Both Arthur and Smith understand that the rise in the price of gold is actually a monetary phenomenon.

And most of today's gold bulls hold the same view. Gold rose because in the aftermath of the financial tsunami, countries opened the floodgates and printed money, causing a flood of currencies.

However, this view is not entirely correct, and it may be a bit biased to focus only on what happened after the subprime mortgage crisis.

From 2001 to 2008, the price of gold rose from US$250 per ounce to US$1,032 per ounce, an increase of more than 300 per cent. Over the years, even as the price of gold has been rising, the overall debt level of the White-headed Hawk and the total assets of the Fed's balance sheet have skyrocketed.

Of course, Bald Eagle Treasuries and the Fed's ballooning balance sheet are not isolated cases, and in the eurozone, most member states have deficits above their own red lines, which is why European debt problems are now occurring.

Britain and the footbasin are also heavily indebted, especially the ratio of the footbasin's debt to GDP has nearly tripled, and the recession that began for more than 20 years after the bubble economy burst at the end of the eighties of the last century seems to still plague the footbasin...

From 2001 to the present, gold has achieved a very considerable increase against all currencies, in fact it is not so much gold that is appreciating in value, but rather depreciating in the currency, and this process began as early as the beginning of the century!

In fact, Arthur also found a very interesting thing, that is, as an investment variety, gold is often criticized, and from time to time some people question gold as an investment product, especially the higher the gold price, the more fierce the debate on the gold bubble theory, among which there are many influential figures in the investment market and some countries in various countries, such as Warren Buffett, Soros and so on.

Even if the current gold price of more than $1,100 is still far below the inflation-adjusted 1980 gold price high of $2,300 per ounce, even if this round of sharp rises has increased the gold price by more than 300 percent, greatly exceeding the imagination and earnings of the vast majority of investors, experts and even masters...

What's even more interesting is that Warren Buffett, the stock god who threw out the idea that "gold is a JI that can't lay eggs". Since the second half of the 90s, he has been buying a lot of silver, and at one point his position reached two-thirds of the long silver position in the entire US capital market.

Not to mention that silver is not the same as gold is a "chicken that does not lay eggs"?

When Berkshire Hathaway's stock price plummeted in the 2008 Wall Street stock market crash, it was because of the huge amount of silver that the stock god relied on the great bull market of silver to turn the situation around.

(One more thing to say here, all countries in the world are scrambling to buy and hoard gold, as for the banknotes in their hands, whether they are worth it or not, I believe everyone knows it.) Instead of using money to speculate in stocks, it is really better to buy some gold and keep it in value... ）

After the financial tsunami caused by the subprime mortgage crisis, many countries such as Bald Eagle adopted the method of printing money to solve the dilemma, and the global flood of paper money is unprecedented, if gold is a bubble, then paper money is an even bigger bubble!

"Actually, you and I both know that even now, gold investment is far from being as hot as everyone thinks, and it is not appropriate to describe it as a bubble, but in view of the situation since last year, I think 2010 will be the most outstanding and glorious year since the second round of the gold bull market!" Arthur leaned comfortably in the boss's chair and looked at Smith with a relaxed expression.

Smith nodded and said: "I did waver in the debate about the gold bubble before, but after the new finance minister Chen expressed his support for the depreciation of the yen and further stimulus measures at the beginning of his inauguration on the 7th, I no longer question the general trend of gold."

Historically, it is not without precedent for the foot basin to raise the yen exchange rate in the face of an economic downturn and the failure of macroeconomic policies. As early as the financial crisis of 98, as an economic power, the footbasin opened the "Pandora's box" of depreciation without any scruples, and safeguarded its own interests at the expense of other countries.

Today, with the US dollar constantly breaking historical records against the yen, the next policy of the footbasin is undoubtedly the focus of the market. If it is really the first to open the magic box, other countries will inevitably follow, and when the time comes, all currencies will depreciate, and gold is undoubtedly the best hedging tool. ”

"Hehe, for us, the depreciation of the yen is a good thing. Arthur smiled and picked up the coffee cup on the desk, took two sips of Meimei, and continued: "Actually, as long as we only implement the plan we have formulated, in the financial market, there are too many types of investment and projects, we don't have so many manpower and financial resources to choose too much, focusing on two or three things is enough for us to make huge profits."

There is no end to money in this world, by the way, this time I went to the Celestial Empire and found several interesting companies, among which there is a door hu website that has been listed in the United States very early, called Netease, several online games under this network company are very potential, I think, I can take out some money to buy some of its stocks, I think, the future harvest will be very good. ”

"Netease?, the portal site for online games?" Smith asked again, somewhat uncertain.

"Well, the penetration rate of personal computers in the Celestial Empire is very high, PC online games are the absolute mainstream, the number of online gamers is at least about 200 million, the market is very large, this Netease company, last year also won the exclusive right to operate "World of Warcraft". ”

As soon as he heard "World of Warcraft", Smith suddenly nodded and said, "I see, so boss, how much money to invest?"

"Let's buy 10 million dollars first. Arthur, as a former fantasy player, naturally knows how powerful Sanshi's pit money technology is, don't look at the Internet world of "only fast and unbreakable", Sanshi and Netease have always been the existence of the Internet circle's "clear style", which has been tepid, and always gives people the impression of being late.

However, its stock price rarely rises and falls, and most of the time it is in an upward channel. Its games are all dead and asking for money, the problem is that it is still enduring, and if you want to talk about the ability to make money in games, it is really not much worse than fat penguins.

Really, don't treat a silent crocodile as a gecko!

"Click-"

"Okay, okay, that's it-"

"Click-"

"It's great! It's time to take a picture... ”

In the studio, the photographer looked at the photos in the camera, smiled with satisfaction, and made an OK gesture to Emily Shaw, who was wearing a bikini, with her long hair fluttering and heavy makeup.

Emily, who had been helped by the assistant to put on her nightgown, walked quickly to the dressing room, and in the dressing room, she quickly changed her clothes and asked the assistant outside, "What time is it?"

"Three thirty-five o'clock. ”

"This is the last set, isn't it?"

"Yes. The last set. ”

Emily put on the last set, transformed into Jamie White in "Street Fighter", walked out of the locker room and found the photographer and said: "The last group, I hope to shoot faster, I still have a little problem." ”

"No problem. The photographer agreed.

"Thank you. Emily smiled and thanked her, although with her current popularity, she could ignore the other party's unknown little photographer, but since she signed a contract with the swimwear company, she had the responsibility to cooperate with the other party to take promotional photos. She didn't want to ruin the fame she had so hard to have.

Thinking of this, she couldn't help but think of Arthur, who made her popular and become the new Xing sense baby, thinking that she was about to get together, her eyes couldn't help flashing a touch of mei, she can have today's popularity and fame, or thanks to Arthur who made her a saint football baby, especially the set of Christmas-themed photos that made her popular.

Although this is mainly because of her own conditions and talent, but without Arthur's help in promotion and praise in the media, she would not have become popular so quickly.

Thank you so much!

Emily had a seductive smile on her face and muttered in an imperceptible voice.

"Okay, that's it, keep this smile!"

"Click-"