Security view precious metals investment – the strength of the trend-shishangqiyi

Ping Jin view: precious metals investment – the trend of the strength of the Sina fund exposure platform: letter Phi lag behind false propaganda, the performance of long-term lower than similar products, how to buy funds pit? Click [I want to complain], Sina help you expose them! Precious metals investment – the strength of the trend of investment, people can think of the varieties are divided into: 1, fixed income categories: bonds, financial products, baby category (IMF). 2, equity: common stock. 3, precious metals: gold, silver different investment varieties have different analytical methods. Fixed income products. Under normal circumstances, unless the parties default, you buy, the expected return is determined. Can set a discount rate (usually the market risk-free rate of return), the future will each of the expected cash flow discounted to the present value of the investment can be calculated. If it is a stock analysis, it is more complex, the need for the company to conduct a certain pre judgment to predict the future of the company during the existence of all cash flows discounted sum, that is, the value of investment. When the current market transaction price is significantly lower than the investment value, to buy, has achieved a greater margin of safety. Based on the value of the analysis method, for decades to become the scientific criteria for investment. At the same time, we can see that the precious metals investment can not be evaluated using the traditional discounted cash flow method, because one ton of gold, over 10 years, in the past 100 years, is still the same as the 1 tons of gold. He does not generate free cash flow, there is no cash flow discount. So precious metals investment, should pay more attention to the technical analysis of the method, I believe the market price, follow the market to operate, commonly known as the trend of investment. The trend of investment, in particular about the strong regional market participation, leaving in disadvantaged regions (or empty single). The so-called big trend, make a lot of money, many investors want to stare at the days of the short term, this can see what spray it? I prefer to invest in the use of a larger trend analysis of precious metals investment. Strong trend line: 20 month moving average figure is London spot gold chart, the green line is the 20 month moving average, you can see when the 20 month line upward trend, gold holdings below the 20 month line selection is watching short positions, large level can easily catch up band investors, just need a patient, as the originator of the trend of investment Jesse Livermore’s famous classic "investment most of the profits are sitting out". Two 20 month moving average turn down, on behalf of the gold into a downward trend, investors can leave most or escape. The use of monthly benefits is that it is daily and weekly not easily affected by short-term strength. Graham said more than 90 years ago, the market short-term voting device, the long-term weighing device". You can see whatever the investment market, the investment pattern is very important, to avoid operation transition in the short-term, but the long-term trend into the field of vision, is to enhance their own patterns of investment law. We can do a simple back test, at the end of 2001 when the 20 line from the fall to rise, the price of gold on the left side of 280相关的主题文章: