Silver futures have accelerated lower since losing $18...
シルバー先物は＄１８を下回ってから下落を加速している・・・。
And Gold futures plunge back below $1500...
そしてゴールド先物は＄１５００を下回っている・・・・
Gold is notably outperforming Silver...
ゴールドは顕著にシルバーを上回る・・・。
Source: Bloomberg
One glance at the last few years and the gold price action should not be a huge surprise...
ここ数年の値動きを見るとゴールド動向はそう驚くことではない・・・。
Source: Bloomberg
As of today, China will be on vacation for
its Golden Week National Holiday and this weakness appears to be traders
front-running the traditional chaos that the rest of the world plays
when China leaves the playing field.
China will be back in business on
October 9th, and that means the Shanghai Gold Exchange, which opened in
2015 to counter Western manipulation of precious metals, will likely
help re-balance prices to where they were before this recent takedown. １０月９日には中国の業務ももとに戻る、そして上海黄金交易所も再開する、この市場は２０１５年に始まり西洋の貴金属価格操作に対抗してきた、ここが再開すると国慶節前の価格を取り戻すだろう。
We could be wrong, but something tells us gold and silver prices won’t stay this low for much longer and that they could well see a complete turnaround when China reopens on October 9th.
最後の二段落だけ訳しておきます。 Stock Euphoria Stunts Gold Adam Hamilton April 19, 2019 3257 Words The great euphoria emanating from these near-record-high stock markets is breathtaking. Traders are again convinced stocks do nothing but rally indefinitely. That everything-is-awesome mindset has stunted gold’s latest upleg, since there’s no perceived need for prudently diversifying stock-heavy portfolios. But that psychology can change fast, as we saw a half-year ago. Gold investment roars back as stocks roll over. The word “euphoria” is widely misunderstood, often confused with “mania”. The latter is when stocks rocket vertically in blowoff tops, and is defined as “an excessively intense enthusiasm, interest, or desire”. The US stock markets certainly aren’t in a mania. At its latest high last Friday, the flagship US S&P 500 broad-market s...
The Message From The Jobs Report – The Economy Is Slowing Written by Lance Roberts | Apr, 8, 2019 Last week, the Bureau of Labor Statistics (BLS) published the March monthly “employment report” which showed an increase in employment of 196,000 jobs. As Mike Shedlock noted on Friday: 先週、BLSが３月の月例「雇用統計」を発表した、雇用が１９６，０００増えたという。Mike Shedlockは金曜にこう書いた： “The change in total non-farm payroll employment for January was revised up from +311,000 to +312,000, and the change for February was revised up from +20,000 to +33,000. With these revisions, employment gains in January and February combined were 14,000 more than previously reported. After revisions, job gains have averaged 180,000 per month over the last 3 months. 「１月全非農業雇用は＋３１１，０００から＋３１２，０００に改定された、２月のデータは＋２０，０００から＋３３，０００に改定された。これらの改定で１月と２月を合算した雇用増は以前の報告よりも１４，０００多くなった。改定後でみると、雇用増は直近三ヶ月で平均１８０，０００／月となる。 BLS Jobs Statistics at a Glance BLS 雇用統計概観 Nonfarm Payroll : +196,000 – Establishment Survey Emp...
And Gold futures plunge back below $1500...
