Stock market, currency and international gold
"MLM coin" has no connection with the blockchain, and even has no basic wallet. It is a "concept", and the loudest slogan is "high return". You know, the birth of any kind of encrypted digital currency has no value before it is recognized by users. If you've never heard of a situation with a high rate of return, avoid it.
the factors that affect the change of gold price
1. The attitude and trading actions of central banks towards gold reserves. The trading of gold reserves directly affects the balance of the gold market, so it has a great impact on the gold price. On May 7, 1999, when the Bank of England announced that it would rece its gold reserves from 715 tons to 300 tons, the price of gold began to fall from $287.10. On July 6, the Bank of England cut 25 tons of gold auction for the first time, and then the IMF also said that it planned to sell 310 tons of gold in its hands, which once caused a great disturbance in the gold market and made the gold price worse. The signing and successful renewal of the Washington Agreement signed in 1999 greatly affected the attitude and trading actions of central banks in various countries, and promoted the recovery of gold price
2. The level of inflation. For a long time, gold has been a means of preventing inflation. During 1974-1975 and 1978-1980, because of the serious inflation, people's currency devalued relatively. It shakes people's confidence in the currency, and set off a general rush to buy gold. Gold prices rose rapidly. During this period, gold holders successfully prevented the risk. During the Asian financial crisis in 1997, e to the significant currency depreciation and price rise in relevant countries or regions, the price of gold in local currency rose significantly
3. The influence of exchange rate. The influence of exchange rate on the price of gold can be analyzed from two aspects: on the one hand, gold is usually priced in US dollars. If the exchange rate of US dollars increases, the price of gold expressed in US dollars will naturally decrease, otherwise it will increase. On the other hand, the exchange rate also affects the gold price by affecting the flow of funds among financial assets. Generally speaking, when the US dollar exchange rate is bullish, the funds invested in US dollar assets will increase sharply, the gold market will be relatively cold, and the gold price will also fall. On the contrary, gold will be sought after and the price will rise. We can see this clearly from the trend of gold price change. For example, in 1985-1987, the US dollar depreciated by 40% against the Swiss franc, while the price of gold rose from US $300 to US $500 an ounce. Another example is the recent sharp rise in gold prices, which has a lot to do with the relative weakness of the US dollar exchange rate
4. The influence of oil price. When the oil price is at a low level, people's expectation of inflation is low, and the pressure of buying gold to maintain its value or investing in gold is reced, so the price of gold is low, and vice versa. The relationship between gold price and oil price is the same direction. At present, e to the unstable global economic recovery, the reconstruction of Iraq after the US military action against Iraq and a series of problems arising from it, crude oil supply is facing the risk of shortage, which leads to the rise of oil prices. In March 2005, the NYMEX crude oil futures price exceeded 57 US dollars per barrel, and the rising crude oil price led to the rise of people's concerns about inflation, It supported the gold price
5. The influence of stock market. The stock market is the "barometer" of the economy. When the economy is running well, investors are more willing to make profits from the stock market. Therefore, the gold price tends to be weak when the stock market is rising, but the economic operation is poor. When the stock market is falling, the gold price generally shows an upward trend
6. Political factors. Gold is seen as the safest way to invest against the risks of unrest and war. International tension often causes people to rush to buy gold, and the price of gold rises accordingly. This characteristic of gold is unmatched by ordinary currency, and it is also an important reason why countries still attach great importance to gold reserves. For example, the hostage crisis of the United States in Iran at the end of 1979 and the Soviet Union's dispatch of troops to Afghanistan on December 26, 1979 promoted the sharp rise of gold price. On January 18, 1980, the gold price in London was as high as $800 an ounce, while the gold futures price in New York broke through the $1000 an ounce mark on that day. For another example, the recent international political situation is still tense. Although the Iraq war has ended, the threat of terrorist attacks still exists. There are also nuclear conflicts between the United States and North Korea, which have promoted the rise of gold prices to a certain extent
the basic characteristics of gold price trend in the future. On the whole, the current gold price has entered a historical stage of stable upward fluctuation, and the long-term price of gold is less likely to fall significantly. In 1999, the price of gold dropped sharply to 254 US dollars / ounce, which once caused the panic of the international community. From the analysis of the current situation, it is unlikely that the price of gold will drop to the low level in 1999 for quite a long time to come
first of all, as the output of gold tends to decline in the future, it is difficult to see the obvious oversupply of gold. The world's gold proction has also entered a negative growth trend in successive years. Gold procers in the United States and Canada are in a bleak year of capital shortage, layoffs and asset sales. Of course, the rise in gold prices will also encourage gold companies to increase proction. In addition, the manufacturing instry, electronic instry and jewelry instry control the gold selling, so gold has the conditions for multiple investment choices
secondly, the international turbulent political situation and the impact of the U.S. credit crisis have made the growth of gold investment demand a new bright spot of gold consumption. In recent years, the volatility of U.S. stocks and the depreciation of the U.S. dollar have led to the withdrawal of a large number of funds from the U.S. stock market and foreign exchange market and the transfer to the gold market. Gold's hedging function has been favored by people again. In order to maintain the value of gold, investors all over the world have increased the amount of gold purchased, which has changed the situation of indifferent gold investment in recent years and made the price of gold keep rising. The gold market is only a small part of the global financial market, but it is a safe haven for investors who tend to "hard assets" in turbulent times around the world, which makes the international hot money choose the gold market< 1. Gold should be used as an important investment channel. The establishment of gold market provides new investment and risk aversion channels for enterprises and residents. Different from securities investment, the purchase of gold is based on physical objects. No matter how low the price of gold is, there is always value. Especially when the stock market and bond market are in downturn, the investment value of gold will be highlighted. Since 2000, especially after the 9.11 incident, the stock markets in Europe and the United States have been falling continuously, and the price of gold has risen sharply for five consecutive years. The attraction of investing in gold has begun to show. Therefore, in a certain period of time in the future, as a new investment channel, gold is expected to be favored by investors
2. Pay attention to the gold price trend and the degree of preservation. As an investment proct, the profit rate of panic is generally lower than that of the stock market, but because of its stable value, it is often used as a hedging tool. From the performance of the market, the price of gold always moves in reverse with the stock market. When faced with huge economic fluctuations and the decline of the stock market and other investment markets, buying gold can be used to avoid financial risks. When the economic situation is good and the stock market develops steadily, the capital will tend to gather in the stock market with higher profits, and the gold price will fall, but it can still be used as a low-risk choice in the portfolio. At present, although China's annual gold proction and sales reach about 200 tons, which is the fourth largest gold procer in the world, it only accounts for a small proportion compared with the international gold market. As a result, price fluctuations are more likely to fall, following the trend of the international market. In recent years, China has basically realized the connection with the international market price by opening up the gold market. The long-term slow upward trend of gold price determines that it has the function of preserving value, which can ensure that people's existing income will not be swallowed by the long-term inflation; At the same time, the continuous fluctuation of gold price determines its investment value. People can still make use of this fluctuation to "buy and sell" to earn the price difference. However, it should be noted that the rise of monetary interest rate will lead to the decline of gold price. Because when the monetary interest rate is quite high, the opportunity cost of storing gold will be very high, and investors are more willing to buy interest bearing assets than gold. The drawback of buying gold is that storing it doesn't bring interest
3. The motivation of investing in gold should be mainly in maintaining and increasing the value. The most ideal function of gold is to maintain its value, but it can also increase its value. Although the return of investment in stocks is higher, it is matched with its high risk. Of course, the key to choose stocks or gold lies in the investment demand and risk tolerance of investors. Indivial investment in "paper gold" is similar to foreign exchange trading. Investors can decide whether to buy or sell according to the bank's quotation, and earn a price difference. The only difference is that there is interest on foreign exchange deposits. And gold has no interest, so does physical gold. Although it can play a role in maintaining value, it has no interest. But gold, after all, is a hard currency. No matter which country or era investors agree with the value of gold. This is hard to compare with stocks or coins. In a sense, gold can be compared to life insurance. What they have in common is that people's purchase of life insurance has an important subjective value - to get peace of mind and know that if something unfortunate happens, the family will have something to rely on. Gold also provides peace of mind to protect your assets from financial disaster. The advantages of gold in diversified investment structure reveal a convincing logic. But there is another characteristic of gold that life insurance can't compare with. After the premium is paid, the premium will be handed over to the insurance company. As long as there is no loss, the fund will belong to the insurance company, that is, the payment of insurance premium is one-way. Investing in gold is different from holding gold with higher value
4. Choose the appropriate investment mode according to the development stage of gold market. There will be a process for the launch of procts in China's gold market; In the short term, Shanghai Gold Exchange will mainly provide trading platform and related services for spot gold trading. Obviously, the participants in the initial stage will mainly be some institutional investors, mainly engaged in gold trading or investment related to actual needs. The majority of resident investors focus on understanding gold trading knowledge and making preparations for gold investment. When indivial gold investment procts, such as gold passbook and nugget gold procts are launched, it will provide a good way for indivial investors to participate in investment. For domestic investors, it is not possible to invest or hedge through gold futures trading in the short term. As mentioned above, there will be a process for the introction of forward, futures and futures trading, when investors can make more comprehensive investment or hedge in the gold market
5. Don't hoard gold ornaments blindly because of the rising expectation of gold price. At present, the full gold jewelry in the domestic market is processed. Factories and businesses have generally spent the cost on the style and technology of gold jewelry, increasing the added value, so the value preservation function is relatively reced. However, many consumers who buy gold ornaments also say that the main purpose of buying gold ornaments is decoration, and the view of value preservation is only relative to other gems, artificial and silver jewelry
6. Pay attention to the exchange rate risk of gold investment. In the long run, the fluctuation of RMB exchange rate will have a certain impact on domestic gold investment and proction. The current RMB exchange rate
1. Differences between exchanges
domestic gold futures are mainly listed in Shanghai Futures Exchange, which has been listed for less than 10 years. International gold futures, now affiliated to CME trading group, developed from New York and Chicago gold markets in the mid-1970s. Today, the New York Mercantile Exchange (Comex) and the Chicago Mercantile Exchange (IMM) have become the world's largest gold futures trading centers, and both of them have a great impact on the gold price of the spot market
2. Contract difference
the trading unit of domestic gold futures standard contract is 1000g per hand, and the minimum trading margin is 4% of the contract value. The standard contract size of international gold futures is 100 ounces per hand, and the margin is given by the exchange
3. Income difference
the income of domestic gold futures is calculated as: (selling price buying price) * 1000g, while the income of international gold futures is calculated as: (selling price buying price) * 100oz.
Qinghai Fuyun blockchain Big Data Center Co., Ltd. is a limited liability company (solely owned by natural person) registered in Chengzhong District, Xining City, Qinghai Province on September 25, 2017. Its registered address is room 1151, unit 1, building 1, No. 7, Changjiang Road, Chengzhong District, Xining City, Qinghai Province
the unified social credit code / registration number of Qinghai Fuyun blockchain Big Data Center Co., Ltd. is 91630000ma757yj06b, and the legal person is Zhou Tianyu. At present, the company is in business
the business scope of Qinghai Fuyun blockchain Big Data Center Co., Ltd. is: blockchain technology development, technology transfer, technology consulting, technology service and technology promotion; Internet information service; Engaged in Internet cultural activities The above business scope shall be approved according to law, and the business activities can only be carried out after the approval of relevant departments)
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author | network big data
< / blockquote > < blockquote >source | speech by Lilia severina
< / blockquote >1. Business interruption caused by power failure forces the government and enterprises to take action
the higher the degree of it, the higher the dependence on infrastructure, so the greater the impact of business interruption caused by power failure. In a survey of a recent or major shutdown accident in an enterprise data center, about 33% of the respondents said that the main cause of the accident was power supply and distribution failure
users are puzzled by the problem that the service can not be recovered quickly after power failure. Regulatory agencies around the world began to put forward requirements on the ability of quick response after power failure, and issued punishment measures for power failure
The next wave of Internet construction is in progress, and the construction will focus more on the edge. Bandwidth, cost and delay are one of the reasons for the demand of edge data center. Large regional data center can meet a variety of needs and support thousands of micro data centers (100 million level equipment)3. The energy utilization of the data center is rising
in 2020, the energy utilization of the data center will continue to rise steadily, making the regional power grid tense According to the special report on energy use and carbon dioxide impact of data center instry in the past five years, the energy consumption of European data centers was about 104 TWH in 2014, and it has increased to 130 TWH in 2017, an increase of 25%; In 2018, the energy consumption of China's data centers will be 160 TWH, and it will reach 266.79 TWH by 2023
The new business, video, blockchain, etc. generated by5g are also one of the driving forces
Cash flow promotes the development of data center market. New investors may have a longer investment time line and a lower return threshold. Enterprise operators may find that their customers have a strong interest in data centers, especially in cities or on the edge of cities5. The more data there is, the more automated data centers there will be.
DCIM and cloud driven AI provide the possibility for the automation of data centers. Operators will use automation in refrigeration optimization, low utilization server, intelligent power supply and other fields. Mature data center management model can be divided into five levels: foundation, passive response, active response, optimization and automatic optimization. The software will be widely used in the whole data center
6. The sharp drop in cost has created great opportunities for lithium battery energy storage in data centers
according to the data of Peng Bo, from 2010 to 2018, the cost of lithium-ion battery (US $per kWh) has decreased by 85%. Most analysts expect that in the next five years, with the emergence of large-scale proction, prices will continue to decline steadily, which creates a great opportunity for lithium energy storage in data centers
7, "pay as you go" mode extends to key infrastructure
more and more businesses and operators want to adopt the "pay as you go" mode, including infrastructure. Operators want to transfer risks of obsolescence, misuse, non-compliance or changing demand. Provides management tools, critical power and micro data center services
8, the demand for micro data center is increasing
the demand for micro data center construction is increasing, and it will be stronger and stronger after 2020. Many manufacturers enter the market with innovative design and optimize for specific needs. Telecom companies will be big demanders, and retail and manufacturing demand will also be strong
9. There is a general shortage of professionals, and it is deteriorating. The shortage of manpower will bring many consequences, pushing up costs and, in some cases, increasing risks. It will take several years for owners, trainers, etc. to adapt to the increasing demand for manpower
10. Climate change promotes data center legislation
national and urban legislators hope that data center will be more environmentally friendly. These strategies include: setting a larger allowable pue, banning fossil fuel standby power supply, and encouraging heat reuse. The climate crisis has enabled the next generation of leaders to strengthen data center control
1. Bitcoin can be untraceable. For some users who do not want to trade through centralized institutions, it is more convenient to use this, and it is untraceable! For example, last year, the global extortion virus was like this, and the global financial mutual aid started the year before last
2. As a decentralized digital currency, bitcoin can be directly used in cross-border transactions, which can save the trouble of layer upon layer approval. As long as two people reach an agreement, they can trade. And as long as there is a network, you can achieve free trade
3. The global recognition of bitcoin is high. So far, we can see that in some countries with war or economic or political turmoil, if you want to go abroad, you can't carry your own cash, because in other countries, you don't necessarily agree with your country's money
4. It's easy to carry. In the world, gold is the most recognized "money" and the most widely circulated "money". However, one of the biggest defects of gold is that it's not easy to carry. If you take half a ton of 100 kg gold to any place, you can't get it at all. But if it's bitcoin, even if it's a 10 billion asset, as long as you install a bitcoin wallet on your mobile phone, you can take it with you smoothly
5. In the above situations, many people are in demand, and the market is very large. At present, the market value of bitcoin has just exceeded one trillion, which is far from meeting the market demand, so the price of bitcoin will continue to rise< However, we should also pay attention to the following points:
1. Bitcoin can never replace the legal currency in circulation.
the reasons are as follows: (1) society is a centralized society, but the diversity of society has led to a small number of people having such demand, but it will never become the mainstream
(2) legal currency is relatively stable, and when we use it in the society, it is easier to measure the value of an item. The fluctuation of bitcoin is too big to measure the price of an item. Bitcoin is just an item
2. As we have said before, bitcoin is decentralized, so there will be national policy risks. This should be understood, but there is no need to be too alarmed. There are reasonable reasons for any existence! Bitcoin is hard to die out!
in terms of the development of human society, the situation of about 10 years is dominated by politics, the situation of about 30 and 50 years is dominated by economy, and the situation of more than 100 years is dominated by technology. That is to say, as we learned from the old man Marx, "proctive forces determine relations of proction."
the invention of steam engine and electric motor has brought human beings into instrial civilization and capitalism. The emergence of the Internet is very short, only a few decades, but it has brought enough changes to our life, economy and politics
which politician will not pay attention to the trend of Internet public opinion now? Twitter alone can launch the orange revolution, which is the political and economic impact of technology
the existence of a state is not necessary. The present stereotyped world pattern appeared only after World War II. The state is the proct of the underdeveloped transportation and the lack of smooth information transmission. Now we all realize that the government is not always just. Maybe one day, multinational companies will become another form of organization in the world, which is also impossible. Apple, for example, has surpassed too many small countries
so lightning bitcoin is worth trying to invest. But I'm talking about a long-term, at least five-year cycle. Take out the money that you won't feel sorry for if you lose it and put it in
don't fry money. The best way is to make a fixed investment.