資訊觀點 Information & Point of view

https://srsroccoreport.com/

- Focus on how energy will impact the overall economy with a focus on the precious metals and mining industry


http://www.zerohedge.com/

- A financial blog that aggregates news and presents editorial opinions from original and outside sources. The news portion of the site is written by a group of editors who collectively write under the pseudonym "Tyler Durden"

礦物資源 Mineral Source

世界天然資源分怖地圖
http://www.mapsofworld.com/thematic-maps/natural-resources-maps/

黃金 - Gold

交易所

• http://www.spdrgoldshares.com/

Mining Companies:

• Barrick and Newmont

研究及資訊相關:

• 黃金頭條
• QuandaryFX @ Seeking Alpha

銀 - Siliver

Mining Companies:

• Pan American Silver
• Tahoe Resources

鈀 - Palladium

鉑 - Platinum

Mining Companies:

• Anglo American Platinum
• Impala Platinum

銅 - Copper

鎳 - Nickel

鈾 - Uranium

釷 - Thorium

銠 - Rhodium

* The current values of the top four precious metals are based on their cost of production, not their production ratio.

引: 金價將飛天？瑞士煉金廠短缺惡化 紙上黃金搖搖欲墜

MoneyDJ新聞 2016-09-07 15:53:30 記者 郭妍希 報導

金價接下來要怎麼走，得看實體黃金的供需狀況。2011年暢銷財經書《下一波全球貨幣大戰》(Currency Wars: The Making of the Next Global Crisis)作者James Rickards警告，中國、印度積極囤金，美國、英國的黃金ETF投資者跟著推波助瀾，導致實體黃金的供給愈來愈吃緊。假使有一天投資「紙上黃金」的人們發現，他們手上的合約根本無從兌換真的黃金，那麼紙黃金體制必會瓦解，金價也將一飛衝天(super-spike)。
Rickards日前在The Daily Reckoning網站撰文指出，紐約商品期貨交易所(COMEX)的黃金期貨以及黃金ETF都是所謂的紙黃金，資料顯示這些紙上合約承諾的黃金總量，大概是實體黃金的100倍(甚至更多)。只要紙上黃金的投資人要求以實體黃金結算，他們就會驚覺，世界上根本就沒有這麼多實體黃金可以流通，屆時勢必會引爆黃金爭奪戰，金價也會飆高好幾千美元，金礦類股更將狂漲十倍以上，而期貨交易所也會被迫關閉。
那麼，黃金恐慌買盤何時引爆？Rickards認為，一切都要觀察實體黃金的供需動向。各國實體黃金的進出口資料，以瑞士最為透明，而瑞士進口黃金主要是為了精煉，之後會出口到世界各地，同時瑞士既無金礦、民眾也無囤金習慣，因此相當適合用來觀察全球實體黃金的流動方向。

根據Rickards觀察，瑞士過去四個月一直是黃金的淨出口國，這代表市場需求強勁，但供給卻頗為緊縮。若瑞士的黃金持續呈現淨出口，那就代表需求過多、供給減少，金價也將跟著走強。數據並顯示，瑞士精煉過的黃金主要出口到五處，分別是中國大陸、香港、印度、英國與美國，共佔總出口量的91%。
要注意的是，香港進口的黃金一般會「再次出口」到大陸，以滿足大陸民眾、人行和主權基金對黃金的需求。另一方面，瑞士也出口102公噸的黃金到英國和美國，大多是為供應黃金ETF投資者所需。ETF對金價通常會有推波助瀾的作用，金價的波動常遭ETF誇大。
Rickards警告，他所得到的第一手消息顯示，瑞士的黃金供給量已經相當吃緊，假如短缺繼續惡化，那麼金價肯定會跳高，屆時ETF需求更將助長金價火焰，而整個紙黃金體制遲早要崩塌。
其實，在英國脫歐之前，就有消息傳出英國民眾大量搶金，市場面臨流動性與供給問題。Zero Hedge 6月22日報導，黃金業界資深人士(其中一名還是瑞士煉金大廠的高層)透露，銀行間或機構黃金交易市場人士已開始「驚慌失措」，黃金市場面臨流動性與供給問題，情勢之緊繃連美國911恐攻、雷曼兄弟倒閉以及歐元區金融危機的高峰期間都比不上。
煉金廠與鑄金廠都已被告知，黃金交易銀行也許會「直接暫停實體黃金交易」，包括Intl FC Stone在內的大型流動性提供商都已拉高保證金。也就是說，機構投資者的高額黃金買單成本比中小型訂單還貴，進而打擊大筆買進實體黃金的需求。(相關新聞見此)
雖然英國脫歐之後金價漲勢稍歇，但民間投資人熱度不減，8月買超近半噸黃金，加碼量創2012年年底以來的新高紀錄！
倫敦24小時線上黃金交易網站《BullionVault》9月6日報導，旗下客戶8月份的黃金淨買量共計多達470公斤，整體客戶儲金量也跟著拉升至35.7公噸、創史上高。有趣的是，客戶幾乎都把黃金儲存在蘇黎世，並未選擇BullionVault位於倫敦、紐約、新加坡與多倫多的金庫。

原文:

http://www.moneydj.com/KMDJ/News/NewsViewer.aspx?a=89029001-5e54-4589-a444-06916f886541


延伸:

實體黃金有詭！美今年來對瑞士的進口較去年暴增18倍 實體黃金有詭！美今年來對瑞士的進口較去年暴增18倍

引: U.S. Imports Record Amount Of Gold From Switzerland In July

U.S. Imports Record Amount Of Gold From Switzerland In July

Filed in Precious Metals by SRSrocco on September 23, 2016

It seems as if the tide has changed as the U.S. imported a record amount of gold from Switzerland in July.  Normally, the flow of gold from the United States has been heading toward Switzerland.  For example, when the U.S. exported a record 691 metric tons (mt) of gold in 2013, Switzerland received 284 mt, which accounted for 41% of the total.  Compare that to the paltry 3 metric tons of gold imported from Switzerland that very same year.

However, something has changed in the market dynamics as the U.S. imported a record 23.8 mt of gold from Switzerland in July:

As I stated in my previous article, WHAT’S GOING ON?? Record Swiss Gold Flow Into The United States: the Swiss exported 20.7 mt of gold in May 2016, up considerably from its monthly average 0.4 mt.  Even though gold imports from Switzerland declined the next month to only 13.1 mt in June, they were still much higher than their monthly average going back until Jan. 2015.

But, as we can see… U.S. gold imports from Switzerland jumped 82% in July to 23.8 mt compared to June.  There has been speculation in the precious metals community as to why the Swiss are now exported gold to the United States.  While many theories seem plausible, the one that makes the most sense is that investors in Europe who have their gold stored in Switzerland are moving it to the United States to protect it from the implications of negative interest rates.

Furthermore, after the Brexit vote for the U.K. to leave the European Union (In June), it has also put a lot of stress on investors holding assets within the E.U. countries.  For whatever reason, gold bullion is now flowing into the United States from Switzerland in record volume for the first time in many years.

This next chart shows the annual imports of gold from Switzerland going back until 2000:

As we can see, Switzerland’s gold exports to the U.S. are already 60.7 mt in 2016, up more than 18 times the volume in 2015.  Again, for whatever reason, Swiss gold is heading into the United States in record volume.

In addition, this is the first year the U.S. has imported more gold than it has exported in several years:

In 2012, the United States exported a record 693 mt of gold, while imports were only 332 mt.  Even though the volume of U.S. gold exports declined in 2014 and 2015, they were still much higher than imports (62% & 86% respectively).

However, this has changed in the first seven months of 2016, as the U.S. has imported 249 mt of gold versus exports of only 190 mt.  The majority of the increase of U.S. gold imports came from Switzerland.  Of the 249 mt of U.S. gold imports Jan-July 2016, Switzerland accounted for 60.7 mt, compared to only 3 mt in 2015.

With the upcoming Chinese Yuan into the IMF SDR (Special Drawing Rights) on Oct 1st, the situation for the U.S. Dollar going forward will come under increased stress as global trade moves more into Chinese Yuan currency.  This will negatively impact the U.S. Treasury holdings by foreigners as they move into owning more Chinese Yuan for trade.

The days of the U.S. Dollar Reserve currency status is coming to an end.  It is no surprise that Russia and China continue to add a great deal of gold to their official holdings.

Lastly, I will be publishing a very important article on the precious metals next week.  It will provide analysis on the top four precious metals (Gold, Platinum, Palladium and Silver) that most investors have not seen before.  It will be out either Monday or Tuesday next week.

Source:
https://srsroccoreport.com/u-s-imports-record-amount-of-gold-from-switzerland-in-july/

引 : 實體黃金有詭！美今年來對瑞士的進口較去年暴增18倍

實體黃金有詭！美今年來對瑞士的進口較去年暴增18倍

MoneyDJ新聞 2016-09-26 09:28:18 記者 郭妍希 報導

追蹤黃金報價的期貨、ETF滿天飛，但這些合約承諾的黃金、卻是現實世界總產量的100倍(甚至更多)，先前也傳出有期貨、ETF投資人要求以實體黃金結算，卻換不到黃金的消息。以此來看，過去數年向來以出口黃金為主的美國，7月跟瑞士進口的實體黃金卻突然暴增8成、單月進口量登史上高，年初迄今的進口量更是去年一整年的18倍，這樣的消息相當值得關注。

SRSrocco Report 23日報導，統計顯示，美國7月從瑞士進口的黃金總量飆升至23.8噸、較6月的13.1噸高出82%之多，而5月的進口量也多達20.7噸，這三個月的進口量都遠多於2015年1月以來的平均月進口量(0.4噸)。(圖表見此)

不僅如此，美國今(2016)年迄今從瑞士進口的黃金總量已經高達60.7噸，是去年一整年(3.3公噸)的18倍之多！

如此奇怪的現象也引發諸多揣測。有人認為，把黃金儲藏在瑞士的歐洲投資人，為了避免負利率的衝擊，因此決定把黃金移往美國。另外則有人猜測，英國6月舉行公投決定脫歐後，在歐盟國家持有資產的投資人面臨了龐大壓力。無論是哪種原因，實體黃金的流向的確已開始逆轉，美國從瑞士進口的黃金總量大幅跳增，是多年以來首見。這是相當不尋常的現象。正常來講，實體黃金通常都是從美國流向瑞士，舉例來說，美國2013年就出口了691噸的黃金、創歷史新高，瑞士當年則收到284噸。

為何要觀察瑞士相對於美國的黃金進出口數據？2011年暢銷財經書《下一波全球貨幣大戰》(Currency Wars: The Making of the Next Global Crisis)作者James Rickards 9月初在The Daily Reckoning網站撰文解釋，各國實體黃金的進出口資料，以瑞士最為透明，而瑞士進口黃金主要是為了精煉，之後會出口到世界各地，同時瑞士既無金礦、民眾也無囤金習慣，因此相當適合用來觀察全球實體黃金的流動方向。

根據Rickards當時的說法，紐約商品期貨交易所(COMEX)的黃金期貨以及黃金ETF都是所謂的紙黃金，資料顯示這些紙上合約承諾的黃金總量，大概是實體黃金的100倍(甚至更多)。只要紙上黃金的投資人要求以實體黃金結算，他們就會驚覺，世界上根本就沒有這麼多實體黃金可以流通，屆時勢必會引爆黃金爭奪戰，金價也會飆高好幾千美元，金礦類股更將狂漲十倍以上，而期貨交易所也會被迫關閉。

黃金恐慌買盤何時引爆？Rickards認為，一切都要觀察實體黃金的供需動向。根據Rickards觀察，瑞士過去四個月一直是黃金的淨出口國，這代表市場需求強勁，但供給卻頗為緊縮。若瑞士的黃金持續呈現淨出口，那就代表需求過多、供給減少，金價也將跟著走強。數據並顯示，瑞士精煉過的黃金主要出口到五處，分別是中國大陸、香港、印度、英國與美國，共佔總出口量的91%。

Rickards警告，他所得到的第一手消息顯示，瑞士的黃金供給量已經相當吃緊，假如短缺繼續惡化，那麼金價肯定會跳高，屆時ETF需求更將助長金價火焰，而整個紙黃金體制遲早要崩塌。(詳細新聞見此)

原文:
http://www.moneydj.com/funddj/ya/yp050000.djhtm?a=4B3B3CEF-CD9C-427F-83C9-1D82581EBC6F