Gold crude bitcoin
1. Legitimacy
the domestic futures market countries set up financial derivatives trading venues, which are composed of four exchanges, namely, China Gold Exchange, Shanghai Futures Exchange, big business exchange and Zheng business exchange, which are supervised and managed by China Securities Regulatory Commission, futures monitoring center and futures association according to law
except bitcoin, which has a perfect management mechanism, the management of other digital currencies is chaotic and belongs to non-governmental organizations. Governments have never recognized the legality of digital currencies. Credit is completely managed by the self-discipline of issuers and participants, which poses great risks
Domestic futures: 9:00-10:15 a.m., 10:30-11:30 p.m. and 13:30-15:00 p.m. from Monday to Friday (except holidays)digital currency: it can be traded 24 hours a day, and the trading time is in line with the international market
3. Proct selection
domestic futures: at present, there are dozens of futures varieties, and each variety has at least four months of contract, with standardized management and large trading volume, so it is difficult for funds to control the market
digital currency: the management is not standardized. Although many non-governmental organizations or indivials have set up a lot of digital currencies, the information is limited, and it is difficult to understand the situation of a certain digital currency. Some digital currencies have hierarchical relationship between the upper and lower families. Investing in a certain digital currency is a matter of luck, without any data as a reference
4, two-way trading
domestic futures, with its own leverage, can be two-way trading, long and short can be, t + 0 trading, after the profit can appear
digital currency: long by one side, and the so-called depletion of power resources to mine, the relationship between the superior and the subordinate profits
bitcoin and other virtual currencies are open source programs, and the parameters and methods of their total amount limit are displayed in the open source code, so as to show the operation mechanism of the currency system openly and transparently. However, Vicat does not disclose its source code, which in itself violates the basic principles of virtual currency. " In addition, bitcoin and other virtual currencies are scattered transactions spontaneously formed in the market, and after the scale is formed, the third party graally establishes an exchange to complete the transaction. The Vicat is issued by itself and traded on its own platform. The so-called cooperation with the bank is nothing. Vicat currency, which has problems in basic properties, has high investment risk, so investors need to be cautious Netease News)
in the coin circle, bitcoin home and many mass media have also exposed the pyramid scheme of Vicat under the guise of bitcoin
economists point out that Vicat is a virtual currency with the nature of multi-level pyramid selling, and its investment risk is extremely high, so participants should be cautious China business website)
first, the relationship between the stock market and the US dollar
the stock market is a risky asset. When the economy is good, the liquidity is abundant and the currency depreciates, it will rise. At this time, the US dollar will fall, and the gold denominated in US dollar will rise, but the rise is less than that of the stock market< Second, there is an interactive relationship between us dollar and crude oil. The rise in crude oil prices will affect the world economy, including the United States, the world's largest crude oil consumer. The inflation pressure brought by the rise of crude oil price will bring depreciation pressure to the US dollar, and the direct consequence of the depreciation of the US dollar is that the price of crude oil in US dollar will also rise. Conversely, a decline in oil prices is a good signal to the economy, and people's confidence in the US economy will push up the US dollar exchange rate, leading to a further decline in oil prices< Third, gold and crude oil
gold is a hedge against inflation, while the rise of oil price means that inflation will follow and the uncertainty of economic development will increase. At this time, the role of gold hedging will be favored
there is a positive correlation between gold and crude oil. The rise of crude oil price indicates the rise of gold price, and the fall of crude oil price indicates the fall of gold price
in the medium and long term, the fluctuation trend of gold and crude oil is basically the same, but the range is different. Generally speaking, gold and crude oil prices are positively correlated< Fourth, the relationship between the US dollar and gold
first, the US dollar and gold are the strategic reserves of all countries in the world. If the US dollar rises, it will naturally weaken the value of gold as a reserve. On the contrary, the weakening of the US dollar will also increase the value of gold as a strategic reserve
Second, the economy of the United States is still the backbone of the world economy. As a country accounting for 1 / 4 of the world economy, the economy of the United States certainly reflects the world economy, and gold is inversely proportional to the quality of the world economy
thirdly, gold is priced in U.S. dollars, so when the U.S. dollar rises, of course, gold will fall. On the contrary, when the U.S. dollar falls, the price of gold will also rise. In a word, gold is negatively correlated with the US dollar. When the US dollar rises, gold will fall, and when the US dollar falls, gold will rise< 5. Stock market and crude oil
if the stock market falls, it is generally regarded as a sign of bad economic situation. A bad economic situation means a drop in demand for crude oil. With fewer people buying crude oil, the supply will exceed the demand, and the oil price will naturally fall. On the contrary, if the stock market goes up, the oil price will also go up. In this case, there is a positive correlation between stock market and oil price
the four markets of stock market, US dollar, gold and crude oil are interrelated and influence each other.
1、 When the oil price rises, the gold price will also rise
When the oil price falls, the gold price will also fall When the US dollar depreciates, the price of oil rises When the U.S. dollar rises, oil prices fall Third, there is a negative correlation between gold and the US dollar.
1. From the perspective of gold demand, because gold is priced in US dollars, when the US dollar depreciates, using other currencies to buy gold, the same amount of money can buy more gold, which leads to an increase in the demand for gold and further promotes the gold price
If the U.S. dollar appreciates, the price of gold will become more expensive for investors using other currencies, which will restrain consumption and lead to the decline of gold price
extended data:
1. Main driver of global inflation
1. Crude oil is the main driver of global inflation
Crude oil has a direct impact on PPI inflation in major economies, and has a direct and indirect impact on CPI inflation in the world's major economies Second, monetary attribute pricing commodity1. Gold is a monetary attribute pricing commodity
2. Gold has commodity attribute, monetary attribute and financial attribute, and its price anchor lies in its monetary attribute; The essence of gold's anti inflation function and risk aversion function is that there is a negative correlation between gold without interest rate increase and the rate of return on capital (real interest rate), which fundamentally reflects that gold with monetary attributes can be regarded as a general equivalent
Third, inflation and market risk preference are in a continuous equilibrium2. Crude oil affects inflation, gold follows inflation, and the gold oil ratio fluctuates in a relatively stable range most of the time
under normal circumstances, oil price falls, instrial proction cost decreases, commodity inflation pressure decreases, and commodity price tends to go down. It's good news for the transportation and automobile instries. The decline in oil prices has reced the profits of oil procing enterprises. If oil prices go up, energy costs for businesses and consumers will increase. If the European economy is sensitive to the price of Brent crude oil, the price rise of Brent crude oil may drag down the European stock market. Some analysts call the relationship between oil price and stock price "seesaw"
3. The relationship between gold and stock price
when the stock price rises, investors will sell gold to buy stocks, and then continue to push the gold price down. Citibank research shows that there is no obvious regular relationship between gold price and inflation rate.
