Investment points
International gold prices break points integer 1000 U.S. dollars, gold continue to be optimistic about the industry's economic cycle.
Investors in asset allocation when appropriate allocation of a certain proportion of gold assets is necessary to preserve and increase the assets of the strategy, including in-kind gold and paper gold or gold stocks held by stage. In the A-share market, the more careful look at gold in gold (37.24, -0.21, -0.56%, right) (600,489).
A breakthrough in the international price of gold 1000 U.S. dollars / ounce
The continued impact of the devaluation of the dollar, the dollar index down in the near future in a row, while the international oil and gold prices rose. International oil prices both pre-break 100 U.S. dollars, the international price of gold in the evening of 13 break points integer 1000 U.S. dollars.
2 Review of gold industry
From the beginning of 2005, continuing the bullish international gold industry cycles, the remains of the gold industry boom cycle continued.
Inflation in the world at large against the backdrop of the world demand for gold increased year by year, especially from the Asia-Pacific region needs, and the supply side of slower growth. In recent years, exploration of new mine more, but mining production built around the needs of the five-year period of time, and Jin of the world's major producing areas of South Africa's production decreased year by year, although China is rising and production jumped to the world's second largest production Jin However, the rate of increase in production is still lower than the growth rate of demand. In the sale of official gold, is also a decreasing trend. Russia, Argentina, South Africa, starting in 2005 has decided to raise the official reserves of gold, China's foreign exchange reserves, gold reserves account for a smaller percentage of the total, from the beginning of 2006 also increased gold assets, we expect over the next three to The five-year period, China will continue to holdings of gold assets. In addition, instability in the international geopolitical situation and also will be postponed to the high international price of gold.
We continue to be optimistic about the gold industry cycles to see the high international price of gold rising long-term trend.
3 Investment Strategy
Sustained inflation in the global context, we believe that investors in the asset allocation when appropriate allocation of a certain proportion of gold assets is necessary to preserve and increase the assets of the strategy, including in-kind gold and paper gold or gold stocks held by stage. In the A-share market, a major gold deposit in gold stocks have (600489) and Shandong Gold (48.56, -0.32, -0.65%, right) (600,547), we are more careful look at gold in gold (600,489).
Gold in gold (600,489) pre-announcement to acquire the gold assets of the acquired company after the completion of the gold reserves will increase by 81 tons, with an additional notice in 2007 when gold data (not cut production, 2007) preliminary calculations, the company's total reserves increased to about 284 Tons of gold per share, equivalent to about 0.79 grams per share higher than the gold content of gold in Shandong. We believe that the resources for such companies, continued to increase reserves to enhance the value of the investment.
Gold is a relatively unique industry, the production and marketing of a single chain, the main purpose of the biased decisions of the gold industry as a whole in non-ferrous metals industry in the production chain belonging to the simplest one of the species. The gold business, we believe that can not be a simple point of view of its earnings per share for the intrinsic value of the gold content of the most accurate estimates.
With the acquisition, payment of the total gold reserves, the gold content per share more than gold in Shandong. To the current market price of gold equivalent (without regard to the cost of doing business under the premise), the share of gold contained in gold mining of gold are worth about 160 yuan or so.
In addition, good as gold in gold-established enterprises in the industry's ability to integrate resources, continue to remain in operation in the gold deposit (600,489) recommended cautious investment rating.
4 Risk
First, the international price of gold although the medium to long term, but short-term round red mark on the future, there is still a risk of shock adjustments; Second, the domestic A-share market systemic risk.
Original article reprint please specify: Reprinted from
http://mengziren.blogspot.com
International gold prices break points integer 1000 U.S. dollars, gold continue to be optimistic about the industry's economic cycle.
Investors in asset allocation when appropriate allocation of a certain proportion of gold assets is necessary to preserve and increase the assets of the strategy, including in-kind gold and paper gold or gold stocks held by stage. In the A-share market, the more careful look at gold in gold (37.24, -0.21, -0.56%, right) (600,489).
A breakthrough in the international price of gold 1000 U.S. dollars / ounce
The continued impact of the devaluation of the dollar, the dollar index down in the near future in a row, while the international oil and gold prices rose. International oil prices both pre-break 100 U.S. dollars, the international price of gold in the evening of 13 break points integer 1000 U.S. dollars.
2 Review of gold industry
From the beginning of 2005, continuing the bullish international gold industry cycles, the remains of the gold industry boom cycle continued.
Inflation in the world at large against the backdrop of the world demand for gold increased year by year, especially from the Asia-Pacific region needs, and the supply side of slower growth. In recent years, exploration of new mine more, but mining production built around the needs of the five-year period of time, and Jin of the world's major producing areas of South Africa's production decreased year by year, although China is rising and production jumped to the world's second largest production Jin However, the rate of increase in production is still lower than the growth rate of demand. In the sale of official gold, is also a decreasing trend. Russia, Argentina, South Africa, starting in 2005 has decided to raise the official reserves of gold, China's foreign exchange reserves, gold reserves account for a smaller percentage of the total, from the beginning of 2006 also increased gold assets, we expect over the next three to The five-year period, China will continue to holdings of gold assets. In addition, instability in the international geopolitical situation and also will be postponed to the high international price of gold.
We continue to be optimistic about the gold industry cycles to see the high international price of gold rising long-term trend.
3 Investment Strategy
Sustained inflation in the global context, we believe that investors in the asset allocation when appropriate allocation of a certain proportion of gold assets is necessary to preserve and increase the assets of the strategy, including in-kind gold and paper gold or gold stocks held by stage. In the A-share market, a major gold deposit in gold stocks have (600489) and Shandong Gold (48.56, -0.32, -0.65%, right) (600,547), we are more careful look at gold in gold (600,489).
Gold in gold (600,489) pre-announcement to acquire the gold assets of the acquired company after the completion of the gold reserves will increase by 81 tons, with an additional notice in 2007 when gold data (not cut production, 2007) preliminary calculations, the company's total reserves increased to about 284 Tons of gold per share, equivalent to about 0.79 grams per share higher than the gold content of gold in Shandong. We believe that the resources for such companies, continued to increase reserves to enhance the value of the investment.
Gold is a relatively unique industry, the production and marketing of a single chain, the main purpose of the biased decisions of the gold industry as a whole in non-ferrous metals industry in the production chain belonging to the simplest one of the species. The gold business, we believe that can not be a simple point of view of its earnings per share for the intrinsic value of the gold content of the most accurate estimates.
With the acquisition, payment of the total gold reserves, the gold content per share more than gold in Shandong. To the current market price of gold equivalent (without regard to the cost of doing business under the premise), the share of gold contained in gold mining of gold are worth about 160 yuan or so.
In addition, good as gold in gold-established enterprises in the industry's ability to integrate resources, continue to remain in operation in the gold deposit (600,489) recommended cautious investment rating.
4 Risk
First, the international price of gold although the medium to long term, but short-term round red mark on the future, there is still a risk of shock adjustments; Second, the domestic A-share market systemic risk.
Original article reprint please specify: Reprinted from
http://mengziren.blogspot.com
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