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Sell Gold - How to Sell Gold
Financial crisis reinforces demand for gold
Precious metals gain - Stocks lose. This rough formula is valid since the turn of the millennium: Shares are available in this period, around one third in the red, while the dollar gold price since its low at $ 250 less than ten years has almost quadrupled - and now almost back to the mark of 1 000 dollars per ounce (31 grams) has arrived. In euros, the price has also multiplied.
Also in the financial crisis is gold, which by its reputation as a safe harbor benefits, many securities. It is mainly the concern prior to the return of high inflation, which some investors now pushing into selling gold. Many trillions of dollars, governments and central banks to fight crisis in the economic cycles pumped - and fears. Overall, investors bought around the globe in the first quarter of this year compared to the same quarter last year 250 percent more gold assets in the form of ingots, coins and gold funds.
Germany was even in the first quarter of the world's largest market for ingots and coins. Especially in the case of coins the situation, the mints are the influx of buyers on investment coins like the South African Kruger Rand or the American Gold Eagle has been so overwhelmed that they are consistent with the production and even fail to meet the investors waiting to take them.
Most investors start also rethink. So China reported four weeks ago that its gold reserves in recent years by three-quarters is increasing. The volume represents one fifth of annual mine production.
Despite growing investor demand, the price of gold has increased rather subdued because the central banks in recent years, stocks have sold. Moreover, decreasing the market for important jewelry demand in the face of rising prices. Gold optimists argue that most investors are still - despite the gold bull market - no precious metals possess. They expect stronger interest in further escalating crisis and growing inflation concerns.
Cereal prices shoot back up in the air
Following a strong price erosion over the entire year 2008, prices across the markets for agricultural commodities since the beginning of this year back in the air force shot. Especially in the grain markets since the beginning of the year - similar to the markets for metal and energy commodities - strong price increases from 30 to 40 per cent noted. For the turnaround in the agricultural market were, among others, adverse weather conditions and the resulting fear of poor harvests caused.
So is the price of wheat - the most important cereals - in the futures exchanges in Chicago from low at around $ 4.50 per bushel (35.239 liters, equivalent) to $ 6.20 in the amount of shooting. This is the highest level since early this year. However, for a bushel of wheat on the commodity futures exchanges, nor the beginning of 2008 a price of up to $ 13.34 have been paid. For the most recent price increase for wheat, corn, soybeans and rice are not as current estimates of the American Department of Agriculture (USDA) to be causal. The Ministry has for all cereals together for the 2009/2010 season, only a slight global supply surplus of around 30 million tonnes is forecast. This is about as tight cushion against bad harvests.
In the current season 2008/2009, a surplus of 76 million tonnes is expected. The experts of the Washington Department expect that the demand for corn, soybeans and wheat in the coming season will reach new records. Serves recalled cereals such as wheat, corn and soybeans not only as a raw material for the production of foodstuffs, but increasingly also as a base for the production of bioenergy. On the demand side, the continued high demand of the People's Republic of China. The Department of Commerce in Beijing had most recently said that the cereal import requirement for the foreseeable future will remain high. To the long-term rising grain demand to secure Beijing has access to agricultural land in Africa and Latin America secured.
The economic crisis and Gold Prices
The economic crisis does not affect the commodity prices of aluminum and zinc burglarize. This decline in the industry, the costs for the purchase of crude oil, gold, industrial metals and agricultural commodities. But the relief for businesses and consumers will only be of short duration. An overview of the current price trends and forecasts.
Iron ore falls from record high
After six years of incessant increase in the cost of iron ore to a preliminary end came. Yesterday agreed to the commodity group Rio Tinto and the Japanese operator Nippon Steel hut at a discount from an average of 37 percent. According to experts, the producers follow the example of the world's second largest steel group to follow.
However, China's steel industry is pressing for a greater relief to the price increases of recent years at least partly compensate them. Since 2003, the price of iron ore for more than six. Alone in the past year, commodity groups, BHP Billiton, Rio Tinto and Vale to double through.
From the perspective of the European steel association Eurofer, the price spiral in the coming years further back. "There were new capacity for the production of raw materials created, and also is the demand for steel has fallen," said association chief Gordon Moffat. In the coming year the steel companies would therefore again urge discounts.
Experts expect the long term with a renewed increase in costs for iron ore and other raw materials. "The crisis will end sometime yes, and then especially China and India, its strong growth to continue," said Commerzbank analyst Eugen Weinberg. Moreover, the development of new raw material deposits in some countries has been put on hold. The production will be relatively quick return to their limits, says Weinberg. "If one speaks of a general trend, the majority of commodities in the coming years, higher note than it is now."
From the perspective of the Goldman Sachs Commodity prices have already found their ground. In the case of copper is about a recovery. However, it is necessary to show how sustainable this is. Indeed, according to market participants has increased mainly in China stocks are bought on the market, in order for a future growth to be prepared.
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