David_strategy

David_strategy Updated 

I believe all investors have understood that the Fed will cut interest rates this week. The probability of a rate cut has reached an astonishing 80%. This news means that inflation is inevitable, which means that the US dollar may depreciate again. On the other hand, gold will usher in a new breakthrough. In addition, the non-farm payrolls report will become the...

David_strategy Updated 

I believe everyone knows that when the dollar rises, gold falls. But this year, an abnormal thing happened. Both the dollar and gold rose. Many people thought it was due to inflation, war, and geopolitical influences. In fact, everyone overlooked an important detail, which is "U.S. debt". In 2017, the U.S. national debt was about 20 trillion U.S. dollars. By the...

David_strategy Updated 

Gold prices rose to around $2,425 an ounce as tensions in the Middle East stimulated safe-haven buying. Previously, spot gold rose sharply by US$27.09, or 1.14%. The Public Relations Department of Iran's Islamic Revolutionary Guard Corps announced in a statement on July 31 that Hamas Politburo leader Ismail Haniyeh and a bodyguard were attacked and killed in...

David_strategy Updated 

Market performance Freight rates rose in March and calmed down in May. In June, freight rates from the Middle East to China fell by 0.5 yuan month-on-month. July was also sluggish. At the same time, the gross profit margin of refining fell by 10-30% year-on-year, affecting the enthusiasm of refineries to purchase crude oil. Market risk analysis The US election...