Group 1 - The market is experiencing a split, with gold and silver prices soaring as a safe haven, while the stock market is declining, raising questions about which reflects the true economic fundamentals [1] - The semiconductor industry is critical, with a complex production process that can lead to significant losses if disrupted, highlighting the importance of rare earth elements in this supply chain [3][5] - China's recent actions regarding rare earth elements are seen as a strategic move in the ongoing global competition with the U.S., particularly as negotiations between the two countries are set to begin [3][7] Group 2 - Rare earth elements are essential for advanced technologies, including military applications, and their control is a significant leverage point in U.S.-China relations [7][9] - The rise in gold prices is attributed to fears of the Federal Reserve losing its independence and the potential for uncontrolled dollar issuance, which has historical implications for gold's value [10] - China's strategic use of its shipping capabilities and rare earth resources is aimed at gaining pricing power in physical assets, while the U.S. focuses on maintaining financial asset pricing power [12][14]
中美即将重返谈判桌！列出的三大问题，蕴含中美博弈的关键因素！
Sou Hu Cai Jing·2025-10-20 17:00