荷蘭最大銀行ABN AMRO發生了黃金實物交割違約事件!
該銀行在向客戶的致歉信中表示,已無法向客戶交割實物黃金,願意以紙幣進行賠償!在正常的市場中,如果金價下跌,意味著黃金供過於求,ABN應該很容易在市場中買到實物黃金並交割給客戶。
宋鴻兵
很明顯,他們已買不到實物黃金了,這才不惜公然違約!
最近數月,西方各大銀行聯手打壓黃金白銀,無非是希望嚇阻實物金銀的購買者,延緩違約審判日的到來!但該來的終究會來!荷蘭最大銀行ABN的黃金交割違約不會是孤立事件!黃金市場中每77份合約才對應一份實物,白銀則是100:1。
77個瓶子只有一個蓋,這需要多麼瘋狂的精神才敢如此悖逆市場規律啊?
Last week, a rubicon was crossed in the precious metals market as one of the largest banks in Europe defaulted on their gold contracts, and informed their customers there was no physical gold available for delivery.
ABN AMRO, the largest Dutch bank in the Eurozone, issued a letter to their gold contract customers of failure of delivery, and instead will pay account holders in a paper currency equivalent to the current spot value of the metal.
ABN AMRO, the biggest Dutch bank, has sent a letter to its clients stating that they will no longer be able to take physical deliveries of the gold they have bought through ABN. Instead they are offered money at the current market rate for gold. Basically, instead of owning a risk free, physical asset (a gold bar or a gold coin), the bank’s clients now own a monetary claim on ABN AMRO, being exposed to the bank's credit risk. - Voice of RussiaOver the past two months, there has been a concerted effort by the major Western banks to bring down the price of gold and silver, even as countries like Russia, Iran, and China continue to accumulate the physical metal in large quantities. Like the folly of betting against the stock markets when the Fed is pumping up equities with $85 billion per month, going against the J.P. Morgan silver short machine in the futures market has been a losing proposition for silver bulls.
Interestingly for Europe however, since the Eurozone crisis spread from Greece to Spain, Italy, and Cyprus, the fastest growing currency being purchased by retail investors is Bitcoin. Bitcoin is a digital currency that is out of the control of sovereign central banks, and to this point, has not been manipulated by inflationary monetary policy.
In investing circles there is an adage which says, if you don't hold it, you don't own it. Whether it is land, metals, or other hard assets, if it is held in a bank, in a paper instrument, or in a paper currency, the documented owner has management control, but not physical control. And as the world saw last month in Cyprus, the government, or even a major bank like ABN AMRO, can change the terms of a contract at any time, and return to investors asset values set by the bank, and not the customer's intention.
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