Piyasalar d\u00fc\u015f\u00fc\u015fteyken a\u015f\u0131r\u0131 d\u00fczeltme, \u00e7\u0131karken de a\u015f\u0131r\u0131 y\u00fckselme e\u011filiminde olur. \u00c7in’in COVID-19 karantinalar\u0131 nedeniyle ham petrol fiyatlar\u0131nda ya\u015fanan %2’lik d\u00fc\u015f\u00fc\u015f, d\u00fcnyan\u0131n geri kalan\u0131 bu salg\u0131n\u0131 geride b\u0131rakm\u0131\u015fken Pekin’in bu salg\u0131nla m\u00fccadeledeki a\u015f\u0131r\u0131 heveslili\u011fini d\u00fc\u015f\u00fcn\u00fcnce \u015fa\u015f\u0131rt\u0131c\u0131 olabilir.<\/p>\n
Ayn\u0131 \u015fekilde Cuma g\u00fcn\u00fc petrolde ya\u015fanan %5’lik y\u00fckseli\u015f de \u00c7in’in, COVID-19\u2019a kar\u015f\u0131 s\u0131f\u0131r tolerans politikas\u0131n\u0131 gev\u015fetti\u011fine dair s\u00f6ylentilerden kaynakland\u0131.<\/p>\n
Ger\u00e7ekten mi?<\/p>\n
Pekin’in COVID-19 politikas\u0131nda geri ad\u0131m att\u0131\u011f\u0131na dair spek\u00fclasyonlar\u0131 her duydu\u011fumda, John Kilduff’un \u00c7in’in karantina uygulamalar\u0131na ili\u015fkin k\u0131sa de\u011ferlendirmesi akl\u0131ma geliyor; g\u00f6r\u00fcn\u00fc\u015fteki k\u00fcstahl\u0131\u011f\u0131na ra\u011fmen McKinsey’in bu konudaki uzun perspektifi kadar do\u011fru. New York enerji hedge fonu Again Capital’in kurucu orta\u011f\u0131 olan Kilduff bana “Bug\u00fcn \u00c7in’in yeniden a\u00e7\u0131ld\u0131\u011f\u0131n\u0131 duyacaks\u0131n\u0131z ancak gelecek hafta tekrar kapand\u0131\u011f\u0131n\u0131 da duyacaks\u0131n\u0131z.” demi\u015fti. O zaman g\u00fclm\u00fc\u015ft\u00fcm ve \u00c7in h\u00fck\u00fcmetini fazla ciddiye alan insanlar konusunda ne kadar hakl\u0131 oldu\u011funa h\u00e2l\u00e2 g\u00fcl\u00fcyorum.<\/p>\n
Cuma g\u00fcnk\u00fc petrol rallisinin, Avustralya ile birlikte G7\u2019nin nihayet Rus petrol\u00fc i\u00e7in sabit bir fiyat belirlemeyi kabul etti\u011fi haberine tepki olarak ger\u00e7ekle\u015fti\u011fine inanma e\u011filimindeyim. Bu, plan\u0131n savunucular\u0131 i\u00e7in neredeyse imkans\u0131z g\u00f6r\u00fcnen bir uzla\u015fmayd\u0131.<\/p>\n
Rus enerjisini ad\u0131 hari\u00e7 her \u015fekilde silah haline getiren Vladimir Putin; Moskova’n\u0131n Ukrayna sava\u015f\u0131n\u0131 finanse etme kabiliyetini, k\u00fcresel ham petrol arz\u0131n\u0131 kesmeden s\u0131n\u0131rlamay\u0131 ama\u00e7layan G7 plan\u0131na kat\u0131lan \u00fclkeleri petrol vermemekle tehdit etti.<\/p>\n
Kremlin’in G7 plan\u0131na misillemede bulunaca\u011f\u0131 korkusu, aylard\u0131r petrole bir zemin olu\u015fturarak yaz aylar\u0131nda ya\u015fanan sat\u0131\u015f dalgas\u0131nda bile 80 dolar\u0131n alt\u0131na d\u00fc\u015fmesini engelleyen temel unsurlardan biri olmu\u015ftu.<\/p>\n
Fed’in faiz art\u0131r\u0131m\u0131 konusunda politik de\u011fi\u015fim ya\u015fayaca\u011f\u0131na dair devam eden beklentiler \u2013 bu konuda say\u0131s\u0131z ileri geri konu\u015fmalara ra\u011fmen \u2013 Cuma g\u00fcn\u00fc petrol\u00fcn yukar\u0131 y\u00f6nl\u00fc hareketindeki bir di\u011fer fakt\u00f6r oldu.<\/p>\n
ABD\u2019de i\u015f say\u0131lar\u0131, Ekim ay\u0131nda yine tahminleri a\u015ft\u0131 ancak genellikle dolar\u0131n y\u00fckselmesine neden olan hedge fonlar\u0131, bu kez dolar\u0131 vurmay\u0131 tercih ederek petrole ve emtia kompleksinin geri kalan\u0131na kazand\u0131rd\u0131.<\/p>\n
Cuma g\u00fcn\u00fc merkez bankas\u0131ndaki baz\u0131 politika yap\u0131c\u0131lar, Ba\u015fkan Jerome Powell’\u0131n iki g\u00fcn \u00f6nce ayl\u0131k faiz karar\u0131n\u0131 takip eden \u00e7ok \u00f6nemli bas\u0131n toplant\u0131s\u0131nda savundu\u011fu agresif rejimden daha k\u00fc\u00e7\u00fck faiz art\u0131\u015flar\u0131ndan bahsediyordu.<\/p>\n
\u00c7ar\u015famba g\u00fcn\u00fc gazetecilere yapt\u0131\u011f\u0131 a\u00e7\u0131klamada Powell, merkez bankas\u0131n\u0131n faiz art\u0131r\u0131m\u0131 temposunu yava\u015flatma \u2013 duraklatma de\u011fil \u2013 zaman\u0131n\u0131n yakla\u015ft\u0131\u011f\u0131n\u0131 d\u00fc\u015f\u00fcnd\u00fc\u011f\u00fcn\u00fc ve bunun Aral\u0131k veya \u015eubat toplant\u0131lar\u0131 gibi erken bir vakitte olabilece\u011fini s\u00f6yledi.<\/p>\n
Ancak ayn\u0131 derecede \u00f6nemli olan\u0131n, “politik duru\u015fu, enflasyonu orta vadede %2 hedefine indirmek i\u00e7in yeterince k\u0131s\u0131tlay\u0131c\u0131 bir seviyeye getirme ihtiyac\u0131” oldu\u011funu vurgulad\u0131.<\/p>\n
Fed, enflasyonu kontrol alt\u0131na almak i\u00e7in Mart ay\u0131ndan bu yana faiz oranlar\u0131n\u0131 alt\u0131 kez art\u0131rd\u0131: Haziran ay\u0131ndan itibaren 75 baz puanl\u0131k d\u00f6rt b\u00fcy\u00fck art\u0131\u015fla faizler, Mart ay\u0131ndaki 25 baz puandan 400 baz puanl\u0131k zirveye ula\u015ft\u0131.<\/p>\n
Burada as\u0131l soru “k\u0131s\u0131tlay\u0131c\u0131” olan\u0131n ne oldu\u011fu. Chicago Fed Ba\u015fkan\u0131 Charles Evans, Cuma g\u00fcn\u00fc yapt\u0131\u011f\u0131 a\u00e7\u0131klamada politikac\u0131lar\u0131n al\u0131\u015fk\u0131n oldu\u011fu 75 baz puana k\u0131yasla 50 baz puanl\u0131k bir art\u0131\u015f\u0131n bile cayd\u0131r\u0131c\u0131 olabilece\u011fini \u00f6ne s\u00fcrd\u00fc.<\/p>\n
Evans, “Daha k\u00fc\u00e7\u00fck faiz art\u0131\u015flar\u0131yla bile para politikas\u0131n\u0131 s\u0131k\u0131la\u015ft\u0131rmak i\u00e7in yeterli alan var.” dedi.<\/p>\n
Fed’in enflasyon hedefi y\u0131ll\u0131k sadece %2. Ancak T\u00fcketici Fiyat Endeksi (T\u00dcFE), bundan d\u00f6rt kat daha h\u0131zl\u0131 art\u0131yor. Haziran ay\u0131na kadar olan 12 ayl\u0131k d\u00f6nemde %9,1 ile 40 y\u0131l\u0131n zirvesine ula\u015ft\u0131ktan sonra Eyl\u00fcl ay\u0131na kadar olan y\u0131lda %8,2 y\u00fckseldi.<\/p>\n
Evans’\u0131n a\u00e7\u0131klamalar\u0131, Fed’in enflasyona ula\u015fma yolunda daha uzun bir yol anlam\u0131na gelse bile faiz art\u0131r\u0131mlar\u0131n\u0131n daha ufak olmas\u0131n\u0131 istedi\u011fini g\u00f6sterdi.<\/p>\n
Chicago Fed Ba\u015fkan\u0131, Kas\u0131m ay\u0131 i\u00e7in \u00f6ng\u00f6r\u00fclen 75 baz puanl\u0131k art\u0131\u015f\u0131 destekledi\u011fini a\u00e7\u0131k\u00e7a ifade etti. Ancak \u015funlar\u0131 ekledi: “Enflasyon raporlar\u0131 olumlu de\u011filse ve Fed h\u00e2l\u00e2 h\u0131zl\u0131 bir art\u0131\u015f yapmak istiyorsa tekrar tekrar 50 baz puanl\u0131k art\u0131\u015f yapabilirsiniz. Fed, tepe politika faizine yakla\u015ft\u0131\u011f\u0131nda faiz art\u0131\u015flar\u0131n\u0131 25 baz puan azaltabilir ya da riskler iki tarafl\u0131 hale gelebilir.”<\/p>\n
En az iki Fed politikac\u0131s\u0131 da ayn\u0131 \u015fekilde d\u00fc\u015f\u00fcn\u00fcyor gibi g\u00f6r\u00fcn\u00fcyordu.<\/p>\n
Boston Fed Ba\u015fkan\u0131 Susan Collins, Cuma g\u00fcn\u00fc yapt\u0131\u011f\u0131 a\u00e7\u0131klamada “Fed’in daha k\u00fc\u00e7\u00fck faiz art\u0131\u015flar\u0131na ge\u00e7mesi \u00e7ok mant\u0131kl\u0131.” dedi.<\/p>\n
Richmond Fed Ba\u015fkan\u0131 Tom Barkin ise yava\u015flaman\u0131n merkez bankas\u0131ndaki \u00e7e\u015fitli karar al\u0131c\u0131lar taraf\u0131ndan \u00e7oktan tamamland\u0131\u011f\u0131n\u0131 s\u00f6yledi ve “Fed’in aya\u011f\u0131n\u0131n frende oldu\u011funu rahatl\u0131kla s\u00f6yleyebilirim.” diye ekledi.<\/p>\n
Yat\u0131r\u0131mc\u0131lar, ekonomistler ve i\u015f d\u00fcnyas\u0131 liderleri, bir s\u00fcredir Fed’in agresif faiz art\u0131\u015flar\u0131n\u0131n d\u00fcnyan\u0131n en b\u00fcy\u00fck ekonomisini resesyona sokabilece\u011fi uyar\u0131s\u0131nda bulunuyordu \u2013 2020 ortalar\u0131nda koronavir\u00fcs pandemisiyle patlak veren son yava\u015flaman\u0131n \u00fczerinden sadece 2,5 y\u0131l ge\u00e7tikten sonra.<\/p>\n
ABD ekonomisi y\u0131l\u0131n ilk iki \u00e7eyre\u011finde, GSY\u0130H\u2019de \u00fcst \u00fcste kaydedilen %1,6 ve %0,6’l\u0131k negatif b\u00fcy\u00fcmelerle teknik anlamda resesyona girdi. Ancak \u00fc\u00e7\u00fcnc\u00fc \u00e7eyrek GSYH’si %2,6 gibi diren\u00e7li bir oranda ger\u00e7ekle\u015ferek yeni bir ekonomik yava\u015flaman\u0131n olas\u0131 olup olmad\u0131\u011f\u0131 ya da bunun yerine yumu\u015fak bir ini\u015fin m\u00fcmk\u00fcn olup olmad\u0131\u011f\u0131 sorular\u0131n\u0131 g\u00fcndeme getirdi.<\/p>\n
Fed’in faiz art\u0131r\u0131m\u0131 konusunda fikir birli\u011fine varmas\u0131n\u0131 sa\u011flayacak olan \u015fey, verilerin b\u00fcy\u00fck \u00f6l\u00e7\u00fcde yava\u015flayan enflasyona i\u015faret etmesi.<\/p>\n
Bunun i\u00e7in \u00f6n\u00fcm\u00fczdeki Per\u015fembe g\u00fcn\u00fc a\u00e7\u0131klanacak olan Ekim ay\u0131 T\u00dcFE raporunun, fiyatlar a\u00e7\u0131s\u0131ndan yak\u0131c\u0131 bir sonu\u00e7 daha g\u00f6stermemesi gerekiyor.<\/p>\n
E\u011fer \u00f6yle olursa Fed’in faiz art\u0131r\u0131m\u0131, \u00c7in’in yeniden a\u00e7\u0131lmas\u0131 kadar inand\u0131r\u0131c\u0131 olacak.<\/p>\n
Petrol: Piyasa Faaliyetleri\u00a0ve Fiyat \u00d6zeti<\/strong><\/p>\n Petrol bo\u011falar\u0131n\u0131n, en b\u00fcy\u00fck petrol ithalat\u00e7\u0131s\u0131 \u00c7in’deki COVID-19 karantina haberleri nedeniyle g\u00fcnlerce engellendikten sonra ritmini bulmas\u0131yla New York’ta i\u015flem g\u00f6ren WTI ve Londra’da i\u015flem g\u00f6ren Brent vadeli i\u015flemleri, Cuma g\u00fcn\u00fcn\u00fc %5 art\u0131\u015fla kapatt\u0131.<\/p>\n Per\u015fembe g\u00fcn\u00fc her iki ham petrol g\u00f6stergesi de Fed\u2019in, on y\u0131l\u0131n en y\u00fcksek seviyelerinde seyreden enflasyonu kontrol alt\u0131na almak i\u00e7in bir g\u00fcn \u00f6nce faizleri art\u0131rmaya devam edece\u011fi taahh\u00fcd\u00fcn\u00fc yinelemesine y\u00f6nelik gecikmeli bir tepki olarak d\u00fc\u015fm\u00fc\u015ft\u00fc.<\/p>\n Fed’in tutumu dolar\u0131 euro, yen, sterlin, Kanada dolar\u0131, \u0130sve\u00e7 kronu ve \u0130svi\u00e7re frang\u0131 ile kar\u015f\u0131la\u015ft\u0131ran dolar endeksini, Per\u015fembe g\u00fcn\u00fc 113,035 ile \u00fc\u00e7 haftan\u0131n en y\u00fcksek seviyesine \u00e7\u0131karm\u0131\u015ft\u0131.<\/p>\n Ancak Cuma g\u00fcn\u00fc endeks, ABD’nin Ekim ay\u0131 tar\u0131m d\u0131\u015f\u0131 istihdam raporunda ge\u00e7en ay 261.000 istihdam yarat\u0131lmas\u0131na ra\u011fmen bir noktada 111’in alt\u0131na d\u00fc\u015ft\u00fc. \u0130stihdam edilen ki\u015fi say\u0131s\u0131, ekonomistlerin bekledi\u011fi 195.000’den neredeyse %35 daha fazla.<\/p>\n Online ticaret platformu OANDA’da analist olan Ed Moya, tar\u0131m d\u0131\u015f\u0131 istihdam raporunun “g\u00fc\u00e7l\u00fc bir man\u015fet rakam, yukar\u0131 y\u00f6nl\u00fc revizyonlar ve daha fazla \u00fccret art\u0131\u015f\u0131 ile \u00e7o\u011funlukla canl\u0131” oldu\u011funu ancak “dolar\u0131n burada ezildi\u011fini” belirtti.<\/p>\n Moya, “Dolar burada d\u00fc\u015fmeye devam ederse petrol\u00fcn g\u00fcc\u00fc amans\u0131z olabilir.” diye ekledi.<\/p>\n WTI Per\u015fembe g\u00fcn\u00fcne g\u00f6re 4,44 dolar art\u0131\u015fla 92,61 dolarla seans\u0131 kapatt\u0131ktan sonra nihai i\u015flemini 92,60 dolardan ger\u00e7ekle\u015ftirdi. Seans\u0131n en y\u00fcksek seviyesi 92,81 dolar oldu ve ABD ham petrol\u00fcn\u00fcn 11 Ekim’den bu yana ilk kez bu hafta 90 dolar\u0131 a\u015fmas\u0131n\u0131n ard\u0131ndan dokuz haftan\u0131n en y\u00fcksek seviyesine ula\u015ft\u0131. Haftal\u0131k bazda WTI %5,4 y\u00fckseldi.<\/p>\n Brent, 3 dolar art\u0131\u015fla seans\u0131 resmen 97,67 dolarda bitirdikten sonra 98,75 dolardan i\u015flem g\u00f6rd\u00fc. K\u00fcresel ham petrol g\u00f6stergesi 98,74 dolar ile seans\u0131n en y\u00fcksek seviyesine ula\u015ft\u0131. Haftal\u0131k kazanc\u0131 yakla\u015f\u0131k %2 oldu.<\/p>\n Moskova’n\u0131n, k\u00fcresel arz\u0131 k\u0131smadan Ukrayna i\u015fgalini finanse etme kabiliyetini s\u0131n\u0131rlamak amac\u0131yla Rus petrol\u00fcn\u00fcn sat\u0131\u015f fiyat\u0131na s\u0131n\u0131r getirme y\u00f6n\u00fcndeki G7 plan\u0131na kar\u015f\u0131 Kremlin’in misilleme yapaca\u011f\u0131 korkusuyla, Cuma g\u00fcnk\u00fc petrol rallisi daha da g\u00fc\u00e7lendi. Rusya Devlet Ba\u015fkan\u0131 Vladimir Putin ge\u00e7mi\u015fte bu plana misilleme olarak G7 plan\u0131na kat\u0131lan \u00fclkelerle anla\u015fma yapmama ya da ham petrol ihracat\u0131n\u0131 tamamen ask\u0131ya alma tehdidinde bulunmu\u015ftu.<\/p>\n Petrol: WTI Teknik\u00a0Analiz<\/strong><\/p>\n SKCharting.com’un ba\u015f teknik stratejisti Sunil Kumar Dixit, Basit Hareketli Ortalamaya (SMA) at\u0131fta bulunarak “WTI’n\u0131n hareketi, 88,60 dolarl\u0131k 100 G\u00fcnl\u00fck SMA taraf\u0131ndan iyi bir \u015fekilde desteklenmeye devam ediyor ve bo\u011falar\u0131n g\u00fcndeminde, 97,70 dolarl\u0131k 200 G\u00fcnl\u00fck SMA’ya do\u011fru bir \u00f6l\u00e7eklendirme var.” dedi.<\/p>\n Dixit, WTI i\u00e7in art\u0131\u015f y\u00f6nl\u00fc h\u0131zl\u0131 hedefin\/direncin, 50 haftal\u0131k \u00dcstel Hareketli Ortalama (EMA) olan 93,77 dolar olaca\u011f\u0131n\u0131 da s\u00f6zlerine ekledi.<\/p>\n Alt\u0131n: Piyasa Faaliyetleri\u00a0ve Fiyat \u00d6zeti<\/strong><\/p>\n Her f\u0131rsatta sar\u0131 metale sald\u0131ran hedge fonlar\u0131, ABD’nin ayl\u0131k istihdam raporunun beklentileri yine a\u015fmas\u0131n\u0131n ard\u0131ndan \u2013 ki bu durum normalde alt\u0131ndan ziyade dolar\u0131n i\u015fine yarayacakt\u0131 \u2013 alt\u0131na \u015fa\u015f\u0131rt\u0131c\u0131 bir \u015fekilde sevgi g\u00f6sterince alt\u0131n Cuma g\u00fcn\u00fc son 2,5 y\u0131l\u0131n en iyi y\u00fczdelik kazanc\u0131n\u0131 elde etti.<\/p>\n ABD\u2019nin alt\u0131n vadeli i\u015flemler s\u00f6zle\u015fmesi, Cuma g\u00fcnk\u00fc i\u015flemlerini %2,8 art\u0131\u015fla tamamlad\u0131 ve New York Comex’te Aral\u0131k s\u00f6zle\u015fmesi, 45,70 dolar art\u0131\u015fla 1.676,60dolardan kapand\u0131. Investing.com verilerine g\u00f6re bu, g\u00f6sterge s\u00f6zle\u015fmenin %2,9 y\u00fckseldi\u011fi 2 Nisan 2020’den bu yana alt\u0131n i\u00e7in bir g\u00fcnde elde edilen en b\u00fcy\u00fck y\u00fczdelik kazan\u00e7 oldu.<\/p>\n Haftal\u0131k bazda Aral\u0131k vadeli alt\u0131n, son d\u00f6rt haftan\u0131n en iyi haftas\u0131nda %1,9 y\u00fckseldi.<\/p>\n Baz\u0131 yat\u0131r\u0131mc\u0131lar taraf\u0131ndan vadeli i\u015flemlerden daha yak\u0131ndan takip edilen spot k\u00fcl\u00e7e fiyat\u0131, Cuma g\u00fcn\u00fc 1.681,38 dolardan kapand\u0131. Per\u015fembe g\u00fcn\u00fc spot alt\u0131n, son be\u015f haftan\u0131n en d\u00fc\u015f\u00fck seviyesi olan 1.616,69 dolar\u0131 g\u00f6rm\u00fc\u015ft\u00fc.<\/p>\n Alt\u0131n: Fiyat G\u00f6r\u00fcn\u00fcm\u00fc <\/strong><\/p>\n SKCharting’den Dixit, alt\u0131n fiyatlar\u0131n\u0131n tekrar toparlanmadan \u00f6nce muhtemelen biraz d\u00fc\u015fece\u011fini s\u00f6yledi.<\/p>\n Dixit, “Alt\u0131n g\u00fcn i\u00e7indeki 4 saatlik zaman dilimlerinde a\u015f\u0131r\u0131 al\u0131m g\u00f6rd\u00fc\u011f\u00fcnden 1.673 dolara ve 1.660 dolara do\u011fru bir miktar d\u00fc\u015f\u00fc\u015f g\u00f6z ard\u0131 edilemez.” dedi. “Fiyatlar 1.645 dolara do\u011fru d\u00fc\u015ferse al\u0131c\u0131lar, bunu yeniden birikim i\u00e7in kullan\u0131rken di\u011ferleri d\u00fczeltmeyi, a\u00e7\u0131\u011fa sat\u0131\u015flar\u0131 kapatmak i\u00e7in bir f\u0131rsat olarak kullanabilir.”<\/p>\n Dixit, alt\u0131n bo\u011falar\u0131n\u0131n 1.681 dolar\u0131 a\u015fmas\u0131n\u0131n muhtemelen 1.720-1.785 dolar aral\u0131\u011f\u0131nda uzun bir ralliye yol a\u00e7aca\u011f\u0131n\u0131 ancak baz\u0131 hareketlerin sar\u0131 metalin de dalgal\u0131 olmas\u0131na sebep olaca\u011f\u0131n\u0131 s\u00f6yledi.<\/p>\n “\u00d6nemli olan, alt\u0131n\u0131n ay\u0131 1.735 dolar\u0131n \u00fczerinde kapatmay\u0131 ba\u015farmas\u0131 halinde k\u0131sa ve orta vadeli g\u00f6r\u00fcn\u00fcm\u00fcn y\u00fckseli\u015fe ge\u00e7ecek olmas\u0131. Yedi ayl\u0131k amans\u0131z darbeden sonra en az iki \u00fc\u00e7 ay boyunca bir miktar y\u00fckseli\u015f tepkisi bekleniyor.”<\/p>\n Alt\u0131n yorumcusu Mark Hulbert ise farkl\u0131 bir g\u00f6r\u00fc\u015fe sahipti ve toparlanman\u0131n uzun s\u00fcrmesinin m\u00fcmk\u00fcn olmad\u0131\u011f\u0131n\u0131 s\u00f6yledi.<\/p>\n Hulbert’e g\u00f6re sar\u0131 metalin k\u00fcllerinden yeniden do\u011fabilmesi i\u00e7in tam bir erime ya\u015famas\u0131 gerekiyor, t\u0131pk\u0131 me\u015fhur Anka ku\u015fu gibi.<\/p>\n Cuma g\u00fcn\u00fc yay\u0131mlanan bir blog yaz\u0131s\u0131nda “Uzun s\u00fcredir ac\u0131 \u00e7eken alt\u0131n b\u00f6cekleri, muhtemelen bir s\u00fcre daha ac\u0131 \u00e7ekmek zorunda kalacak.” diye yazd\u0131.<\/p>\n “\u00c7\u00fcnk\u00fc alt\u0131n yat\u0131r\u0131mc\u0131lar\u0131 genel olarak havlu atm\u0131\u015f ve sar\u0131 metalden vazge\u00e7mi\u015f de\u011fil. Ancak bu s\u00f6zde teslimiyet ger\u00e7ekle\u015fti\u011finde muhalifler bir dibin yakla\u015ft\u0131\u011f\u0131ndan emin olacak. Bu y\u0131l teslimiyetin yak\u0131n oldu\u011fu birka\u00e7 durum ya\u015fanm\u0131\u015f olsa da alt\u0131n yat\u0131r\u0131mc\u0131lar\u0131 her seferinde u\u00e7urumdan geri ad\u0131m att\u0131.”<\/p>\n Hulbert, Cuma g\u00fcn\u00fcn\u00fcn, alt\u0131n bo\u011falar\u0131n\u0131n gerekeni yapamad\u0131\u011f\u0131 “bir ba\u015fka f\u0131rsat” oldu\u011funu da s\u00f6zlerine ekledi.<\/p>\n Yasal<\/em><\/strong> Uyar\u0131:<\/strong> Barani Krishnan, hakk\u0131nda yazd\u0131\u011f\u0131 emtia ve menkul k\u0131ymetlerde pozisyon sahibi de\u011fildir.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":" Yazar \u2013 Barani Krishnan Investing.com \u2013 Piyasalar d\u00fc\u015f\u00fc\u015fteyken a\u015f\u0131r\u0131 d\u00fczeltme, \u00e7\u0131karken de a\u015f\u0131r\u0131 y\u00fckselme e\u011filiminde olur. \u00c7in’in COVID-19 …<\/p>\n","protected":false},"author":6,"featured_media":68852,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15],"tags":[1773],"class_list":["post-68851","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-genel","tag-petrol"],"yoast_head":"\n