{"id":658857,"date":"2026-08-21T23:20:23","date_gmt":"2026-08-22T06:20:23","guid":{"rendered":"https:\/\/nai500.com\/?p=658857"},"modified":"2026-08-21T23:23:44","modified_gmt":"2026-08-22T06:23:44","slug":"%e7%9f%bf%e4%b8%9a%e4%bc%a0%e5%a5%87%e6%8a%95%e8%b5%84%e8%80%85%e7%9a%84%e5%88%b6%e8%83%9c%e6%b3%95%e5%88%99%ef%bc%9a%e8%80%90%e5%bf%83%e3%80%81%e8%87%aa%e5%be%8b%e4%b8%8e%e9%80%86%e5%90%91%e5%b8%83","status":"publish","type":"post","link":"https:\/\/nai500.com\/zh-hans\/blog\/2026\/08\/%e7%9f%bf%e4%b8%9a%e4%bc%a0%e5%a5%87%e6%8a%95%e8%b5%84%e8%80%85%e7%9a%84%e5%88%b6%e8%83%9c%e6%b3%95%e5%88%99%ef%bc%9a%e8%80%90%e5%bf%83%e3%80%81%e8%87%aa%e5%be%8b%e4%b8%8e%e9%80%86%e5%90%91%e5%b8%83\/","title":{"rendered":"\u77ff\u4e1a\u4f20\u5947\u6295\u8d44\u8005\u7684\u5236\u80dc\u6cd5\u5219\uff1a\u8010\u5fc3\u3001\u81ea\u5f8b\u4e0e\u9006\u5411\u5e03\u5c40"},"content":{"rendered":"

2026\u5e74Rule Symposium\u8fd1\u65e5\u843d\u4e0b\u5e37\u5e55\u3002\u5728\u8fd9\u573a\u6c47\u805a\u5168\u7403\u77ff\u4e1a\u6295\u8d44\u7cbe\u82f1\u7684\u76db\u4f1a\u4e0a\uff0c\u4e00\u573a\u4ee5\u201c\u6d3b\u7740\u7684\u4f20\u5947\u201d\u4e3a\u4e3b\u9898\u7684\u4e13\u9898\u8ba8\u8bba\uff0c\u63ed\u5f00\u4e86\u9876\u7ea7\u6295\u8d44\u8005\u7a7f\u8d8a\u5468\u671f\u3001\u6301\u7eed\u83b7\u80dc\u7684\u6838\u5fc3\u903b\u8f91\u3002\u4e0e\u4f1a\u4e13\u5bb6\u4e00\u81f4\u8ba4\u4e3a\uff0c\u77ff\u4e1a\u6295\u8d44\u7684\u771f\u6b63\u5206\u91ce\u4e0d\u5728\u4e8e\u9009\u80a1\u6280\u5de7\u7684\u9ad8\u4f4e\uff0c\u800c\u5728\u4e8e\u6295\u8d44\u8005\u662f\u5426\u5177\u5907\u6e05\u6670\u7684\u81ea\u6211\u8ba4\u77e5\u3001\u4e25\u683c\u7684\u7eaa\u5f8b\u7ea6\u675f\uff0c\u4ee5\u53ca\u5bf9\u957f\u671f\u4e3b\u4e49\u7684\u575a\u5b9a\u4fe1\u4ef0\u3002<\/p>\n

\u8ba4\u6e05\u80fd\u529b\u8fb9\u754c\uff0c\u6bd4\u8ffd\u9010\u70ed\u70b9\u66f4\u91cd\u8981<\/b><\/strong><\/p>\n

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Adrian Day Asset Management\u603b\u88c1Adrian Day\u8868\u793a\uff0c\u81ea\u5df1\u7684\u7ade\u4e89\u4f18\u52bf\u6765\u81ea\u4e8e\u8de8\u884c\u4e1a\u7684\u5b8f\u89c2\u6bd4\u8f83\u89c6\u91ce\u2014\u2014\u80fd\u591f\u5728\u4e0d\u540c\u677f\u5757\u4e4b\u95f4\u53d1\u73b0\u88ab\u4e13\u4e1a\u504f\u89c1\u6240\u63a9\u76d6\u7684\u4ef7\u503c\u673a\u4f1a\u3002\u800c\u5730\u8d28\u5b66\u5bb6\u51fa\u8eab\u7684\u6295\u8d44\u7ec4\u5408\u7ecf\u7406Jonathan Goodman\u5219\u8fdb\u4e00\u6b65\u6307\u51fa\uff0c\u6295\u8d44\u4e2d\u6700\u5173\u952e\u7684\u6280\u80fd\uff0c\u4e0d\u662f\u77e5\u9053\u81ea\u5df1\u77e5\u9053\u4ec0\u4e48\uff0c\u800c\u662f\u201c\u6e05\u695a\u81ea\u5df1\u4e0d\u77e5\u9053\u4ec0\u4e48\u201d\uff0c\u5e76\u4e14\u77e5\u9053\u5982\u4f55\u83b7\u53d6\u90a3\u4e9b\u672a\u77e5\u7684\u7b54\u6848\u3002\u8fd9\u79cd\u8c26\u900a\u800c\u52a1\u5b9e\u7684\u8ba4\u77e5\u6001\u5ea6\uff0c\u6784\u6210\u4e86\u4ed6\u4eec\u51b3\u7b56\u4f53\u7cfb\u7684\u57fa\u77f3\u3002<\/p>\n

\u5341\u500d\u80a1\u7684\u4ee3\u4ef7\uff1a\u5fc5\u987b\u71ac\u8fc750%\u7684\u4e0b\u8dcc<\/b><\/strong><\/p>\n

\u77ff\u4e1a\u884c\u4e1a\u6536\u76ca\u5206\u5e03\u7684\u6781\u5ea6\u4e0d\u5bf9\u79f0\uff0c\u662f\u53c2\u4e0e\u8005\u5fc5\u987b\u9762\u5bf9\u7684\u7b2c\u4e00\u9053\u8003\u9a8c\u3002San Cristobal Mining\u9996\u5e2d\u6267\u884c\u5b98Quinton Hennigh\u5766\u8a00\uff0c\u8fd9\u4e2a\u884c\u4e1a\u201c\u6bcf\u51fa\u73b0\u4e00\u4e24\u5e74\u597d\u884c\u60c5\uff0c\u5f80\u5f80\u4f34\u968f\u7740\u516b\u4e5d\u5e74\u7684\u4f4e\u8ff7\u671f\u201d\u3002\u8fd9\u79cd\u5468\u671f\u7279\u5f81\u51b3\u5b9a\u4e86\uff0c\u771f\u6b63\u53ef\u89c2\u7684\u56de\u62a5\u5fc5\u7136\u8981\u4ee5\u627f\u53d7\u6781\u7aef\u6ce2\u52a8\u4e3a\u4ee3\u4ef7\u3002<\/p>\n

\u4f20\u5947\u6295\u8d44\u8005Rick Rule\u7528\u81ea\u5df1\u7684\u771f\u5b9e\u6570\u636e\u5370\u8bc1\u4e86\u8fd9\u4e00\u89c4\u5f8b\u3002\u4ed6\u900f\u9732\uff0c\u81ea\u5df1\u5e73\u5747\u6bcf\u53ea\u201c\u5341\u500d\u80a1\u201d\u7684\u6301\u6709\u5468\u671f\u957f\u8fbe\u4e94\u5e74\u534a\uff0c\u800c\u5728\u6b64\u671f\u95f4\uff0c\u6bcf\u53ea\u80a1\u7968\u90fd\u81f3\u5c11\u7ecf\u5386\u8fc7\u4e00\u6b2150%\u4ee5\u4e0a\u7684\u80a1\u4ef7\u56de\u64a4\u3002\u201c\u552f\u4e00\u80fd\u8ba9\u6211\u575a\u5b88\u4e0b\u6765\u7684\u7406\u7531\uff0c\u662f\u6211\u5bf9\u516c\u53f8\u7684\u4e86\u89e3\u8db3\u591f\u6df1\u5165\u2014\u2014\u6df1\u5230\u5f53\u80a1\u4ef7\u8170\u65a9\u65f6\uff0c\u6211\u7684\u7b2c\u4e00\u53cd\u5e94\u4e0d\u662f\u6050\u614c\u629b\u552e\uff0c\u800c\u662f\u52a0\u500d\u4e70\u5165\u3002\u201d\u8fd9\u79cd\u5e95\u6c14\uff0c\u5e76\u975e\u6765\u81ea\u80c6\u91cf\uff0c\u800c\u662f\u6765\u81ea\u624e\u5b9e\u7684\u57fa\u672c\u9762\u7814\u7a76\u6240\u6784\u7b51\u7684\u5fc3\u7406\u62a4\u57ce\u6cb3\u3002<\/p>\n

\u6295\u8d44\u7ed3\u6784\u51b3\u5b9a\u884c\u4e3a\uff0c\u9006\u5411\u5e03\u5c40\u9700\u8981\u5236\u5ea6\u4fdd\u969c<\/b><\/strong><\/p>\n

\u4ece\u6b63\u786e\u8ba4\u77e5\u5230\u6b63\u786e\u884c\u52a8\u4e4b\u95f4\uff0c\u5f80\u5f80\u6a2a\u4e98\u7740\u7ed3\u6784\u6027\u969c\u788d\u3002SCP Resource Finance\u4e3b\u5e2dPeter Grosskopf\u6307\u51fa\uff0c\u60f3\u8981\u6210\u4e3a\u771f\u6b63\u7684\u9006\u5411\u6295\u8d44\u8005\uff0c\u9996\u5148\u8981\u6446\u8131\u5171\u540c\u57fa\u91d1\u7684\u6a21\u5f0f\u675f\u7f1a\u2014\u2014\u56e0\u4e3a\u57fa\u91d1\u901a\u5e38\u5728\u5e02\u573a\u9ad8\u70b9\u88ab\u8feb\u8ffd\u6da8\uff0c\u5728\u5e02\u573a\u4f4e\u70b9\u88ab\u8feb\u8d4e\u56de\uff0c\u5176\u8fd0\u4f5c\u673a\u5236\u5929\u7136\u4e0e\u4ef7\u503c\u6295\u8d44\u7684\u9006\u5411\u903b\u8f91\u76f8\u6096\u3002<\/p>\n

Grosskopf\u8fd8\u53cd\u601d\u4e86\u81ea\u5df1\u6700\u5927\u7684\u6295\u8d44\u5931\u8bef\uff1a\u201c\u6211\u7684\u95ee\u9898\u4e0d\u662f\u9009\u9519\u4e86\u80a1\u7968\uff0c\u800c\u662f\u5356\u5f97\u592a\u65e9\u3002\u201d\u4ed6\u5f15\u7528\u77ff\u4e1a\u6295\u8d44\u754c\u77e5\u540d\u4eba\u7269Eric Sprott\u7684\u7406\u5ff5\u6765\u9610\u91ca\u5e94\u5bf9\u4e4b\u9053\u2014\u2014\u5c0650%\u751a\u81f3100%\u7684\u4e8f\u635f\u89c6\u4e3a\u5fc5\u987b\u652f\u4ed8\u7684\u201c\u5165\u573a\u8d39\u201d\uff0c\u4ee5\u6b64\u6362\u53d6\u90a3\u4e9b\u5177\u590720\u500d\u4e0a\u6da8\u6f5c\u529b\u7684\u771f\u6b63\u673a\u4f1a\u3002\u8fd9\u79cd\u201c\u7528\u5c0f\u4e8f\u6362\u5927\u76c8\u201d\u7684\u601d\u7ef4\uff0c\u8981\u6c42\u6295\u8d44\u8005\u5728\u5236\u5ea6\u5c42\u9762\u505a\u597d\u5145\u5206\u51c6\u5907\uff0c\u786e\u4fdd\u81ea\u5df1\u6709\u80fd\u529b\u5728\u5e02\u573a\u6050\u614c\u65f6\u9006\u5411\u51fa\u624b\u3002<\/p>\n

\u805a\u7126\u4f18\u8d28\u6807\u7684\uff0c\u7528\u590d\u76d8\u6253\u78e8\u4f53\u7cfb<\/b><\/strong><\/p>\n

\u4f20\u5947\u6295\u8d44\u8005\u5bf9\u6295\u8d44\u7ec4\u5408\u7684\u7ba1\u7406\u540c\u6837\u5c55\u73b0\u51fa\u8fd1\u4e4e\u4e25\u82db\u7684\u81ea\u5f8b\u3002Adrian Day\u63a8\u5d07Pierre Lassonde\u786e\u7acb\u7684\u51c6\u5219\u2014\u2014\u201c\u53ea\u6301\u6709\u4e94\u5bb6\u52d8\u63a2\u516c\u53f8\uff0c\u60f3\u65b0\u589e\u6301\u4ed3\uff0c\u5c31\u5fc5\u987b\u4ece\u73b0\u6709\u7684\u4e94\u5bb6\u4e2d\u5356\u6389\u4e00\u5bb6\u3002\u201dRick Rule\u5219\u7ed9\u6295\u673a\u8005\u63d0\u51fa\u4e86\u4e00\u6761\u7b80\u5355\u800c\u786c\u6027\u7684\u5efa\u8bae\uff1a\u6839\u636e\u81ea\u5df1\u6bcf\u6708\u613f\u610f\u6295\u5165\u7684\u7814\u7a76\u65f6\u957f\u6765\u786e\u5b9a\u6301\u80a1\u6570\u91cf\u2014\u201410\u5c0f\u65f6\u5bf9\u5e9410\u53ea\u80a1\u7968\uff0c\u5982\u679c\u6ca1\u6709\u65f6\u95f4\u6df1\u5165\u7814\u7a76\uff0c\u5c31\u4e0d\u8981\u6301\u6709\u4efb\u4f55\u6295\u673a\u6027\u5934\u5bf8\u3002<\/p>\n

\u6b64\u5916\uff0c\u5b9a\u671f\u590d\u76d8\u5931\u8d25\u6848\u4f8b\u4e5f\u662f\u4ed6\u4eec\u6301\u7eed\u8fdb\u5316\u7684\u91cd\u8981\u73af\u8282\u3002Adrian Day\u5f3a\u8c03\uff0c\u6bcf\u4e00\u6b21\u4e8f\u635f\u4e4b\u540e\u90fd\u8981\u8ffd\u95ee\uff1a\u5230\u5e95\u662f\u7eaf\u7cb9\u7684\u8fd0\u6c14\u4e0d\u597d\uff0c\u8fd8\u662f\u4e70\u5165\u903b\u8f91\u672c\u8eab\u5b58\u5728\u7f3a\u9677\uff1f\u8fd9\u79cd\u6301\u7eed\u53cd\u601d\u7684\u673a\u5236\uff0c\u5e2e\u52a9\u4ed6\u4eec\u4e0d\u65ad\u4f18\u5316\u51b3\u7b56\u6846\u67b6\uff0c\u907f\u514d\u5728\u540c\u4e00\u7c7b\u9519\u8bef\u4e0a\u53cd\u590d\u683d\u8ddf\u5934\u3002<\/p>\n

\u7ed3\u8bed<\/b><\/strong><\/p>\n

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 <\/p>\n","protected":false},"excerpt":{"rendered":"

2026\u5e74Rule Symposium\u8fd1\u65e5\u843d\u4e0b\u5e37\u5e55\u3002\u5728\u8fd9\u573a\u6c47\u805a\u5168\u7403\u77ff\u4e1a\u6295\u8d44\u7cbe\u82f1\u7684\u76db\u4f1a\u4e0a\uff0c\u4e00\u573a\u4ee5\u201c\u6d3b\u7740\u7684\u4f20\u5947\u201d\u4e3a […]<\/p>\n","protected":false},"author":31,"featured_media":586617,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[427,2196],"tags":[1402,893,661,659],"class_list":["post-658857","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-news-zh-hans","category-2196","tag-1402","tag-893","tag-661","tag-659","sectors-base-metals-sch","sectors-mining-zh-hans","sectors-energy-metals-sch","sectors-gold-zh-hans","locations-canada-zh-hans","locations-us-zh-hans","exchange-nyse-zh-hans","exchange-tsx-zh-hans"],"acf":[],"_links":{"self":[{"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/posts\/658857","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=658857"}],"version-history":[{"count":2,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/posts\/658857\/revisions"}],"predecessor-version":[{"id":658864,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/posts\/658857\/revisions\/658864"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/media\/586617"}],"wp:attachment":[{"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/media?parent=658857"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/categories?post=658857"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/tags?post=658857"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}