International Monetary Fund
Friday, 27. June 2014
Precious metals trading Frings from Aachen informed reached the gold price over the past year continually new highs. The gold expert of Guido Frings from the Aachen-based precious metals trading of Frings provides a view on the price of gold in 2011. Currently, the United States and several Nations of the European Union of a problematic high public debt and a declining confidence in their creditworthiness are plagued. Fears of currency inflation that they compensate for with a capital transfer in the traditional bullion gold/crisis arising from this situation on the part of many investors. This system behavior has a positive impact on the development of prices of the precious metal. Another positive development indicator comes from the Middle Kingdom. Only recently has become known, that the Chinese Government strengthened the foreign exchange reserves of the country increasingly by gold and reduced so the dependence of the market valuation of the U.S.
dollar, from about mostly holds two trillion in American Treasury bills of. Is China a, other Nations comparable, ten per cent share of physical gold to its foreign currency reserves, it would have to increase his well-known stocks to about 6500 tonnes and more than six times. This plan should strengthen the world market demand for gold in the longer term. Not only the State foreign exchange reserve will benefit from the successful China’s economy. Countless Chinese private investors access to more prosperity and investing increasingly in gold, tend to further increasing the price. The gold price development is always an image of global aggregate demand and production. In this context, although negative factors can be expected for the coming year.
The global economy slowly recovers from the effects of the last great economic crisis and investors achieve again higher returns with investments. If they take this as an opportunity to convert their gold investments in interest-bearing investments, page are from this expected decline in demand and Umgang. In many State budgets have been through the economic Crisis torn big holes. The currently very good Gold rating makes it attractive selling State gold reserves of budgetary consolidation and debt reduction. In fact, there are rumors that the International Monetary Fund, as well as various Nations gold sales on a larger scale plan. This world market supplies would rise with negative consequences for the development of the gold price. Overall show inconsistent factors in relation to the expected gold prices, which recommended selling willing owners of precious metals is to exploit the currently very attractive gold prices to a high gain. The Aachen-based precious metals trading of Frings is all interested parties as fair and trustworthy partner for the valuation and sale of gold available.