It is a human problem - if a neighbor is, I also need it if a neighbor impact is doing, I also ...

Daily reading the news about the "new gold records in" naudaslietas.lv interviewed a number of experts to determine whether the "price records" has its limits and is not expected to fall any harder. Naudaslietas.lv to questions about the gold bubble and the financial stability of the AS replied "Goldinvest Asset Management" Chairman Peter Avotiņš.
Sun Avotiņš: Gold prices are formed on the supply / demand basis. Unfortunately, this balance is not always adequate. On the one hand, gold is considered to be the salvation of financial instability and purchased by investors, hedge funds, central banks. In particular, recent impact central bank interest in the acquisition of gold is visible, and if it does, countries such as China, Russia, India, with a total share in the world economy are significant, they are not only removed from the sales of gold, making it less available for stocks, but also stimulate price increases. impact On the other hand, the largest volume impact of transactions in the gold formed by futures exchanges and various derivatives. These transactions are the largest in terms of volume, they also determine the price trend in the short term, but they have nothing to do with the real sector of the market. Rather, we can say that formed a crisis of confidence bubble leading national currencies.
Sun Avotiņš: Technically, the gold price formation different from the others. But gold has a dual nature-it is both the gold and money. Therefore, the formation of prices for gold include both. This means that currently the demand for gold as a financial asset, but the occurrence of economic stabilization, gold - as the goods will demand its price support.
Sun Avotiņš: If you take the gold as money, then the price of gold is not a bubble and no, but just the exchange rate. Nobody talks about USD "bubble" or EUR price "bubble" when the pair USD / EUR ratio varies in one direction or the other. Therefore, the price of gold shows only relative to other currencies, and it can be understood only as an indicator of the market value at any given time.
Sun Avotiņš: As soon as the global economic situation stabilizes, there will be no currency risk, interest rates will rise, will be resolved by the national budget and debt problems, there will be prerequisites for economic growth. impact At this point, investment in gold as a financial impact asset will not be as sought after as gold is not a means of profit-it's just a savings and protection product. Since money to earn money, believed to be a large part of the investment of gold will flow in real sector of the economy. Then gold as money function decline and rise of gold and goods function.
Sun Avotiņš: In the next year, year and a half at the time it is unlikely that anything will change drastically. All the fundamental factors that led to gold prices, gold prices will continue to be based. I am more concerned about the likelihood of a new crisis and potential currency like the U.S. dollar or the euro collapse. Given the situation that is developing around these currencies, it is clear that the current state of its exist long way. But it is also a solution to the continuation of these currencies. If the worst happen and the euro zone will collapse if the U.S. dollar "fall", then the price of gold simply "explode". In this case, no one will speak about the gold "bubble", but just the fact that gold is so little, that will not be enough for anyone impact who wants to buy it.
gold bubble is ready pliisanai, Kaa the paraada in recent weeks svarstiibas .. As soon as LAUDIS cover the economy and corporations make 2 different things taa gold will go down daudzgadiigaa Laacis tirguu answer
It is a human problem - if a neighbor is, I also need it if a neighbor impact is doing, I also ... if one rich American says that all the gold makes the pitch, doing and all the other little people, small world. Recently all recently invested in real ... every Latvian X5 and had to travel around the world, as Tao did the same neighborhood. Let's impact open the eyepiece and sit down and think it over, what's the point today to invest impact in the costly gold and whether it is profitable to little? It will take a Laiciņš attapsies and little people - a forefoot impact me that gold and want to get rid of the question at what price, and whether someone will need to answer ...
Everything that grows and grows turned him. The pitch comes roaring. As said by my old partner in early life, then cook until hot pitch to be Gelais kruķīt. I do not know if today's youth a little longer impact understand the language. reply
On today's drop in global stock markets. Today starting impact to come in August data. Rebounds stock markets on July data. August data for all forecasts impact in the industrial production in the EU and the U.S. have declined. Today, the euro zone and British data confirmed. If the certificate is in the U.S. data, the further we can provide at this moment the German index has fallen below about -2.00%. impact If the U.S. data will be provided for the reduction of industrial impact production impact (the first in the last two years), and then maybe continue rebounds. In the euro zone and British manufacturing data was the worst in the last two years. If the index exceeds 50, the Mfr