Gold mania sweeps financial markets

http://www.nma.tv/ A modern day gold rush is sweeping financial markets. Gold is up more than 30% this year and has reached record highs. In fact, as of this writing (October 13, 2010), the intraday gold price is up 1.5% at US$1,366 per ounce. Gold mania is so widespread that a German company plans to introduce an ATM to dispense gold coins to investors. In addition, gold coins have long been a favorite among television talk show hosts, who pitch them as safe-harbor investments against impending economic and financial collapse. But critics say these coins are poor investments -- they are sold at huge mark-ups to melt value. They say exchange traded funds such as GLD offer better ways to invest in gold. 黃金熱潮掃遍市場 國際金價每盎司已衝破1300美元，今年以來漲幅超過3成。市場擔憂聯準會再度祭出貨幣寬鬆政策，熱錢會導致金價不斷飆升，因為政府不斷釋出貨幣，資金到處流竄，黃金等商品價格也越容易被炒高。隨著黃金熱潮越來越發燒，德國有一家公司計劃用提款機來銷售金幣。由於電視名嘴都愛投資黃金， 也受黃金廠商贊助，他們常宣稱世界經濟可能走向末日，說美國政府在毀滅經濟，說貨幣現鈔將會失去價值。但是反對者說金幣販賣商以高價賣出，是黃金市價的2倍。有人說，聰明的黃金投資不是透過金幣，而是透過交易所買賣基金，可以密切關注黃金的趨勢。對沖基金也已帶來上億美金的投資。