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洪灏:牛市中超买往往催生更多超买,坚定看好金银持续上涨前景
Ge Long Hui· 2025-09-10 12:55
Core Viewpoint - The article emphasizes the strong upward trend in gold and silver prices, which have increased nearly 40% year-to-date, and suggests that despite entering an overbought territory, the bullish outlook for these precious metals remains intact [1][2]. Group 1: Market Dynamics - The "Mar-a-Lago Agreement" aims to implement a transformative change by promoting a coordinated intervention by global central banks to devalue the US dollar, imposing heavy taxes on countries with trade surpluses against the US, and replacing foreign-held US debt with century bonds to alleviate US debt pressure [1]. - The potential continuation of Trump's tariff measures could lead to significant disruptions in financial markets, particularly threatening the US bond market, where a debt restructuring could cause soaring yields and plummeting bond prices, thereby spreading risks to corporate bonds [1]. Group 2: Investment Opportunities - If the US dollar continues to depreciate, the rise in gold prices may exceed market expectations, supported by central bank purchases and safe-haven demand [2]. - Silver, possessing both industrial and financial attributes, is expected to replicate the significant gains seen after the Plaza Accord [2]. - Cryptocurrencies, especially Bitcoin, may experience substantial increases due to its "digital gold" status, bolstered by Trump's supportive stance on crypto policies and concerns over de-dollarization, despite accompanying volatility and interest rate risks [2].