2008-08-18

International gold from 852 U.S. dollars to 818 U.S. dollars off the speculation of a 24-hour-opening

August 11 ~ 12, the international gold declined substantially, within 24 hours of gold have been below 850,830,810 dollars, and other important juncture, Zhibi 800 U.S. dollars, its worst decline in the number of gold investors panic overnight .

Chengdu speculation in the off-yong is one of them.

From the gold at 852 U.S. dollars do more Jukui more than 55,000 U.S. dollars, to consecutive shots, the loss will be reduced to around 13,000 U.S. dollars, Yu Yong of this 24 hours, is frightening.

August 11

22:02

852 U.S. dollars

Chengdu Huan Huaxi a high-end properties.

The daytime noise gradually subsided, the Olympics came downstairs living room occasional refueling cheers.

Yong sitting in the study of the notebook in front of the computer, watching the face of the gold market, slightly Zhouqi the eyebrow.

The gold market as its own forecasts, dropped to 852 U.S. dollars, the import Jiancang more than 25 single-hand the order, he has a micro-hesitation, history will repeat it again »he asked himself in his heart.

Chengdu, as one of the few who was speculation the gold bull market of the disk with a good feeling, so that in the past two years doing the wind-yong Shunshui, assets up more than tenfold, from 2003, he resigned as work Allied to the speculation. The first week of Friday, gold prices also dropped to 852 U.S. dollars, Yu Yong was Jiancang more than 20 single-hand, this afternoon, gold rose to 865.35 U.S. dollars when he decisive positions, the deal has brought him 26,600 U.S. dollars The proceeds.

The same trick again, very dramatic is not it »his mind, smiled, points under the Jiancang the button, there is only the hearts of Yin Yin unrest brewing in the time and can not clear.

August 12

0:26

831 U.S. dollars

The Heichen Chen Yu Ye, all of a sudden bright lights up.

Vaguely to the unease in Ban Shui-yong from the state of sober, notebook computers will be activated from the dormant state, only a few seconds, he returned to the familiar interface of the gold spot market, soon he was like that of the general Daoxiao movement plans a shock .

Refresh interface, the software market to open another, watching the same trend, Yu Yong immediate confirmation of the software is not wrong: the New York market price of gold opened soon encountered the crash, 50 minutes for gold has plummeted 20 U.S. dollars, at the moment, Gold was down to 0.5 U.S. dollars per minute down the pace of the fall, and continue to set the minimum pricing.

Sent out suppressed, ridiculed and feared, in-yong to the fastest speed out of trading platforms, 830.3 U.S. dollars in import prices on the open instructions, see the profit and loss account on the dazzling -55225 dollars, accounts, 1 / 3 of the assets of the blink of an eye Inter destroyed, so he feels as if outside an absurd dream.

Five years of investment experience gold in the gold-yong think very understanding of the characteristics of the gold - the previous crash, has not really hurt him.

"There is a plan to make all of this right!" Yong was often said to myself, this is TV drama "escape" the classic lines - a good plan can make all the best. In this two-year bull market in gold, he is using these words to remind ourselves that in accordance with good set-point goal, step by step accumulation of wealth, and the time and escaped the catastrophic decline of gold.

Mid-May 2006, he reached 700 U.S. dollars in gold at the decisive positions in gold a month after the crash, he can Kongcang idle fluctuation.

In March this year, the magnificent gold "-1000" in the market, he carefully selected the 1020 point positions and successfully survived the second day as many as 45 U.S. dollars one-day plunge, carrying tens of thousands of dollars "figure of wealth" from a "Zhenjinbaiyin."

In mid-July this year, 980 U.S. dollars of gold peaked, he 950,930,900 in such key points in short-and the tens of thousands of dollars over several times.

But this time, Yu Yong Yin Yin felt that with the past, have a very different. From the refrigerator out a bottle of mineral water, the water Qinglie let him feel a lot of clear-headed.

At 3:16 on August 12

825 U.S. dollars

Yeshenrenjing, but no Shui Yi-yong.

One and a half hours before the gold price fell below 820 U.S. dollars juncture, returned to the end of last year when the price of Quotes on the map, the whereabouts of the gold line as a time-sharing a steep cliff, not climbing.

Is not to Jiancang, do more or go short, so he was very hesitant.

Normally, this degree of collapse after the rebound will usher wave, but the facts may not be so simple. Xiang Butong do not want it, in-yong on a notebook computer, go to bed.

August 12

7:31

825 U.S. dollars

Long-term formation of the biological clock, in the wake up on time-yong, the transaction was at this time in Asia has started half an hour.

A few hours short Hanmian, from his early morning attack in the re-emerge, he watched over the movements of foreign exchange plans, pondering the early morning of the dollar index 76.10 points made new high, and the time-sharing online Alice Mei market, hearts There is a first idea of telling myself, the dollar should also not ended, this should be an opportunity.

Open trading system, Jiancang 10 hand-empty, this time he set up in about 830 U.S. dollars in the automatic stop-loss; Xiangliao Xiang, fill more than offset by a single, set up the stop-loss at 811 U.S. dollars.

All personnel, listen to heaven it.

August 12

8:58

812 U.S. dollars

It appears that some mist, the weather was overcast some.

Yu Yong turns heads focused on the disk, gold began a crash, but a very sharp decline, has 20 minutes or 10 dollars a month ago, the scenery of unlimited gold has now been abandoned if Bixi, why the tragic losses to one day Diechuan integral multiple checkpoints within the state.

What is this rapidly changing market »

U.S. signs of economic improvement »or by the oil price bubble burst in the impact of« because of the geopolitical short-term stabilization »or because the United States to invest in commodity futures fund restrictions»

Yu Yong contrast with crude oil prices, dollar index of the market trend seems to understand the root causes of the collapse of gold lies, "all dollars are making the problem."

The dollar index from the 2001 high of 121.02 points started to decline, inflation Voice prevalent, the fight against inflation as the most powerful weapon, gold has also been sought after, a large number of financial hedging needs, so that gold becomes more "valuable".

However, from July, the dollar index has reached five months of the highest points, 76 points back at the top. The foreign exchange market, the euro zone economic growth slow-down trend, although the U.S. economy remains weak, the market is relatively optimistic about the economic prospects of the atmosphere, the dollar gained sufficient momentum in this process, pre-hedging demand for goods due to the formation of Bubble being squeezed out, the depth adjustment will be the embodiment of this process.

Think of here, in their consciousness-yong some regret too late, "should do more for a single empty hands."

August 12

9:13

801 U.S. dollars

"801 U.S. dollars!" Is drinking water in the straight-yong Beiqiang De cough.

The day before is still under discussion whether the 850 U.S. dollars is the key support level, now put 800 U.S. dollars to break the barrier? »

Browse the website of the Financial Information, in particular, the recent U.S. data, although the dollar is very strong, but the U.S. economy there are still many uncertain factors, the decline so radical, fast, he feels the market, clearly made a mistake, Yu Yong excited, he felt that any case can not let this good opportunity.

801.9 U.S. dollars will be 10 hand positions, after deducting the five hands of hedge losses, the deal he Zhuanhui the 15,000 U.S. dollars, make up their own little small hours of the loss, the mood was excellent in-yong 803.60 U.S. dollars Jiancang more than 18 single-hand.

This time, several of the netizens to speculation he has asked twice last night and this morning's crash, he seemed to be their new sentiment shared out.

August 12

14:50

812 U.S. dollars

Afternoon nap to restore energy, the tired yesterday Aoye swept away empty.

Yu Yong read again to see the spot gold market, for their morning he was glad that the decision-making, at the moment gold rose to the 812 U.S. dollars, from 803 U.S. dollars at the morning Jiancang has been higher than nine U.S. dollars, roughly Suansuan book has more 10,000 U.S. dollars.

Taiyan days to see the sun in the clouds a half-exposed in the face, the temperature does not feel hot, is out this afternoon - when he had about a potential investors.

August 12

22:01

818 U.S. dollars

Yu Yong at home will see gold prices, rose Xialou going to the living room. Gold was once just to return to the top 820 U.S. dollars, 818 U.S. dollars at this time in the vicinity of oscillation, in the 18-yong multi-hand book proceeds have been nearly 27,000 U.S. dollars. Although the addition of 15,000 U.S. dollars before gains, still not make up for the end before more than 55,000 U.S. dollars loss, but he confirmed that the dollar index in the short-term high Heng Pan, a bargaining chip in their Jiancang adequate security.

This evening he decided to miss the best for viewing the Olympic competition.

Beijing gold fell 215 yuan trigger "Chaodi" of panic buying

The stock market in the "Black Monday" staged today in the gold stores. Today, early in the morning, the Chinese gold showed a new premium flagship store: 1000 24K jewelry per gram from 236 yuan to 230 yuan, 24K jewelry from 225 yuan per gram raised to 215 yuan. 24K per gram prices as high as 10 yuan!


The impact of international financial markets, the sharp decline in domestic gold. From the beginning of last week, Beijing cuisine 100, the United States, Guo-hua, such as in the major gold retail market began to you than I to the price cuts. China and China on its shopping malls cut three times. As of today, China's flagship store in 24K gold price Quanchengzuidi, vegetables and the United States and 100 are 218 yuan / g, the Huawei 216 yuan / gram. And high when compared to the dishes Baizu per gram total down 17 yuan.


According to reports, nearly a week of international gold futures fell by 8.4 percent to a 25 to the largest weekly decline. Last Friday had dropped to a low of 777.7 U.S. dollars an ounce and eventually closed at 792.1 U.S. dollars, and March 17 of this year's all-time high of 1033.9 U.S. dollars, has dropped by 241.8 U.S. dollars, or 23.39 percent. February 1983 is the largest weekly decline.


However, the gold all the way down triggered a "Chaodi" of panic buying. Investment in the gold bullion market during the Spring Festival as popular as the panic buying climax. Many people in shopping malls gold bars from the long front counter team, and even 10 grams, 20 grams of "small gold bars" are also panic buying at all. Major buyers that the current price is relatively low, investment in gold is the best time. It is understood that only the Guohua shopping malls daily sales of gold bullion investment reached 30 kg, Jinliang Tian is a day by the public "buy" more than 70 kilograms of gold bars. Guohua shopping malls in charge of operations, said: "last Friday afternoon, had more than 10 species of gold bullion only 45 species, only emergency transportation counters filled."

UK prices in August by the largest decline in six years

Britain's largest real estate site Rightmove18 released on the investigation report showed that house prices in England and Wales in August housing prices down 4.8 percent for the August 2002 start of the data compiled since the largest decline.

Britain in August the average housing price for each 229,800 pounds (about 426,900 U.S. dollars), on the ring fell 2.3 percent, since last December, the highest monthly decline.

The site commercial director Xie Pu Side Myers said that as the British economic growth slowed down and loan providers continue to tighten mortgage payment, the British property market cooling rapidly. At the same time, food and energy prices also made the British families unable to increase spending.

August, the average real estate agent hands of the British unsold housing up to 78 sets record, than the one set to increase in July.

Xie Pu Side is expected this year, the British housing a 1959 turnover will be the lowest level since the British Government and the Bank of England will again have to face the grim choice of a rate cut.

British finance minister said last week that the British Government is considering to inject vitality into the real estate market measures. To this end, the market forecast the British Government is expected to cut stamp duty on house purchase. However, Xie Pu Side that short-term cut stamp duty on house purchase can not fundamentally solve the security problem of shortage of funds in the market, if the Government has not formulated a clear strategy, when revenue returned to normal after the real estate market likely to face more serious problems.

China's economy can maintain a growth rate of about 9%

This year, China's economy maintained a steady and fairly rapid development momentum, but the growth rate has slowed down. Figures show that China's economic growth in the first half of 10.4 percent over the previous year, down 1.8 percentage points over the same period.

At present, the Chinese economic activities in the complexity, uncertainty over the past, new situations and new problems to come. "In this context, grasp the trend of China's economy, the need to pay more attention to China's economic fundamentals." State Council Development Research Center, deputy director of [Liu Shijin] said.

Can still maintain economic growth rate of 9%

[Liu Shijin] that have been published in the July economic data, there are several noteworthy new trends. First, the consumer price index dropped continuation of the trend of the decline in the last month, where exports have stabilized; Third, domestic demand remained stable growth.

30 years of reform and opening up, China's economy has maintained an average annual growth rate of more than 9 percent.

This long-term support of sustained and rapid growth are a number of factors, including the continued expansion of the market, a unique combination of factors of production, more integrated industrial system and the increasingly improved infrastructure and supporting industry conditions, a stable political and social environment, and gradually perfect The socialist market economic system and open economy system.

"China's industrialization and urbanization process largely completed before, China has entered the fast track of economic conditions, have the potential to continue to maintain the momentum of rapid growth. This is what we usually say the fundamentals." [Liu Shijin] said.

[Liu Shijin] that for some time, even when the economy entered a growth period of adjustment, the fundamentals support, coupled with effective macro-control and the support of structural adjustment policies, China's economy is still likely to remain around 9% growth Rate.

More likely to transform challenges into opportunities

[Liu Shijin] said that at present we face are big problems in the development, the challenges into opportunities to the possibility of even greater. Encounter these problems, because we have developed, the problem will create pressure and challenges and deal with well, it will open extension to the further development of space.

For example, this round of inflation pressure, mainly domestic and foreign factors of production and rising commodity prices caused by the development stage, the system transformation and integration into the globalization and other factors role in the outcome. Serious, can not control the inflation of harm is self-evident, but a specific phase of the price increases are a reasonable and positive role, such as rising prices of agricultural products will enable peasants to increase income, increased labor costs will help improve labor Income, reducing the income gap; energy resources price increases and price formation mechanism of the market, is energy-saving emission reduction and building a resource-saving and environment-friendly society's fundamental strategy.

More importantly, the rise in the cost of promoting the elements of the price increase, "forced" We have gradually weakened low-cost competitive advantage, speeding up the transformation of the mode of economic development, the formation of technological progress, resource-saving, environment-friendly features for the new competitive edge .

"This transformation of the mode of development of the customs, China's economy can not only continue to maintain rapid development momentum and, more importantly, can promote the development of the quality and efficiency on a big stage." [Liu Shijin] said.

China has unique advantages to resist

[Liu Shijin] believe that China's economy in resisting risks and uncertainties should have its own unique advantages.

First is a big country advantage. China, as a 1.3 billion population, entered in the latter part of the major industrialized countries, at home and abroad on the various risks and uncertainties, relatively small economies, a stronger adjustment, and resolve capacity.

Second is the advantage. China, as a后起the industrialized countries, not only can be introduced into the forerunner mature technology, equipment, technology, etc., but also the introduction of macroeconomic and microeconomic management of knowledge, learn from their success in the development of the experience and lessons of failure, and strive to commit or less Do not make mistakes, mistakes can be detected early and corrected.

What is more important is political advantage. We have the strong leadership of the party, the established practice of reform and opening up and constantly improve the theory of socialism with Chinese characteristics, in political mobilization, organization and coordination of social forces, such as emergency treatment has outstanding advantages, these advantages in the near future deal with a series of uncertainty Factors and unexpected incident has been concentrated expression.

"If the risks and uncertainties that it is difficult to avoid, to make good use of China's major power advantage, the advantage and political advantage, we may win some more of the initiative." [Liu Shijin] said.

China's Energy Bureau said the Olympic Games after oil prices will be adjusted as appropriate

National Development and Reform Commission and deputy director of the National Energy Board Secretary, Mr Zhang Guobao said in Beijing on the 18th Olympic Games after coal, electricity, oil price trend will be the state's overall economic development, domestic and international energy situation and market supply and demand and other factors.

On the 18th at the Beijing International Press Center, National Energy Board held the theme of "China's energy situation and international cooperation," the news conference.

"Product prices tend to reflect the relationship between supply and demand, China is moving from government-controlled pricing system gradually transition to a market price system." Face of the Olympic Games in fuel prices will rise after the rumor, said Zhang Guobao, China is now gradually taken with the international standards Approach, June 19 appropriate adjustments to the petrol, diesel and aviation kerosene prices, but still below the international price, which is considering the affordability of the domestic circumstances of the decision.

Zhang Guobao said that once a certain period of time, the attention of all sectors of diesel supply, refueling in the queue has been eased, particularly in gasoline supplies have been more lenient. What will the Olympic Games after the oil price changes, according to the Olympic Games after the overall economic development and domestic and international energy situation may be.

Turning to some Chinese provinces facing the situation, Zhang Guobao said that the current power shortage is not because of lack of electricity installed capacity, but mainly reflected in the tight supply of coal. In recent years China's rapid development of electric power, coal supply relatively not be able to meet the needs of the development of electric power, steel and other industries Haomei the demand for coal is increasing rapidly.

Zhang Guobao said that Beijing, Shanghai and other big cities have not felt the shortage of electricity, central China's power supply due to the transport of coal supply to be affected. China's coal price is now open, that is determined by the market price of coal, the state was established, "Meidianyouyun coordinate leading group", by increasing coal production and supply, and called on energy conservation and management of electricity Demand and a series of measures to improve coal supply to a tight, prices rose the situation.

Zhang Guobao said that the price of electricity can not be fully determined by the market, including the United States, China and the majority of the world's countries, the implementation of government pricing. This is to control inflation, protect people's lives.