To The Moon

With the Federal Reserve's interest rate meeting in December last year and the landing of the dot plot, a recent Goldman Sachs report pointed out that gold prices are no longer expected to hit US $3,000 per ounce by the end of 2025, but need toArrival postponed until mid-2026,In other words, the newly revised view is about half a year later than the original judgment.In 2024, the price of gold will soar by 27.6%, outperforming most major asset classes except the pie and natural gas accident. Statistics in this area, I mentioned in the previous article, the market generally believes that this wave of rise in gold prices is affected by the loose monetary policy of the Federal Reserve, increased demand for safe havens, and continued gold purchases by global central banks.However, since the be

After Christmas, the the US Dollar Index continued to fluctuate near the high of 108.25. The previous high point appeared at the high of 108.54 on December 20. It was also the high point pushed up by the strong market buying after the Federal Reserve's hawkish interest rate cut last week.Morgan Stanley pointed out in a latest report that the U.S. fiscal deficit is expected to decrease next year, while the German fiscal deficit will increase, which may lead to the convergence of interest rates between the United States and Europe.This triggered a sharp depreciation of the US dollar.PicturesBescent, the nominated next U.S. Treasury Secretary, has previously said that the goal of reducing the deficit to 3% of GDP will be a priority. Morgan Stanley said in the report that this commitment is ge

I don't think it is necessary to emphasize the prospect of the medium-term trend of the market. From the short-term trend outlook, I mean the period from mid-December to the end of the month before New Year's Day. Whether there is still a red envelope market in the market, whether the level is large or not, the main external factor isTonight's Federal Reserve interest rate meeting.It's quite simple,If tonight's Fed interest rate meeting is the result of a dovish interest rate cut, then we will usher in a big red envelope market; If tonight's Fed interest rate meeting is the result of hawkish interest rate cuts, then we will have a market, but it is expected to be structural, just like the shocks you saw in the past November-December.So, how do you determine whether it is a pigeon or an eag

The decline in gold prices overnight was indeed a bit sharp:PicturesYesterday, the big K line of gold fell by 3.36%, equivalent to 91.15 US dollars, and the amplitude ranged from the highest 2721 to 2615. Both the amplitude and the decline have exceeded 1106, which is the big K line after the results of the US presidential election in November. There It fell 3.10% to 85.05 US dollars.The short-term decline of gold is mainly related to the following reasons:First, it is related to the cooling of geopolitical tensions.Last week, Russia and Ukraine launched missiles at each other, which triggered a rise in risk aversion. However, the situation in the region did not escalate further over the weekend. In addition, the market has reported this week that Israel may reach a ceasefire agreement wit

Today, we are specially writing an article for Baiyin. In fact, our domestic stocks are the popular varieties, gold belongs to the niche, and silver belongs to the niche within the niche, so you have been watching me write articles, talking more about gold than silver.But the protagonist of today's article is silver.PicturesLet's look at the first picture first, this is an overlay chart of the trend of gold and silver over the past two decades. The red line is the price of gold and the yellow line is the price of silver.Judging from the historical limit values in the past few periods, the limit value and volatility of silver should be greater than those of gold, especially in the final peak acceleration stage.Therefore, when the price of gold broke through $2,700/oz, hitting a record high

Gold prices have reached record highs recently, and some market participants believe that,A tactical pullback may be on the horizon and see it as an opportunity to add positions.However, UBS released a report saying that although the overall bullish outlook for gold is solid, the market may need to catch its breath.UBS analyst JoniTeves pointed out in the report that the consolidation period at this time is beneficial to the market, especially if it allows some weak bulls to exit the market and allows long-term investors to enter the market at a better level.Generally speaking, September is a relatively low season for gold prices.Because during this month, the dollar tends to perform strongly, yields rise, and the stock market performs weakly.However, this year's situation is different. Th

A growing number of Wall Street economists are warning that,The Federal Reserve has waited too long to reverse course after raising interest rates to their highest point in two decades.At present, the market generally expects that the FOMC will keep the benchmark interest rate stable for the eighth consecutive time at its July meeting, which marks one year since the FOMC has maintained the current interest rate target range of 5.25% to 5.5%.However, for September, the market has unanimously expected that this is the most likely time node for the Federal Reserve to cut interest rates.I once mentioned that Federal Reserve Chairman Powell's dovish stance actually means that the Federal Reserve has given up its 2% inflation target, and interest rate cuts are already the next event with a high

Firstly,On Wednesday, July 3, the US ADP research institute released a report showing that the number of ADP employment in the United States increased by 150,000 in June, significantly lower than the expected 165,000, and a slight decline from the previous value of 152,000.This is the third consecutive month that ADP employment has declined and the lowest level in four months.PicturesSecond,Data released by the U.S. Department of Labor on Wednesday showed that the number of people filing for unemployment benefits for the first time in the week of June 29 in the United States was 238,000, exceeding market expectations of 235,000.The highest since January this year.PicturesAt the same time, data from the U.S. Department of Labor also showed that the number of people continuing to apply for u

Overnight, the much-anticipated Federal Reserve's June interest rate meeting debuted. The Federal Reserve announced in the early hours of June 13, 2024, Beijing time that it would continue to maintain the target range for Federal Funds rate between 5.25% and 5.50%.This is the seventh consecutive time rates have been kept unchanged since September last year.The Fed's decision was in line with market expectations.Since March 2022, the Federal Reserve has conducted 11 rate hike, ranging from 25 basis points at the beginning to 50 basis points later, and 75 basis points for 4 consecutive times. After the subsequent rate hike gradually slowed down, so far rate hike has been suspended 7 times in a row, choosing to stay on hold. The market generally expects the Fed's next move to cut interest rat

At 20:30 Beijing time on Thursday, March 14th, the US Department of Labor released the PPI data for February, which exceeded expectations in terms of year-on-year, month-on-month and core PPI year-on-year data. Relaying the previous CPI data, it further continued to imply the stubbornness of inflation.Data show that the PPI of the United States warmed up beyond expectations in February, rising by 1.6% year-on-year, and the previous value was 1.2%.Far exceeding the expected 0.9%; PPI accelerated by 0.6% month-on-month,It is twice the expected value，The previous value is 0.3%.PictureThe core PPI excluding food and energy prices increased by 2% year-on-year, which was the same as the previous value.Exceeding expectations by 1.9%;The core PPI rose by 0.3% month-on-month, which was less than th