万花筒 2013-04-26&04-28 国际金价大跌

 --Gold, there’s a dramatic drop on Friday, and today gold is at its lowest point since March of 2011, what’s going on?

 

--Yeah, there seems to be a bit of give-up here in the gold market. The gold had a phenomenon rally last 12 years. Really, but it's struggled in the past 6 months or so, I think the fact that it wasn’t able to gain more attraction even with the Fed doing quantity of easing and another bank of Japan doing quantity of easing, which in theory, would stimulate¹ inflation. The inflation is not taking hauled, and a lot of, I think a lot of speculative² investors³ who bid in gold are throwing in towel, giving up and that is feeding on itself right here. It’s honestly getting kind of ugly for gold, maybe we’re gonna till the end to sell out, but it’s not pretty right now.

 

--So is it officially in a bear market and will affect other industries?

 

--Yes, it’s officially in the bear market as of this morning down more than 27% from its all time high. You know, it affects other industries and I think again the tie is back to the story, the broader story for commodities, selling off amid fears that China’s economy is slowing, the US economy, you know, we’re doing ok, but not great, Europe’s basket case, Japan, they’re trying to get off the mess. So

 

where’s the growth, where’s the great story that’s gonna drive the demand for commodities. Maybe it’s Brazil, maybe it’s India, but that's not enough there to really spur the kind of demand you need to get prices moving higher from here.

1 stimulate   

vt.刺激，使兴奋；激励，使…振奋

参考例句：

• Your encouragement will stimulate me to further efforts.你的鼓励会激发我进一步努力。
• Success will stimulate the people for fresh efforts.成功能鼓舞人们去作新的努力。

2 speculative   

adj.思索性的，暝想性的，推理的

参考例句：

• Much of our information is speculative.我们的许多信息是带推测性的。
• The report is highly speculative and should be ignored.那个报道推测的成分很大，不应理会。

3 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