Both Arthur and Smith understood that the rise in the price of gold was actually a monetary phenomenon.


    And most gold bullies today hold the same view. Gold rose because after the financial tsunami, countries opened floodgates to release water, wantonly printed money, resulting in currency flooding.


    However, this view is not entirely correct, and it may be a bit biased to focus only on what happened after the subprime crisis.


    From 2001 to 2008, the price of gold rose by more than 300% from $250 an ounce to $1032 an ounce. Over the years, while gold prices have been rising, the overall debt level of the white hawks and the total assets of the Federal Reserve''s balance sheet have soared.


    Of course, it is not the case that the white headed eagle government bonds and the US Federal Reserve''s balance sheet have skyrocketed. In the euro area, most of the member countries'' deficit levels have exceeded their own set red line. Therefore, the debt problems of European countries will arise now.


    Britain and the foot basin are also heavily indebted, especially the ratio of the debt and gross national product of the foot basin is nearly two times that. From the end of the last eighty years of the last century, the collapse of the bubble economy began to last for more than 20 years.


    From 2001 to now, gold has made a very considerable increase in all currencies. In fact, it is not so much the appreciation of gold as the devaluation of currency, and this process has started as early as the beginning of the century!


    actually Arthur found a very interesting thing. As a kind of investment, gold is often criticized. Sometimes people question gold as investment products. Especially the higher the price of gold, the more intense the debate on the gold bubble theory. There is no lack of influential man in the investment market and some Zheng countries such as stock god Buffett, Soros and so on. 。


    Even now, the gold price of more than 1100 US dollars is far below the inflation adjusted 1980 gold price high of 2300 US dollars per ounce. Even if this round of big rise makes the gold price rise more than 300%, which is far beyond the imagination and income of most investors, experts and even masters...


    What''s even more interesting is that Warren Buffett, who threw out the idea that "gold is a Ji that won''t lay eggs.". He has been buying a lot of silver since the second half of the 1990s, and his position once reached two-thirds of the long position of silver in the entire U.S. capital market.


    Don''t say that silver is not like gold. It''s a chicken that can''t lay eggs?


    When Berkshire Hathaway''s share price fell sharply in the 2008 Wall Street stock market crash, it was precisely because of buying such a large amount of silver that the God of stocks relied on the silver bull market to reverse the situation.


    (to say a little more, at present, all countries in the world are scrambling to buy and hoard gold. As for whether the money in hand is worth, I believe everyone knows it. It''s better to buy some gold to keep its value


    , many countries such as bald eagle, after the financial crisis triggered by the subprime mortgage crisis, adopted the method of printing banknotes to solve the dilemma. The spread of global banknotes is hitherto unknown. If gold is a bubble, then the paper currency is a bigger bubble.


    , in fact, you and I both know that even now, the investment of gold is far less popular than we think. It is not appropriate to describe it with bubbles. However, in view of the situation since last year, I think 2010 will be the most brilliant and brilliant year since the golden bull market. Arthur was comfortable in the boss''s chair, looking at Smith with a relaxed look.


    Smith nodded, and said, "I really have been shaken before the controversy about the gold bubble. But the new financial giant Chen of the foot basin began to support the depreciation of the yen and the further stimulation measures at the beginning of the 7 day of its inauguration. After causing a strong reaction from the market, I no longer questioned the upward trend of gold.


    Because historically, when the economy is in a downturn and macroeconomic policies are ineffective, it is not unprecedented for a big bang to raise the yen exchange rate. As early as the financial crisis in 1998, as an economic power, the footstool opened the "Pandora''s box" of devaluation without scruple, and safeguarded its own interests at the expense of other countries.


    Today, driven by the historical record breaking exchange rate of the US dollar against the Japanese yen, the next step of the footstool policy is undoubtedly the focus of the market. If we really take the lead in opening the magic box, other countries will certainly follow suit. At that time, all currencies will depreciate, and gold is undoubtedly the best hedging tool. "


    "Ha ha, for us, the depreciation of the yen is a good thing." Arthur picked up the coffee cup on his desk with a smile. After a good drink, he continued: "in fact, as long as we only make the plan and implement it, there are too many kinds of investment and projects in the financial market. We don''t have so many human and financial choices. It''s enough for us to focus on two or three items to get rich profits.


    The money in the world is endless. By the way, I went to China this time and found several interesting companies. Among them, there is a menhu website listed in the United States very early, named Netease. Several online games owned by this network company have great potential. I feel that I can take part of the money to buy some of its stocks. I think the future harvest will be very bad Wrong. "“Netease？ Do network game door Hu website Smith asked again, somewhat uncertain.


    "Well, the popularity of personal computers in China is very high. PC online games are the absolute mainstream. The number of online game players is at least 200 million, and the market scale is very large. This Netease company also won the exclusive operation right of world of Warcraft last year."


    On hearing world of Warcraft, Smith suddenly nodded and said, "I see. So, how much money do you want to invest, boss?"


    "Ten million dollars first." As a once dreamy player, Arthur naturally knows how powerful Sanshi''s pit money technology is. Despite the fact that in the "only fast but not broken" Internet world, Sanshi and NetEase have always been the existence of "picturesque style" in the Internet circle. They are not warm or hot, and always give people the impression of being late.


    But its stock price rarely soars and plummets, most of the time in the upward channel. The game under its banner is all dead for money. The problem is that it is still enduring. To say that the game can make money, it is no worse than fat penguin.


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


    "Click, click --"


    "OK, OK, that''s it --"


    "click, click --"


    "great! It''s time to shoot a group


    In the studio, the photographer looked at the photos in the camera, beamed with satisfaction with her long hair and heavy makeup. Emily Shaw in bikini made a OK gesture.


    Emily, who had been helped to put on her nightgown by her assistant, walked quickly to the dressing room. In the dressing room, she quickly changed clothes and asked the assistant outside, "what time is it now?"


    "Three thirty-five."


    "Is this the last one?"


    "Yes. The last one. "


    Emily put on the last set and turned into Jamie white in "the bully on the street". After walking out of the dressing room, she went to the photographer and said, "the last group, I hope to shoot faster. I have something else to do."


    "No problem." The photographer was very nice to say.


    "Thank you." Emily thanks with a smile. Although with her current popularity, she can ignore the 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 publicity photos. She didn''t want to ruin her hard won fame.


    Thinking of this, she couldn''t help but think of Arthur, who made her popular and become a new baby of Xing. She thought that she was going to get together soon. She could not help but flash a touch of Mei in her eyes. It was thanks to Arthur that she became a saint football baby, especially the group of Christmas themed photos that made her popular.


    Although this is mainly because of her own good conditions, talent, but without Arthur''s help to promote and praise in the media, she would not be so popular so quickly.


    Thank you very much indeed!


    Emily''s pretty face was full of charming Mei smile and whispered in an imperceptible voice.


    "OK, that''s it. Keep that smile!"


    "Click click --"


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