{"id":550231,"date":"2024-08-29T19:29:10","date_gmt":"2024-08-30T02:29:10","guid":{"rendered":"https:\/\/nai500.com\/?p=550231"},"modified":"2024-08-29T19:29:10","modified_gmt":"2024-08-30T02:29:10","slug":"%e7%99%bd%e9%93%b6-%e5%b8%82%e5%9c%ba-%e5%8f%98%e5%8c%96-%e5%bc%95%e5%8f%91-%e4%bb%b7%e6%a0%bc-%e6%9a%b4%e6%b6%a8%ef%bc%9f","status":"publish","type":"post","link":"https:\/\/nai500.com\/zh-hans\/blog\/2024\/08\/%e7%99%bd%e9%93%b6-%e5%b8%82%e5%9c%ba-%e5%8f%98%e5%8c%96-%e5%bc%95%e5%8f%91-%e4%bb%b7%e6%a0%bc-%e6%9a%b4%e6%b6%a8%ef%bc%9f\/","title":{"rendered":"\u767d\u94f6\u5e02\u573a\u7684\u8fd9\u4e00\u91cd\u5927\u53d8\u5316\u4f1a\u4e0d\u4f1a\u5f15\u53d1\u4ef7\u683c\u66b4\u6da8\uff1f"},"content":{"rendered":"

\u8fc7\u53bb\u4e00\u5468\uff0c\u7531\u4e8e9\u6708\u4efd\u7f8e\u8054\u50a8\u964d\u606f\u51e0\u4e4e\u5df2\u7ecf\u6ca1\u6709\u4efb\u4f55\u60ac\u5ff5\uff0c\u8d35\u91d1\u5c5e\u9ec4\u91d1\u4ef7\u683c\u5728\u627f\u53d7\u83b7\u5229\u5356\u76d8\u7684\u538b\u529b\u4e0b\u7ee7\u7eed\u4fdd\u6301\u5728\u6bcf\u76ce\u53f82500\u7f8e\u5143\u4e0a\u65b9\uff0c\u663e\u793a\u51fa\u4e86\u8fdb\u4e00\u6b65\u4e0a\u6da8\u7684\u52bf\u5934\u3002\u5728\u91d1\u4ef7\u4e0a\u6da8\u7684\u5e26\u52a8\u4e0b\uff0c\u767d\u94f6\u4ef7\u683c\u4e0a\u5468\u7a81\u7834\u4e86\u6bcf\u76ce\u53f830\u7f8e\u5143\uff0c\u5e74\u521d\u81f3\u4eca\u4e0a\u6da8\u4e8628%\uff0c\u8d85\u8fc7\u91d1\u4ef7\u5e74\u521d\u8fc4\u4eca23%\u7684\u6da8\u5e45\u3002<\/p>\n

\u91d1\u94f6\u6bd4\u663e\u793a\u767d\u94f6\u88ab\u4f4e\u4f30<\/b><\/strong><\/h2>\n

\u91d1\u94f6\u6bd4\u662f\u8861\u91cf\u9ec4\u91d1\u4e0e\u767d\u94f6\u76f8\u5bf9\u4ef7\u503c\u7684\u5173\u952e\u6307\u6807\uff0c\u7528\u73b0\u8d27\u91d1\u4ef7\u9664\u4ee5\u73b0\u8d27\u94f6\u4ef7\u5f97\u51fa\u3002\u6839\u636eInvestopedia\u7684\u6570\u636e\uff0c\u572820\u4e16\u7eaa\uff0c\u9ec4\u91d1\u4e0e\u767d\u94f6\u7684\u5e73\u5747\u6bd4\u7387\u4e3a47:1\u3002\u572821\u4e16\u7eaa\uff0c\u8be5\u6bd4\u7387\u5927\u90e8\u5206\u65f6\u95f4\u5185\u572850:1\u548c70:1\u4e4b\u95f4\uff0c2020\u5e74\u8fbe\u5230104.98:1\u7684\u5cf0\u503c\uff0c\u6700\u4f4e\u662f2011\u5e74\u768435:1\u3002<\/p>\n

\u4e1a\u5185\u4eba\u58eb\u6307\u51fa\uff0c\u4ee580:1\u7684\u4e2d\u4f4d\u91d1\u94f6\u6bd4\u8ba1\u7b97\uff0c2300\u7f8e\u5143\u7684\u9ec4\u91d1\u4ef7\u683c\u610f\u5473\u774028.75\u7f8e\u5143\u7684\u767d\u94f6\u4ef7\u683c\u3002\u5982\u679c\u91d1\u4ef7\u8fbe\u52302500\u7f8e\u5143\uff08\u73b0\u5728\u5df2\u7ecf\u8fbe\u5230\uff09\uff0c\u4fdd\u6301\u540c\u6837\u7684\u6bd4\u7387\u610f\u5473\u7740\u94f6\u4ef7\u5e94\u8be5\u4e3a31.25\u7f8e\u5143\u3002\u5f53\u767d\u94f6\u5728\u4eca\u5e74\u665a\u4e9b\u65f6\u5019\u6216\u660e\u5e74\u7206\u53d1\u65f6\uff0c\u5c06\u53d7\u5230\u4e0e\u9ec4\u91d1\u76ee\u524d\u540c\u6837\u7684\u5173\u6ce8\u548c\u6295\u673a\u8005\u7684\u8ffd\u6367\u3002\u56e0\u6b64\uff0c\u767d\u94f6\u7684\u4ef7\u683c\u76ee\u6807\u5c06\u4e0d\u4ec5\u4ec5\u662f29\u7f8e\u5143\u621631\u7f8e\u5143\uff0c\u800c\u662f35\u7f8e\u5143\u6216\u66f4\u9ad8\u3002<\/p>\n

\u503c\u5f97\u6307\u51fa\u7684\u662f\uff0c\u5f53\u8d35\u91d1\u5c5e\u57282020\u5e74\u53cd\u5f39\u65f6\uff0c\u5728\u5229\u7387\u964d\u81f3\u96f6\u3001\u91cf\u5316\u5bbd\u677e\u548c\u5e02\u573a\u666e\u904d\u6050\u614c\u7684\u80cc\u666f\u4e0b\uff0c\u767d\u94f6\u7684\u6da8\u5e45\u66fe\u7ecf\u662f\u9ec4\u91d1\u7684\u4e24\u500d\u3002\u4ece2020\u5e741\u6708\u523012\u6708\uff0c\u767d\u94f6\u4ef7\u683c\u4e0a\u6da8\u4e8643%\uff0c\u800c\u9ec4\u91d1\u4ec5\u4e0a\u6da8\u4e8620.8%\u3002\u4eca\u5e74\u65e9\u4e9b\u65f6\u5019\uff0c\u5f53\u9ec4\u91d1\u4ef7\u683c\u7a81\u7834\u6bcf\u76ce\u53f82000\u7f8e\u5143\u65f6\uff0c\u767d\u94f6\u4ef7\u683c\u4e00\u5ea6\u4e0a\u6da8\u4e8639%\u3002<\/p>\n

Sprott Asset Management\u9996\u5e2d\u6267\u884c\u5b98John Ciampaglia\u8868\u793a\uff0c\u867d\u7136\u9ec4\u91d1\u4eca\u5e74\u5c61\u521b\u65b0\u9ad8\uff0c\u4f46\u767d\u94f6\u7684\u4ef7\u503c\u4ecd\u7136\u88ab\u4f4e\u4f30\u3002\u9ec4\u91d1\u5df2\u7ecf\u8d85\u8fc7\u4e862500\u7f8e\u5143\uff0c\u800c\u767d\u94f6\u4ecd\u4f4e\u4e8e30\u7f8e\u5143\uff0c\u8fd9\u8ba9\u4eba\u611f\u5230\u532a\u5937\u6240\u601d\u3002\u663e\u7136\uff0c\u767d\u94f6\u79bb2010\u5e74\u7684\u9ad8\u70b9\u8fd8\u5f88\u8fdc\uff0c\u968f\u7740\u65f6\u95f4\u7684\u63a8\u79fb\uff0c\u767d\u94f6\u5e94\u8be5\u6709\u80fd\u529b\u56de\u523050\u7f8e\u5143\u5de6\u53f3\u7684\u9ad8\u70b9\u3002<\/p>\n

\u57fa\u672c\u9762\u4ecd\u7136\u5f88\u5f3a\u52b2<\/b><\/strong><\/h2>\n

\u4e00\u4e9b\u5206\u6790\u5e08\u6307\u51fa\uff0c\u767d\u94f6\u4e4b\u6240\u4ee5\u672a\u80fd\u5728\u5f53\u524d\u5e02\u573a\u73af\u5883\u4e0b\u4fdd\u6301\u7a33\u5b9a\u7684\u770b\u6da8\u52bf\u5934\uff0c\u8fd9\u662f\u56e0\u4e3a\u767d\u94f6\u5bf9\u5168\u7403\u7ecf\u6d4e\u8f83\u4e3a\u654f\u611f\u3002\u867d\u7136\u8f83\u4f4e\u7684\u5229\u7387\u6709\u5229\u4e8e\u4f5c\u4e3a\u8d27\u5e01\u91d1\u5c5e\u7684\u767d\u94f6\uff0c\u4f46\u7ecf\u6d4e\u653e\u7f13\u7684\u5a01\u80c1\u53ef\u80fd\u4f1a\u8ba9\u6295\u8d44\u8005\u4fdd\u6301\u8c28\u614e\u3002\u767d\u94f6\u7684\u5927\u90e8\u5206\u4ef7\u503c\u6765\u81ea\u5de5\u4e1a\u9700\u6c42\u3002<\/p>\n

\u767d\u94f6\u534f\u4f1a\u59d4\u6258\u725b\u6d25\u7ecf\u6d4e\u7814\u7a76\u9662\uff08Oxford Economics\uff09\u64b0\u5199\u7684\u4e00\u4efd\u62a5\u544a\u53d1\u73b0\uff0c\u767d\u94f6\u5728\u4e09\u4e2a\u9886\u57df\uff1a\u5de5\u4e1a\u5e94\u7528\u3001\u73e0\u5b9d\u751f\u4ea7\u548c\u94f6\u5668\u5236\u9020\u9886\u57df\u7684\u9700\u6c42\u9884\u8ba1\u5c06\u57282023\u5e74\u81f32033\u5e74\u95f4\u589e\u957f42%\u3002<\/p>\n

\u4eca\u5e745\u6708\uff0c\u56fd\u9645\u80fd\u6e90\u673a\u6784\u7684\u4e00\u4efd\u62a5\u544a\u79f0\uff0c\u53bb\u5e74\u5168\u7403\u5728\u592a\u9633\u80fd\u5149\u4f0f\u5236\u9020\u9886\u57df\u7684\u6295\u8d44\u7ffb\u4e86\u4e00\u756a\u591a\uff0c\u8fbe\u5230\u7ea6800\u4ebf\u7f8e\u5143\uff0c\u7ea6\u5360\u5168\u7403\u6e05\u6d01\u80fd\u6e90\u6280\u672f\u5236\u9020\u4e1a\u6295\u8d44\u768440%\u3002<\/p>\n

\u636eSprott\u9884\u6d4b\uff0c\u5230 2030 \u5e74\uff0c\u592a\u9633\u80fd\u7535\u6c60\u677f\u5236\u9020\u5546\uff0c\u5c24\u5176\u662f\u4e2d\u56fd\u7684\u592a\u9633\u80fd\u7535\u6c60\u677f\u5236\u9020\u5546\u5bf9\u767d\u94f6\u7684\u9700\u6c42\u5c06\u589e\u52a0\u8fd1170%\uff0c\u8fbe\u5230\u7ea62.73\u4ebf\u76ce\u53f8\uff0c\u5360\u767d\u94f6\u603b\u9700\u6c42\u7684\u4e94\u5206\u4e4b\u4e00\u3002<\/p>\n

\u897f\u65b9\u5a92\u4f53\u6700\u8fd1\u62a5\u9053\u4e86\u4e00\u4e2a\u73b0\u8c61\uff0c\u4e2d\u56fd\u6b63\u5728\u56e4\u79ef\u767d\u94f6\u5e76\u62ac\u9ad8\u4ef7\u683c\uff0c\u4ee5\u83b7\u5f97\u66f4\u591a\u7684\u767d\u94f6\u8d44\u6e90\u3002\u6570\u636e\u663e\u793a\uff0c\u4e0a\u6d77\u91d1\u5c5e\u4ea4\u6613\u6240\u7684\u767d\u94f6\u4ea4\u6613\u91cf\u8fd1\u671f\u5927\u5e45\u98d9\u5347\uff0c\u800c\u4e14\u4ef7\u683c\u6bd4\u897f\u65b9\u4ea4\u6613\u6240\u9ad8\u51fa\u7ea610%\u3002<\/p>\n

\u4e2d\u56fd\u4e3a\u4ec0\u4e48\u8981\u62ac\u9ad8\u767d\u94f6\u4ef7\u683c\uff1f\u56e0\u4e3a\u4ece\u7535\u5b50\u4ea7\u54c1\u5230\u592a\u9633\u80fd\u7535\u6c60\u677f\uff0c\u767d\u94f6\u662f\u8bb8\u591a\u5236\u9020\u5de5\u827a\u7684\u5fc5\u9700\u54c1\u3002 \u5f6d\u535a\u793e\u62a5\u9053\u79f0\uff0c\u4e2d\u56fd\u7684\u767d\u94f6\u8fdb\u53e3\u91cf\u572812\u6708\u548c4\u6708\u5206\u522b\u8fbe\u5230390\u5428\u548c340\u5428\uff0c\u521b\u4e0b\u4e09\u5e74\u6765\u65b0\u9ad8\uff0c\u800c\u4e94\u5e74\u6765\u7684\u6708\u5e73\u5747\u503c\u4e3a310\u5428\u30026\u6708\u548c7\u6708\uff0c\u767d\u94f6\u51c0\u8fdb\u53e3\u91cf\u8d85\u8fc7400\u5428\u3002<\/p>\n

\u4e2d\u56fd\u8fd8\u5728\u56e4\u79ef\u592a\u9633\u80fd\u7535\u6c60\u677f\uff0c\u76ee\u524d\uff0c\u5168\u7403\u7ea680%\u7684\u592a\u9633\u80fd\u7535\u6c60\u677f\u4ea7\u81ea\u4e2d\u56fd\u3002\u9664\u4e86\u4e2d\u56fd\uff0c\u5370\u5ea6\u8fd1\u5e74\u6765\u4e5f\u6b63\u4ece\u897f\u65b9\u5927\u91cf\u8fdb\u53e3\u767d\u94f6\u3002\u5370\u5ea6\u6700\u8fd1\u524a\u51cf\u4e86\u767d\u94f6\u8fdb\u53e3\u7a0e\uff0c\u8fdb\u4e00\u6b65\u589e\u52a0\u4e86\u5bf9\u767d\u94f6\u7684\u9700\u6c42\u3002<\/p>\n

\u636e\u300a\u8036\u8def\u6492\u51b7\u90ae\u62a5\u300b\u62a5\u9053\uff0c\u5206\u6790\u5e08\u8b66\u544a\u79f0\uff0c\u767d\u94f6\u9700\u6c42\u4e0d\u65ad\u589e\u957f\uff0c\u52a0\u4e0a\u4f9b\u5e94\u6709\u9650\uff0c\u53ef\u80fd\u4f1a\u5bfc\u81f4\u7c7b\u4f3c1980\u5e74\u7684\u201c\u767d\u94f6\u6324\u538b\u201d\u3002\u5982\u679c\u6295\u8d44\u8005\u5f00\u59cb\u6050\u614c\u5e76\u62a2\u8d2d\u767d\u94f6\uff0c\u767d\u94f6\u4ef7\u683c\u53ef\u80fd\u4f1a\u66b4\u6da8\u3002<\/p>\n

\u745e\u94f6\u5206\u6790\u5e08\u5728\u4e00\u4efd\u672c\u5468\u4e00\u53d1\u5e03\u7684\u62a5\u544a\u4e2d\u8868\u793a\uff0c\u5728\u6709\u5229\u7684\u5b8f\u89c2\u7ecf\u6d4e\u56e0\u7d20\u548c\u5f3a\u52b2\u7684\u9700\u6c42\u57fa\u672c\u9762\u7684\u63a8\u52a8\u4e0b\uff0c\u9884\u8ba1\u672a\u6765\u51e0\u4e2a\u6708\u94f6\u4ef7\u5c06\u8fdb\u4e00\u6b65\u4e0a\u6da8\u3002\u7f8e\u5143\u8d70\u5f31\u3001\u91d1\u878d\u5e02\u573a\u60c5\u7eea\u6539\u5584\u4ee5\u53ca\u91d1\u4ef7\u521b\u5386\u53f2\u65b0\u9ad8\uff0c\u90fd\u4fc3\u6210\u4e86\u94f6\u4ef7\u8fd1\u671f\u6e29\u548c\u53cd\u5f39\u3002\u745e\u94f6\u5206\u6790\u5e08\u5efa\u8bae\u957f\u671f\u6295\u8d44\u8005\u8003\u8651\u589e\u52a0\u5bf9\u767d\u94f6\u7684\u655e\u53e3\uff0c\u76ee\u6807\u4ef7\u683c\u533a\u95f4\u4e3a\u6bcf\u76ce\u53f836-38\u7f8e\u5143\u3002<\/p>\n","protected":false},"excerpt":{"rendered":"

\u8fc7\u53bb\u4e00\u5468\uff0c\u7531\u4e8e9\u6708\u4efd\u7f8e\u8054\u50a8\u964d\u606f\u51e0\u4e4e\u5df2\u7ecf\u6ca1\u6709\u4efb\u4f55\u60ac\u5ff5\uff0c\u8d35\u91d1\u5c5e\u9ec4\u91d1\u4ef7\u683c\u5728\u627f\u53d7\u83b7\u5229\u5356\u76d8\u7684\u538b\u529b\u4e0b\u7ee7\u7eed\u4fdd\u6301\u5728\u6bcf\u76ce\u53f8250 […]<\/p>\n","protected":false},"author":31,"featured_media":548939,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[427,1632,2196],"tags":[730,461,659,440],"class_list":["post-550231","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-news-zh-hans","category-insights-zh-hans","category-2196","tag-730","tag-461","tag-659","tag-440","sectors-mining-zh-hans","sectors-gold-zh-hans","locations-china-zh-hans","locations-us-zh-hans"],"acf":[],"_links":{"self":[{"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/posts\/550231","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/users\/31"}],"replies":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/comments?post=550231"}],"version-history":[{"count":4,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/posts\/550231\/revisions"}],"predecessor-version":[{"id":550240,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/posts\/550231\/revisions\/550240"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/media\/548939"}],"wp:attachment":[{"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/media?parent=550231"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/categories?post=550231"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/tags?post=550231"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}