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今年以来,经济疲软压力下的金属价格“跌跌不休”。上半年,金银价格走势跟随QE3预期的指挥棒起伏。即使美联储祭出QE3,基本金属价格也不会复制前期的单边上扬行情;即使美联储不再推出QE3,金银市场的牛市基础依然存在。8月中旬在成都出差,跟企业交流,提到一个问题:QE3如果实施了,会对市场产生怎样的影响?这个问题之前也有朋友问过。我的理解是这样的:自2000年以来的商品大牛市,背后的推动因素是中国经济快速增长下的对商品的强劲需求及需求预期。2008年金融危机爆
Since the beginning of this year, the price of metal under the pressure of economic weakness “keeps falling and falling.” In the first half of the year, gold and silver prices followed the QE3’s expected baton. Even if the Federal Reserve offered QE3, the price of base metal will not duplicate the unilateral upward trend of the previous period. Even if the Fed no longer launches QE3, the bull market in bullion market will still exist. In mid-August on a business trip in Chengdu, to communicate with the business, a question is asked: QE3 if implemented, the market will have what kind of impact? This question has also asked a friend. My understanding is this: The big bull market for commodities since 2000 is driven by the strong demand for commodities and the expected demand for commodities under China’s rapid economic growth. 2008 financial crisis burst