![\"brexit-eu\"](\"http:\/\/terkini.hargaemas.com.my\/wp-content\/uploads\/2016\/06\/brexit-eu.jpg\")
<\/a><\/p>\nMiningfeeds update by Stewart Thompson<\/p>\n
1. A \u201cLeave\u201d vote is even more positive for the gold price, and if it\u2019s followed by a rate hike from Janet Yellen in July, global stock markets could begin a horrific down cycle.<\/p>\n
2. Gold is very sensitive to the price action of the US dollar against the Japanese Yen.<\/p>\n
3. Japan is the world\u2019s largest creditor nation, and America is the world\u2019s largest debtor nation. The Brexit turmoil is causing Japanese citizens and institutions to repatriate money from abroad. That puts heavy downwards pressure on the US dollar.<\/p>\n
4. When the world\u2019s largest creditor class goes into \u201crisk-off\u201d mode, powerful institutional money managers buy gold aggressively.<\/p>\n
5. During the \u201cQE heydays\u201d of 2009 \u2013 2011, highly levered hedge funds were aggressive SPDR fund buyers. Sadly, that leverage meant they couldn\u2019t hold their positions when the price dipped.<\/p>\n
6. Now, a lot of unleveraged private banks and value-oriented institutions are the buyers. They won\u2019t be shaken from their positions, and they are buying gold consistently.<\/p>\n
7. A rate hike that follows Brexit turmoil could put the Dow into crash mode, and send gold straight towards $1400.<\/p>\n
8. Gold has an solid floor of bullish fundamentals underneath it now. That means the downside is very limited, but it\u2019s difficult for Western money managers to overwhelm supply when India is in quiet mode, as it is now.<\/p>\n
9. So, it\u2019s important that gold market investors exhibit patience. Gold has really been trading sideways from mid-February, in a loose rectangular price pattern. Chinese New Year buying ended in February, and India is still one to two months away from serious Diwali-related dealer buying.<\/p>\n
10. The bottom line is that as Asian physical demand strengthens, Western money manager buying will push total global demand above total supply, and the next major leg higher for gold will be underway!<\/p>\n
11. I beg to differ. If gold can make it to the $1400 area, the profits made by gold companies can increase dramatically, and that would unleash a fresh round of powerful institutional buying. Gold stocks should not only continue to lead bullion in the second half of 2016, but they appear poised to increase that outperformance!<\/p>\n
Harga emas naik hampir +RM14\/gram dalam tempoh masa 2 bulan terakhir, kali terakhir harga emas mencecah indeks yang hampir ketika ini adalah ketika cuti raya cina lalu pada akhir februari 2016 ( indeks 6400) tetapi cuma dapat bertahan kurang dari 2 hari sebelum menjunam jatuh \u00a0minggu kemudiannya kepada indeks 5700++ (jatuh sebanyak -RM18\/gm dalam masa 2 minggu), jika keputusan brexit adalah kekal dalam kesatuan EU, kemungkinan sekali lagi harga emas akan menjunam seperti yang selalu terjadi sebelum ini.<\/p>\n Inginkan update harga emas terus ke telefon anda? isikan ruang dibawah atau install apps telegram dan klik disini www.telegram.me\/hrgms<\/a><\/p>\n Semua jenis emas, surat arrahnu, pajak gadai, emas lebur, tradein emas, emas untuk tunai<\/a><\/p>\n
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