GLD 这一页 4 条观点条目，其中 0 条方向发生变化。
黄金，黄金。我卖出了所有的黄金。[哼了一声] 嗯，我差点就准备买回来了，说实话。但我昨天没做，我太忙于其他事情了。但你知道，如果我们记得我们在买入 385 美元的行权价，然后我把期权一路向上滚动，并在强势中清仓了我的 GLD 410 美元行权价，我希望能够买入 430 美元的行权价，可能是 9 月 18 日到期的。
就黄金而言，我认为黄金创出新低的潜力不大。这仍在合理可能性的范围内，但比我预期的可能性要大一些。我把它留在图表上，但我认为黄金更有可能只是回调，而不是创出新低。现在，我要提醒你，我仍然没有任何迹象表明黄金已经见顶。
黄金的交易与预期通胀相关，而非实际通胀。因此，当投资者预期通胀时，他们会买入黄金，而不是在实际通胀发生时。当通胀实际发生时，它强化了投资者的观点，即他们应该持有黄金，但黄金往往领先于通胀，不过在过去18个月里，你不需要成为天才就能预见到通胀。
gold traded with that not with actual inflation. So it was when investors expected inflation that they bought gold, not so much when inflation actually occurred. As the inflation actually occurred, it reinforced the investor's view that yes, they should be owning gold, but gold tends to uh anticipate inflation, but you don't have to be a genius to have anticipated inflation over the last 18 months.
我们预计通胀将持续高于3%，可能在未来至少几个季度内持续上升至4%或5%。如果2026年的悖论之一是，石油供应冲击导致的高通胀推高了收益率，这可能会压低金价。这是一个有趣的悖论。我想知道这种关系是否会持续。
We're expecting inflation to stay persistently above 3%, possibly move up toward four or 5% on on an ongoing basis at least for the next several quarters. if if one of the paradoxes of 2026 is that higher inflation caused by a supply shock in oil has triggered higher yields which arguably push down gold. That's an interesting paradox. I wonder if that relationship is going to persist.
接下来是黄金。黄金已经看到了大量资本流入，主要是因为货币贬值交易，基本上人为地拯救了收益率曲线。这样做导致人们担心他们的法定货币，即美元，会因这种人为维持和降低收益率曲线的操作而贬值。
这就是上周真正激发了对黄金兴趣的原因，推动黄金突破了之前的阻力位，这些阻力位现在在屏幕上显示为支撑位。现在我们开始在4575美元上方盘整。
Next up into gold, guys. Gold has been um uh the inflow of capital has seen a ton of inflow of capital, mainly because of the currency debasement trade with percent, basically um artificially saving the yield curve. And in doing so, what that is what that what happens with that is that folks fear that they're going to have their fiat currencies, thus the US dollar, devalued with this sort of maneuvering to artificially maintain and and lower that yield curve. So, that's what's really kick-started some interest in gold last week, pushing gold up through these previous levels of resistance, which are now support isolated on your screen. And now we're starting to settle out right on top of $4,575.
