Core Viewpoint - Recent volatility in international gold prices has raised significant market concerns, with prices dropping sharply, indicating potential further declines [1][3] Price Movement - On May 14, the London spot gold price fell by 2.1% to $3186 per ounce, continuing to decline on May 15, with expectations of breaking below the $3100 mark [1] - From May 7 to May 14, the cumulative decline in international gold prices reached 6.72%, prompting deep reflections within the precious metals market [3] Market Dynamics - Historical data shows that gold typically maintains an annual volatility of around 15%, contrasting sharply with the stock market's daily fluctuations of around 10% [4] - The recent adjustment in gold prices is linked to structural changes in the market environment, including a stabilization of geopolitical conflicts and a shift in macroeconomic policies [9] Geopolitical and Economic Factors - Gold prices are significantly correlated with geopolitical risks and economic uncertainties, with recent global events such as trade tensions and military conflicts driving up demand for gold as a safe-haven asset [6][7] - The recent easing of tensions in conflicts like the Russia-Ukraine situation and the India-Pakistan border has reduced the demand for gold, as the attractiveness of dollar assets has increased [9] Investment Strategy - Investors are advised to adopt a long-term asset allocation strategy for gold, distinguishing its role from risk assets like stocks, focusing on its inflation-hedging and crisis-mitigation properties [11] - The speculative nature of recent investments in gold, driven by short-term price movements, poses risks, as true value in gold investment is realized over a longer horizon of three to ten years [11] Long-term Outlook - Despite short-term pressures on gold prices, fundamental factors supporting a long-term bullish outlook remain intact, including ongoing geopolitical fragmentation and uncertainties in U.S. trade policies [13][15] - The potential for a shift in the monetary policy cycle, with the nearing end of the Federal Reserve's rate hike period, could provide significant support for gold prices in the future [13]

至少10万亿美元的投资和潜在投资。 当贝森特讲话时，市场在倾听。 特朗普：此行收获了数万亿美元的投资。 ...

【环球时报驻埃及特派记者 黄培昭 环球时报特约记者 王逸】当地时间13日，美国总统特朗普抵达沙特首都利雅得，沙特王储亲自接机，这被美 联社视为"给予美国总统的罕见荣誉"。此后，特朗普还将访问阿联酋和卡塔尔。法新社13日称，这三个富裕的中东国家都将为特朗普举行盛大的 欢迎仪式，并签署国防、能源和人工智能等领域的大单。 据卡塔尔半岛电视台13日报道，特朗普抵达利雅得哈立德国王国际机场时，与前来迎接的沙特王储穆罕默德·本·萨勒曼一起走过欢迎地毯，还在机 场会客室喝了传统的阿拉伯咖啡。报道称，美国领导人似乎非常享受这场盛大的仪式。 《华尔街日报》13日报道称，在此次出访前，美国政府一直试图促成加沙和平协议以及与伊朗达成新的核协议，并阻止也门胡塞武装对红海航线 的袭击，所有这些都是对海湾国家至关重要的问题。 尽管如此，白宫依然高调宣布，特朗普此行是"历史性重返中东"。半岛电视台13日报道称，特朗普第一任期的首次出访就是从沙特开始的。这次 他再次打破了美国新任总统国事访问首站通常为英国、加拿大或墨西哥的传统。法新社13日称，特朗普决定再次绕过西方传统盟友，访问石油资 源丰富的海湾国家，凸显这些国家在地缘政治中的关键作用。 ...

金十数据5月13日讯，特朗普和沙特王储穆罕默德·本·萨勒曼今明两天的日程安排非常紧凑，他们将就投 资和地区安全问题举行会谈，话题涉及叙利亚、加沙到伊朗。一些会议——特别是关于叙利亚的会议， 利雅得正在敦促华盛顿放松对叙利亚的制裁——预计将在今天的正式晚宴之前举行。明天，特朗普计划 与海湾合作委员会领导人会面，扩大对包括加沙在内的关键地区问题的讨论。 （半岛电视台） 沙特媒体：特朗普和沙特王储的"日程非常繁忙" ...

欧洲央行管委马赫鲁夫：不确定性正对投资造成压力；经济数据疲软显示企业和消费者信心显著降温。 ...

文 | 银行螺丝钉 （转载请注明出处） ▼点击阅读原 文，免费学习大额家庭资产配置课程 ...

Core Insights - The article presents a curated list of ten essential personal finance books aimed at helping individuals save money, invest wisely, and achieve early retirement. It emphasizes the importance of understanding personal finance principles and implementing practical strategies for effective financial management [1]. Group 1: Book Summaries - **Rich Dad Poor Dad** by Robert T. Kiyosaki challenges traditional financial views, emphasizing financial literacy, the distinction between assets and liabilities, and the importance of investing in income-generating assets [2][4]. - **The Total Money Makeover** by Dave Ramsey offers a step-by-step plan for eliminating debt, saving money, and building wealth, highlighting the significance of budgeting and emergency funds [6][8]. - **The Intelligent Investor** by Benjamin Graham introduces the concept of value investing, stressing the need for thorough stock analysis and maintaining a margin of safety in investment decisions [10][12]. - **Think and Grow Rich** by Napoleon Hill explores the psychological factors behind wealth creation, advocating for visualization, positive thinking, and clear goal-setting [14][16]. - **The Four Pillars of Investing** by William Bernstein outlines the four fundamental principles of successful investing: asset allocation, diversification, market efficiency, and minimizing investment costs [18][20]. - **Your Money or Your Life** by Vicki Robin and Joe Dominguez encourages readers to align spending with personal values and provides practical steps towards financial independence [22][24]. - **I Will Teach You to Be Rich** by Ramit Sethi offers a comprehensive personal finance approach, focusing on budgeting, saving, investing, and optimizing credit card use, particularly for young adults [26][28]. - **The Little Book of Common Sense Investing** by John C. Bogle advocates for passive investing through low-cost index funds, emphasizing long-term investment and avoiding high fees [30][32]. - **The Millionaire Next Door** by Thomas J. Stanley and William D. Danko reveals common traits and habits of wealthy individuals, stressing frugality and long-term financial planning [34][36]. - **Broke Millennial** by Erin Lowry provides practical advice on budgeting, saving, investing, and debt management tailored for millennials, with relatable examples and actionable strategies [38][40].

墨西哥财政部长：我们正在采取一切措施刺激国内经济，特别是投资。 ...

Core Insights - The agreement between India and the UK has further deepened their comprehensive strategic partnership, promoting trade, investment, growth, job creation, and innovation [1] Group 1 - The agreement enhances the strategic partnership between India and the UK [1] - It aims to boost trade and investment between the two nations [1] - The partnership is expected to contribute to economic growth and job creation [1]

本文字数：1667，阅读时长大约3分钟 作者 | 第一财经 孙卓 美国中部小镇奥马哈再一次成为全球瞩目焦点。 当地时间周六（3日），"股神"巴菲特在奥马哈的伯克希尔股东大会上宣布，他将在年底要求伯克希 尔公司董事会任命阿贝尔（Greg Abel）接替他出任该公司的CEO。 巴菲特表示，在过渡期间，他不打算出售伯克希尔的任何股票，以后会逐步把持股捐赠出去。 多年来，阿贝尔一直是巴菲特指定的继任者，但人们一直认为，他要等到巴菲特去世后才会接任。此 前，巴菲特也一直表示，自己没有退休计划，因此，巴菲特当天宣布年底卸任的消息也震惊了现场的 股东和投资界。 股东现场反应："错愕""意外""释然" 当天，巴菲特在长达5个小时的问答环节的最后几分钟时宣布了卸任的消息。一财记者在现场观察 到，座无虚席的会场顿时鸦雀无声。巴菲特随后表示，除了他的三个孩子中的两个担任董事外，他事 先没有告知伯克希尔董事会其他成员任何消息，也没有告知坐在他旁边的预定继任者阿贝尔。 在巴菲特结束卸任声明后，全场从沉默到起立，并且为巴菲特鼓掌了数分钟。 巴菲特笑言，他们的掌声既可以理解为对他辞职的钦佩，也可以理解为对他辞职的欢迎。 2025.05. ...