Rotation, ROTATION!

Rotation, ROTATION!

Gold and BTC divergence. It’s a hot topic these days. Since the major institutionals found their way to BTC, gold has definitely lost some of its shine. Positioning, less safe haven needs, the next US stimulus round having to wait a bit to see th elight of day ,...
Rotation, ROTATION!

Turkish Gold demand smooths the decline

After the Russian demand, EM countries enter the arena Turkish gold demand has risen 34% compared to last year’s 1st quarter. It’s not such a big fish in the global market but with other EM currencies suffering from the latest USD rise( ARS another one in...
Who’s been buying all that Gold?

Who’s been buying all that Gold?

Central Banks have for sure… Since 2009-10, the build up has been constant and the geo-political risks have only accelerated the move. Nikkei has a good roundup of who’s having what. 1296-1307 is a topside range the market is looking at for further clues,...

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