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Sometimes, a moment can announce the end of an age. The gold market is like that. Within two transaction days, the gold slumped by 13%and saw a 25%tumble from the high point in August 2011. According to the classic investment theory, a 20%-above decline means the shift from“a bull”to“a bear”market. The super bear market of gold has lasted a dozen years. But the bull-to-bear shift was completed within only 20 minutes. Wall Street’s analysts and ordinary Chinese people had different understandings to the golden age. Expecting a bear market, Wall Street continuously dumped gold, resulting in a diving of gold price. Seeing the benefits, leisure Chinese madams made a gold rush, causing a slight bounce of gold price. On April 23, renowned investment bank Goldman Sachs suspended the short sale. So,“Chinese aunts”beating back Wall Street’s analysts became the hottest topic online for the time being. What are the decisive factors for the crash of gold price? Will the gold market complete a real bull-to-bear shift? Will the golden age of gold be farther or nearer?