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The Turmoil In Global Financial Markets Is Crumble Everywhere

2016/2/16 12:57:00 30

Global MarketFinancial MarketEconomic Situation

During the Chinese Lunar New Year, the global financial market was in turmoil and felt everywhere collapsed.

"Buying gold in troubled times" has become the choice of people. COMEX gold rose 6.98% during the Spring Festival, up 16.6% this year.

So what are the convenient ways to buy gold for speculate stock investors?

You don't need to pfer money, you don't have to go to a bank, you don't have to open a gold exchange account, you can buy gold in stock accounts, buy gold just like buying stocks.

According to statistics, in the A stock market, there are 7 funds that track the trend of gold prices.

With these funds, you can easily buy gold tracks.

Today, after the opening of A shares, 7 gold funds rose and 6 rose more than 4%.

So, here are the 7 funds.

3 LOF (Listed Open-end Funds know that they can buy and sell in the field, as for what LOF does not know so much about).

Gold Fund

Lin Weibin, the ETF fund manager of Yi Fang Da gold, said that in the long run, the development of the global credit monetary system since 1970s has led to a sharp increase in the global monetary and financial system.

Under the background of credit and currency spamming and cyclical economic and financial crisis, gold is still attractive as inflation hedge and hedge assets.

In the short term, in 1-2 months of 2016, the global financial market was highly volatile, and the short-term and middle risk hedging properties of gold increased. The market expected the fed to slow down the pace of interest rate hike and suppress it.

Gold price

The interest rate factor weakened.

At present, gold price of 1220 US dollars / ounce has exceeded the first resistance level of US $1200.

In fact, from the volume and share of the paction, these gold in the field.

fund

The scale is not big, and these days, gold is gaining market attention.

However, if the financial market continues to be turbulent, these funds are still valuable for the investors in the field, and they can buy and sell gold like buying and selling stocks.

The data also show that the share of the gold fund has increased considerably since the beginning of this year.

According to the gold ETF (518880), the share of the fund was 320 million at the end of last year, and the latest data show that in February 5th, the fund's share had reached 591 million, an increase of 85%.

As for the trend of gold, Ren Zeping, the chief macroeconomic analyst of Guotai Junan, a great voice seller, and Jiang Chao, chief macroeconomic analyst of Haitong Securities, are very optimistic about gold.

So what do these buyers' institutions think?

Look at how the fund managers of two big fund companies, Yi Fang Da and Bo Shi, say.


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