<p><img src="https://imageproxy.pbkrs.com/https://cdn.pixabay.com/photo/2013/07/18/10/56/gold-163519_960_720.jpg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://cdn.pixabay.com/photo/2013/07/18/10/56/gold-163519_960_720.jpg"/></p>
<p><em>圖片來源：Pixabay</em></p>
<p>今天金融系統的頭條新聞是黃金再次飆升。</p>
<p>當前黃金的牛市始於 2024 年初，當時這種貴金屬突破了多年的整合模式，向上突破。</p>
<p><img src="https://imageproxy.pbkrs.com/https://43s.159.myftpupload.com/wp-content/uploads/2025/11/GPC1111251.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://43s.159.myftpupload.com/wp-content/uploads/2025/11/GPC1111251.png"/></p>
<p>值得注意的是，這是一種_全球_現象，黃金在當時對美元、歐元、日本日元和瑞士法郎的匯率都呈現出垂直上漲。</p>
<p><img src="https://imageproxy.pbkrs.com/https://43s.159.myftpupload.com/wp-content/uploads/2025/11/GPC1111252-422x1024.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://43s.159.myftpupload.com/wp-content/uploads/2025/11/GPC1111252-422x1024.png"/></p>
<p>2024 年初發生了什麼？</p>
<p>全球央行集體發出信號，表示將推出新一輪貨幣寬鬆。而由於金融系統從疫情期間印刷的鉅額貨幣中（美國在疫情期間印刷了 40% 的所有貨幣）從未完全恢復，這表明央行選擇通過人為降低利率和印刷貨幣來 “通脹化” 世界的債務。</p>
<p>簡單來説，2024 年是金融系統開始從紙幣/法定資產向實物資產發生重大轉變的一年。</p>
<p>自那時以來，以美元計價的黃金價格呈拋物線式上漲，從每盎司 2000 美元漲至超過 4400 美元。顯然，在投資中，沒有什麼是直線上升或直線下降的。在經歷了這樣的上漲後，黃金是時候喘口氣了。</p>
<p>然而，令人驚訝的是，這次喘息的時間似乎非常短。正如大衞·塞萬提斯所指出的，自 2006 年開始的長期牛市以來，黃金的平均修正期持續了三個月。</p>
<p>但這次似乎不是這樣……</p>
<p>昨天黃金大幅上漲，衝擊每盎司 4100 美元的阻力位。如果這種貴金屬能夠堅定地突破該水平，這將是一個重大信號，表明低點已經到來，黃金將達到新高。</p>
<p><img src="https://imageproxy.pbkrs.com/https://43s.159.myftpupload.com/wp-content/uploads/2025/11/GPC1111253.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://43s.159.myftpupload.com/wp-content/uploads/2025/11/GPC1111253.png"/></p>
<p>雖然黃金未來可能表現良好，但最大的機會將出現在貴金屬礦業公司。我説的是三位數甚至四位數的收益。</p>
<hr/>
<p><em>更多來自此作者的文章：</em></p>
<p>這一切將釋放出新一輪的通貨膨脹</p>
<p>這是今天投資者的頭號問題</p>
<p>血腥屠殺已經到來</p>

BULL

<p>黃金正經歷顯著的牛市，自 2024 年初以來，價格從每盎司 2000 美元上漲至超過 4400 美元，這一趨勢受到全球中央銀行貨幣寬鬆政策的推動。從法定貨幣轉向硬資產的變化表明黃金可能會迎來新的高點，特別是如果其突破每盎司 4100 美元的話。最好的投資機會可能在於貴金屬礦業公司，這可能帶來可觀的收益</p>

<p><img src="https://imageproxy.pbkrs.com/https://cdn.pixabay.com/photo/2013/07/18/10/56/gold-163519_960_720.jpg" alt="" original-src="https://cdn.pixabay.com/photo/2013/07/18/10/56/gold-163519_960_720.jpg"/></p>
<p><em>Image Source: Pixabay</em></p>
<div class="lb-trans"><p><em>圖片來源：Pixabay</em></p>
</div><p>The #1 story for the financial system today is the fact that gold is soaring again.</p>
<div class="lb-trans"><p>今天金融系統的頭條新聞是黃金再次飆升。</p>
</div><p>The current bull run in gold started in early 2024 when the precious metal broke out of a multi-year consolidation pattern to the upside.</p>
<div class="lb-trans"><p>當前黃金的牛市始於 2024 年初，當時這種貴金屬突破了多年的整合模式，向上突破。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://43s.159.myftpupload.com/wp-content/uploads/2025/11/GPC1111251.png" alt="" original-src="https://43s.159.myftpupload.com/wp-content/uploads/2025/11/GPC1111251.png"/></p>
<p>It’s important to note that this was a <em>global</em> phenomenon, with gold going vertical against the $USD, the Euro, Japan’s Yen, and the Swiss France at that time.</p>
<div class="lb-trans"><p>值得注意的是，這是一種_全球_現象，黃金在當時對美元、歐元、日本日元和瑞士法郎的匯率都呈現出垂直上漲。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://43s.159.myftpupload.com/wp-content/uploads/2025/11/GPC1111252-422x1024.png" alt="" original-src="https://43s.159.myftpupload.com/wp-content/uploads/2025/11/GPC1111252-422x1024.png"/></p>
<p>What happened in early 2024?</p>
<div class="lb-trans"><p>2024 年初發生了什麼？</p>
</div><p>Collectively, global central banks signaled that they were introducing another round of monetary easing. And since the financial system had never fully recovered from the obscene amount of money printing that had taken place during the pandemic (40% of all the money ever printed in the U.S. was printed during the pandemic), this was a signal that central banks were opting to “inflate away” the world’s debts by devaluing their currencies via artificially low interest rates and money printing.</p>
<div class="lb-trans"><p>全球央行集體發出信號，表示將推出新一輪貨幣寬鬆。而由於金融系統從疫情期間印刷的鉅額貨幣中（美國在疫情期間印刷了 40% 的所有貨幣）從未完全恢復，這表明央行選擇通過人為降低利率和印刷貨幣來 “通脹化” 世界的債務。</p>
</div><p>Put simply, 2024 was the year that the financial system began a tectonic shift from paper/fiat assets to hard assets.</p>
<div class="lb-trans"><p>簡單來説，2024 年是金融系統開始從紙幣/法定資產向實物資產發生重大轉變的一年。</p>
</div><p>Since that time, gold, priced in U.S. dollars, has gone parabolic, rising from $2,000 per ounce to over $4,400 per ounce. Obviously, in investing, nothing goes straight up or straight down. And after a run like this, gold was due for a breather.</p>
<div class="lb-trans"><p>自那時以來，以美元計價的黃金價格呈拋物線式上漲，從每盎司 2000 美元漲至超過 4400 美元。顯然，在投資中，沒有什麼是直線上升或直線下降的。在經歷了這樣的上漲後，黃金是時候喘口氣了。</p>
</div><p>What’s striking however, is how short this breather is proving to be. As David Cervantes has noted, gold’s average correction has lasted three months since the secular bull market began in 2006.</p>
<div class="lb-trans"><p>然而，令人驚訝的是，這次喘息的時間似乎非常短。正如大衞·塞萬提斯所指出的，自 2006 年開始的長期牛市以來，黃金的平均修正期持續了三個月。</p>
</div><p>Not this time it appears…</p>
<div class="lb-trans"><p>但這次似乎不是這樣……</p>
</div><p>Gold exploded higher yesterday, rallying into overhead resistance at $4,100 per ounce. If the precious metal can break above that level with conviction, it is a MAJOR signal that THE LOWS are in, and gold is going to new highs.</p>
<div class="lb-trans"><p>昨天黃金大幅上漲，衝擊每盎司 4100 美元的阻力位。如果這種貴金屬能夠堅定地突破該水平，這將是一個重大信號，表明低點已經到來，黃金將達到新高。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://43s.159.myftpupload.com/wp-content/uploads/2025/11/GPC1111253.png" alt="" original-src="https://43s.159.myftpupload.com/wp-content/uploads/2025/11/GPC1111253.png"/></p>
<p>And while gold will likely do very well going forward, the biggest opportunities will occur in precious metals miners. I’m talking about triple if not QUADRUPLE digit gains.</p>
<div class="lb-trans"><p>雖然黃金未來可能表現良好，但最大的機會將出現在貴金屬礦業公司。我説的是三位數甚至四位數的收益。</p>
</div><hr/>
<div class="lb-trans"><hr/>
</div><p><em>More By This Author:</em></p>
<div class="lb-trans"><p><em>更多來自此作者的文章：</em></p>
</div><p>All Of This Is Going To Unleash Another Round Of Inflation</p>
<div class="lb-trans"><p>這一切將釋放出新一輪的通貨膨脹</p>
</div><p>This Is The No. 1 Question For Investors Today</p>
<div class="lb-trans"><p>這是今天投資者的頭號問題</p>
</div><p>The Bloodbath Has Arrived</p>
<div class="lb-trans"><p>血腥屠殺已經到來</p>
</div>

黃金的低點已經出現……下一輪上漲即將開始