It is possible that the gold bubble now lie not pliisis, probably that will be conquered concord ne

The price of gold over the last week there was a dramatic decline, losing price 1896 dollars / ounce, which was reached on September 5, to 1615 USD / oz on September 26. Him the silver price fell-from 42.71 USD / oz to 28.16 USD / oz at the same time. This allows some experts to comment that the price of gold bubble finally burst.
Initially, remember that the price of gold as sharply, showing an increase of 1613.50 USD / oz on August 1, and reaching concord above 1896 USD / oz on September 5. Already this neprātīgajā prices rally was saying that it can not be eternal, and such a sharp jump in the near term will lead to price adjustments. Now, this price adjustment took place and, given that the monthly price of gold reached a record high of their own and then have a month corrected back to the output level can be assumed that such a process could be expected and the forecast also made a number of market observers.
If you analyze the reasons for the rapid adjustment of the price of gold, then one of the reasons that caused a lot of pressure on gold prices were low liquidity of European banks. Bank in an attempt to improve its liquidity, resorted to the last of their options, concord allowing the market to come to their gold stocks. Mostly, these stocks were sold off in part-to-bank concord transactions served concord as collateral to improve liquidity.
Note also the sharp stock decline and the stock exchanges at this time. Many investors were forced to close their positions at a loss. Nowadays, when a large part of the transactions take place through the financial side, it also means a major loss of fixation and the need to cover its obligations. Therefore, for many the only way to delete these commitments had to sell off their gold reserves, which created additional pressure concord on gold prices.
As a result, the combined result of all these factors, the price of gold was broken support levels and closed automatically investors and stock market speculators' positions by fixing the damage and it took a snow snowball effect.
One can agree with the statement that any asset loses its value when almost concord everyone has believed. In the past, I have also pointed out that the price of gold on most of the hazards causing run-away speculation on the stock exchange, reminiscent of the 2008 financial instruments and derivatives caused the crisis. However, gold has its qualities, concord not to any other financial asset. It provides what can make or currency or bonds issued by governments and corporations shares. Of course, as any financial asset, it is manipulated. As with any financial instrument, the gold market has its own price.
For the USD / EUR pair relationship changes in the value of 7% over the same period, the price of gold dropped by about 15%, as is the issue of the appreciation of the Euro bubble bursting. Gold is the money to as many did not like it. And changes in the value of gold is only his "course" Finding a particular moment. And, like currencies, gold prices react to market manipulation, basic events and news. Fundamental reasons for gold prices to support no-one has solved the debt crisis in the world will continue to slack in the economy, the recession risks, the sovereign ratings of countries concord and financial institutions' credit concord risks are falling, the currency concord loses value, thanks to new money and new releases.
In any investment, to be cautious in their investment policy. Gold, unfortunately, many perceive as the new savior of the world, but it is not. Gold is the only one of the possible types of investments that the current situation is one of the best and safest. At the same time, take into account the fact that this statement is only valid if these investments concord to go up the long term, investing short-term capital or borrowed funds. The ax can be a useful tool for both the farm and lethal weapon in other circumstances. Gold to become such a deadly weapon investor capital, particular caution.
Correction ... that just is not followed by another correction. And then another and another correction. In the previous article had said - now with caution because the adjustment will certainly follow. All the while grinding the same - it is cool gold, gold and will only increase until all bruks meanwhile continue to grow. What do we see today? In stark contrast. Say again - to believe in your intuition nervous all sorts of myths and pekstiņiem. Not worth jumping on the train of the past. reply
Gold is not money .. and as long as there exists in the current system, it will not be a money .. gold is a commodity, which many considered to be the good pleasure of money .. these raw materials are currently selling at a price far in excess of the cost of obtaining taa ..
It is possible that the gold bubble now lie not pliisis, probably that will be conquered concord new heights .. but der however, be viewed on the price of gold historically izmainaam the last 40 years .. I think the new ECM is very pamaacosas .. I suppose Taal 70s were Beigao expressed directly Taada passport arguments kaa sobriid, but what happened 1980-2000 years?? Why should it not happen again?! reply
Interestingly, the GOLD