In this report I give a detailed explanation of the Japanese yen carry trade and its relationship to gold and the precious metals. I also look at the early market action from London on Wednesday July 12th, 2017.
Saxobank are saying ETF demand for Gold is rising yet Hedge funds are still selling. Overall they don't seem to be clear on any signal but Yellen is releasing some guideance @ 12:30pm GMT wed so if its hawkish, it may be negative for gold.
Thanks for that.. a very good explanation
Thanks for the video it is very informative.
@queenpine You are welcome.
Good video. Upvoted. Resteemed.
@joeyarnoldvn Thanks for upvote and resteem.
Like your vedio. Thank u for shearing
Thanks. You are welcome.
Saxobank are saying ETF demand for Gold is rising yet Hedge funds are still selling. Overall they don't seem to be clear on any signal but Yellen is releasing some guideance @ 12:30pm GMT wed so if its hawkish, it may be negative for gold.
@maneco64 you explained this very well, thanks for sharing! 👍
What a joke today's gold and silver action has been. On the heels of an unexpected yellen statement, gold can't even squeeze out more than $3 up!
As long as they are trading paper gold where 400oz paper equals 1 oz physical look forward to the manipulation. :(
thanks