一闪一闪亮金金 - Driving the glittering gold trade
@Thomaspoh:
By Thomas Poh – 7 Apr 2020 www.pzhconsultants.com “自古在动荡不安之时,大家都择良而栖。所以在这时,大家为了避险也选择买黄金” “The age old flight-to- quality trade of hoarding gold during times of crisis stands true again” Gold futures prices have shot through the roof again. CME COMEX gold futures just hit a high of 1742.60 today. The motivation for the gold trade is compelling. The age old flight-to- quality trade of hoarding gold during times of crisis stands true again. However, 2 other factors help to push this rally. 黄金期货价格在今天的交易中再次飙升。 CME COMEX黄金期货今天触及1742.60的高位。 黄金价格涨幅是因以下的三个强力的推动因素。第一,自古在动荡不安之时,大家都择良而栖。所以在这时,大家为了避险也选择买黄金。 “probability of negative US interest rates is no longer a far-fetched idea “美国利率陷入付利率的情景以不再是一个不可能的状况” The cutting of Fed Funds rate to zero makes gold, a zero return asset, attractive from a relativ