Price of gold records of every variety close bulletin will it be afternoon December 08 such as exchange
The news of our station, every assortment latest price and trading volume are as follows on the afternoon of December 08 of exchange of price of gold:
Variety Newest price ' Yuan / gram) Trading volume
AU(T+D) 171.7 3560 kilograms
AU 9995 172.7 1400 Kilogram
AU 9999 172.3 818.9 Kilogram
PT 9995 193 164 Kilogram
AG(T+D) 2.317 3636 kilograms
Note: The trading volume presses unilateral calculation.
Key word: Exchange of price of gold
Monday, December 8, 2008
Palestinian horse reveals economic rejuvenation plans the detail
Palestinian horse reveals economic rejuvenation plans the detail
The Palestinian horse of President-elect of the United States is in 6 Have revealed what he recommended in national broadcast and network speech that Japan delivered " Economic rejuvenation " The plan is some details, including realizing the hardware modernization of the school, popularize the broadband network and carry on reducing energy consumption to the public buildings.
Palestinian horse says, his " economic rejuvenation " The plan will launch the largest capital expenditure since the fifties of last century of U.S.A., create and keep 250 ten thousand work positions altogether. He says, every state government should take action and build extensive foundation actively, the delay of response person can not get the capital construction fund of the federal government.
He says, one of the main contents of this plan is to want to upgrade school facilities in all parts of the country, generally install the computer and broadband network, adopt the new power-saving technology, build up in " the 21st century " The school, in order to strengthen the competitiveness of talent in international economy of U.S.A.. Secondly, should popularize the broadband network in the whole country, all schools and hospitals should network. Third, carry on reducing energy consumption to the national public buildings, change the already existing heating system, instead of energy-conservation and environmental protection type new apparatus. He also says, will promote the Congress to pass " economic rejuvenation " immediately after taking up an official post Plan.
Palestinian horse wins in the presidential election on November 4 this year, he will take office formally on January 20 next year.
Key word: Palestinian horse reveals economic rejuvenation plans the detail
The Palestinian horse of President-elect of the United States is in 6 Have revealed what he recommended in national broadcast and network speech that Japan delivered " Economic rejuvenation " The plan is some details, including realizing the hardware modernization of the school, popularize the broadband network and carry on reducing energy consumption to the public buildings.
Palestinian horse says, his " economic rejuvenation " The plan will launch the largest capital expenditure since the fifties of last century of U.S.A., create and keep 250 ten thousand work positions altogether. He says, every state government should take action and build extensive foundation actively, the delay of response person can not get the capital construction fund of the federal government.
He says, one of the main contents of this plan is to want to upgrade school facilities in all parts of the country, generally install the computer and broadband network, adopt the new power-saving technology, build up in " the 21st century " The school, in order to strengthen the competitiveness of talent in international economy of U.S.A.. Secondly, should popularize the broadband network in the whole country, all schools and hospitals should network. Third, carry on reducing energy consumption to the national public buildings, change the already existing heating system, instead of energy-conservation and environmental protection type new apparatus. He also says, will promote the Congress to pass " economic rejuvenation " immediately after taking up an official post Plan.
Palestinian horse wins in the presidential election on November 4 this year, he will take office formally on January 20 next year.
Key word: Palestinian horse reveals economic rejuvenation plans the detail
Tuesday, August 26, 2008
Shenzhen closes the reference price on August 27 in the Chinese gold information network
Shenzhen closes the reference price on August 27 in the Chinese gold information network
Shenzhen closes the reference price and predicts as follows on August 27 in the Chinese gold information network:
Variety Close the reference price (yuan / gram) Predicted the price (yuan / gram) yesterday
Standard gold 180.60 179.35
Non-standard gold 180.20 179.00
Platinum 318.50 319.90
Money of palladium 65.95 66.00
Key word: Bullion and silver
Shenzhen closes the reference price and predicts as follows on August 27 in the Chinese gold information network:
Variety Close the reference price (yuan / gram) Predicted the price (yuan / gram) yesterday
Standard gold 180.60 179.35
Non-standard gold 180.20 179.00
Platinum 318.50 319.90
Money of palladium 65.95 66.00
Key word: Bullion and silver
The advantage of U.S. dollar hits new peak Large super bottom or already succeeding
The advantage of U.S. dollar hits new peak Large super bottom or already succeeding
U.S. dollar was adjusted by a wide margin because of exceeding rising last Thursday, but the time to fall after rise was quite transient, attacked upwards on the open line of Israel and China last Friday. Continue attacking upwards this Monday and Tuesday, accelerate rapidly and create the new peak since this quotations at one blow to Tuesday liter, up to 19 of yesterday: 38,The index of U.S. dollar rises 0.95% to 77.55 temporarily.http://www.gifts-kingdom.com/The German economic indicator on the weak side announced on Tuesday succeeds in breaking through upwards for U.S. dollar " surface inducement " . It is estimated U.S. dollar may present some reajustment this weekend or early next week, operating and going should increase storehouse U.S. dollar in order to adjust back.
New peak of this quotations of wound of U.S. dollar
Claim Germany announces the weak and weary data are broken through upwards by U.S. dollars " The surface inducement " ,This is because recent U.S. dollar empty profit is much, even the stock in America has just achieved the greatest drop of next month on Monday. But, who expects, U.S. dollar creates the new peak after several hours. All sorts of signs indicate, more and more persons begin in the market to realize U.S. dollar exceeded after falling for a long time may be transferred, may have already taken shape at the large super bottom.
From the point of trend, U.S. dollar, this uptrend, is quite swift and fierce in initial stage; And seen from experience, seldom there is a case which becomes the head in adjustment for the first time in the tendency of booming in the foreign currency market; Say, U.S. dollar had not risen for 30 days by this Tuesday, still potential since time; In view of policy, on July 22 this year, American finance minister Paulsen has said: Surging U.S. dollar accords with U.S.A.'s benefit, the potential growth trend of U.S.A.'s economy and monetary policies aiming at strengthening confidence will all reflect in the foreign currency market. He supplements to say: "We are adopting the action aiming at strengthening U.S.A.'s economic growth and confidence of capital market, take measures to make U.S.A.'s economy more competitive " Show, " I believe actions and potential advantages of economy described above will reflect in the foreign currency market " . This is American finance minister's clearest statement to that the exchange rate tendency of U.S. dollar has been made since nearly several months. And U.S.A.'s relevant economic indicator, play a certain confirmation arrivesing role in Paulsen's words.
Germany's economic indicator helps pushing U.S. dollar weakly and wearily
On Tuesday afternoon, Germany announces a group of weak and weary data: On the basis of from 97.5 drop for July to 94.8 to 7000 high August enterprise prosperous index, IFO of Germany, investigated to in charge of, it is a minimum of this index over the past three years, announce High pressure pumps|Mud pumps|Slush Pumps|Piston Pumps|sex toysReciprocating Pumps|Water Injection Pumps|Steam Injection Pumps|Metering Pumps|Double Screw Pumps|
Pressure testing Pumps|Oilfield Skid Mounted Pumpsthe prediction of former analyst is 97.2. In addition, the divided difference of the index that IFO moves ahead simultaneously and lags behind, to expectancy in July when announce at the same time.
Index described above makes the market promote the expectancy that this biggest economy of Europe of Germany may fall into recession. " enterprise's confidence will also continue dropping, " BayerischeLandesbank stays economist AndreasSpeer in Munich says, " we, already in slowing down, the risk of falling into recession is very high. "
European dollar is almost in 1.4700 dollars before the data are announced, announced, visited to 1.4584 dollars the most low, this author said 1.4500 goal location already very close from position to the first two week. It is M head before European dollar, this wheel, drops, it was area of 1.4500 dollars in the location of first goal after the line of neck fell, here is very apt to take shape repeatedly, do not get rid of European dollar and present some rebounding, will still drop mostly thereafter.
The Lehman's brother Company is more optimistic, this bank expresses, the rising trend of U.S. dollar should not be over in the past one months on Tuesday, because European Central Bank may begin to drop interests in January of next year, this wave of rising trend is U.S. dollar quickly to break off relations with the price of gold and has been " close to unprecedentedly " over the past 35 years Rising trend.
A$, pound sterling, Swiss Franc are weak and weary
In the each non- beautiful currency, Canadian dollar and Japanese yen have confronted with each other and fallen recently, the weakest one is the currency of Ou department, including European dollar, pound sterling, Swiss Franc. Pound sterling is in the new low point since slumping of creating this wheel promptly last Thursday, follow and slump 1.04% to 1.8351 dollars on Tuesday; A$ creates the new low point on Tuesday, drops 1.27% to 0.8518 A$ to 1 dollar on the same day; Swiss Franc to create new low point on Tuesday, slump 0.98% to 1.1068 Swiss Francs to 1 dollar at present too. The tendency of Canadian dollar is partial and strong, the newest newspaper is 1 dollar for 1.0558 pairs, quite far from the low point 1.0728 of last week; Japanese yen cash U.S. dollar harsh and unreasonable record all the time two week, cash other currency rise sharply recently. New Zealand Dollar($ NZ slump on Tuesday, has not broken the minimum of last week.
Australian Central Bank may drop interests next week. This factor is A$ empty profit, another empty profit is that the global stock market leaves weakly, this initiates trade interest of arbitrage to reduce. Swiss Franc is struck by the economic indicator on Tuesday; Will it be about 16 o'clock Tuesday, auspicious silver consumption index announce this index announcing value it is 1.848 July, difference is in 2.218 in June. The so-called here " The auspicious silver consumption index " Formed by five categorised indexes, the credit card that the foreign passenger that retail, new train registers, puts up for the night the previous night counted,bmw gt1|benz star|BMW OPS|Mercedes benz star|BMW GT1 DIS |Ford VCM|Lexia 3|renault can clip| counted within SECO consumption confidence index, auspicious silver transfers volume. Index this comprehensive, can ahead of time to three promise, show to April GDP acceleration rate accelerate or slow down generally. Pound sterling was accumulated weakly for a long time, house data are extremely bad in nearly several months, in two seasons that announced newly last Friday GDP data revealed economy stayed cool.
Japanese yen, Canadian dollar confront with each other and fall
Reason and A$ why Japanese yen is surging leave weakly and oppositely, on one hand it will be favorable to Japan which is short of resource that the goods drop, on the other hand the goods drop and often follow declining stock market, and this will come as a hard blow at the arbitrage trade interest of Japanese yen, thus make Japanese yen combat drop even more. In economic basic side, Japan's economy is always relatively weak and weary, this factor is digested in the exchange rate of Japanese yen repeatedly early, one of the reasons of combatting drop that this is Japanese yen too.
The tendency of Canadian dollar is relatively strong, say, the Canadian manufacturing industry is rather developed too from basic side, there are differences in Canadian dollar and pure goods currency, do not excessively rely on the energy to go up; By the look of inherent characteristic of the exchange rate, when U.S. dollar is alone strong, Canadian dollar often can cash currency, department of Europe, go strong, this makes Canadian dollar seem to combat drop while cashing U.S. dollar too.
The analyst proposes the stub does not chase rising
The east, analyst of investment and money management network, open, think " U.S. dollar go strong only because euro area various countries, Britain, Japan, goods monetary district economy of various countries sink into pessimism, these national economy has already reached the upper limit over a period to come, and U.S.A.'s economy has sunk into pessimism for a long time, it is often that everybody practised and passed. " As to the advantage of U.S. dollar at present, he thinks: "U.S. dollar was seen from 2002 and carried to now, had already gone out of the bear market for 7 years, and the power tendency of U.S. dollar was reflected in the past 30 years, it is just from 5 to 7 from weak to strong conversion cycle, say, U.S. dollar possessed the time to rebound from time. " Does the ones that put forward as to the reporter " U.S. dollar overturn at this point? " "In view of technology, the index of U.S. dollar is 77.8, will be the flex point. If break through upwards, the technological general opens in the new rising space. " This analyst says in this way.
It is estimated this weekend or early next week, U.S. dollar will face the comparatively sensitive window on time, there is a rustle of leaves in the wind slightly when the time comes, the rising trend of U.S. dollar comes to an end temporarily most probably, so operating wouldn't advise investors to chase and rise, can only hold in order to fall after rise again.
Key word: U.S. dollar
U.S. dollar was adjusted by a wide margin because of exceeding rising last Thursday, but the time to fall after rise was quite transient, attacked upwards on the open line of Israel and China last Friday. Continue attacking upwards this Monday and Tuesday, accelerate rapidly and create the new peak since this quotations at one blow to Tuesday liter, up to 19 of yesterday: 38,The index of U.S. dollar rises 0.95% to 77.55 temporarily.http://www.gifts-kingdom.com/The German economic indicator on the weak side announced on Tuesday succeeds in breaking through upwards for U.S. dollar " surface inducement " . It is estimated U.S. dollar may present some reajustment this weekend or early next week, operating and going should increase storehouse U.S. dollar in order to adjust back.
New peak of this quotations of wound of U.S. dollar
Claim Germany announces the weak and weary data are broken through upwards by U.S. dollars " The surface inducement " ,This is because recent U.S. dollar empty profit is much, even the stock in America has just achieved the greatest drop of next month on Monday. But, who expects, U.S. dollar creates the new peak after several hours. All sorts of signs indicate, more and more persons begin in the market to realize U.S. dollar exceeded after falling for a long time may be transferred, may have already taken shape at the large super bottom.
From the point of trend, U.S. dollar, this uptrend, is quite swift and fierce in initial stage; And seen from experience, seldom there is a case which becomes the head in adjustment for the first time in the tendency of booming in the foreign currency market; Say, U.S. dollar had not risen for 30 days by this Tuesday, still potential since time; In view of policy, on July 22 this year, American finance minister Paulsen has said: Surging U.S. dollar accords with U.S.A.'s benefit, the potential growth trend of U.S.A.'s economy and monetary policies aiming at strengthening confidence will all reflect in the foreign currency market. He supplements to say: "We are adopting the action aiming at strengthening U.S.A.'s economic growth and confidence of capital market, take measures to make U.S.A.'s economy more competitive " Show, " I believe actions and potential advantages of economy described above will reflect in the foreign currency market " . This is American finance minister's clearest statement to that the exchange rate tendency of U.S. dollar has been made since nearly several months. And U.S.A.'s relevant economic indicator, play a certain confirmation arrivesing role in Paulsen's words.
Germany's economic indicator helps pushing U.S. dollar weakly and wearily
On Tuesday afternoon, Germany announces a group of weak and weary data: On the basis of from 97.5 drop for July to 94.8 to 7000 high August enterprise prosperous index, IFO of Germany, investigated to in charge of, it is a minimum of this index over the past three years, announce High pressure pumps|Mud pumps|Slush Pumps|Piston Pumps|sex toysReciprocating Pumps|Water Injection Pumps|Steam Injection Pumps|Metering Pumps|Double Screw Pumps|
Pressure testing Pumps|Oilfield Skid Mounted Pumpsthe prediction of former analyst is 97.2. In addition, the divided difference of the index that IFO moves ahead simultaneously and lags behind, to expectancy in July when announce at the same time.
Index described above makes the market promote the expectancy that this biggest economy of Europe of Germany may fall into recession. " enterprise's confidence will also continue dropping, " BayerischeLandesbank stays economist AndreasSpeer in Munich says, " we, already in slowing down, the risk of falling into recession is very high. "
European dollar is almost in 1.4700 dollars before the data are announced, announced, visited to 1.4584 dollars the most low, this author said 1.4500 goal location already very close from position to the first two week. It is M head before European dollar, this wheel, drops, it was area of 1.4500 dollars in the location of first goal after the line of neck fell, here is very apt to take shape repeatedly, do not get rid of European dollar and present some rebounding, will still drop mostly thereafter.
The Lehman's brother Company is more optimistic, this bank expresses, the rising trend of U.S. dollar should not be over in the past one months on Tuesday, because European Central Bank may begin to drop interests in January of next year, this wave of rising trend is U.S. dollar quickly to break off relations with the price of gold and has been " close to unprecedentedly " over the past 35 years Rising trend.
A$, pound sterling, Swiss Franc are weak and weary
In the each non- beautiful currency, Canadian dollar and Japanese yen have confronted with each other and fallen recently, the weakest one is the currency of Ou department, including European dollar, pound sterling, Swiss Franc. Pound sterling is in the new low point since slumping of creating this wheel promptly last Thursday, follow and slump 1.04% to 1.8351 dollars on Tuesday; A$ creates the new low point on Tuesday, drops 1.27% to 0.8518 A$ to 1 dollar on the same day; Swiss Franc to create new low point on Tuesday, slump 0.98% to 1.1068 Swiss Francs to 1 dollar at present too. The tendency of Canadian dollar is partial and strong, the newest newspaper is 1 dollar for 1.0558 pairs, quite far from the low point 1.0728 of last week; Japanese yen cash U.S. dollar harsh and unreasonable record all the time two week, cash other currency rise sharply recently. New Zealand Dollar($ NZ slump on Tuesday, has not broken the minimum of last week.
Australian Central Bank may drop interests next week. This factor is A$ empty profit, another empty profit is that the global stock market leaves weakly, this initiates trade interest of arbitrage to reduce. Swiss Franc is struck by the economic indicator on Tuesday; Will it be about 16 o'clock Tuesday, auspicious silver consumption index announce this index announcing value it is 1.848 July, difference is in 2.218 in June. The so-called here " The auspicious silver consumption index " Formed by five categorised indexes, the credit card that the foreign passenger that retail, new train registers, puts up for the night the previous night counted,bmw gt1|benz star|BMW OPS|Mercedes benz star|BMW GT1 DIS |Ford VCM|Lexia 3|renault can clip| counted within SECO consumption confidence index, auspicious silver transfers volume. Index this comprehensive, can ahead of time to three promise, show to April GDP acceleration rate accelerate or slow down generally. Pound sterling was accumulated weakly for a long time, house data are extremely bad in nearly several months, in two seasons that announced newly last Friday GDP data revealed economy stayed cool.
Japanese yen, Canadian dollar confront with each other and fall
Reason and A$ why Japanese yen is surging leave weakly and oppositely, on one hand it will be favorable to Japan which is short of resource that the goods drop, on the other hand the goods drop and often follow declining stock market, and this will come as a hard blow at the arbitrage trade interest of Japanese yen, thus make Japanese yen combat drop even more. In economic basic side, Japan's economy is always relatively weak and weary, this factor is digested in the exchange rate of Japanese yen repeatedly early, one of the reasons of combatting drop that this is Japanese yen too.
The tendency of Canadian dollar is relatively strong, say, the Canadian manufacturing industry is rather developed too from basic side, there are differences in Canadian dollar and pure goods currency, do not excessively rely on the energy to go up; By the look of inherent characteristic of the exchange rate, when U.S. dollar is alone strong, Canadian dollar often can cash currency, department of Europe, go strong, this makes Canadian dollar seem to combat drop while cashing U.S. dollar too.
The analyst proposes the stub does not chase rising
The east, analyst of investment and money management network, open, think " U.S. dollar go strong only because euro area various countries, Britain, Japan, goods monetary district economy of various countries sink into pessimism, these national economy has already reached the upper limit over a period to come, and U.S.A.'s economy has sunk into pessimism for a long time, it is often that everybody practised and passed. " As to the advantage of U.S. dollar at present, he thinks: "U.S. dollar was seen from 2002 and carried to now, had already gone out of the bear market for 7 years, and the power tendency of U.S. dollar was reflected in the past 30 years, it is just from 5 to 7 from weak to strong conversion cycle, say, U.S. dollar possessed the time to rebound from time. " Does the ones that put forward as to the reporter " U.S. dollar overturn at this point? " "In view of technology, the index of U.S. dollar is 77.8, will be the flex point. If break through upwards, the technological general opens in the new rising space. " This analyst says in this way.
It is estimated this weekend or early next week, U.S. dollar will face the comparatively sensitive window on time, there is a rustle of leaves in the wind slightly when the time comes, the rising trend of U.S. dollar comes to an end temporarily most probably, so operating wouldn't advise investors to chase and rise, can only hold in order to fall after rise again.
Key word: U.S. dollar
China covers the unidentified future brilliantly and passingly and difficultly
China covers the unidentified future brilliantly and passingly and difficultly
What China has just held a developing country to host enlarges the Olympic Games the most extensively, have pushed a series of outstanding achievements of it to the climax. Since beginning reform and opening-up 30 years before, China has let a lot of people get rid of the poverty, the large amount of number of people is that any country is incomparable since modern times, China will become the third major economy in the world soon.
It's time to crack a hard nut now.
Have China that accomplishes so but there is a future not very bright amazingly. Various policy effects and social trends that the economy developed rapidly of stage had already passed out of existence on the whole before promoting China.
The economic prosperity is because of the combination with relatively simple political stability and economic liberalization to a great extent, this makes China catch up with the other countries at one blow by the agriculture country with backward science and technology. With the aging and urbanization gradually of Chinese population, its industry is no longer isolated with the external world as before at the same time, the aforesaid combines effects produced and weakens gradually too.
Brookings research institute (Brookings Institution) Scholar, taking the post as World Bank (World Bank) Asia business chief Huo Milan Halas (Homi Kharas) of economist Say, help the policy from poor development to level at present of China not to will not produce the same benefit in the future, China needs to meet this reality.
Associated Press
The Olympic Games volunteers are watching " The bird nest " It is unable to extend the growth momentum since reform of beginning of 1979 that fireworks this set off does not mean China, but need to find the new growth source, meet the challenge of the new one. Washington Carnegie endowment for international peace (Carnegie Endowment for International Peace) Chinese issue's scholar MinXin Pei say last achievements that realizes aptest Chinese Government already.
The powerful behavior on Beijing Olympic Games of China may improve its confidence. In order to respond the worry that China's economic growth can be constant, the policymakers have already set about implementing, they so-called " transition of style of economic increase " . The expenses in researching and developing of China increases by more than 20% every year, this will bring and reciprocate in innovating and raising the efficiency. The government has increased the enrollment of the institution of higher learning by a wide margin, the proportion is larger and larger in economy in and the private enterprise.
Whether efforts described above in China succeed or not and exert a great influence on the whole world. The emergence of China makes a lot of people in the west anxious endlessly - -And certain the last stage of the general presidential election become the discussion topic in U.S.A.. But if China is unable to keep growth, will damage the interests of a lot of developed countries.
American secretary of treasury Henry and Poulsen (Henry Paulson) Wrote in an article published last week, some Americans were afraid China will exceed U.S.A., in fact this has held the heart by mistake, they should afraid Chinese Government might not implement the key reform, or China will face the great economic difficult problem; Once Chinese economy presents the serious problem, will threaten the stability of U.S.A. and global economy.
The challenge that China faces is very extensive, but three major challenges are most outstanding: Serious supply bottleneck of the transition of employed population, gap between rich and poor are expanded and energy and environmental resources respect.
Population
The precedent of China does not let people inspire. A lot of developing countries of Latin America and the Middle East both stagnate after going through stage developing rapidly. The economists call it sometimes " The medium-sized income trap " ,Because the lasting growth that a lot of countries failed to realize letting economy be more prosperous.
China is in critical juncture of a development at present, though get rid of the poverty, but still can not be far deserved to be called richly. By per capita income, China ranks the 100th in the whole world, it is slightly higher than Namibia, but lag behind Colombia. Chinese President Hu Jintao often says it is that China reforms at present " Key period " .
In the following several years, China will account for most societies becoming urban population. Because urban workers' income is more than of triple of peasants', more than 10 million people in the countryside pour into the city every year, thus promoted the development of economy steadily. But the proportion of rural and urban population will be stabilized finally. People must find other methods to raise incomes, for example study the new skill when the time comes.
In addition, fewer and fewer workforces must also support more and more aged population. The United Nations expected, after 2010, the proportion that the job age population of China accounts for total population will glide gradually, the absolute value of the age population of the job after 2015 years will begin to drop too - -The plan child-bearing policy that began to be implemented strictly in the seventies of last century will become effective finally.
Wang DeWen, demographer of Chinese Academy of Social Sciences, says, 1/4 of the economic growth may benefit from the labour force increasing youngly and constantly and contribute up until now in China " The lipstick profit of people " . But he and other scholar think China future growth must rely on, create loud benefit with less resource, that is to say that not only will do harder, but also do more cleverly.
China is making some progress in realizing industry upgrading. The scholars say, the scientific and technological content of the Chinese export product is a lot higher than that of the country of the equal income: It is that the country of China's two to three times is about the same that the Chinese electronic product takes the proportion of the export product and rich intensity. Continue facilitating keeping the competitiveness of China by this kind of momentum development. The grand scale of Beijing Olympic Games demonstrates, the straight efforts of Chinese leaders make China's economy realize that change as follows: Set up the foundation of the economic growth on ripe consumers and the transnational service trade more, reduce to the rural laborer and export the reliance of the goods cheap.
Resources
Another pressure of changing the style of economic increase comes from the enormous consumption of the global energy and raw materials of China's economic growth, and and drink the destruction of the water resource to the domestic air, arable land. If does not improve the efficiency of economic growth, the development of China will be inhibited because the bottleneck has appeared in the supply of these factors of production at last. In fact, China has been perplexed by petrol and electric shortage all the time in recent months, this indicates China can't have no limit to the consumption of resources.
Chinese have been already adjusting for this. The Qiu s 26 years old is new (transliteration) Shanghai one administrative staff of school, buy one Buick triumphant (Buick Excelle) just one year ago Car. But since the government is forced to raise the price of fuel, he did not even open this car in one day of last month. The Qiu s' new statement, this car, becomes one's own burden now. He changes to go to work by bus now.
The volume of consumption of annual per capita energy of China or 1.4 tons of petroleum, this figure is still lower. If the volume of consumption of per capita energy of China reaches the level of U.S.A., equivalent to consume 7.82 tons of petroleum for each person every year, then the volume of consumption of energy of China will be equivalent to the energy which the whole world consumes at present when the time comes. Though China should reach the present volume of consumption of per capita energy of U.S.A. and is far from the thing overnight, but even that the present volume of consumption of global petroleum has already made oil company unbearable.
Professor Xu Xiao of Shanghai Centural European Int'l Indu & Comme Institute says every year, the conclusion is obvious, or the economic growth of China will stay cool a certain period because of energy bottleneck, or China must reduce energy consumption or energy service efficiency of improvement by a wide margin.
Up until now, Chinese Government has been failing to realize the predeterminated target all the time in reducing energy intensity per unit GDP. The energy consumption amount of China unit GDP only dropped by 2.9% in the first half of this year, decreasing amplitude is less than 3.7% of last year. The economists including making for small year say, China should change the government and is fixed on the low-level current situation the price of energy artificially, the market decides the price of energy more, could form the energy-conserving pressure in this way.
Social inequality
Implement the policies of reform and opening to the outside world for only 30 years, weigh with the index of gap between rich and poor, China has already become one of the most unequal societies in the world, has gone even farther than U.S.A. of the super capitalism.
Should admit gap between rich and poor widen one with benefit their, equalitarianism that implement by force Mao Zedong Times hinder people from work full play of person who accumulate at first. But the gap between rich and poor which China is expanding constantly at present is becoming the social destabilizing factor day by day, those are often felt discontented by the person who is pulled down because of building the factory and other facilities, will also initiate the violence protest sometimes.
It needs to mend the social security system already destroyed to solve this problem. Though Chinese Government has been already the work in setting about, working endeavour still remains to strengthen.
Chinese are becoming bolder in challenging the government authoritatively. The Communist Party of China in power needs to widen the legal channel of the expressions of people discontended with government, may strengthen the contradiction conflict among government and the people otherwise, thus increase the difficulty that the government meets the challenge of various.
The Communist Party of China needs to make the Party and government bear greater responsibility for those people failing to draw advantage from economic prosperity, this is an arduous task, because it needs those to change the current regulations from nowadays benefited biggest power stratum under the system voluntarily.
Pei MinXin of Carnegie endowment for international peace says, Communist Party needs to take every care to solve this problem. He says, interests of solving the social inequality problem and not merely involving between the poor and the rich are adjusted, will also cause having different views in ruling elites.
Key word: Economy
What China has just held a developing country to host enlarges the Olympic Games the most extensively, have pushed a series of outstanding achievements of it to the climax. Since beginning reform and opening-up 30 years before, China has let a lot of people get rid of the poverty, the large amount of number of people is that any country is incomparable since modern times, China will become the third major economy in the world soon.
It's time to crack a hard nut now.
Have China that accomplishes so but there is a future not very bright amazingly. Various policy effects and social trends that the economy developed rapidly of stage had already passed out of existence on the whole before promoting China.
The economic prosperity is because of the combination with relatively simple political stability and economic liberalization to a great extent, this makes China catch up with the other countries at one blow by the agriculture country with backward science and technology. With the aging and urbanization gradually of Chinese population, its industry is no longer isolated with the external world as before at the same time, the aforesaid combines effects produced and weakens gradually too.
Brookings research institute (Brookings Institution) Scholar, taking the post as World Bank (World Bank) Asia business chief Huo Milan Halas (Homi Kharas) of economist Say, help the policy from poor development to level at present of China not to will not produce the same benefit in the future, China needs to meet this reality.
Associated Press
The Olympic Games volunteers are watching " The bird nest " It is unable to extend the growth momentum since reform of beginning of 1979 that fireworks this set off does not mean China, but need to find the new growth source, meet the challenge of the new one. Washington Carnegie endowment for international peace (Carnegie Endowment for International Peace) Chinese issue's scholar MinXin Pei say last achievements that realizes aptest Chinese Government already.
The powerful behavior on Beijing Olympic Games of China may improve its confidence. In order to respond the worry that China's economic growth can be constant, the policymakers have already set about implementing, they so-called " transition of style of economic increase " . The expenses in researching and developing of China increases by more than 20% every year, this will bring and reciprocate in innovating and raising the efficiency. The government has increased the enrollment of the institution of higher learning by a wide margin, the proportion is larger and larger in economy in and the private enterprise.
Whether efforts described above in China succeed or not and exert a great influence on the whole world. The emergence of China makes a lot of people in the west anxious endlessly - -And certain the last stage of the general presidential election become the discussion topic in U.S.A.. But if China is unable to keep growth, will damage the interests of a lot of developed countries.
American secretary of treasury Henry and Poulsen (Henry Paulson) Wrote in an article published last week, some Americans were afraid China will exceed U.S.A., in fact this has held the heart by mistake, they should afraid Chinese Government might not implement the key reform, or China will face the great economic difficult problem; Once Chinese economy presents the serious problem, will threaten the stability of U.S.A. and global economy.
The challenge that China faces is very extensive, but three major challenges are most outstanding: Serious supply bottleneck of the transition of employed population, gap between rich and poor are expanded and energy and environmental resources respect.
Population
The precedent of China does not let people inspire. A lot of developing countries of Latin America and the Middle East both stagnate after going through stage developing rapidly. The economists call it sometimes " The medium-sized income trap " ,Because the lasting growth that a lot of countries failed to realize letting economy be more prosperous.
China is in critical juncture of a development at present, though get rid of the poverty, but still can not be far deserved to be called richly. By per capita income, China ranks the 100th in the whole world, it is slightly higher than Namibia, but lag behind Colombia. Chinese President Hu Jintao often says it is that China reforms at present " Key period " .
In the following several years, China will account for most societies becoming urban population. Because urban workers' income is more than of triple of peasants', more than 10 million people in the countryside pour into the city every year, thus promoted the development of economy steadily. But the proportion of rural and urban population will be stabilized finally. People must find other methods to raise incomes, for example study the new skill when the time comes.
In addition, fewer and fewer workforces must also support more and more aged population. The United Nations expected, after 2010, the proportion that the job age population of China accounts for total population will glide gradually, the absolute value of the age population of the job after 2015 years will begin to drop too - -The plan child-bearing policy that began to be implemented strictly in the seventies of last century will become effective finally.
Wang DeWen, demographer of Chinese Academy of Social Sciences, says, 1/4 of the economic growth may benefit from the labour force increasing youngly and constantly and contribute up until now in China " The lipstick profit of people " . But he and other scholar think China future growth must rely on, create loud benefit with less resource, that is to say that not only will do harder, but also do more cleverly.
China is making some progress in realizing industry upgrading. The scholars say, the scientific and technological content of the Chinese export product is a lot higher than that of the country of the equal income: It is that the country of China's two to three times is about the same that the Chinese electronic product takes the proportion of the export product and rich intensity. Continue facilitating keeping the competitiveness of China by this kind of momentum development. The grand scale of Beijing Olympic Games demonstrates, the straight efforts of Chinese leaders make China's economy realize that change as follows: Set up the foundation of the economic growth on ripe consumers and the transnational service trade more, reduce to the rural laborer and export the reliance of the goods cheap.
Resources
Another pressure of changing the style of economic increase comes from the enormous consumption of the global energy and raw materials of China's economic growth, and and drink the destruction of the water resource to the domestic air, arable land. If does not improve the efficiency of economic growth, the development of China will be inhibited because the bottleneck has appeared in the supply of these factors of production at last. In fact, China has been perplexed by petrol and electric shortage all the time in recent months, this indicates China can't have no limit to the consumption of resources.
Chinese have been already adjusting for this. The Qiu s 26 years old is new (transliteration) Shanghai one administrative staff of school, buy one Buick triumphant (Buick Excelle) just one year ago Car. But since the government is forced to raise the price of fuel, he did not even open this car in one day of last month. The Qiu s' new statement, this car, becomes one's own burden now. He changes to go to work by bus now.
The volume of consumption of annual per capita energy of China or 1.4 tons of petroleum, this figure is still lower. If the volume of consumption of per capita energy of China reaches the level of U.S.A., equivalent to consume 7.82 tons of petroleum for each person every year, then the volume of consumption of energy of China will be equivalent to the energy which the whole world consumes at present when the time comes. Though China should reach the present volume of consumption of per capita energy of U.S.A. and is far from the thing overnight, but even that the present volume of consumption of global petroleum has already made oil company unbearable.
Professor Xu Xiao of Shanghai Centural European Int'l Indu & Comme Institute says every year, the conclusion is obvious, or the economic growth of China will stay cool a certain period because of energy bottleneck, or China must reduce energy consumption or energy service efficiency of improvement by a wide margin.
Up until now, Chinese Government has been failing to realize the predeterminated target all the time in reducing energy intensity per unit GDP. The energy consumption amount of China unit GDP only dropped by 2.9% in the first half of this year, decreasing amplitude is less than 3.7% of last year. The economists including making for small year say, China should change the government and is fixed on the low-level current situation the price of energy artificially, the market decides the price of energy more, could form the energy-conserving pressure in this way.
Social inequality
Implement the policies of reform and opening to the outside world for only 30 years, weigh with the index of gap between rich and poor, China has already become one of the most unequal societies in the world, has gone even farther than U.S.A. of the super capitalism.
Should admit gap between rich and poor widen one with benefit their, equalitarianism that implement by force Mao Zedong Times hinder people from work full play of person who accumulate at first. But the gap between rich and poor which China is expanding constantly at present is becoming the social destabilizing factor day by day, those are often felt discontented by the person who is pulled down because of building the factory and other facilities, will also initiate the violence protest sometimes.
It needs to mend the social security system already destroyed to solve this problem. Though Chinese Government has been already the work in setting about, working endeavour still remains to strengthen.
Chinese are becoming bolder in challenging the government authoritatively. The Communist Party of China in power needs to widen the legal channel of the expressions of people discontended with government, may strengthen the contradiction conflict among government and the people otherwise, thus increase the difficulty that the government meets the challenge of various.
The Communist Party of China needs to make the Party and government bear greater responsibility for those people failing to draw advantage from economic prosperity, this is an arduous task, because it needs those to change the current regulations from nowadays benefited biggest power stratum under the system voluntarily.
Pei MinXin of Carnegie endowment for international peace says, Communist Party needs to take every care to solve this problem. He says, interests of solving the social inequality problem and not merely involving between the poor and the rich are adjusted, will also cause having different views in ruling elites.
Key word: Economy
Sunday, August 17, 2008
How to make the investment and collect the Olympic Games souvenir? Should hold four keys
How to make the investment and collect the Olympic Games souvenir? Should hold four keys
The Olympic souvenir contains the unique Olympic Games brand and culture value, all important themes of collecting the circle for a long time. As the Olympic Games in Beijing closes on, the quantity of Olympic Games collector of China soars rapidly, the investment value of the collection increases accordingly too.
In the traditional meaning, Olympic philatelic products, souvenir coin and souvenir that the official side issues are that three of Olympic collect the series greatly. In collecting actually, even as small as the match ticket of the Olympic Games, spark, being even as big as medal, torch,etc. all must have historical value and commemorate the meaning. Beijing Olympic Games souvenir is various in style, divides into 11 big classes and more than 7000 varieties, is the top of all previous Olympic Games souvenir. The expert says, how investment preserves value and appreciates the collection of the space, must consider rationally.
Become a collector with heart
Philatelic products. The Olympic Games stamp has been posting the focus that the fan pays close attention to all the time. First the people Feng, deputy chairman of association, collector of Chinese, say, when the whole people meet the Olympic Games, the collector wants to utilize this carrier of philatelic products most, collect culture of Olympic Games and Olympic spirit. He rely on experience predict Olympic Games silk silk old stamp appreciate space can up to 10 times for many years.
Noble metal souvenir. Noble metal souvenir, deserve to be called " leading stocks " in the Olympic Games souvenir . The noble metal collection of the Olympic Games subject matter of Beijing, has already issued 7 sets of souvenir coins, chapters at present, investment value has nothing in common with each other too. The silver plate of Olympic Games is called by sports souvenir committee's director Gu BingFu of Chinese collector's association " What this Olympic Games is put out up until now is intension of Chinese culture and souvenir of the reserve value most " . Compared with silver bar of Olympic Games, though are all silverly, there are more culture elements of the silver plate.
And the gold and silver brick of the Olympic torch in 2008, regard the Olympic torch as the gold and silver brick products that the subject matter will be issued for the first time in the Olympic history in a century; The badge and souvenir coin publish a source together, the meaning is special, artistry is strong, there is few quantity. These two kinds of products are welcomed by the market very much too.
Investment Olympic Games collection, different from investing in the work of art, it is essential to have strong economic strength. Become pieces of collector to have heart, look for rare but the non-renewable one, suit the collection that oneself invest, can make a profit too. If Olympic Games ticket of match have use value use, can collect neat Beijing Olympic Games all venue of admissions, it will be a very valuable collection special topic.
See, issue organization authoritative
Issue organization authoritative, determine collection of products invest value to a great extent. " trick " that reputable collector's suggestion, collect wanting carefully in Olympic Games ,Some enough authority and issue excessive variety, take advantage of " Olympic Games wind " Propagandize, not only unable to appreciate after the Olympic Games may devalue sharply. Could guarantee authoritativeness and reserve value if BOCOG authorizes, licenses the Olympic Games souvenir that a distributor sold, the collector could rest assured to buy.
Verify the procedure strictly in issue of Olympic Games souvenir, badge, expensive metal products, generally authorities such as Chinese gold coin head office, China National Stamp Collection Corp, the People's Bank of China,etc. issue the organization to issue, generally only release the announcement while issuing, and does not advertise.
According to the introduction of third of director's grain of souvenir committee of sports of Chinese collector's association, each special permitted product have only Olympic Games anti-counterfeit certificate, souvenir also can have, collect prove or assay certificate by the way while being different with variety. "Which invests in these souvenirs, will certainly it takes to pay attention to to the monopolized shop which the country licenses and buy, it is out-and-out to guarantee. " Consumers can discern true and false by 10 sites of antifalsification technology on the label, should pay attention to having gift boxes at the same time, whether the gift box is first wife,etc..
Pay attention to the rareness of the collection
The rareness of the collection and can't be duplicatedding must be considered, judge the yardstick or circulation of the collection value and store the question of quantity generation. Circulation of the collection of Olympic Games is mostly between 500,000-1 million at present, issuing the collection lower than 100,000 can be called the rare collection. The insider introduces, some organizations will falsify circulation to build the rare atmosphere of the goods, collector can in order to run more several market, if people that sell for numerous, want, reconsider the investment value of item.
Whether the making craft paid attention to the collection at the same time is superior. The more exquisite workmanship is, the more culture elements incorporated are, the more intellectual embodiment is, the greater reserve value is. Have new craft use for the first time, or many kinds of craft use synthetically, will promote value of investing. In addition, the use of advanced antifalsification technology, have strengthened the counterfeit difficulty, it is the concrete embodiment of the technological content too, can promote value too.
Reserve value mean meaning of commemorating, it collects to be with preserve value, appreciation main purpose. A lot of franchised products are mainly for meeting the demands of masses, can't all bring into range of collecting. It almost has no reserve value for example issue the mascot not putting a limit on quantity.
Have a look and buy the opportunity accurately
Collect and buy stocks similarly in Olympic Games, to person that collects for investment purpose, the quotations of needing to respect the collection operate the law, evade the risk. "Even ' leading stocks ', the chance on time of having a look while buying. " Jingchu posts and learns president Guo Xun how to think, when a regular collection and already 10 times of present market value are in its one's own value, investment risk on very much loud already, potentiality has already been fully excavated in other words. He proposes, when the collection possesses certain collection concept, difference is a twice, worth buying.
Usually but the speech, the price that has just appeared on the market on the secondary market, because there is less source of goods, its market price is often on the high side, only wait for the source of goods to fully enter the market, both parties, through numerous trade, it just relatively has reference value that its stub's price makes a reservation. Even come from " The influencial family " , the Olympic Games collection with bigger potentiality, choosing to buy some and selling point want the consideration carefully.
The investors who plan to enter the market at present had better look out for more collection issued newly, don't pursue high blindly. Keep the gentle and rational psychology, do things within the limits of one's own resources, choose to make the investment, the fun that can enjoy the Olympic Games and collect even more.
Key word: Olympic Games souvenir
The Olympic souvenir contains the unique Olympic Games brand and culture value, all important themes of collecting the circle for a long time. As the Olympic Games in Beijing closes on, the quantity of Olympic Games collector of China soars rapidly, the investment value of the collection increases accordingly too.
In the traditional meaning, Olympic philatelic products, souvenir coin and souvenir that the official side issues are that three of Olympic collect the series greatly. In collecting actually, even as small as the match ticket of the Olympic Games, spark, being even as big as medal, torch,etc. all must have historical value and commemorate the meaning. Beijing Olympic Games souvenir is various in style, divides into 11 big classes and more than 7000 varieties, is the top of all previous Olympic Games souvenir. The expert says, how investment preserves value and appreciates the collection of the space, must consider rationally.
Become a collector with heart
Philatelic products. The Olympic Games stamp has been posting the focus that the fan pays close attention to all the time. First the people Feng, deputy chairman of association, collector of Chinese, say, when the whole people meet the Olympic Games, the collector wants to utilize this carrier of philatelic products most, collect culture of Olympic Games and Olympic spirit. He rely on experience predict Olympic Games silk silk old stamp appreciate space can up to 10 times for many years.
Noble metal souvenir. Noble metal souvenir, deserve to be called " leading stocks " in the Olympic Games souvenir . The noble metal collection of the Olympic Games subject matter of Beijing, has already issued 7 sets of souvenir coins, chapters at present, investment value has nothing in common with each other too. The silver plate of Olympic Games is called by sports souvenir committee's director Gu BingFu of Chinese collector's association " What this Olympic Games is put out up until now is intension of Chinese culture and souvenir of the reserve value most " . Compared with silver bar of Olympic Games, though are all silverly, there are more culture elements of the silver plate.
And the gold and silver brick of the Olympic torch in 2008, regard the Olympic torch as the gold and silver brick products that the subject matter will be issued for the first time in the Olympic history in a century; The badge and souvenir coin publish a source together, the meaning is special, artistry is strong, there is few quantity. These two kinds of products are welcomed by the market very much too.
Investment Olympic Games collection, different from investing in the work of art, it is essential to have strong economic strength. Become pieces of collector to have heart, look for rare but the non-renewable one, suit the collection that oneself invest, can make a profit too. If Olympic Games ticket of match have use value use, can collect neat Beijing Olympic Games all venue of admissions, it will be a very valuable collection special topic.
See, issue organization authoritative
Issue organization authoritative, determine collection of products invest value to a great extent. " trick " that reputable collector's suggestion, collect wanting carefully in Olympic Games ,Some enough authority and issue excessive variety, take advantage of " Olympic Games wind " Propagandize, not only unable to appreciate after the Olympic Games may devalue sharply. Could guarantee authoritativeness and reserve value if BOCOG authorizes, licenses the Olympic Games souvenir that a distributor sold, the collector could rest assured to buy.
Verify the procedure strictly in issue of Olympic Games souvenir, badge, expensive metal products, generally authorities such as Chinese gold coin head office, China National Stamp Collection Corp, the People's Bank of China,etc. issue the organization to issue, generally only release the announcement while issuing, and does not advertise.
According to the introduction of third of director's grain of souvenir committee of sports of Chinese collector's association, each special permitted product have only Olympic Games anti-counterfeit certificate, souvenir also can have, collect prove or assay certificate by the way while being different with variety. "Which invests in these souvenirs, will certainly it takes to pay attention to to the monopolized shop which the country licenses and buy, it is out-and-out to guarantee. " Consumers can discern true and false by 10 sites of antifalsification technology on the label, should pay attention to having gift boxes at the same time, whether the gift box is first wife,etc..
Pay attention to the rareness of the collection
The rareness of the collection and can't be duplicatedding must be considered, judge the yardstick or circulation of the collection value and store the question of quantity generation. Circulation of the collection of Olympic Games is mostly between 500,000-1 million at present, issuing the collection lower than 100,000 can be called the rare collection. The insider introduces, some organizations will falsify circulation to build the rare atmosphere of the goods, collector can in order to run more several market, if people that sell for numerous, want, reconsider the investment value of item.
Whether the making craft paid attention to the collection at the same time is superior. The more exquisite workmanship is, the more culture elements incorporated are, the more intellectual embodiment is, the greater reserve value is. Have new craft use for the first time, or many kinds of craft use synthetically, will promote value of investing. In addition, the use of advanced antifalsification technology, have strengthened the counterfeit difficulty, it is the concrete embodiment of the technological content too, can promote value too.
Reserve value mean meaning of commemorating, it collects to be with preserve value, appreciation main purpose. A lot of franchised products are mainly for meeting the demands of masses, can't all bring into range of collecting. It almost has no reserve value for example issue the mascot not putting a limit on quantity.
Have a look and buy the opportunity accurately
Collect and buy stocks similarly in Olympic Games, to person that collects for investment purpose, the quotations of needing to respect the collection operate the law, evade the risk. "Even ' leading stocks ', the chance on time of having a look while buying. " Jingchu posts and learns president Guo Xun how to think, when a regular collection and already 10 times of present market value are in its one's own value, investment risk on very much loud already, potentiality has already been fully excavated in other words. He proposes, when the collection possesses certain collection concept, difference is a twice, worth buying.
Usually but the speech, the price that has just appeared on the market on the secondary market, because there is less source of goods, its market price is often on the high side, only wait for the source of goods to fully enter the market, both parties, through numerous trade, it just relatively has reference value that its stub's price makes a reservation. Even come from " The influencial family " , the Olympic Games collection with bigger potentiality, choosing to buy some and selling point want the consideration carefully.
The investors who plan to enter the market at present had better look out for more collection issued newly, don't pursue high blindly. Keep the gentle and rational psychology, do things within the limits of one's own resources, choose to make the investment, the fun that can enjoy the Olympic Games and collect even more.
Key word: Olympic Games souvenir
U.S. dollar devalues and brings up the great bull market of seven years of gold
U.S. dollar devalues and brings up the great bull market of seven years of gold
In less than 30 days, the price of gold falls furiously all the way, get Friday of, the international price of gold has already broken 800 dollars / ounce by a fall, slip to 750 dollars / ounce, this is that the price of gold breaks 800 dollars / ounce by a fall for the first time this year too. In March of this year, the price of gold has risen to 1032 dollars / ounce for a time, the amount of decrease has already exceeded 15% up till now. Pessimistic market personage thinks, the gold is possible winter has set in.
The price of gold of the first bull market rose 23 times in 10
Silver invested an introduction of director intelligently according to in the East, the bull market of gold is owned in common twice, lasted from the seventies of last century to the eighties for the first time, during less than ten years, the price of gold rises from 35 dollars / ounce to 850 dollars / ounce, the amount of the increase is up to 23 times.
And impel the fuse that this bull market formed, it is " Bretton Woods System " Disintegration. In Bretton Woods System, U.S. dollar is tied to gold directly, the currency of various countries is tied to U.S. dollar, and can exchange the gold to U.S.A. at official price of per ounce of 35 dollars. However, as U.S.A.'s economic competitiveness is weakened gradually, various countries sell U.S. dollar and exchange the gold one after another, the American gold begins a large amount of outflow. By 1971, the gold stock of U.S.A. supported U.S. dollar not overflowing day by day again, Nixon government is forced in August in the same year to claim to give up U.S. dollar " The gold standard " ,Implementing gold exchange rate to U.S. dollar to float freely.
The price of gold of the second bull market quadrupled in 7
After entering the 1990s of last century, U.S.A.'s economy grew at top speed, the price of gold was in low tide. Enterbmw gt1|benz star|BMW OPS|Mercedes benz star|BMW GT1 DIS |Ford VCM|Lexia 3|renault can clip| this century, there are more and more factors influencing price of gold, for instance emergence of emerging nations such as China,etc.,etc., the price of gold has been soaring steadily all the time.
July of 2001, the price of gold, only for 300 dollars / about ounce, the culmination of station last 1032 dollars / ounce to March of this year.
These 7 years can be divided into two time slots, it was from July of 2001 to last August at first, the price of gold rises from 300 dollars / ounce to 660 dollars / ounce; The second stage is from last August to March of this year, the price of gold went up with higher speed, fewer than 8 months to soar 56%.
Did the price of gold begin to rise violently with higher speed after why was last August? One thinks, the most important reason is that loan crisis once breaks out. The recent international oil price is adjusted back by a wide margin, U.S. dollar is said good-bye to and devalued temporarily too, begins to go strong continuously, tie down the price of gold and drop all the way.
Key word: U.S. dollar Debased Gold Seven years Great bull market
In less than 30 days, the price of gold falls furiously all the way, get Friday of, the international price of gold has already broken 800 dollars / ounce by a fall, slip to 750 dollars / ounce, this is that the price of gold breaks 800 dollars / ounce by a fall for the first time this year too. In March of this year, the price of gold has risen to 1032 dollars / ounce for a time, the amount of decrease has already exceeded 15% up till now. Pessimistic market personage thinks, the gold is possible winter has set in.
The price of gold of the first bull market rose 23 times in 10
Silver invested an introduction of director intelligently according to in the East, the bull market of gold is owned in common twice, lasted from the seventies of last century to the eighties for the first time, during less than ten years, the price of gold rises from 35 dollars / ounce to 850 dollars / ounce, the amount of the increase is up to 23 times.
And impel the fuse that this bull market formed, it is " Bretton Woods System " Disintegration. In Bretton Woods System, U.S. dollar is tied to gold directly, the currency of various countries is tied to U.S. dollar, and can exchange the gold to U.S.A. at official price of per ounce of 35 dollars. However, as U.S.A.'s economic competitiveness is weakened gradually, various countries sell U.S. dollar and exchange the gold one after another, the American gold begins a large amount of outflow. By 1971, the gold stock of U.S.A. supported U.S. dollar not overflowing day by day again, Nixon government is forced in August in the same year to claim to give up U.S. dollar " The gold standard " ,Implementing gold exchange rate to U.S. dollar to float freely.
The price of gold of the second bull market quadrupled in 7
After entering the 1990s of last century, U.S.A.'s economy grew at top speed, the price of gold was in low tide. Enterbmw gt1|benz star|BMW OPS|Mercedes benz star|BMW GT1 DIS |Ford VCM|Lexia 3|renault can clip| this century, there are more and more factors influencing price of gold, for instance emergence of emerging nations such as China,etc.,etc., the price of gold has been soaring steadily all the time.
July of 2001, the price of gold, only for 300 dollars / about ounce, the culmination of station last 1032 dollars / ounce to March of this year.
These 7 years can be divided into two time slots, it was from July of 2001 to last August at first, the price of gold rises from 300 dollars / ounce to 660 dollars / ounce; The second stage is from last August to March of this year, the price of gold went up with higher speed, fewer than 8 months to soar 56%.
Did the price of gold begin to rise violently with higher speed after why was last August? One thinks, the most important reason is that loan crisis once breaks out. The recent international oil price is adjusted back by a wide margin, U.S. dollar is said good-bye to and devalued temporarily too, begins to go strong continuously, tie down the price of gold and drop all the way.
Key word: U.S. dollar Debased Gold Seven years Great bull market
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