Precious metals news has ulterior motives

Precious metals news has ulterior motives

Chongqing Morning News repoPrecious metals news has ulterior motivesrted that after the domestic market was closed for three days, gold and other precious metals trading markets opened again today. Yesterday, the Asian market stabilized and rose in early trading, holding on to the gains of last Friday (4th). Prior to this, the weak US employment report caused the market to worry about the slowdown of the US economic recovery, and the falling US dollar also provided support.

Third, we must choose appropriate gold investment channels based on our own risk tolerance and investment capabilities. For most ordinary investors, gold should become a component of asset allocation and should not rashly participate in risky leveraged transactions. Jiang Shu reminded that most domestic investors are most familiar with stocks, but stocks are low-risk investments without leverage and do not require investment techniques such as subsequent capital management and capital injection. Some inexperienced investors rushed to participate in gold futures and gold deferred products. , Due to poor position control and unreasonable leverage, losses are often unbearable.

On March 1, the reporter saw in the gold jewelry stores in major shopping malls in the provincial capital that the price of gold jewelry had fallen to the range of 380 yuan to 408 yuan per gram, which was about 30 yuan lower than that in December last year. For example, the price of Chow Tai Fook gold bars is 396 yuan / gram, and the price of pure gold jewelry is 404 yuan / gram, and just before the Spring Festival, the price of pure gold jewelry is still more than 430 yuan per gram.

However, the market will always be divided. A researcher from Tianxinyang Investment Company said that the current gold price has broken away from the mechanism of price fluctuations that has been built this year, showing an unusual short-selling market. The person said: The real purpose of the devaluation of the U.S. dollar is mainly that the U.S. government urgently needs to reduce debt through devaluation. How long can this passive decline last? Therefore, the current US dollar index cannot fully reflect the weakness of the US dollar, because its structure does not include the currencies of the two emerging economies, the RMB and the ruble.

Although the U.S. real estate market has recently shown a downturn due to the subprime mortgage crisis and home sales have fallen sharply, it’s not that Americans don’t want to buy a house. It’s that increasingly stringent loan standards have prevented many buyers from staying outside the market , Loans become difficult, and house sales are naturally greatly affected. In fact, in the eyes of Americans, whether to pay rent or to pay mortgage, there is no doubt that they will choose the latter. Buying a house for retirement is a deeply rooted investment rule in the United States. Specifically, the United States is a country that encourages consumption, but buying a house is more cost-effective than renting, and buying a house is exempt from personal income tax.

The author believes that the central bank can take advantage of the short-selling energy of international investment bPrecious metals news has ulterior motivesanks, take advantage of each gold price drop, especially a sharp drop, to increase its holdings of physical gold on a large scale, insist on simultaneous purchases in both the spot market and the futures market, and focus on firm offers . In this process, don't be afraid of super short orders from international investment banks. The lower the price of gold, the more you buy. No matter how much gold they sell, we can accept the order and deliver it all.

International spot gold on Tuesday (24th) in Asia rose to a high of nearly two weeks in early trading, because the market is worried about the European sovereign debt crisis or spread. It had previously hit an intraday high of $1,517.99 per ounce, which was also the peak since May 11. However, the price of gold is still not as high as the historical high of about $1,575 per ounce set in early May.

In Asian markets on Monday (January 20), the euro against the dollar set a nearly eight-week low, due to rumors of a downgrade in Germany to be confirmed; the pound fell slightly against the dollar, short-term attention to this week's unemployment rate and central bank minutes; The yen fell below the 104 mark, and the market outlook is concerned that the Bank of Japan will announce its interest rate decision this week.