{"id":5722,"date":"2011-09-29T03:06:18","date_gmt":"2011-09-29T00:06:18","guid":{"rendered":"http:\/\/www.bilgeyatirimci.com\/?p=5722"},"modified":"2011-09-29T03:08:37","modified_gmt":"2011-09-29T00:08:37","slug":"paraanavataninda","status":"publish","type":"post","link":"https:\/\/www.bilgeyatirimci.com\/i\/paraanavataninda\/","title":{"rendered":"Para,Anavatan\u0131nda"},"content":{"rendered":"<p><a href=\"http:\/\/www.bilgeyatirimci.com\/wp-content\/uploads\/2011\/07\/\u00f6merdemir.jpg\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-medium wp-image-2414\" src=\"http:\/\/www.bilgeyatirimci.com\/wp-content\/uploads\/2011\/07\/\u00f6merdemir-225x300.jpg\" alt=\"\" width=\"203\" height=\"270\" srcset=\"https:\/\/www.bilgeyatirimci.com\/wp-content\/uploads\/2011\/07\/\u00f6merdemir-225x300.jpg 225w, https:\/\/www.bilgeyatirimci.com\/wp-content\/uploads\/2011\/07\/\u00f6merdemir-768x1024.jpg 768w, https:\/\/www.bilgeyatirimci.com\/wp-content\/uploads\/2011\/07\/\u00f6merdemir-300x400.jpg 300w, https:\/\/www.bilgeyatirimci.com\/wp-content\/uploads\/2011\/07\/\u00f6merdemir-37x50.jpg 37w, https:\/\/www.bilgeyatirimci.com\/wp-content\/uploads\/2011\/07\/\u00f6merdemir.jpg 1772w\" sizes=\"auto, (max-width: 203px) 100vw, 203px\" \/><\/a>2008 \u00a0ortalar\u0131nda Fannie Mae ve Freddie Mac gibi Mortgage kurulu\u015flar\u0131n\u0131n iflas\u0131 ile ba\u015flayan s\u00fcre\u00e7, sonralar\u0131 ABD ekonomisinin\u00a0 asla batmaz denilen yat\u0131r\u0131m bankas\u0131\u00a0 Lehman Brothers \u2018\u0131n \u2018\u2019s\u0131f\u0131r\u0131 t\u00fcketti\u011fi \u00a0\u2018\u2019y\u00f6n\u00fcndeki a\u00e7\u0131klamalar\u0131 ile domino etkisi yaratm\u0131\u015f ,d\u00fcnya ekonomilerinin y\u0131llarca hal\u0131 alt\u0131na s\u00fcp\u00fcr\u00fclen eksiklerini g\u00f6zler \u00f6n\u00fcne \u00e7\u0131kartm\u0131\u015ft\u0131. \u0130lk tedbir, krizi ihra\u00e7 eden ABD \u2018den geldi. Amerikan Merkez Bankas\u0131 kurulu\u015f tarihi olan 1913\u2019den bu y\u0131la kadar 100 y\u0131lda arz etti\u011fi para miktar\u0131\u00a0 olan 1 trilyon dolar\u0131 iken ,QE1-QE2 programlar\u0131 ile 2008-2011 y\u0131llar\u0131 aras\u0131nda 2 trilyon dolar arz etmesi ilk tedbirlerdendi. 2010 y\u0131l\u0131nda ortal\u0131k sakinle\u015fmi\u015f g\u00f6r\u00fcn\u00fcyordu ,\u00e7arklar yeniden d\u00f6nmeye ba\u015flam\u0131\u015f, risk i\u015ftah\u0131 da art\u0131yor borsalar ise ge\u00e7en y\u0131l verdi\u011fi kay\u0131plar\u0131n\u0131 geri al\u0131yordu. Hatta\u00a0 geli\u015fmi\u015f \u00fclkeler b\u00fcy\u00fcmeyi daha da h\u0131zland\u0131rmaya \u00e7al\u0131\u015f\u0131rken ,aralar\u0131nda T\u00fcrkiye\u2019nin de bulundu\u011fu geli\u015fmekte olan \u00fclkelere akan s\u0131cak paran\u0131n etkisi ile \u00fclkeler b\u00fcy\u00fcmelerini dizginleyeme yollar\u0131n\u0131 ar\u0131yorlard\u0131. Aradan ge\u00e7en 3 y\u0131lda krizin varl\u0131\u011f\u0131 kabul edilse de ard\u0131ndan d\u00fczelmenin V,L \u015feklinde mi yoksa W \u015feklindemi olaca\u011f\u0131 y\u00f6n\u00fcnde bir\u00e7ok \u00f6ng\u00f6r\u00fclerde bulunulmu\u015ftu. 1929 dan bu yana en k\u00f6t\u00fcs\u00fc denilen bu s\u00fcre\u00e7te,d\u00fcnya ekonomisinin\u00a0 2008 \u2018den daha k\u00f6t\u00fc oldu\u011funu g\u00f6steriyor. 2008 \u2018de batan bankalar\u0131n yerini 2011 de Avrupa\u2019da batan\u00a0 \u00fclkeler al\u0131yor.<strong>\u00a0<\/strong><\/p><div class=\"bilge-yaziust\" style=\"margin-top: 10px;margin-bottom: 10px;\" id=\"bilge-1091468107\"><ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-7495567325667578\"\r\n     data-ad-slot=\"9580705384\"\r\n     data-ad-format=\"rectangle\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n(adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div>\n<p>&nbsp;<\/p>\n<p><strong>Alt\u0131n<\/strong><\/p>\n<p>&nbsp;<\/p>\n<p><strong><\/strong><a href=\"http:\/\/www.bilgeyatirimci.com\/wp-content\/uploads\/2011\/09\/goldbuy.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-medium wp-image-5724\" src=\"http:\/\/www.bilgeyatirimci.com\/wp-content\/uploads\/2011\/09\/goldbuy-218x300.png\" alt=\"\" width=\"218\" height=\"300\" srcset=\"https:\/\/www.bilgeyatirimci.com\/wp-content\/uploads\/2011\/09\/goldbuy-218x300.png 218w, https:\/\/www.bilgeyatirimci.com\/wp-content\/uploads\/2011\/09\/goldbuy-290x400.png 290w, https:\/\/www.bilgeyatirimci.com\/wp-content\/uploads\/2011\/09\/goldbuy-36x50.png 36w, https:\/\/www.bilgeyatirimci.com\/wp-content\/uploads\/2011\/09\/goldbuy.png 327w\" sizes=\"auto, (max-width: 218px) 100vw, 218px\" \/><\/a>2011 \u2018e 1,421 $ ons\/dolardan ba\u015flayan alt\u0131n, y\u0131l i\u00e7i g\u00f6rd\u00fc\u011f\u00fc t\u00fcm zamanlar\u0131n en y\u00fcksek rakam\u0131 olan 1923.70 dolar\/ons ile (5 EYL\u00dcL 2011) y\u0131lba\u015f\u0131ndan o g\u00fcne dolar baz\u0131nda %34 ,TL hesaplar\u0131na g\u00f6re %60 oran\u0131nda yat\u0131r\u0131mc\u0131s\u0131na 9 ayda kazan\u00e7 getirdi. \u2028G\u00fcm\u00fc\u015f\u2028\u00a0ise \u00a02011\u2019e ba\u015flad\u0131\u011f\u0131 31 $\u2019l\u0131k fiyattan\u00a0 y\u0131l i\u00e7inde (28 N\u0130SAN 2011\u00a0)\u00a0\u00a0g\u00f6rd\u00fc\u011f\u00fc \u00a0\u00a048 $\u2019a var\u0131ncaya kadar yat\u0131r\u0131mc\u0131s\u0131na dolar baz\u0131nda %55 ,TL baz\u0131nda ise %80 lere varan getiriler verdi. Tabi nokta at\u0131\u015fl\u0131 zirve rakamlar\u0131n\u0131n yakalanmas\u0131 neredeyse imkans\u0131z oldu\u011fu i\u00e7in\u00a0 gerilmi\u015f olan emtia piyasas\u0131nda karlar\u0131 da zararlar\u0131 da k\u0131sa tutma prensibibi bir kez daha \u00f6\u011fretti. Alt\u0131n fiyatlar\u0131n\u0131 balon rakamlara ta\u015f\u0131yan fakt\u00f6rlerden biri olan \u00c7in ekonomisinin b\u00fcy\u00fcmesi ,\u00c7in enflasyonun y\u00fckselmesi \u00a0gibi endi\u015ferin ,\u00c7in taraf\u0131ndan gelen daralma haberleri ile tezat olu\u015fturmas\u0131 ve ABD \u2018nin Twist operasyonu ile \u2018\u2019paray\u0131 anavatan\u0131na\u2019\u2019 \u00e7ekme senaryosu alt\u0131na sat\u0131\u015f getiren bir neden oldu. 1923.7 Ons fiyat\u0131n\u0131n \u00e7ok de\u011fil 3 haftada 1600 dolara gerilemesi dolar ile alt\u0131n alan yat\u0131r\u0131mc\u0131n\u0131n ciddi zararlar etmesine neden oldu .Dolar ile diyorum \u00e7\u00fcnk\u00fc Dolar \/TL kurundaki y\u00fckseli\u015f ile ,TL\/alt\u0131n paritesinde d\u00fc\u015f\u00fc\u015fler s\u0131n\u0131rl\u0131 kald\u0131,ama dolar ile alt\u0131n alan yat\u0131r\u0131mc\u0131 gram\u0131nda 10 dolar ,bir kilo da ise zirvesine g\u00f6re 10 bin dolar, y\u0131lba\u015f\u0131na g\u00f6re \u2018\u2019kardan zarar\u2019\u2019 etti. Alt\u0131n\u2019da ki h\u0131zl\u0131 d\u00fc\u015f\u00fc\u015f\u00fcn bir sebebi ise yat\u0131r\u0131mc\u0131lar\u0131n pozisyon al\u0131rken zarar\u0131 durdurmak ad\u0131na verdikleri stop-loss emirleri oluyor. Ancak ortada bir ger\u00e7ek var ki ,emtia fiyatlar\u0131n\u0131n bu derece h\u0131zl\u0131 d\u00fc\u015f\u00fc\u015f\u00fc bir krize i\u015faret eden beklentiyi de besledi \u00a0denebilir. Peki krizin geliyor olu\u015fu alt\u0131n\u0131n onsuna yeni zirveler neden yazd\u0131rm\u0131yor? sorusu akl\u0131n\u0131za gelebilir. Sorunun yan\u0131t\u0131 ABD\u2019nin Twist Operasyonu ile ba\u015flatt\u0131\u011f\u0131 b\u00fct\u00e7e a\u00e7\u0131klar\u0131n\u0131 kapat\u0131p kemer s\u0131kma politikas\u0131n\u0131n sonucu faizlerin k\u0131sa s\u00fcreli d\u00fc\u015fmesinden kaynaklan\u0131yor. \u0130\u015fte k\u0131sa vadeli faizlerin d\u00fc\u015f\u00fc\u015f\u00fc bu etkiyi yarat\u0131yor ama ilerleyen zamanlarda ihtimal dahilindeki bir politika de\u011fi\u015fikli\u011fi ile uzun vadeli faizlerin y\u00fckseli\u015fi bu kez alt\u0131n\u0131 1900 dolarlar seviyesinin \u00e7ok \u00e7ok \u00fczerine ta\u015f\u0131yabilecek bir ihtimal olarak alt\u0131n yat\u0131r\u0131mc\u0131s\u0131n\u0131n hep akl\u0131nda kalmas\u0131 gerekli. K\u0131saca uzun vadeli alt\u0131n almadan ABD faizlerine mutlaka bir g\u00f6z at\u0131n.<\/p>\n<p><strong>Yeni moda;<\/strong>\u2028<strong> Avrupa\u2019ya ak\u0131l vermek<\/strong><\/p>\n<p><a href=\"http:\/\/www.bilgeyatirimci.com\/wp-content\/uploads\/2011\/09\/EU\u00f6merdemir.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-medium wp-image-5723\" src=\"http:\/\/www.bilgeyatirimci.com\/wp-content\/uploads\/2011\/09\/EU\u00f6merdemir-300x209.png\" alt=\"\" width=\"300\" height=\"209\" srcset=\"https:\/\/www.bilgeyatirimci.com\/wp-content\/uploads\/2011\/09\/EU\u00f6merdemir-300x209.png 300w, https:\/\/www.bilgeyatirimci.com\/wp-content\/uploads\/2011\/09\/EU\u00f6merdemir-500x348.png 500w, https:\/\/www.bilgeyatirimci.com\/wp-content\/uploads\/2011\/09\/EU\u00f6merdemir-71x50.png 71w, https:\/\/www.bilgeyatirimci.com\/wp-content\/uploads\/2011\/09\/EU\u00f6merdemir.png 644w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a>Bu hafta sonu \u2018\u2019krizin \u00e7\u0131kt\u0131\u011f\u0131 \u00fclkede\u2019\u2019 yap\u0131lan IMF\/D\u00fcnya Bankas\u0131 toplant\u0131lar\u0131ndaki en \u00f6nemli ve en \u00e7ok tart\u0131\u015f\u0131lan g\u00fcndem, \u201cAvrupa\u2019n\u0131n nas\u0131l kurtulaca\u011f\u0131\u201d oldu. Toplant\u0131da konu\u015fan IMF\u2019in ilk kad\u0131n ba\u015fkan\u0131 Christian Lagarde\u2019in \u201cd\u00fcnya ekonomisindeki durgunluk ve k\u00fc\u00e7\u00fclmeye do\u011fru giderek artan risklerin var oldu\u011fu, d\u00fc\u015f\u00fck b\u00fcy\u00fcme h\u0131zlar\u0131n\u0131n 2008 krizinin devam\u0131 oldu\u011funu belirten a\u00e7\u0131klamas\u0131 g\u00f6ze \u00e7arpan a\u00e7\u0131klamalardan biriydi.<strong> <\/strong>Yine hafta i\u00e7i<strong> <\/strong>Ba\u015fkan Barack Obama\u2019n\u0131n ba\u015fkanl\u0131k se\u00e7imi i\u00e7in ba\u011f\u0131\u015f toplamak amac\u0131yla d\u00fczenlenen sosyal etkinlikte yapt\u0131\u011f\u0131 konu\u015fmada &#8221;Euro B\u00f6lgesi&#8217;nin bor\u00e7 krizinin d\u00fcnyay\u0131 korkuttu\u011funu&#8221;, Arap Bahar\u0131 olarak adland\u0131r\u0131lan halk hareketlerinin enerji fiyatlar\u0131n\u0131 y\u00fckseltmesi ve Avrupa \u00fclkelerinin finansal ekonomi konusundaki kayg\u0131lar dahil d\u00fcnyadaki \u00e7e\u015fitli sorunlar y\u00fcz\u00fcnden ABD ekonomisinin toparlanmas\u0131n\u0131n bu y\u0131l olumsuz etkilendi\u011fini ,Avrupa&#8217;n\u0131n, 2008\u2019de ki finansal krizden sonra tam olarak iyile\u015fmedi\u011fini ve bankac\u0131l\u0131k sisteminin kar\u015f\u0131 kar\u015f\u0131ya oldu\u011fu g\u00fc\u00e7l\u00fcklerin hi\u00e7bir zaman tam olarak \u00fcstesinden gelmedi\u011fini, \u015fimdi bu krizin Yunanistan&#8217;\u0131n bor\u00e7 kriziyle birle\u015fti\u011fini a\u00e7\u0131klamas\u0131 ak\u0131lllara\u2018\u2019yumurtam\u0131 tavuktan, tavukmu yumurtadan\u2019\u2019paradoksunu getiriyor. Ne demi\u015fler ;i\u011fneyi kendine bat\u0131r \u00e7uvald\u0131z\u0131 ba\u015fkas\u0131na!<\/p>\n<p><strong>Efsane geri d\u00f6nd\u00fc<\/strong><\/p>\n<p>T\u00fcrkiye\u2019de ki f\u0131rt\u0131na ise, geli\u015fmekte olan \u00fclkelerde oldu\u011fu gibi yerel para biriminin ABD dolar\u0131na kar\u015f\u0131 irtifa kaybetmesi ile s\u00fcr\u00fcyor. TL\u2019nin dolar kar\u015f\u0131s\u0131nda g\u00f6r\u00fclmemi\u015f rekor seviyeleri test etmesi , T\u00fcrkiye i\u00e7in krizlerin de\u011fi\u015fmez oyuncusu dolar\u0131 tekrar sahalara \u00e7a\u011f\u0131rd\u0131. Kur sepetinin A\u011fustos ay\u0131 ba\u015f\u0131ndaki seviyeleri zorlamas\u0131 ve uyuyan dev dolar\u0131n uyan\u0131\u015f\u0131 T\u00fcrk halk\u0131n\u0131 bu kez krizmi geliyor endi\u015felerine s\u00fcr\u00fcklemedi. \u00c7\u00fcnk\u00fc sorunun kayna\u011f\u0131n\u0131n T\u00fcrkiye \u00f6zelinde ki bir s\u0131k\u0131nt\u0131dan kaynaklanmad\u0131\u011f\u0131n\u0131 art\u0131k t\u00fcm ekonomi kesimi anlad\u0131.<\/p>\n<p><strong>\u00d6mer Demir<\/strong><\/p><div class=\"bilge-content-1\" style=\"margin-top: 10px;margin-bottom: 10px;\" id=\"bilge-4061382218\"><ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-7495567325667578\"\r\n     data-ad-slot=\"3167340272\"\r\n     data-ad-format=\"rectangle\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n(adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>2008 \u00a0ortalar\u0131nda Fannie Mae ve Freddie Mac gibi Mortgage kurulu\u015flar\u0131n\u0131n iflas\u0131 ile ba\u015flayan s\u00fcre\u00e7, sonralar\u0131 ABD ekonomisinin\u00a0 asla batmaz denilen yat\u0131r\u0131m bankas\u0131\u00a0 Lehman Brothers \u2018\u0131n&hellip;<\/p>\n","protected":false},"author":1,"featured_media":5725,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-5722","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tumyazilar"],"_links":{"self":[{"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/posts\/5722","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/comments?post=5722"}],"version-history":[{"count":0,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/posts\/5722\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/media\/5725"}],"wp:attachment":[{"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/media?parent=5722"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/categories?post=5722"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/tags?post=5722"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}