. And although they are divided, some already talking about a big correction.
The truth is that gold has risen without interruption since the beginning of the year and keep the trend perfectly. Supported by the growing risk aversion, any bad news for the economy is strong support for the metal. So, in January, when Obama proposed benefits more closely regulate the banking system and borkers activity, for example. And of course, has been a real beneficiary of all aspects of the debt crisis unleashed by the Greeks.
Like the perfect storm is brewing in the macro world, shining gold. It is impossible to rule out that this no longer happens in the future. But according to a recent report notes the Royal Bank of Scotland analyst Nick Moore, standardization in the macro environment in the coming weeks may result in overall reduction in cash flow that comes in gold.
To support this argument, the Scottish bank experts indicate that demand for gold in the physical market will provide little support for prices in the summer, one month in which the weakness in demand for jewelry is very unique. So, when the momentum fades caused by investors’ risk aversion, “the gold can become very vulnerable to a sharp correction in prices.”
Contrary view holds Marion Mueller, director of Oroyfinanzas.com. And is that in his view, gold has entered a different dynamic from the very moment that the demand for investment reasons. So do not be likely that the coming summer break the rising trend in gold as an asset of heaven.
In addition, warning that this precious metal began to play a role not only safe investment. “So far, investors must be signed and some institutions, but still to reach the mass market,” Mueller sentence, pointing to the largest banks in Germany or Switzerland in their offices have a large number of requests to invest in gold.
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