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by Ashraf Laidi
Posted: Apr 15, 2013 14:23
Comments: 0
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This thread was started in response to the Media:

أشرف العايدي على قناة العربية -- 15 أبريل 2013

Gold selloff turns to a free fall on reports of margin calls hitting buyers at the Shanghai Gold Exchange. China's weaker than expected GDP figures coming in at 7.7% from 7.9% did not help metals either. Fears that nations other than Cyprus will resort to gold selling to bolster their finances are hurting the metal. Silver extends collapse to 23. Both gold and silver are seeing a Monday rebound, which many conclude to be bottom fishing by the central banks. To find out, which of the 2 metals faces more downside, take a look at our note on the Gold/Silver Ratio in the latest Premium note. New trades are issued on GOLD, SILVER and USDCAD with accompanying trading notes to lay out the rationale for these trades. http://ashraflaidi.com/premium