2015年2月20日星期五

Shortage Of 11 Million Ounces Of Silver

Silver Is Bottoming Out

On November 6 of last year the silver price ended up at $15.46, a level that we would have never imagined around $50 at the end of April 2011. It is too soon to call this the ultimate bottom but, if you look at the chart below, the odds are high it is.
The silver price is bottoming out strongly, which would mean that we are at the dawn of a new secular bull market in silver. At the start of November the silver price hit an intraday low of $14.66 after which the price rose around the end of January to $17.61 or 20.5% in 10 weeks’ time.
This is the power of the price of silver when the trend turns. The correction of the end of January is only normal after such a strong short-term increase. The move is strengthened by high volume while the correction happend on low volume.

Physical Silver Supports The Technical Silver Price

physical silver
The technical increase of the silver price goes hand in had with a fundamental rise in demand for silver. India imported 7,063 ton of silver in 2014, an increase of 15% compared to 2013. In 2014 the US Mint also broke a record in Silver Eagles sales, good for 44 million ounces. (P.S. January sales in 2015 were also higher than the year before)

Physical Silver Is Becoming Scarce In China

Finally we see a declining amount of silver on offer on the Shanghai Futures Exchange which underlines that the demand for silver is greater than the supply. In 2014 supply dropped by 70 %. The British bank HSBC predicts that the physical silver market is evolving from a surplus of 3 million ounces in 2014 to a shortage of 11 million ounces in 2015.


俄中油气协议或放弃美元结算

7300億美元的中俄天然氣超級大單的結算貨幣是什麼?答案是:什麼貨幣都行,就是不收美元!中俄要動石油美元結算的蛋糕,就要準備一場空前惡鬥。俄氣與中石油供氣協議計劃放棄使用美元結算


2015-02-15 10:35 环球网

  俄气与中石油供气协议计划放弃使用美元结算
  【环球网综合报道】据俄罗斯“Pronedra”新闻网2月14日消息,俄罗斯天然气工业股份公司与中国石油天然气集团有限公司的天然气供应协议生效,双方计划用除美元外的其他货币进行结算。
  据报道,俄气与中石油签订的向中国供应天然气的协议已经生效。俄气董事会副主席安德烈•克鲁格洛夫称,协议条款允许使用其他货币进行结算,双方也正计划用其他货币代替美元结算。
  此外,双方正在就中俄西线天然气项目进行谈判。