Ainslie Melbourne and Brisbane
Buy Gold Melbourne
Buy Gold Brisbane
ainslie facebook ainslie instagram ainslie google ainslie linkedin ainslie twitter ainslie youtube
  • Home
  • Gold and Silver Price
  • Selling Gold & Silver
  • Secure Storage
    • Storage Options
    • Ainslie Storage Account
    • Reserve Vault & Melbourne Vault
  • SMSF
  • News
  • FAQ
    • About Us
    • General FAQ
    • How to Buy Bullion
    • First Time Buyers
    • Delivering Your Bullion
    • Bullion Security
    • Comparing Investments
    • The History of Gold
    • The History of Silver
    • Why Buy Bullion
    • Why Buy Silver
    • Different Types of Bullion
    • Historic Pricelists
    • Silver Stackers
    • ID Verification
  • Contact
SHOP
Buy Gold and Silver
0

A significant change occurred this last month for gold

Posted | 11/06/2013 / Views | 2895
Back to News
Next Article

A significant change occurred this last month for gold.  The US’s Bank Participation Report now shows the top 3 bullion banks are net LONG in gold contracts.  We can’t remember the last time this occurred as they have repeatedly shorted the gold market down for so long now.  This is probably one of the clearest indications that the bottom is here or near as it is these very ‘big 3’ that have orchestrated the low prices we see now.  Silver is still net short as it is the easier, smaller market to ‘play’ with, but just sets up the stage for an even bigger rebound.

Subscribe to Our Newsletter

Daily or weekly emails with gold and silver price, bullion news and important economic events from around the world.

Daily or weekly news on everything gold, silver and crypto.

Recent Articles

Powell throws Biden under the Inflation Bus
Posted | 24-Jun-2022 / Views | 1005
In late May, Biden argued that the task of fighting price increases was the responsibility of the Federal Reserve. I... Read More...
Is 60/40 dead? The “new investing regime”
Posted | 23-Jun-2022 / Views | 918
With 7 days left for the first half of this year, the S&P500 is posting its second worst H1 in history behind a ... Read More...
RBA Jawboning & what a recession looks like
Posted | 22-Jun-2022 / Views | 973
Yesterday we heard the RBA chief assure us "I don't see a recession on the horizon”.  As we have... Read More...
Buy Gold Buy Silver Gold and Silver Price Ainslie ID Verification Ainslie Storage Portal Terms of Trade Privacy Policy 

 

Ainslie Bullion Brisbane
Buy gold/silver Brisbane
Level 6, 12 Creek St Brisbane
Toll Free 1800 819 474
O/S Phone +61 7 3221 0500
Fax 07 3229 1895

Ainslie Bullion Melbourne
Buy gold/silver Melbourne
Level 14, 357 Collins St Melbourne 
Toll Free 1800 246 754
O/S Phone +61 3 7037 6255

The Gold StandardBuy Crypto BrisbaneAinslie, a Perth Mint Distributer

Visit one of our Preferred Secure Storage Providers in Brisbane & Melbourne:

Brisbane Secure StorageMelbourne Secure Storage