obtain gold by washing it from sand and gravel(shā lǐ táo jīn)

How to invest in gold

The synonym "gold in the sand" (personal finance book) generally refers to gold in the sand: how to invest in gold. "Gold in the sand: how to invest in gold" briefly introduces the basic problems of the world gold market, such as the determination and influencing factors of gold price, the characteristics of gold investment, investment skills, investment varieties, and matters needing attention in the investment process. Now the public is familiar with the saying that "you don't manage money, money doesn't care about you". Therefore, when gold goes to the public and opens a new window for public investors, investors can't ignore and miss opportunities. In order to understand gold, Chapter 1 focuses on the characteristics, uses and investment significance of gold. Chapter 2 introduces the varieties of gold investment and the world gold market. Chapter 3 is the preparation for gold investment, which introduces the preparation for gold investment and how to prepare. Chapter 4 is the actual operation. First, it explains what investment methods are available, and then introduces in detail how to invest in physical bullion, how to trade in paper gold, and how to excavate the information and policy changes that affect gold investment. Chapter 5 is risk control, which introduces the precautions of gold investment, especially how to control the risk of paper gold investment. "Gold in the sand: how to invest in gold" is aimed at the general investment public. Because gold has been far away from the public for a long time, the public is unfamiliar with all aspects of it. Through the reading of "gold in the sand: how to invest in gold", the public has a specific understanding of the basic knowledge of gold, a basic grasp of the operation methods and skills of gold investment, a further clear idea of risk control, and a significant improvement in the skills of gold investment.

content validity

"Gold in sand: how to invest in gold" gives a brief introduction to the characteristics, uses, significance of gold investment and the situation of the world gold market. It also focuses on the determination and influencing factors of gold price, the characteristics of gold investment, the types of investment, the skills of investment and the matters needing attention in the process of investment.

Book catalogue

General order

preface

Chapter 1 understanding gold

Shining gold

Characteristics of gold

Origin of gold

The use of gold

The material basis of the development of human civilization

Used as international reserves

Used as jewelry decoration

Application in industry, science and technology

For investment needs

Gold as currency

Gold standard

Gold standard

Gold exchange standard

The status of gold in the Bretton Woods system

The breakdown of the Bretton Woods system

The period of gold's non monetization

The investment value of gold

The prospect of investment in gold

Advantages of investing in gold

Comparison of gold and other financial products

Chapter 2 gold investment varieties and world gold market

Physical gold

Standard gold bar

Gold coins

Gold jewelry

Natural gold nugget

Paper gold

Gold on paper

International paper gold

Domestic paper gold

god Derivatives

gold futures

options on gold

World gold market

Types of international gold market

Major international gold markets

China's gold market

Events in China's gold market

Price determination of gold

Participants in international gold market

Factors affecting gold price

The prices of the major gold markets interact with each other

Chapter 3 gold investment preparation

Preparation for gold investment

Basic preparation

Goal preparation

Combination preparation

Information preparation

Risk preparation

Gold investment skills

Fundamental analysis

technical analysis

Are you ready

What kind of gold investor are you

Do you know yourself

Mock Negotiation

Chapter 4 actual operation

Choose investment mode

Investment bullion

Investment gold coin

Buy gold jewelry

Gold management account

Paper gold

Gold futures and options

Investment in physical gold bars: a case study of gosselkin

Investment characteristics of gossel gold bars

Gold bar trading rules of gossel

Packing and storage of gaussel gold bar

Gold bar trading outlets of gossel

Paper gold trading

transaction mode

Analysis on the price trend of paper gold

Online observation of the price of paper gold website

Paper gold trading business of some commercial banks in China

Brief introduction of gold trading in individual account of "gold expert" of industrial and Commercial Bank of China

China Construction Bank "account gold" transaction

Terminology of gold investment

Pay close attention to policy and market information

Pay attention to the collection of gold investment information

Mining investment information in newspapers and periodicals

How to understand and grasp the quotation of media

Chapter 5 risk control

Gold investment considerations

Risk control of paper gold operation

Appendix: introduction to London gold and its specific trading rules

reference

abstract

Chapter 1 understanding gold

Used as international reserves

This is determined by the monetary commodity attribute of gold. Due to the excellent characteristics of gold, gold has been used as currency in history, such as value scale, means of circulation, means of storage, means of payment and world currency. With the development of social economy, gold has withdrawn from circulation. Since the 1970s, after the decoupling of gold from the US dollar, the monetary function of gold has weakened, but it still maintains a certain monetary function. At present, many countries, especially the major western countries, still hold an important position in their international reserves.

Even in the most heated period of gold non monetization, because of its high intrinsic value, gold, as a symbol of general wealth, still occupies a place in international reserves. In the 1940s, the total gold reserves of the five major developed countries (Belgium, France, Federal Republic of Germany, Italy and the Netherlands) were almost equal to those of the developing countries. By the end of the 1960s, although the international reserves of developed and developing countries had increased, the growth of gold reserves of the five developed countries accounted for 2 / 3 of the growth of international reserves. Therefore, the gold reserves in their international reserves also accounted for 2 / 3, forming a sharp contrast with the situation of developing countries. At that time, the gold reserves of developing countries accounted for less than 1 / 5 of their international reserves, and the growth of gold reserves accounted for less than 10%. Throughout the 1990s, developed countries had sufficient gold reserves, so their international reserves increased by US $437 billion simply because of the sharp rise in the price of gold. Developing countries only account for 6% of the world's gold reserves.

preface

In 2008, China's reform and opening up has gone through 30 years.

Thirty years ago, the Chinese people were trapped in low income and lack of materials. Those household appliances, such as color TV sets and refrigerators, which are common to ordinary families in developed countries, are still far away Dreams for Chinese people, and private cars and private houses are even more unthinkable. As for financial management, most people have never heard of it. Yes, I earn dozens of yuan a month. I can barely make a living. At most, I save the poor money from my teeth into the bank. What's the money to manage!

In 1985, when meeting with Vice President mwini of Tanzania, Comrade Deng Xiaoping said: "poverty is not socialism. Socialism should eradicate poverty." In the 30 years of reform and opening up, China is realizing Comrade Xiaoping's wish: the country's wealth is growing rapidly, and its total economic volume has ranked fourth in the world, and will soon surpass Germany and Japan; its foreign exchange reserves are more than US $1.6 trillion, ranking first in the world; the Chinese people's pockets are also bulging, and not only color TV sets, refrigerators and other household appliances have already entered ordinary people's homes, but also have become popular Private cars and houses have become common in China.

In the 21st century, it is no wonder that ordinary Chinese families have tens of thousands, hundreds of thousands or even millions of yuan or more in savings. Financial management is becoming an urgent need of more and more people, and the leaders of the party and the state are also very concerned about it. In the report of the 17th CPC National Congress, General Secretary Hu Jintao specially proposed to "create conditions for more people to have property income".

Over the years, there is a very popular slogan: "you don't manage money, money ignores you." If we look back on the recent years, it is true. Here's an example:

In April 2003, the price of gold in the world was less than 350 US dollars per ounce. Since then, the price of gold has been rising all the way. In 2008, the price of gold was already around $1000 an ounce.

Chinese PinYin : shā lǐ táo jīn