2012年7月30日星期一

2012奥運金牌.. 含金量只得 1.34%..其餘全是白銀


 This year’s 2,300 Summer Olympic medals are being guarded at the Tower of London until the Games begin on July 27. 

The 2012 gold medal is 92.5 percent silver and 1.34 percent gold, with the rest copper. 

The silver medal is 92.5 percent silver, with the remainder copper, and the bronze medal is 97 percent copper, 2.5 percent zinc and 0.5 percent tin.

 

 

倫敦奧運金牌歷史最貴 含金量卻僅為6克引爭議 

 

倫敦奧運會的金牌價值是歷史上最高的,這引起歐洲街頭巷尾的人們的激烈討論,但雖然倫敦奧運的金牌重量超過400克,不過其含金量僅為6克,佔總重量的1.5%,其余為93%的白銀和6%的銅,價值約為706美元。

    奧運金牌雖然名為金牌,但實際上「含金量」並不高,而且國際奧委會規定,金牌的銀含量不能低于總重量的92.5%,而且至少包括6克黃金, 倫敦奧運金牌的含金量只是剛好符合這個標準,根據目前的金銀市價,這使得倫敦奧運的金牌是至今為止唯一含銀部分價值超過黃金部分的金牌。
    另外,倫敦奧運金牌還是奧運會歷史上最大最重價值最高的「三最」金牌,在北京奧運,當時金牌的重量只有250克,而現在倫敦奧運的金牌重量 超過了400克,如果美國游泳名將菲爾普斯在倫敦奧運勇奪參賽7個項目的7枚金牌後,那麼他恐怕不會像北京奧運那樣,一次過掛上全部自己活得的金牌,因為 倫敦奧運7枚金牌的重量已經遠遠超過北京奧運的8枚金牌。
    倫敦奧運的金牌重量是前五屆奧運會的平均重量的兩倍多,甚至還是1912年斯德哥爾摩奧運會金牌重量的17倍。據《經濟學人》報道,按照現 在國際市場上的金屬價格,一枚金牌的價值為706美元。根據測算,倫敦奧運會金牌的價值將超過以前任何一屆,因為現在的金價、銀價都是歷史上最高的。
    在奧運會奪金後,很多運動員都有咬金牌的習慣,但在倫敦奧運奪金後,最好不要這樣做,因為這樣做可能會令金牌貶值,由于倫敦奧運金牌的鍍金成分只佔總重量的1.5%,咬下一點來就會讓金牌貶值。


2012年金牌..呢吋比以往的大

 

 

 

 

微妙的平衡被打破

石林
歐洲央行官員一連串的言論,提振了本處於夏季低迷氣氛的金融市場,上周先有該央行委員諾沃特尼表示贊成授予歐洲穩定機制(ESM)以銀行執照,後有該行總裁德拉吉表示「我們將不惜一切代價保存歐羅」。
歐 羅滙價聞聲從接近1.20的低位大幅反彈,觸發風險資金重新進入其他市場。其中金價從周內的低位1563元(美元.下同)回彈到1625.5元的四星期來 的高位,周末以1623.6元的偏高位收市,比前周顯升39.6元。而銀價亦從周內低位26.63元回彈到27.86元,周末收報27.79元,比前周回 升0.46元,惟其回升動力似遠遜於金市。 
簡單來說,金銀兩市在過去一段時間呈窄幅牛皮、市況低迷,是反映全球經濟放緩的收縮力與當局刺激政策的再膨脹力,這兩股力量處於一個微妙的平衡狀態。而上文歐洲央行官員的言論打破了這種平衡,故形成了上周的市勢。
聯儲局或按兵不動
估 計剛發生的打破原先呈微妙平衡的情況仍將會持續一段時間,至於當局的有關措施最終能否真正解決問題是稍後的事了。而打破微妙平衡後的市況進程速度,很大程 度取決於本周的事態發展,焦點在於美國聯儲局、歐洲央行和英倫銀行這三大央行的月度例會,市場注視其有否更多的刺激措施。
分析者一般認為歐洲央行會有所行動,例如向ESM發放銀行牌照的構想或予接納,或進一步購買債券,或再放鬆對抵押品的要求等等。而英倫銀行可能不會有大舉措,是分析者的大致預期。

至 於聯儲局是否會推出QE3,是眾多投資者最關心的事情,但分析意見一般認為本周公開市場委員會很可能按兵不動。敝欄傾向於這種估計,因觀乎上周除30年與 1年債息的比率輕微上升之外,10年與2年債息的比率以及30年與3個月債息的比率均在回跌,聯儲局似仍在進行O.T.,未見有轉為做QE的事前準備迹 象。
現討論金價伴隨歐羅同告彈升的問題。上周歐羅從接近2010年6月的低位水平上反彈,短期有再回升的餘地,但中長期歐羅是處於淡勢,估計到今年初的低點水平會遇到阻力。現斷言歐羅轉勢或金市就此大升似頗嫌過早。
內部動能似嫌未足
再看金市的內部動能,上周金價向上升破了上期敝欄提請關注的小型對稱三角形的上沿,成交增加,從這方面看金價是傾向進一步回升,動能加強。
但 從另一個角度去看,似有不大相稱的地方,首先是截至上周二COMEX期金市場的大投機者淨好倉量反縮減了1.59萬張合約;其次是截至上周四未平倉合約總 量,從上日的42.5萬張的最近偏高水平回降;最後是SPDR的持金量上周不增反減,上周末降至1248噸,僅為去年11月初時的水平。所以目前似不宜以 一面倒的眼光看待稍後金市的演變。
截 至現時為止,金市多次在1520元至1550元區域表現出強大的支持力。最近個半月則以1527元為低點,其後每一低位漸次向上推移,而高位則升越 1610元的中短期阻力線,表示稍後仍有再好轉的餘地,但離升越大型下降直角三角形上沿的1700元水平尚頗有距離。現估計金價低跌於1590元之下才再 轉弱,短期支持暫上移至1601元和1610元水平,而1633元至1641元地帶是上升目標,諒不易升越1671元。

銀 市的內部動能顯然相對不足,截至上周二,大投機者的淨好倉量也只得8159張合約。目前銀價雖略升越自今年4月初以來的下降軌,但現仍在28元之下。不 過,估計中短期銀價會偏好,除非再跌破26.63元,料短期支持暫上移至27元和27.3元,阻力分別在28.5元和29.1元,諒不易升越29.9元。 正如上文所說,金銀兩市中短期演變很大程度取決於本周事態發展。

2012倫敦奧運金牌一面值640美元

雖然金價已從去年的高點滑落,但這絕對不會減少倫敦奧運選手獲頒金牌那一刻的激動與興奮之情。

國際金價從去年創下的新高跌近15%,銀價跌幅更逼近40%,但相較之下仍居高點,因此本屆奧運金牌的「價值」在歷史紀錄上仍能排在前段班。若以金屬原料價值計算,本屆奧運的金牌約值640美元,比兩年前溫哥華冬奧的金牌貴165美元。

冠軍選手拿到的「金」牌,其實只有1.2%的黃金,白銀含量高達92.5%,其餘為銅。而奧運獎牌不是純金的也不是秘密了,最近1面用純金打造的獎牌,是在1912年斯德哥爾摩奧運發出去。
今年奧運相關紀念商品至少60%是中國製,惹來不少爭議,但獎牌顯然標榜英國製。夏季奧運獎牌是由英國藝術家沃特金斯(David Watkins)設計、殘奧獎牌則出自生於英國的華裔設計師張翠蓮之手。

獎牌所用的黃金、白銀和銅等原料,是英國礦商力拓(Rio Tinto)提供,雖然是從美國鹽湖城和蒙古的礦場開採出來,由鑄造英國貨幣的皇家鑄幣廠(Royal Mint)打造,存放在英國皇室貯藏王冠和珠寶首飾等貴重資產的倫敦塔。

本屆奧運第1面獎牌預定28日發出,頒給女子射擊項目的得獎者,到最後總計會頒出4,700面獎牌。

「運動畫刊」和「華爾街日報」等媒體則預測,美國將可抱回最多獎牌。為激勵本國選手,印度撒哈拉集團宣布,奧運冠亞季軍得主回國後將獲頒2至5公斤重的純金獎牌1面。

世界最大黃金生產商銅產量預期為4.60億-5億磅

 http://news.cnyes.com/

世界最大黃金生產商巴里克黃金公司(NYSE:ABX)周四發布財報稱,第二季度凈盈利下降35%,主要是由於產量和銷量下滑,以及成本的上升。

該公司當季凈盈利從上年同期的11.6億美元,合每股1.16美元,降至7.50億美元,合每股75美分。

不包括一次性項目在內,該公司當季調整后每股盈利78美分,低於接受FactSet調查的分析師平均預期的93美分。營收下降4%,至32.8億美元,低於分析師平均預期的35億美元。

第二季黃金產量從上年同期的198萬盎司降至174萬盎司;銷量從上年同期的192萬盎司降至169萬盎司。平均售價上升6%,至每盎司1608美元。黃金生產的凈現金成本增長近60%,至每盎司534美元。

銅產量與銷量均有所增長,但平均售價從上年同期的每磅4.07美元降至3.45美元。

巴里克重申2012年黃金產量預期為730萬-780萬盎司;銅產量預期為4.60億-5億磅。

An Absolutely Stunning Development In The Silver Market

Today King World News is reporting on an absolutely stunning development, this time in the silver market.  Acclaimed commodity trader Dan Norcini told KWN that in the silver market, “... the hedge fund outright short position is the largest position that I’ve got on my records going back to the beginning of 2007.  We’re talking about a five and a half year period.” 

Norcini also noted there would be a huge move in silver, “if they (hedge funds shorts) get caught on the wrong side of that market ... because all of those shorts are going to head to the exits at the same time.”

The acclaimed trader also discussed hegde fund problems in the gold market, but first, Bill Haynes, President of CMI Gold & Silver, had this to say about QE:  “Eric, it’s guaranteed, it’s just a question of when.  Probably within a few weeks.  Subastian Mallaby, a contributing editor to the Financial Times and a member of the Council on Foreign Relations, in Wednesday’s Financial Times, chided Bernanke and the Fed for not showing some audacity, some aggressiveness in attacking the problem of an economy that will not get going.”

Bill Haynes continues:

“Mallaby congratulated Bernanke for his massive money creation in 2008, and said the market needs more of the same.  But Mallaby criticized Bernanke for buying only Treasury bills today, noting that in 2008/2009 the Fed bought ‘toxic securities.’  He also said that the Fed backstopped the money market funds.  It was an aggressive move.  It was the type of thing they expected the Fed to do, but that’s not what’s going on now.   

You don’t get any more establishment than the Council on Foreign Relations, and these people are (now) saying that the Fed needs to do something (more QE)....


Dan Norcini noted this stunning development in the silver market:  “One of the things I’ve noted here is the hedge fund outright short positions, we’re just talking about the number of outright short positions that the hedge funds have in the silver market, it is the largest position that I’ve got on my records going back to the beginning of 2007.

We’re talking about a five and a half year period.  What this shows you is that the hedge funds have been making some pretty decent size bets on the short side of silver.  And, again, if they get caught on the wrong side of that market, and all of the sudden you get a round of QE coming, you are going to have an awful lot of potential for some (big) buying in (that market) because all of those shorts are going to head to the exits at the same time. 

(This will also) bring in some new money on the long side of the market.  If that’s the case, you’ll see upside resistance levels on silver get violated very quickly (because of the short squeeze).”

Norcini had this to say about hedge fund problems in the gold market: “The hedge fund community, which is the driver of markets in today’s trading environment, hedge funds move these markets, it’s just that simple, and those guys had been betting against gold.  They had their smallest net long position going all the way back to the middle of December of 2008.  We are talking about a three and a half year period here, Eric.

Many of them were playing gold from the short side of the market, looking for a breakdown.  What happened was Draghi caught all of them off guard.  These short positions that were trying to push this market down, into what was considered Asian buying below the market, those shorts had nowhere to go when Draghi came out with his comments, so out they went.

Their buying took it up through $1,600.  What the COT report is showing us is that the swap dealers, again, those strong hands we had been mentioning the last two weeks, they continue to build a net long position in the gold market.  The swap dealers are net longs, the hedge funds had a small net long position after putting on some fresh shorts, the commercials, the big bullion banks, had a relatively small net short position by (historical) comparison. 

So all of the ingredients are in place if you get an upside violation of any technical resistance level.  You’ve got a lot of potential (upside) movement as these guys decide to come back into this gold market.  In other words, there is a type of vacuum (to the upside) that could be filled if big money starts committing to gold in a hurry again.

We will certainly get that if gold takes out $1,640 next week, and particularly if you start taking out some more upside resistance levels.  You’ve got an awful lot of shorts that are in trouble in that gold market.”