SPX日线图看起来像个弧形顶，能量渐失。

revolver

日元上涨，黄金攀高。这都是大市资金避险的征兆。

slcgh

多吉

日元上涨，黄金攀高。这都是大市资金避险的征兆。
revolver 发表于 2009-4-24 11:02

早上刚看了条新闻：


China's gold reserves jump, making nation No. 5 holder


China has boosted its gold reserves to 1,054 metric tons, according to a Friday report by Xinhua News Agency, which cited Hu Xiaolian, head of the State Administration of Foreign Exchange.

The increase makes China the world's fifth-largest holder of gold, just ahead of Switzerland, and among the six nations plus the International Monetary Fund that have reserves of more than 1,000 metric tons.

Hu said that China's gold reserves had risen by 454 metric tons since 2003 and that the total was being reported to the IMF per the organization's rules.

The comments are China's first public acknowledgement in more than five years that its gold reserves had increased.

The new figure is 76% higher than the 600 metric tons reported at the end of March, a level that had been unchanged since December 2002.

Although Hu did not elaborate on where China had sourced the additional bullion, her comments were interpreted as meaning they came from domestic sources and may included refining of scrap metal.

Wire reports from the region suggested some of the bullion could have come from refining existing holdings that were not of sufficient quality to be counted among official reserves.
Analysts said China's bullion buying reflects efforts to diversify its nearly $2 trillion stockpile of foreign-exchange reserves.

"Chinese officials have been increasingly vocal about their concern on the U.S. dollar and the U.S. bailout policies of late, and have actively been seeking to diversify into other assets, especially commodities," said Martin Hennecke, an associate director with Tyche Group in Hong Kong.

Traders in Hong Kong said the some of the additional reserves were likely acquired on the Shanghai gold market during January and February. The physical market remained well-bid by an unknown buyer despite bullion prices spiking to levels that normally cooled demand, they said.

Purchases were made in Shanghai, traders said, in an effort to absorb domestic production and lessen the impact of bullion prices on global markets.

"The public nature of today's disclosure casts doubt on whether China is aiming to buy gold on the international market," J.P. Morgan analysts wrote in a note e-mailed to reporters late Friday
Traders also say the gold was accumulated systematically over a number of years.

Last year China ranked as the world's largest gold producer with 12.2% of world output, equivalent to 288 metric tons. The U.S. ranked second with a 9.9% share, or 234 metric tons.
Spot gold recently was up $3.40 at $910 an ounce.

In a separate release Friday, China reported its foreign-exchange reserves totaled $1.954 trillion at the end of March, up from $1.946 trillion at the end of December.

Among other data out Friday, the State Administration of Foreign Exchange said the nation's current-account surplus jumped to $426.1 billion in 2008, up from $371.8 billion in the prior year.

The gains were underpinned by surpluses from the first half of the year as the financial and capital accounts both swung to deficits in the second half, the regulator said.

dara

It is hard to believe market could go above 880.

revolver

3# 多吉

中国购买实物资产的战略年初就全面展开了。

farshine

多吉

3# 多吉

中国购买实物资产的战略年初就全面展开了。
revolver 发表于 2009-4-24 11:20

盛世藏古董，乱世买黄金。

国内的地下黑户刘军洛，
从02年就开始呼吁国家大买黄金、资源，减持外国国债，不停地写文章阐述观点。
可惜人微言轻，他只好自己炒股，与老婆养鸡养猫为生，母亲还被仇人打瞎了眼睛。。。

不过，中国政府从去年以来亡羊补牢，其未为晚矣。。。

bendzhao

7# 多吉

我拷打蝌蚪你啥都知道啊

OrangeTea

人微言轻也就罢了，何以至于去养鸡养猫为生。。。

revolver

7# 多吉

刘军洛是个有想法的人，是个野路子经济学家。他得出黄金价值的结论是正确的，但逻辑比较粗糙。

trender

看金融板块.

xiaobailong

这个置顶是因为后面关于中国黄金储备的消息和讨论哈。

xiaobailong

左轮是胡同里关于黄金方面的专家，呵呵。

现在又增加了一个多吉。

qiangge

rnhoo

为什么选择在这个时候公布？

coexist

对美国影响多大呢？
会减持美国国债？

老船

Thanks!

Bigmouth

Lynxx

China Secretly Stockpiling Gold Since 2003!!
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APRIL 24, 2009 – COMMENTS (24)
This is a monumental development within the gold market, as it makes public something I've known to be true. Those like me who've been watching gold carefully for years noted the seamless way in which central bank gold sales were absorbed into the market with only mild impacts upon price, and surmised that a nation with substantial foreign reserves was converting chunks into gold to reduce exposure to USD assets.

This article proves that my assumption was correct, it further documents China's distates for the present fiat currency reserve system based on the USD, and it should finally silence each and every person out there who dismises gold as either a speculative commodity or a forgotten relic. It is neither... gold is money. Just ask China.

http://www.financialpost.com/news-sectors/story.html?id=1530063

China admits to building up stockpile of gold

SHANGHAI/BEIJING - China revealed on Friday that it had secretly raised its gold reserves by three-quarters since 2003, increasing its holdings to 1,054 tonnes - or a pot worth about US$30.9-billion - and confirming years of speculation it had been buying.

Hu Xiaolian, head of the State Administration of Foreign Exchange, told Xinhua news agency in an interview that the country's reserves had risen by 454 tonnes from 600 tonnes since 2003, when China last adjusted its state gold reserves figure.

The confirmation of its surreptitious stockpiling is likely to fuel market talk about Beijing's ability to buy secretly and its ambitions for spending its nearly US$2-trillion pile of savings. And not just in gold: copper and other metals markets are booming thanks to China's barely-visible hand.

Speculation has gathered speed over the last year, since the tumbling dollar has threatened to weaken China's buying power - and give it yet more reason to diversify into gold, oil and metals.

Gold prices jumped on the news of Chinese buying and were up more than 1% on the day at US$912.05 an ounce at 0715 GMT. By a Reuters calculation, China's holding of gold would be worth around US$30.9-billion at current prices.

That accounts for only about 1.6% of China's total foreign exchange holdings and is little more than one-tenth of the value of the U.S. gold reserve, the world's biggest. It also means gold has slipped as a share of China's total reserves from about 2%, based on end-2003 prices.

Only six countries hold more than 1,000 tonnes, and China is ranked fifth, having leap-frogged Switzerland, Japan and the Netherlands with its announcement.

However, the International Monetary Fund and the SPDR Gold Trust exchange traded fund are even bigger, leaving China with the world's seventh-biggest pot of gold.

Several gold market participants said they thought China had bought on the international market, helping to absorb hundreds of tonnes sold off by central banks and the International Monetary Fund in recent years.

"China has been buying via government channels from South Africa, Russia and South America," said Ellison Chu, director of precious metals at Standard Bank in Hong Kong.

But Hu said the increase in China's stocks was achieved by buying on the domestic market and from domestic producers.

China is the world's largest gold producer and does not permit exports of gold ingots, only jewellery, leaving plentiful supplies for the domestic market.

China produced 282 tonnes of gold last year, meaning the state bought around one quarter of domestic production, assuming 454 tonnes increase in state purchases were spread out over the six years since China last reported a change in its holdings.

Despite the rumours, buying by the state was partially obscured by soaring demand for gold as an investment, especially after the bursting of the Shanghai stock market bubble last year.

Investment demand in China rose to 68.9 tonnes from 25.6 tonnes in 2007. But that was still less than one third of retail demand in India, where total bullion consumption topped 660 tonnes last year.

Hu said China recently reported the change in its gold holdings to the International Monetary Fund and would include the latest change in central bank reports and balance of payment statistics.

She did not say when China notified the IMF.

Although gold rose after Hu's comments were published, the price move was not a huge one for the highly liquid market. Prices had jumped by US$13 in the space of an hour on Thursday.

Gold market participants said the news signalled likely further buying by China.

"The comments indicate that China will buy more gold as reserve to improve its foreign reserve portfolio. This is a trend," said Yao Haiqiao, president of Longgold Asset Management.

Hou Huimin, vice general secretary of the China Gold Association, said China should build its reserves to 5,000 tonnes.

"It's not a matter of a few hundred, or 1,000 tonnes. China should hold more because of its new international status, and because of the financial crisis," he said.

"The financial crisis means the U.S. dollar value is changing fast, and it may retreat from being the international reserve currency. If that happens, whoever holds gold will be at an advantage."

The European Central Bank recommends its member banks hold 15% of their reserves in gold, but among Asian nations the percentage is far smaller, said Albert Cheng, World Gold Council managing director for the far east.

lwjnbtx

看样子黄金价格还有一升!