Shenzhen Judianchengjin Investment Co., Ltd.

Dalian Precious Metal Trading Center Investment Hotline Q: (Manager Liu) Dalian Precious Metal Investment, Dalian Precious Metal Agent, Dalian Precious Metal Company Agent, Dalian Precious Metal Personal Agent, Dalian Precious Metal Silver Investment, Dalian Precious Metal Silver Agent, Dalian Precious Metal Asphalt Investment, Dalian Precious Metal Asphalt Agent, Dalian precious metal mixed aroma investment, silver, mixed aroma, gold, platinum, copper, energy, fuel hydrocarbons. Since the beginning of the year, the onshore RMB has depreciated by .% against the US dollar, and Shanghai gold denominated in RMB has increased by .%. Even considering that London gold denominated in US dollars has increased by .%, RMB-denominated gold still performs very well in hedging the risk of recent RMB depreciation. Although there is no basis for long-term depreciation of the RMB, in the current environment of asset shortage, high volatility, and low returns, moderate allocation of gold assets is also a choice for value preservation.
In response to the economic crisis since the beginning of the year, major economies have started quantitative easing in unison. After the central bank implemented a zero interest rate or near-zero interest rate policy, it increased the base money supply and injected a large amount of liquidity into the market by purchasing medium and long-term bonds such as treasury bonds. sex. Taking China as an example, from the beginning to the end of the year, the broad money supply increased by .% cumulatively. From the figure below we can see the exponential growth of M.
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Currency can be overissued, but gold cannot. From the discovery of gold more than 4,000 years ago to the present, there are only 10,000 tons of existing gold in the world. It is estimated that more than half of the world's gold exists in the form of general commodities, such as jewelry, electronic products, etc., with less than 1,000 tons. Financial reserve assets can be circulated in the financial field.
Since 2009, the global average annual supply of gold has been around tons, of which mines have produced approximately tons and recycled gold has recycled approximately tons. Based on the total amount of 10,000 tons, we estimate that the global gold supply increased by .% from the beginning of the year to the end of the year.