商业报道:戏剧性暴涨,黄金牛市来了?

Forget stocks, gold is back!

This week's sharp rise in commodities was a surprise to some. CNN's Jim Boulden reports.

Gold leap for dawns many buildings in the city of London some within the shelter of the bank of England. And while the BOE in its fellow central banks has attempted to stabilize¹ the financial market this week. Many eyes turn back to the precious metals like gold. There’s no a total loss of faith and trust in the system. And when people do, when people lose faith like that, they move toward a hard tangible² lasses like gold.

On Wednesday gold future saw the biggest one-day jump in history, up 70 dollars. A week is a long time in politics and as we have seen also in the markets. Gold briefly³ topped 1000 dollars an ounce back in March, but was down 27% from that high this time last week, while oil was down a nearly third from its super spike⁴ in July, but all that changed with the bankruptcy⁵ of Leman Brothers.

Unlike holding shares or bonds or even a bank account, holding a physical commodity means you don’t have to rely on the financial health or the so called counter party, such as a bank or a company or a government. A big reason people turned commodities as safe haven⁶, commodities also benefit this week from the dollar’s weakness, meaning investors⁷ could get more dollars and hand more commodities for their money. When the dollar is weak, you tend to find a lot of investments like moving into commodities, because a lot of commodities are denominating US dollars anyway. So as a result, they become cheaper to consume, and more expensive to produce which tends to be poorish for commodities. And secondly⁸, dollars, er, commodities are used as hedge against the declining dollar.

So who can take advantage of this, well, you unlikely to stick a few barrels of oil in the basement, gold is another story. Ten ounces gold to fit the pummel hunt could store at home a few ounces. Stores count for very low insurance //.

Of course, there were plenty of voices this past summer that warned commodities with then in bubble territory, and it looked like that might be true until this week. Now there are vows⁹ calling for gold push over a thousand dollars an ounce once more. And this time stay there as long as financial markets look a bad debt.

Jim Boulden, CNN, London.

1 stabilize   

vt.（使）稳定，使稳固，使稳定平衡；vi.稳定

参考例句：

• They are eager to stabilize currencies.他们急于稳定货币。
• His blood pressure tended to stabilize.他的血压趋向稳定。

2 tangible   

adj.有形的，可触摸的，确凿的，实际的

参考例句：

• The policy has not yet brought any tangible benefits.这项政策还没有带来任何实质性的好处。
• There is no tangible proof.没有确凿的证据。

3 briefly   

adv.简单地，简短地

参考例句：

• I want to touch briefly on another aspect of the problem.我想简单地谈一下这个问题的另一方面。
• He was kidnapped and briefly detained by a terrorist group.他被一个恐怖组织绑架并短暂拘禁。

4 spike   

n.长钉，钉鞋；v.以大钉钉牢，使...失效

参考例句：

• The spike pierced the receipts and held them in order.那个钉子穿过那些收据并使之按顺序排列。
• They'll do anything to spike the guns of the opposition.他们会使出各种手段来挫败对手。

5 bankruptcy   

n.破产；无偿付能力

参考例句：

• You will have to pull in if you want to escape bankruptcy.如果你想避免破产，就必须节省开支。
• His firm is just on thin ice of bankruptcy.他的商号正面临破产的危险。

6 haven   

n.安全的地方，避难所，庇护所

参考例句：

• It's a real haven at the end of a busy working day.忙碌了一整天后，这真是一个安乐窝。
• The school library is a little haven of peace and quiet.学校的图书馆是一个和平且安静的小避风港。

7 investors   

n.投资者，出资者( investor的名词复数 )

参考例句：

• a con man who bilked investors out of millions of dollars 诈取投资者几百万元的骗子
• a cash bonanza for investors 投资者的赚钱机会

8 secondly   

adv.第二，其次

参考例句：

• Secondly,use your own head and present your point of view.第二，动脑筋提出自己的见解。
• Secondly it is necessary to define the applied load.其次，需要确定所作用的载荷。

9 vows   

誓言( vow的名词复数 )； 郑重宣布，许愿

参考例句：

• Matrimonial vows are to show the faithfulness of the new couple. 婚誓体现了新婚夫妇对婚姻的忠诚。
• The nun took strait vows. 那位修女立下严格的誓愿。