I am a nobleman in England

Both Arthur and Smith understand that the rise in gold prices is actually a monetary phenomenon.

And now most people who are bullish on gold hold this same view.The rise in gold is because after the financial tsunami, countries opened the gates and released money and printed money, which caused the currency to overflow.

However, this view is not entirely correct. If you just keep your eyes on the events after the subprime mortgage crisis, you may be a bit biased.

From 2001 to 2008, the price of gold rose from US$250 per ounce to US$1,032 per ounce, an increase of more than 300%.Over the years, while the price of gold has been rising, the overall debt level of the Bald Eagle and the total assets of the Fed's balance sheet have also skyrocketed.

Of course, the bald eagle treasury bonds and the skyrocketing balance sheet of the Federal Reserve are not isolated cases. In the euro zone, most member states have deficit levels that have exceeded the red line set by themselves, so the debt problems of European countries are only now appearing.

Britain and the foot basin are also high in debt, especially the ratio of debt to the gross national product of the foot basin has nearly doubled. The economic recession that has lasted for more than 20 years since the bubble economy burst at the end of the 1980s seems to be still plagued by the foot basin. ...

From 2001 to the present, gold has achieved a very considerable increase in all currencies. In fact, it is not so much that gold is appreciating, it is better to say that currency is depreciating, and this process has started as early as the beginning of the century!

In fact, Arthur also found a very interesting thing, that is, as an investment product, gold is often criticized. From time to time, some people question gold as an investment product. In particular, the higher the gold price, the more intense the debate on the gold bubble theory. Among them, there are many influential figures in the investment market and important figures from various countries, such as Warren Buffett, Soros and so on.

Even if the gold price of more than US$1,100 is still far below the inflation-adjusted 1980 gold price high of US$2,300 per ounce, even if this round of big increases caused the total price of gold to rise by more than 300%, much more than most The imagination and benefits of investors, experts and even masters...

Even more interesting is Warren Buffett, who threw out the idea of ​​"Gold is a JI that won't lay eggs".He has bought a large amount of silver since the second half of the 1990s, and his position once reached two-thirds of the silver long position in the entire US capital market.

Not to mention that silver is not the same as gold as a "chicken that will not lay eggs"?

When Berkshire Hathaway's stock price plummeted during the Wall Street stock market crash in 2008, it was precisely because of the purchase of such a huge amount of silver that the stock god relied on the silver bull market to reverse the situation.

(I would like to say one more thing here. At the moment, countries all over the world are scrambling to buy hoarding gold. As for the value of the banknotes in hand, I believe everyone knows each. Rather than taking money to stock stocks, it is better to buy some gold and store its value. ...)

After the financial tsunami triggered by the subprime mortgage crisis, many countries such as the Bald Eagle adopted the method of printing banknotes to solve the dilemma. The proliferation of global banknotes is unprecedented. If gold is a bubble, then banknotes are a bigger bubble!

"Actually, you and I know that even now, gold investment is far from being as hot as everyone thinks. It is not appropriate to describe it as a bubble. However, given the situation since last year, I think 2010 will be the next round. The best performance and most glorious year since the bull market of gold!" Arthur leaned comfortably in the boss chair, looking at Smith with a relaxed expression.

Smith nodded and said: "I did waver in the debate about the gold bubble before, but the newly appointed financial chief Chen expressed support for the depreciation of the yen and further stimulus measures at the beginning of his inauguration on the 7th, which caused a strong market reaction. After that, I no longer question the rising trend of gold.

Because from a historical perspective, it is not without precedent that the big bang of the yen exchange rate is not without precedent in the case of economic downturn and failure of macroeconomic policies.As early as the financial crisis in 1998, as an economic power, the footbass unscrupulously opened the depreciated "Pandora's box" and safeguarded its own interests at the expense of other countries.

Today, with the help of the USD/JPY exchange rate constantly breaking new historical records, the next step of the policy is undoubtedly the focus of the market.If you really take the lead in opening the magic box, other countries will inevitably follow up. At that time, all currencies will depreciate, and gold is undoubtedly the best hedging tool."

"Hehe, for us, the depreciation of the yen is a good thing." Arthur smiled and picked up the coffee cup on the desk. After taking two sips, he continued: "Actually, as long as we implement the plan we only make Yes, in the financial market, there are too many types of investment and projects. We don't have so many manpower and financial resources to choose too much. Focusing on two or three items is enough for us to make huge profits.

There is no way to make money in this world. By the way, this time I went to Tianchao and found several interesting companies. Among them, there is a website called Netease, which was listed in the United States very early. Several online games owned by online companies have great potential. I feel that I can spend some of the money to buy some of its stocks. I think the future harvest will be very good."

"Netease? A portal site for online games?" Smith asked again with some uncertainty.

"Well, the penetration rate of personal computers on the Chinese side is very high. PC online games are the absolute mainstream. The number of online game players is at least about 200 million people. The market is very large. This Netease company also won the " The exclusive right to operate World of Warcraft."

As soon as he heard "World of Warcraft", Smith nodded suddenly and said: "That's it, then how much do you invest, boss?"

"Let’s buy ten million dollars first." As a former dream player, Arthur naturally knows how powerful Sanshi’s money-making technology is. Don’t look at the Internet world where Sanshi and Netease have always been The existence of the "exquisite style of painting" in the Internet circle has always been tepid, and it always gives the impression of being late.

But its stock price rarely rises or falls sharply, most of the time it is in an upward channel.The games under its banner are even more demanding for money. The problem is that they are still enduring. As far as the profitability of the game is concerned, it is really not much worse than the fat penguin.

Really, don't use the silent crocodile as a gecko!

"Kakka-"

"Okay, okay, that's it—"

"Kakka-"

"It's great! You can take a group..."

In the studio, the photographer looked at the photos on the camera, with a smile of satisfaction and long hair fluttering, with heavy makeup, and Emily Shaw in a bikini made an OK gesture.

And Emily, who had been helped by her assistant to put on her nightgown, walked quickly to the dressing room. In the dressing room, she quickly changed her clothes while asking the assistant outside, "What time is it?"

"Three thirty five."

"Is this the last one?"

"Yes. The last set."

Emily changed into the last set and turned into Carmi White in "Street Fighter". After walking out of the locker room, she found the photographer and said: "The last set, I hope I can shoot faster, I have something to do."

"No problem." The photographer agreed very well.

"Thank you." Emily thanked her with a smile. Although her current popularity can ignore the other unknown photographer, but since she has signed a contract with the swimsuit company, she has the responsibility to cooperate with the other party to take good promotional photos .She didn't want to mess up the fame she finally had.

Thinking of this, she couldn't help but think of Arthur, who made her popular and became a new baby with a sense of sex. Thinking of meeting soon, she couldn't help but flash in her eyes. She can have the popularity and fame today. Thanks to Arthur for making her a saint football baby, especially the set of Christmas-themed photos taken, she became popular.

Although this is mainly because her own conditions are good enough and talented, but without Arthur's help to promote and praise in the media, she would not have become so fast.

Thank you so much!

Emily's pretty face showed a charming smile, and she whispered in an imperceptible voice.

"Okay, that's it, keep this smile!"

"Kakka-"