10/6 cnbc- BOJ cuts rates / Gold Is Not The Next Disaster

 

미안한 소리지만 4분정도에 미국 아나운서가 일본 관계자 (BOJ) 한테

일본한테 남은 munition(총알,무기) 남아있는거 있냐 이렇게 물어보면 어떻게 알아들음?

option 으로 진작에 바꿔 말할 것이지 ㅋ

BOJ 여자 선방했다. 네덜란드전 김병지 같았다. 10:0 되는건데 5:0으로 막은거다

그리고 munition 은 정말 베르캄프 슛이었다. 못 막는게 당연

 

 

The Nikkei average turned positive and surged 1.5% after the BOJ unexpectedly cut interest rates and pledged to keep rates at zero until prices are seen stable

 

 

 

The Bank of Japan surprised markets by effectively reverting to zero interest rates to battle a strong yen.

 

* revert

revert to the original topic of conversation
본래의 화제로 되돌아가다
The region has reverted to a wilderness.

그 지방은 본래의 황야로 되돌아갔다.

When people or things revert to a previous state, system, or type of behaviour, they go back to it.

 

 

But investors remained cautious ahead of corporate earnings season and the government's monthly jobs report, due out Friday.

 

remain cautious

예의주시하고있는중

 

 

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Gold Is Not The Next Disaster

-a long-term viewpoint will be rewarded.

 

 

http://www.cnbc.com/id/39499488

 

With gold hitting all-time highs, talk about a gold bubble

grows increasingly louder.

The skeptics say that this commodity cannot go higher and a crash is inevitable. Abandon this tangible asset before it's too late, they cry.

 

 

 

skeptic 회의론자

I disagree.

For all practical purposes, gold is no longer a commodity.

 

Instead, it is portfolio insurance in age of unprecedented anxiety and uncertainty. Gold is at a high price because high anxiety reigns. While some believe the good old days of calm are just around the corner, I believe this is not the case. The global economy is at an inflection point and as economic strength shifts to emerging markets, turmoil will continue.

 

*

unprecedented
The situation is unprecedented in modern times.
그런 상황은 현대에 들어서는 전례가 없는 일이다.

 

 

Gold provides a hedge as the world changes.

One seldom discussed reality is that for many investors, gold is no longer just a commodity but now an alternative currency.

 

 

 

With concern about record deficits for the United States and Europe, central banks around the world are stockpiling gold as an alternative to paper money backed by fragile economies.

 

 

Gold stockpiles are now an important part of many countries currency reserves and this will surely continue if deficits remain high in developed economies. Demand is present for gold reserves.

 

 

It used to be that conservative companies like Berkshire Hathaway [BRK.A  124203.0    1003.00  (+0.81%)   ] and General Electric [GE  16.4393    0.3393  (+2.11%)   ] were the type of safe investment that investors flocked to in times of uncertainty. While these assets (and all blue chip stocks) have merits, the relative safety of all equity assets has been called into question over the last two years. Economic and structural headwinds significantly impact corporations and this will not change for the foreseeable future.

 

 

I am not saying to give up on equity assets and fixed income positions.

Depending on your circumstances, these assets might make sense as you build a strategic allocation for the coming years. And it's important to have a commodity layer in your portfolio strategy as emerging market appetite continues to grow. Energy, industrial metals, food products, and other consumable assets all have a place in most investor's portfolio strategy. And look at gold as well.

 

 

Could gold fall in price?

Of course.

 

 

Any asset that has had the kind of run that

gold has had could easily be hit with a correction.

 

 

Profits are not a straight line up and you would be wise to average into this asset with a long term view. Recognize that short-term speculation on precious metals is fraught with risk. Look at this asset as a long-term balancing asset for your strategy.

 

 

Don't be tricked into believing, despite marketing campaigns and flashy advertisements, into believing gold is an automatic short-term profitable investment.

 

 

There is no automatic investment that will guarantee returns including gold.

Still, I believe that if one is patient, a long-term viewpoint will be rewarded.

 

 

Be just like central banks around the world and hedge your portfolio with a hard asset that has a lasting value.

 

 

Balance your portfolio.

Consider gold as a strategic part of your investment plan.