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Gold Ten Years Bull Market End Gold Price Fell Again, Chinese Aunt Grab Gold Need To Be Careful

2013/5/17 8:46:00 28

Chinese AuntGold PriceBull Market

< p style= "text-align: left > > recent a href=" http://sjfzxm.com/news/index_s.asp "> gold price < /a > continued heavy fall, so that many Chinese mothers rushed into the market to seize the gold. However, with the gradual recovery of the US's economic recovery in the world's only superpower, market expectations for the Fed's withdrawal from QE continued to grow, and the dollar became stronger.

In this era of background, gold continues to fall is a big probability event, the recent crazily robbed gold, Tibet gold "Chinese aunt" especially with the purpose of catching the bottom speculation, hoping to make a big profit, we need to pay attention to the greater risks that may be faced in the future......

< /p >


< p > < strong > the recent price of gold has plummeted. China's aunt has frantically grabbed gold. < /strong > < /p >


< p style= "text-align: center" > img border= "0" alt= "align=" center "src=" /uploadimages/201305/17/2013051708470777721.jpg "/" < < > >


Since 2013, gold jewelry prices have been cut three times, and the cumulative reduction has exceeded 40 yuan per gram, < /p > P.


< p > from the first ten days of April, international gold prices went through two slump, directly from $1550 / ounce (about 307 yuan / gram) to 1321 dollars / ounce (about 261 yuan / gram).

< /p >


< p > with the collapse of the price of gold, the middle-aged consumers from China sniffed the opportunity to copy the bottom, and then launched a "grab gold" tide, sweeping hundreds of tons of gold in the mainland and Hongkong.

< /p >


< p > according to the data released by the National Bureau of statistics, the total retail sales of consumer goods in April 2013 totaled 17600 billion yuan, up 12.8% from the nominal level, up 0.2 percentage points from March.

Among them, sales of gold and silver jewelry reached 30 billion 300 million yuan, up 72.2% over the same period last year, and became the biggest bright spot.

< /p >


< p > since last Friday, the international gold price has dropped sharply again. In May 15th, New York gold has fallen for fifth consecutive trading days. The closing price has fallen below the US $1400 mark for the first time since April 19th, and has hit a recent 4 week low.

This lets many last month copy the bottom "Chinese aunt" quilt.

It is estimated that the 7%-25% is widely used.

If the cost of repurchase is counted, the rate of quilt cover exceeds 28%.

< /p >


< p > the price of gold is falling. For those who buy gold bullion for future needs, if they feel that the price is right, they can afford it, even if the price of gold continues to fall.

But some consumers who wish to make money from speculation will be locked up once the price of gold continues to fall. They will not only lose money, but will also suffer heavy losses.

< /p >


< p > < strong > US < a href= > http://sjfzxm.com/news/index_cj.as > > economy > /a > recovery gold ten years bull market end > /strong > /p >


< p style= "text-align: center" > /p >


< p style= "text-align: center" > img border= "0" alt= "align=" center "src=" /uploadimages/201305/17/2013051708470887622.jpg "/" < < > >


< p style= "text-align: center" > the US dollar has been supported by a comprehensive rise. The US dollar index has reached a new high of nearly 10 months, < /p >


< p > at present, with the gradual recovery of the US economic recovery which has been impacted by the financial crisis, the anticipation of the withdrawal of QE from the Federal Reserve has been increasing. The US dollar is still relatively strong.

< /p >


P, chairman of the Philadelphia Federal Reserve, warned on Tuesday that if the US Federal Reserve (FED) does not reduce asset purchases next month, it may damage its hard won reputation.

Proso reiterates that the strength of the US economic improvement is expected to support QE3's end by the end of the year.

< /p >


"P" this year, US stocks have been advancing all the way, and strong stock market performance has led to a further decline in the attractiveness of gold.

< /p >


< p > review a href= "http://sjfzxm.com/news/index_c.asp" > gold market < /a > in the past 10 years, we can see that gold has obvious bubble characteristics. This gold price drop will help to squeeze water out.

< /p >


< p > from 2002, the gold price began to rise due to the depreciation of the US dollar and the expansion of liquidity. It continued until 2013. During that period, the price of gold rose to nearly $2000 / ounce from 279 US dollars / ounce, and the gold price rose more than 6 times in 10 years.

With the recent slump, gold prices ended in ten years.

< /p >


At present, the US dollar has continued to rebound, and the US stock has even reached a new high. This has seriously weakened the investment attraction of gold, and the large fund has sold gold. In this bull market, the real gold price of the P is the investment demand of the organization.

Physical gold consumption represented by Chinese mothers is not sustainable.

Gold prices continue to fall in the future is a big probability event.

< /p >


Buffett, "P", has recently said that the price of gold has dropped sharply, but he has not done any gold trading.

Even if the price of gold drops to $1000 an ounce, or even $800, he will not be moved.

Once again, he reiterated that gold can no longer create value. Investors can only expect others to buy it at a higher price.

< /p >


< p > < strong > investment anxiety urges Chinese mothers to rush for gold "/strong > /p".


< p style= "text-align: center" > < strong > < img border= "0" alt= "" align= "center" src= "center" / "< < >


< p style= "text-align: center >" many experts continue to look at the trend of gold, and suggest that investors should match less, avoiding risks is the best policy. < /p >


< p > from the end of the 70s to the end of the last century, since China's reform and opening up, the economy has been growing rapidly for more than 30 years, and the income level of the Chinese people has been greatly improved. In addition, over the past 10 years, housing prices have risen rapidly, benefiting from this, some Chinese mothers who get rich first have a very strong purchasing power.

< /p >


< p > but for Chinese mothers, there is a lack of investment channels, and China's stock market is full of uncertainty. Especially after the stock market crash, ordinary investors dare not enter hastily.

Time deposits in banks are lower than those in the same period of inflation.

< /p >


< p > the most familiar area of Chinese mothers is the real estate that has been rising over the past 10 years. At the moment, because of strict macroeconomic regulation and control, there are many restrictive policies such as restriction and loan restriction in many cities.

The money in the hands of mothers is nowhere to go, and investment anxiety will naturally arise. When investment channels are relatively scarce, sudden plunging gold will become an important investment product in China's aunt's mind.

< /p >


< p > generally speaking, people buy and buy goods that they like and have value preservation function. While resisting inflation, they seek a psychological consolation. This is understandable and human nature.

Moreover, gold, with its long history as the most special metal, has its monetary function. In the context of the rising currency and geopolitical risks, the function of gold credit certificates is also increasing.

< /p >


< p > but people are rational, and inflation is the only way to keep money and money that is hard to earn. It is not only gold that can be done, but once gold opens the next wave of decline, the price of gold is only a small part of the bear market, and there may be more downturns in the future.

In this way, people's life is very limited. It is hard to say that the value of assets will be meaningless until the day it rebounds.

< /p >


< p > < strong > epilogue < /strong > < /p >


< p > gold ten years bull market has ended with the recovery of the US economy and the strength of the US dollar. The possibility that gold will continue to decline in the future is greater. The Chinese consumers who are preparing to copy the bottom need to be cautious.

< /p >

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