Fuente: Adam Hamilton safehaven.com
The typical sharp selloff gold suffers in early June as summer seduces investors away leads to gold'smost-important seasonal bottoming of the calendar year. On average gold bottoms on the tenth trading day of June, which happens to be the very day this essay was published. This marks the absolute single best time of the year in pure seasonality terms to aggressively invest in gold, silver, and their miners' stocks!
Gold's second-strongest seasonal rally of the year starts marching higher from this summer-doldrums sentiment wasteland. On average between 2001 and 2012 before the Fed's extreme market distortions, gold powered 7.5% higher between mid-June and early October. The factors that drive the strong surge in gold demand in August and September are well-known. They center around Asia's ancient love affair with gold.
Gold starts climbing in late June and July because smart Western investors are front-running the usual big surges coming in Asian demand. With India and China in the northern hemisphere, their farmers share the same growing and harvest seasons we have in the States. And after an entire year's hard work and heavy investment, harvests are reaped. Asian farmers finally know how much surplus income they earned.
Artículo completo:
www.safehaven.com/article/37953/gold-seasonals-bottoming
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