Towards the end of the year, I find that there are still some people complaining that the trend of world economic growth has slowed down, and that countries are currently having a hard time. It is difficult to find a job, enterprises are stagnate in production and layoffs, not to mention the reduction in the yield of wealth management products, and some investors will not even get their principal back. Housing prices are more than enough, and if you want to buy a house, you will run into an unfinished building.
Is there nothing to invest in right now?
Of course not, a thing has attracted a lot of people's attention recently, it is the ** that brightens the blind eye!
The international gold price broke through a record high of 3 years and 4 months in anticipation of a U.S. interest rate cut. On December 1, local time, the New York Mercantile Exchange (COMEX) reported 2089$70 troy ounce (about 31.)1 gram), compared with the previous trading day**158%。This surpasses the all-time high of 2,069 set in August 2020$40.
Everyone knows that a word from the chairman of the Federal Reserve can make a small ** in the world's financial markets. But in the face of **, even Fed Chair Powell's "hawkish (inclined to tighten)" rhetoric is not enough to curb the surge in gold prices.
In a speech at Spelman University on the same day, Chairman Powell said, "It's too early to confidently conclude whether we've achieved enough tightening, and so is speculation about when interest rates will be cut." "We are prepared to do so if we see fit. He said.
Lukman Otunuga, market analyst at FXTM, said, "Although Powell hinted that it was too early to claim victory over inflation, international gold prices are still at ** due to the Fed's expectation of a rate cut."
Since **investment** usually does not generate cash flow, that is to say, you can't buy ** like ICBC bank deposits and Moutai ** with interest and dividends, ** is fluctuating with monetary policy. When interest rates fall, bond interest rates fall, the investment attractiveness of ** increases. However, the consensus is that the US interest rate hike is over. It was announced on the 14th of last month that the U.S. consumer price increase in October was 32%, which was lower than market expectations. This means that once inflation subsides, there is no longer any reason to raise interest rates. Recently, there have even been ** claims that the United States may start cutting interest rates early next year. Bill Ackerman, founder of Pershing Square Capital, known as "Little Buffett", appeared on Bloomberg TV on the 28th of last month and said that "the Federal Reserve will cut interest rates in the first quarter of next year".
According to the international investment expert team, the increase in purchases by the central banks of emerging countries such as China and India is also considered to be a factor in the price of gold.
Experts**Gold prices are temporarily trending. Ben Emmons, senior portfolio manager of New Edge Wealth Asset Management, said in an interview with CNBC on the 2nd that "every December is a period of strength for gold prices, and this year is the same," and added, "As central banks delay interest rate hikes, the demand for ** is increasing." He believes that "the price of gold could be ** to $2,100." Market Gauge, a market research firm, also recommends a price target of $3,000.
At the same time, Bitcoin, known as the "digital", also broke through $39,000 in 19 months. According to the statistics of the cryptocurrency market CoinMarketCap, the ** per bitcoin on the morning of the 3rd broke through 3$90,000, and now approaching $40,000. At the beginning of last month, Bitcoin remained in the $34,000 range, but was driven by the expectation that the global asset manager's application to the US regulator for Bitcoin spot exchange trading** ETF would be approved. Crypto News, which specializes in blockchain, said that "the strengthening of interest rate cut expectations is becoming a 'tailwind' for the Bitcoin trend." ”
In this way, I think the benefits and security of investing in China are definitely much greater than buying a house. I don't know what everyone thinks, welcome to leave a message.