In august of this year, the gold completely broke out of the blast! International cash gold surged by more than 7 per cent a week, strong across the $4,400/ounce threshold, creating the largest single week increase since january this year。
It's a sudden, powerful counterattack, straight across the net. There are people who earn a lot of money in low positions, and there are people who can't wait to find out, and there are people who can't stand up to it。
One of the most important concerns for everyone on the internet is: is the wave of gold rebounding, the short run-off or the start of a new round of booms
The current gold market has long been polarized. Optimistic investors argue that there is still room for a huge rise in the back market, and that entry is still a low-level opportunity; and cautious old hands warn of the risk that short-term surges and overdrafts are too large and ready to turn back on the dishes and be blindly pursued to the point where they are vulnerable。
Image taken from the internet without any bad guidance
The bottom logic of this wave rises in fact, so ordinary people don't follow the wind blindly and do things。
It is no accident that the current round of gold booms is the result of multiple profits. First, the weakening of economic data from overseas, the near end of the general interest-rate escalation cycle for markets, and the continued weakening of the united states dollar have directly opened up room for gold to rise. Secondly, the global geo-soil situation is volatile, with massive hedge funds pouring into gold, further pushing up gold prices。
More crucially, central banks around the world have long-term, sustained accumulations, growing reserves of gold, and solid base support for gold prices, giving gold the bottom of long-term preservation。
Image taken from the internet without any bad guidance
However, it is true to keep you awake: a long-term rise does not mean a short-term rise。
The increase of over 7 per cent in just one week was extreme in the gold market. Large amounts of short-term funding have already been profitable and are ready to be sold. Throughout the years, after a rapid surge in gold, there will inevitably be a shock, a turn-back and a dishwasher, and no movement can go all the way up。
The biggest mistake for many ordinary people is to see prices rise。
Here it is recalled that gold jewellery purchased on a day-to-day basis, which includes high wages, is suitable only for decoration and is not suitable for investment preservation. Don't let your head get hot, borrow money and gamble. It's a big investment。
Image taken from the internet without any bad guidance
The true value of gold is a “safe haven” for household assets, which are used to hedge risk, healthy value and by no means a means of speculation for overnight enrichment。
The hardest thing to do is not to catch every wave, but to learn not to be greedy. The market will never be short of opportunities without anxiety, and long-term profits will be made only if the pace is kept steady。
The post-market situation is still full of variables, with some watching the breakthrough and others watching the fall back。
Do you think the gold will continue to swell or will it fall back? Are ordinary people ready for gold now? Let's talk about what you really think
