黄金暴涨,它的顶在哪里?

资本市场那些事儿
Oct 17

一、黄金最近10年收益风险比极高“黄金暴涨,现在还能追吗?它的顶在哪里?是1000美元还是10000美元?黄金应该是最近几年最热的投资品种,我们以黄金ETF为例,最近10年ETF只有两年下跌。年最大跌幅只有-7%,今年黄金上涨45%。对于股票、债券这种有未来现金流的资产而言,我们直接用未来现金流折现方法,虽然对未来现金流的估算极其不准确,但是好歹是有个方法和框架可以去解决。但是对于黄金这种没有未来...

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