{"id":485305,"date":"2024-01-29T18:24:13","date_gmt":"2024-01-30T02:24:13","guid":{"rendered":"https:\/\/nai500.com\/blog\/2024\/01\/gold-real-rate-correlation-is-now-broken-so-what-will-be-the-new-driver\/"},"modified":"2024-01-29T18:24:40","modified_gmt":"2024-01-30T02:24:40","slug":"%e9%bb%83%e9%87%91%e5%92%8c%e5%af%a6%e9%9a%9b%e5%88%a9%e7%8e%87%e7%9a%84%e7%9b%b8%e9%97%9c%e6%80%a7-%e5%a4%b1%e6%95%88-%e6%96%b0%e7%9a%84%e9%a9%85%e5%8b%95%e5%8a%9b","status":"publish","type":"post","link":"https:\/\/nai500.com\/zh-hant\/blog\/2024\/01\/%e9%bb%83%e9%87%91%e5%92%8c%e5%af%a6%e9%9a%9b%e5%88%a9%e7%8e%87%e7%9a%84%e7%9b%b8%e9%97%9c%e6%80%a7-%e5%a4%b1%e6%95%88-%e6%96%b0%e7%9a%84%e9%a9%85%e5%8b%95%e5%8a%9b\/","title":{"rendered":"\u9ec3\u91d1\u548c\u5be6\u969b\u5229\u7387\u7684\u76f8\u95dc\u6027\u5df2\u7d93\u5931\u6548\uff0c\u65b0\u7684\u9a45\u52d5\u529b\u6703\u662f\u4ec0\u9ebc\uff1f"},"content":{"rendered":"<p>\u7f8e\u570b\u7d93\u6fdf\u73fe\u5728\u7684\u7279\u5fb5\u662f\u589e\u9577\u5f37\u52c1\u4e14\u9ad8\u5229\u7387\uff0c\u540c\u6642\u7f8e\u570b\u80a1\u5e02\u983b\u983b\u5275\u65b0\u9ad8\u3002\u4f46\u9055\u53cd\u76f4\u89ba\u7684\u662f\uff0c\u5f88\u591a\u6a5f\u69cb\u7d1b\u7d1b\u770b\u6f32\u9ec3\u91d1\uff0c\u800c\u5b83\u5011\u7684\u4f9d\u64da\u7121\u4e00\u4f8b\u5916\u90fd\u662f\u7f8e\u806f\u5132\u5bec\u9b06\u8ca8\u5e63\u653f\u7b56\u4ee5\u53ca\u964d\u606f\u7684\u9810\u671f\u5c07\u63d0\u5347\u9ec3\u91d1\u9700\u6c42\u3002\u4f46\u6709\u4e00\u5bb6\u6a5f\u69cb\u537b\u6307\u51fa\uff0c\u9ec3\u91d1\u548c\u5be6\u969b\u5229\u7387\u7684\u76f8\u95dc\u6027\u5df2\u7d93\u5931\u6548\u3002<\/p>\n<p>\u90a3\u9ebc\u554f\u984c\u4f86\u4e86\uff0c\u9ec3\u91d1\u50f9\u683c\u4e0a\u6f32\u65b0\u7684\u9a45\u52d5\u529b\u662f\u4ec0\u9ebc\uff1f<\/p>\n<p>\u9019\u500b\u66ab\u4e14\u4e0d\u8aaa\uff0c\u6211\u5011\u5148\u4f86\u8aaa\u8aaa\u7576\u524d\u591a\u6578\u83ef\u723e\u8857\u6295\u8cc7\u6a5f\u69cb\u770b\u6f32\u9ec3\u91d1\u7684\u908f\u8f2f\u3002<\/p>\n<p>\u9ec3\u91d1\u548c\u5be6\u969b\u5229\u7387\u4e4b\u9593\u5b58\u5728\u8457\u8ca0\u76f8\u95dc\u6027\u3002\u5be6\u969b\u5229\u7387\u7684\u8b8a\u5316\u6703\u76f4\u63a5\u5f71\u97ff\u8457\u9ec3\u91d1\u7684\u50f9\u683c\u8d70\u52e2\u3002\u901a\u5e38\u60c5\u6cc1\u4e0b\uff0c\u7576\u5be6\u969b\u5229\u7387\u4e0b\u964d\u6642\uff0c\u9ec3\u91d1\u50f9\u683c\u4e0a\u6f32\uff0c\u56e0\u70ba\u6295\u8cc7\u8005\u50be\u5411\u4e8e\u6301\u6709\u9ec3\u91d1\u4f86\u907f\u96aa\uff0c\u800c\u5be6\u969b\u5229\u7387\u4e0a\u5347\u5247\u6703\u5c0e\u81f4\u9ec3\u91d1\u50f9\u683c\u4e0b\u8dcc\u3002\u9019\u7a2e\u8ca0\u76f8\u95dc\u95dc\u4fc2\u662f\u7531\u907f\u96aa\u9700\u6c42\u3001\u901a\u8ca8\u81a8\u8139\u9810\u671f\u4ee5\u53ca\u6295\u8cc7\u8005\u5c0d\u8ca8\u5e63\u653f\u7b56\u7684\u53cd\u61c9\u6240\u6c7a\u5b9a\u7684\u3002<\/p>\n<p>\u6bd4\u5982\u8aaa\uff0c\u6469\u6839\u5927\u901a\u7684\u5206\u6790\u5e2b\u6307\u51fa\uff0c\u4eca\u5e74\u9ec3\u91d1\u50f9\u683c\u5c07\u53d7\u76ca\u65bc\u964d\u606f\u4ee5\u53ca\u6295\u8cc7\u9700\u6c42\u7684\u56de\u6b78\u3002\u52a0\u62ff\u5927\u5c0d\u6c96\u57fa\u91d1XIB Asset Management\u73fe\u5728\u62bc\u6ce8\u9ec3\u91d1\u548c\u923e\u5c07\u5728\u5229\u7387\u4e0b\u964d\u7684\u74b0\u5883\u4e0b\u6703\u6709\u66f4\u597d\u7684\u8868\u73fe\u3002XIB\u5275\u59cb\u4eba\u4e4b\u4e00\u7684Sean McNulty\u8868\u793a\uff0c\u5728\u4fe1\u8cb8\u9031\u671f\u63a5\u4e0b\u4f86\u7684\u968e\u6bb5\u5167\uff0c\u9ec3\u91d1\u53ca\u5176\u4ed6\u5927\u5b97\u5546\u54c1\u9a45\u52d5\u7684\u80a1\u7968\u6b77\u53f2\u4e0a\u8868\u73fe\u90fd\u5f88\u4e0d\u932f\u3002<\/p>\n<p>\u6b64\u5916\uff0c\u745e\u9280\u5efa\u8b70\u6295\u8cc7\u8005\u9ec3\u91d1\u50f9\u683c\u4e00\u65e6\u8dcc\u7834\u6bcf\u76ce\u53f82000\u7f8e\u5143\u5c31\u8cb7\u5165\uff0c\u4e26\u9a45\u52d5\u91d1\u50f9\u5230\u5e74\u5e95\u6642\u6700\u9ad8\u6f32\u52302250\u7f8e\u5143\u3002\u81f3\u65bc\u7406\u7531\uff0c\u8ca8\u5e63\u653f\u7b56\u7684\u653e\u9b06\u5c07\u65bd\u58d3\u7f8e\u5143\u548c\u5be6\u969b\u5229\u7387\uff0c\u5f9e\u800c\u63d0\u632f\u9ec3\u91d1\u9700\u6c42\uff0c\u5c24\u5176\u662f\u9ec3\u91d1ETF\u7684\u9700\u6c42\u3002\u6309\u7167\u745e\u9280\u7684\u9810\u6e2c\uff0c\u9023\u7e8c3\u5e74\u8cc7\u91d1\u6d41\u51fa\u7684\u9ec3\u91d1ETF\u5c07\u8fce\u4f86\u6d41\u5165\uff0c\u4e26\u6709\u671b\u4fc3\u6210\u9ec3\u91d1\u50f9\u683c\u7684\u6301\u7e8c\u4e0a\u6f32\u3002<\/p>\n<h2>\u9ec3\u91d1\u50f9\u683c\u65b0\u7684\u9a45\u52d5\u529b\u662f\u4ec0\u9ebc\uff1f<\/h2>\n<p>BMO Capital Markets\u7684\u5927\u5b97\u5546\u54c1\u5206\u6790\u5e2bColin Hamilton\u5728\u4e00\u4efd\u540d\u70ba\u300a\u9ec3\u91d1\u65b0\u6642\u4ee3\u7684\u65b0\u9a45\u52d5\u529b\u300b\u7684\u5831\u544a\u4e2d\u6307\u51fa\uff0c\u9ec3\u91d1\u8207\u5be6\u969b\u5229\u7387\u4e4b\u9593\u7684\u95dc\u4fc2\u5df2\u7d93\u5f31\u5316\uff0c\u7a31\u5169\u8005\u4e4b\u9593\u7684\u76f8\u95dc\u6027\u57282022\u5e74\u5be6\u969b\u5229\u7387\u5927\u5e45\u98c6\u5347\u7684\u904e\u7a0b\u4e2d\u5df2\u7d93\u88ab\u6253\u7834\u548c\u5931\u6548\u4e86\uff0c\u4e26\u4e14\u6b64\u5f8c\u4e00\u76f4\u5c1a\u672a\u5f97\u4ee5\u91cd\u5efa\u3002<\/p>\n<p>\u53d6\u800c\u4ee3\u4e4b\u7684\u662f\uff0c\u65b0\u8208\u7d93\u6fdf\u9ad4\u7684\u53bb\u7f8e\u5143\u548c\u589e\u6301\u9ec3\u91d1\u6210\u70ba\u4e86\u9019\u4e00\u8cb4\u91d1\u5c6c\u6700\u91cd\u8981\u7684\u9a45\u52d5\u529b\u3002<\/p>\n<p>\u4e2d\u570b\u5f15\u9818\u4e86\u9019\u4e00\u8da8\u52e2\u3002\u4e2d\u570b\u4eba\u6c11\u9280\u884c\u5df2\u7d93\u6210\u70ba\u4e86\u5168\u7403\u7121\u53ef\u722d\u8b70\u7684\u8cfc\u91d1\u5148\u92d2\uff0c2022\u5e7411\u6708\u4ee5\u4f86\u5f9e\u800c\u4e2d\u65b7\u904e\u8cfc\u8cb7\u9ec3\u91d1\u3002\u6700\u65b0\u7684\u4fe1\u606f\u986f\u793a\uff0c\u4e2d\u570b\u4eba\u6c11\u9280\u884c\u57282023\u5e74\u8cfc\u5165\u4e86225\u5678\u9ec3\u91d1\uff0c\u5b98\u65b9\u9ec3\u91d1\u5132\u5099\u898f\u6a21\u622a\u81f3\u53bb\u5e7412\u6708\u5e95\u9054\u5230\u4e862235\u5678\uff0c\u5360\u4e2d\u570b\u5b98\u65b9\u5916\u532f\u5132\u5099\u76844.3%\u3002<\/p>\n<p>\u5f6d\u535a\u7684Mike McGlone\u6700\u8fd1\u5c31\u8868\u793a\uff0c\u9ec3\u91d1\u50f9\u683c\u4e4b\u6240\u4ee5\u7dad\u6301\u5805\u633a\uff0c\u6700\u91cd\u8981\u7684\u539f\u56e0\u662f\u9019\u500b\u5730\u7403\u4e0a\u6700\u6709\u9322\u7684\u91d1\u4e3b\u592e\u884c\u5011\u6b63\u5728\u5feb\u901f\u589e\u6301\u9ec3\u91d1\u3002<\/p>\n<p>\u8207\u6b64\u540c\u6642\uff0c2023\u5e74\u4e2d\u570b\u80a1\u5e02\u9023\u7e8c\u7b2c3\u5e74\u4e0b\u8dcc\u3002\u96d6\u7136\u653f\u5e9c\u64da\u5831\u6b63\u5728\u8003\u616e2\u842c\u5104\u5143\u7684\u6551\u5e02\u65b9\u6848\uff0c\u4f46\u8abf\u67e5\u986f\u793a\u4e2d\u570b\u5bb6\u5ead\u5c0d\u65bc\u80a1\u5e02\u4f9d\u7136\u7f3a\u4e4f\u4fe1\u5fc3\uff0c\u76f8\u53cd\u4eba\u6c11\u5e63\u8a08\u50f9\u7684\u9ec3\u91d1\u50f9\u683c\u57282023\u5e74\u5237\u65b0\u6b77\u53f2\u7d00\u9304\u3002\u6709\u9451\u65bc\u6b64\uff0c\u9ec3\u91d1\u50f9\u683c\u4eca\u5e74\u7684\u4e00\u5927\u4e0b\u884c\u58d3\u529b\u6709\u53ef\u80fd\u4f86\u81ea\u65bc\u4e2d\u570b\u7684\u98a8\u96aa\u504f\u597d\u4e0a\u5347\uff0c\u6bd4\u5982\u8aaa\u80a1\u5e02\u7684\u4e0a\u6f32\u3002<\/p>\n<p>\u4e0d\u904e\uff0c\u8499\u7279\u5229\u723e\u9280\u884c\uff08BMO\uff09\u548cHamilton\u5747\u9810\u6e2c\u592e\u884c\u548c\u5bb6\u5ead\u7684\u6295\u8cc7\u5c07\u662f\u4e00\u500b\u6301\u7e8c\u591a\u5e74\u7684\u6295\u8cc7\u4e3b\u984c\u3002\u7a76\u5176\u539f\u56e0\uff0c\u9ec3\u91d1\u4e0d\u518d\u50c5\u50c5\u662f\u4e0d\u78ba\u5b9a\u6027\u6642\u671f\u7684\u907f\u96aa\u8cc7\u7522\uff0c\u540c\u6642\u4e5f\u662f\u5168\u7403\u7d93\u6fdf\u65e5\u76ca\u5272\u88c2\u5927\u80cc\u666f\u4e0b\u7684\u6230\u7565\u6027\u8cc7\u7522\u3002<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u7f8e\u570b\u7d93\u6fdf\u73fe\u5728\u7684\u7279\u5fb5\u662f\u589e\u9577\u5f37\u52c1\u4e14\u9ad8\u5229\u7387\uff0c\u540c\u6642\u7f8e\u570b\u80a1\u5e02\u983b\u983b\u5275\u65b0\u9ad8\u3002\u4f46\u9055\u53cd\u76f4\u89ba\u7684\u662f\uff0c\u5f88\u591a\u6a5f\u69cb\u7d1b\u7d1b\u770b\u6f32\u9ec3\u91d1\uff0c\u800c\u5b83\u5011\u7684\u4f9d [&hellip;]<\/p>\n","protected":false},"author":27,"featured_media":469929,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[1522,431],"tags":[801,2165,670,561],"class_list":["post-485305","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-1522","category-trends-strategies-zh-hant","tag-801","tag--zh-hant","tag-670","tag-561","sectors-gold-zh-hant","locations-china-zh-hant","locations-us-zh-hant"],"acf":[],"_links":{"self":[{"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/posts\/485305","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/users\/27"}],"replies":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/comments?post=485305"}],"version-history":[{"count":0,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/posts\/485305\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/media\/469929"}],"wp:attachment":[{"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/media?parent=485305"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/categories?post=485305"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/tags?post=485305"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}