China's Aunt Was "Completely Annihilated" And Became An ATM For Wall Street Predators.

< p > since April 12th, Wall Street has been selling panic gold for three days in a row. "A href=" http://sjfzxm.com/news/index_s.asp "China mother's < /a" has gone against the market. It has gone crazy in gold decoration shops in Shanghai, Beijing, Hongkong and Macao, and three days and 300 tons of gold have been swept away.

Therefore, some people jokingly "Chinese mother" beat Wall Street to hold the gold market, so that gold prices will rise steadily.

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< p style= "text-align: center > > 4-5 months this year, many residents rush to buy a href=" http://sjfzxm.com/news/index_cj.as "> Gold < /a > Jewelry > /p >

< p > in fact, "Chinese aunt" buying gold jewelry "crazy fried bottom" gold, can not change the ultimate trend of gold price. The so-called "hold gold price" is just the coincidence of gold price rise and fall.

Do not say "scattered soldiers" like retail investors, is the European and American governments and Wall Street "struggle", are often downwind.

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< p > the purpose of "Chinese aunt" buying gold is to preserve value.

However, at present, the price of gold is calculated in US dollars, and the rise and fall of gold price is not related to the renminbi, which is related to the exchange rate of the renminbi against the US dollar.

The renminbi only depreciates its internal purchasing power, and from the exchange rate, the renminbi appreciates against the US dollar.

Therefore, buying gold in Renminbi can not resist the decline in purchasing power of RMB. < /p >

< p > in other words, after the gold standard is removed, its monetary attributes disappear, and because it can not bring investment returns in itself, it is no longer an investment product. It is impossible to maintain and increase value. Gold in gold stores is also not assets, at best, it is only a luxury consumer goods, and it is even more impossible to resist inflation.

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< p > in fact, < a > Golden bull market < /a > ended as early as the end of last year, and began to enter the monkey market from bull market to bear market last year.

The fall in gold prices in April 12th marked a fall in the price of gold and the further decline in international gold prices, which could fall to $1300 an ounce next year.

Plus the cost of the gold shop, which includes the cost of design, pportation and so on, the purchase and sale will cost a certain proportion.

Once in and out, so calculated, "Chinese aunt" bought at least 50% yuan, equivalent to 100 yuan of goods, spent 200 yuan! Rather than the bottom plate, it is actually a super high take over! What's the value of preservation?! < /p >

< p > from Goldsmith's goldsmith store, we can see that millions of ordinary people will speculate as investment and consume gold as a gold asset.

If these basic concepts of finance are not clear, ordinary people will always be the only ones to be slaughtered in the financial market. They will always be Wall Street's cash machines.

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< p > because China's economy began to cool down, it reduced demand for commodities, including metals and petroleum.

In the bulk commodity market, gold prices are generally proportional to other commodities.

Wall Street saw this trend and began to sell short gold.

This is what I have mentioned repeatedly before that the gold market has shifted from bull market to bear market, and now it has entered the monkey market - a stage of ups and downs.

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< p > and because gold has long been overly securitized, the gold price of international gold futures is derived from 1 ounces of physical gold, which is derived from 100 ounces of paper gold. It can not be converted into real gold coins, but the price is higher and higher. This is why the concentration of more than 400 tons of gold is concentrated, and its value is as high as about 20 billion US dollars. However, due to the existence of the futures leverage, it can only be completed by about 1 billion dollars.

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< p > in fact, although they are all gold, the sale of Wall Street and aunt is two world things.

Technically, buying and selling gold in Wall Street is purely digital game.

Because according to the rules of commodity futures game, more than 90% of the short sellers do not have the actual delivery, and the short sellers eventually leave the market and do not involve the actual delivery.

Therefore, it is good to say that China's aunt defeated Wall Street, "Guan Gong war Qin Qiong".

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< p > gold has been mined 170 thousand tons today, and the earth has 2 million 500 thousand tons of gold available for exploitation.

At the same time, it is estimated that there are 60 million tons of gold in the ocean.

Theoretically, "the amount of gold stored in the earth is unlimited", and how much depends on mining technology continues to improve.

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In addition, gold will not disappear, and how much will be produced, and industrial gold will be very few. For example, last year, industrial gold accounted for only 3% to 4% of the production volume. P

So once gold is extracted, it will not disappear.

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< p > June 14th, the international gold price closed at 1390 US dollars an ounce, equivalent to 275 yuan a gram.

Even if we don't consider the cost of gold decoration, no lucky Chinese mother can keep the cost and make profits. If we add the price of the gold ornaments shop and the discount at the later sale, "China's mother will be completely annihilated"!

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