The Truth Of "China'S Aunt Wins The Wall Street": Robbing Gold Is Not Equal To Gold Investment.

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< p > "chest is valiant", "goddess of the air", aunt gold grab, drink rice porridge, with pickles, is full of fragrance.

China's great aunt, angry with Soros, defeated Goldman Sachs to defeat Morgan's ambitious wolf! "God is not afraid of land, gold is not afraid to move home, Buffett, what is the biggest aunt."

Micro-blog's original doggerel, signed by director Gao Xiaojian, has been reprinted nearly 14 thousand times in 2 days.

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< p > the fluctuation of the gold price in the early stage awakened the enthusiasm of the Chinese market for gold purchase, while the golden adventure between the investment crocodile and < a href= "http://sjfzxm.com/news/index_c.asp" > China's aunt < /a > after the enlargement of the network, more and more bands became banter.

In fact, buying gold is not the same as gold investment in the capital market. Aunt and big brother are not playing chess on the same level.

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< p > < strong > traditional consumption enthusiasm < /strong > < /p >

P > no book, Beijing time April 16th golden period price single day plunged, coinciding with the "may one" small long holiday on the eve of the domestic.

The statutory holidays such as the Spring Festival and national day have always been the "window period" for domestic investors to focus on gold.

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< p > public information shows that in the traditional selling season such as new year's day and new year's day, no matter the price is up or down, the sale of physical gold is 100 million yuan, and gold investment is the most direct preference of Chinese general public investors.

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< p > Shanghai and Aunt Zhang, who rush to buy from Hongkong, used "terror" to describe the experience of buying gold in Hongkong. "Gold bars, gold coins or BRICs were robbed of them, and hundreds of thousands of pounds of gold were bought to buy gold. Many tourists queued up early in the morning. If the decision is slow, they may not be able to buy them. Many gold shops are sold out of signs."

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< p > Aunt Zhang successfully won a pair of gold bracelets. Her reason is that "after all these years, I only heard about the price increase of gold, and when there is little fall, gold is worth keeping."

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< p > in fact, there is a certain misunderstanding in the domestic financial market environment.

Analysts told reporters that the gold price is negatively related to the US dollar index and has a certain value preservation function for the US dollar, which is why the Central Bank of the world will hold a certain scale of gold reserve, but there is no direct correlation with the RMB. If we are worried that domestic inflation will cause RMB depreciation and hold gold value, this desire is misled by the traditional concept of gold assets.

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< p > based on the above logic, igniting the domestic "a href=" http://sjfzxm.com/news/index_cj.as "grab gold tide /a >" enthusiasm source is nothing more than traditional gold consumption and investment, but as an investment commodity for family or individual investors, insiders say they are not optimistic about the investment property of physical gold.

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< p > < strong > grab gold, do not keep value < /strong > < /p >

< p > "it is not a good decision to buy physical gold with the investment desire in the spot market now."

Hongyuan futures analyst Feng Haihong told reporters that jewellery gold is basically a consumer product. As an investment product, there is a premium in terms of technology. Recycling will also give a more serious discount on the original price. If it is a gold bar or a BRIC, it can be bought through the store or from the banking channel, and the discount of the realized discount is slightly smaller than that of the jewellery. Taking into account the possible custodial fees and the inflation depreciation of the currency, it is very difficult to achieve profit. It is necessary to have long-term investment preparations for decades of storage. In a sense, the value of real gold lies in the reserve of currency risk rather than profit oriented investment.

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< p > some people have calculated that after the outbreak of the Iran Iraq war in 1980, the price of gold was 850 US dollars per ounce, which is equivalent to 2400 US dollars today. Apart from the devaluation factor, the high price of gold does not have the actual value of preservation. The so-called "ten year bull market" is nothing more than monetary significance, especially its main link with the US dollar.

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< p > gold investment nowadays mainly refers to the trading of financial derivatives, such as investment futures, long-term swap pactions, interbank paper gold, and so on.

Feng Haihong said that these pactions are different from buying gold bricks and gold jewelry in gold shops. There is no special relationship between them. Investors should choose the most suitable gold products according to their own risk preference, financial strength and investment ability.

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< p > for example, the popularity of paper gold business in recent years is due to the interest rate difference between banks, and the paction cost is slightly higher than the physical swap and forward trading of Shanghai futures exchange and Shanghai gold exchange. The margin trading of gold futures allows investors to have more flexible cash positions and levers. "In the current environment where gold price fluctuation is increasing, physical gold trading is not necessarily a good investment opportunity, and it is not recommended that individuals blindly enter the market and make more copies."

She said that taking into account the fundamentals in the short term and other factors, the rebound in gold prices can not rule out the possibility of its "two bottom", investors can try short selling short.

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< p > < strong > < a > href= > http://sjfzxm.com/news/index_cj.as > > gold investment > /a > caution < /strong > /p >

< p > the increase in the price range caused by the fluctuation of gold price has made more and more professional investors see the profit space.

Since mid April, the Shanghai Futures Exchange's Shanghai gold futures trading volume has been significantly enlarged. "This is the confidence game between the two sides. Apart from the two big shocks in the past ten years and the short term, the fluctuation of the gold price is still within the normal range," said the Shanghai futures exchange.

Feng Haihong believes that the weakening of hedge fundamentals and the sell-off between institutions are the trigger for this gold price fluctuation.

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As of P, New York gold futures closed up 0.56% in June, at $1454.30 an ounce on Thursday, Beijing. In the first two weeks, the index fell to $1320 an ounce. In June,

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Taking into account the uncertainty of the US economic data and the prospect of recovery, the Federal Reserve decided to maintain ultra-low interest rates and the existing measures to ease monetary stimulus. The extremely radical monetary policy of the Central Bank of Japan and the monetary environment of the world's major economies entered the era of "not the most relaxed and only looser", which will theoretically support the price of gold. P

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< p > however, with the continued weakness of the eurozone data, which indicates that the economic growth is sluggish, the European Central Bank may further lower the interest rate market expectations, and the euro callback will cause the US dollar to rise and pressure on the trend of gold prices. Many institutions offer "high altitude" investment advice.

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< p > the Shenyang Wanguo Futures Research Institute recently pointed out that since the high point on Friday, gold has always been below the high point in recent trading days, and there has been a callback of more than 30 dollars. From the index analysis, there is a slight demand for technical rebound in the short term, but the market is mainly for retail investors and institutions to sell, and the gold price adjustment has not yet been completed.

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From the perspective of P position, although the New York gold trading in the COMEX period remained stable, the position of SPDR gold ETF continued to decline, and the tendency of the overall commodity market to remain empty remained unchanged, and the "weak recovery" in the macroeconomic aspect gave some "bad support".

Soochow futures also gave "prudent wait-and-see" investment advice.

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