Chinese Inflation Gold
Published on Rabu, 06 Maret 2013
12.40 //
Forex Article,
Forex News,
gold
Chinese Inflation Pounds Gold, Silver; New Lows Seen Gold and silver prices gave back nearly all of their prior day's rally and the dollar and yen slid further Friday after China reported inflation accelerated in December. Rising inflation reduces the certainty of more economic stimulus, which traders see as a catalyst for driving precious metals prices higher. Spot gold prices lopped off 0.88% intraday to $1,661 an ounce, giving back the prior .
We still remember China actions in 2011,
They Kept Bought Gold and the price moved highest and highest and after stay at the peak price they sold it nice and tricky Hedge and Fund Economy Political :D and say to the world " We are in low conditions now".
People getting Rush to buy Gold and some other still Hold it then suddenly China sell it :D great F***in Job.
Of course GBP/AUD getting Lowest, And AUD/USD keep moved forward, till they said like that.
Make AUD/USD getting lower and lowest and GBP/AUD higher and more higher :D for next 2 years






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