金價破3000美元!避險神話破滅?投資黃金的真相




金價突破每盎司3,000美元的歷史里程碑

上週,金價突破每盎司3,000美元,標誌著這一貴金屬持續上升的趨勢,主要受到安全避風港需求增加和去美元化趨勢推動。

雖然黃金一向被視為不確定性的對沖工具,但它的歷史表現卻顯示出更為複雜的現實。

杜克大學的教授坎貝爾·哈維(Campbell Harvey)將最近的價格飆升歸因於「去美元化和安全避風港需求」,他在LinkedIn上發文指出,自2022年11月以來,中國已將官方黃金持有量增加了15%,這可能是為了提升對人民幣的信心。

哈維寫道:「在不確定性加劇的時期,投資者會尋求他們認為能提供保護的資產,而黃金總是出現在這個名單上。」他引用了經濟政策不確定性指數,該指數跟踪與政策相關的經濟不確定性。

黃金作為安全避風港的歷史記錄是複雜的。在1987年的黑色星期一、1990年的海灣戰爭和2007-2009年的大蕭條期間,黃金價格上漲,但在1998年的亞洲金融危機和2020年的疫情熊市中卻未能保護投資者。

2021年至2022年期間,儘管通脹上升,黃金卻損失了超過6%,這突顯了它作為通脹對沖的局限性。

投資者也應考慮與黃金相關投資的細微差別。

SPDR黃金信託(NYSE: GLD)是最大的黃金ETF,跟蹤實物黃金,但其價格與淨資產價值(NAV)之間存在追蹤誤差。

在過去五年中,GLD的價格年回報率為12.2%,而其NAV則以11.5%的速度增長。雖然這一差異最近對投資者有利,但未來可能會反轉。

黃金的吸引力仍然強勁,但投資者應謹慎行事

黃金的吸引力仍然強勁,但其過去的表現和潛在風險表明,投資者應謹慎對待。

在2024年,許多投資者對於將更多資金投入股票感到不安。在不確定應該投資哪裡的情況下,可以考慮我們的經驗豐富的投資組合,尋找高潛力的機會。

僅在2024年,**ProPicks** AI已經識別出2隻股價上漲超過150%的股票,另外4隻股價上漲超過30%,還有3隻上漲超過25%。這是一個令人印象深刻的記錄。

我們提供針對道瓊斯股票、標普股票、科技股和中型股的投資組合,讓您探索各種致富策略。

在當前不穩定的經濟環境中,投資者應該更加謹慎地考慮黃金投資的風險與收益。黃金作為避險工具的地位雖然受到重視,但其歷史表現卻不一定能保證未來的成功。這使得投資者在進行黃金投資時,需仔細考量其風險,並尋找其他可能的投資選擇以分散風險。

以上文章由特價GPT API KEY所翻譯及撰寫。

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Create a sticker set maintaining 100% of the woman's original facial features from the provided image. Do not alter the face, focusing on ultra-realistic details of the facial structure, eyes, eyebrows, nose, mouth, and expression. The final face must be realistic, not cartoon-like. She has long, voluminous hair.
1. Makeup:Maintain Original Face: We will preserve the structure of your face, eyes, eyebrows, nose, mouth, and expression as closely as possible to the original image to maintain naturalness and uniqueness, while adjusting the tone to be softer:

Eyes: Slightly reduce the sharpness of the Cat Eye eyeliner to a thin line close to the lash line for a softer look, while still maintaining eye definition.
Eyeshadow: Use natural tones like light brown, peach, or beige.
Eyebrows: Original shape, but brushed up to look softer and more natural.
Lips: Glossy, pink-tinted, nude-pink, or coral-toned lipstick/tint to make the lips look full and moisturized. Focus on a bright but not overly intense look.
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Guidelines: Do not include a text box. Ensure balanced composition with sufficient white space—not cluttered. Match the pose to the text.
Emphasis: Reiterate 'maintain 100% of the original face features from the provided image,' 'ultra-realistic facial detail,' and 'professional studio lighting on face (realistic face, not cartoon face).

Use Cantonese in the stickers. A dynamic, ultra-realistic action shot of a snowboarder performing a high-air jump on a snowy mountain slope. The rider wears a bright green winter jacket, black snow pants, gloves, and a dark beanie, with reflective goggles catching the cold mountain light. A cloud of visible breath escapes from the rider’s mouth in the freezing air. Snow explodes upward from the snowboard, creating sharp, frozen particles suspended mid-air. The background features a dramatic high-altitude landscape with forested slopes and distant mountains under soft, cold blue lighting. Capture cinematic contrast, DSLR realism, 85mm lens, f/2.8, crisp details, slow-motion energy, dynamic composition, atmospheric depth, high-clarity sports photography. Ultra-realistic editorial portrait. Face identity locked, adult (25+), natural anatomy, blonde hair unchanged. Subject just waking up, reclining/semi-upright in an ultra-luxury penthouse bedroom with premium white linens and floor-to-ceiling windows.
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