calm before the...

[Fluttershy]

this applies to Gold too.

 

There`s been some decent lows recently and I`v not really recouped from winter payments yet, so I`m wodering if it`s worth leveraging metals now in case things get worse (and they`re not looking Great right now!).

Or...  is it worth waiing?

 

I`m getting mixed signals here, but is it large fluctuations of the norm, or is there a storm brewing????

 

My Personal algorythms say that £6 XAG is the norm,  but stuff`s going a bit strage lately.

 

I invite your thoughts

 

 

 

 

 

[shemyaza]

Shibor interbank controlled physical commodity purchasing through Shanghai is the top of the stream where everything starts from.

Gold, Silver, Oil, Copper, Zinc....

Oil is the one I'm watching now as China has by far the largest stockpile of crude oil in the world not far off half a billion barrels of oil (445m), this paper market is the hardest one to work out.

[Pipers]

Sorry shemyaza but I don't understand what you are saying.

[SilverPirate]

I think basically it means when crude oil moves other commodities are all interlinked and move with it including metals.China has been stock piling commodities for years, it realizes there is only so much of this in the world and has a very large increasing population that needs an ever increasing supply of commodities.As there economy is in a low gear market figures are lower just look at copper and steel prices at the moment.When there economy push's forward again in the years to come all this will rise. 

[ChrisSilver]

Topic moves to 'general precious metals' as your topic is related to both gold and silver at the same time. Thanks .