Ye Wenxi: The depreciation of the renminbi is a good opportunity for investment

The depreciation of the Chinese yuan has an impact ongoldThe role of the silver market can be analyzed from two aspects: firstly, the depreciation of the renminbi leads to some people purchasing gold, silver, and silver to maintain their value and avoid risks;The second reason is that the depreciation of the renminbi has increased the US dollar and reduced the pressure on inflation in the United States, thereby reducing the possibility of the Federal Reserve raising interest rates. Follow Ye Wenxi's official account and guide WeChatywx5252.
　　
The meaning of a decrease in the exchange rate of the Chinese yuan is a decrease in the exchange rate of the Chinese yuan against the US dollar, and a decrease in the Chinese yuan means a depreciation of the Chinese yuan. The depreciation of the RMB exchange rate is quite volatile in terms of gold and silver, which generally leads to an increase in the price of gold and silver.
　　
Of course, from another perspective, if gold and silver are used as a currency, the impact of RMB depreciation will become positive. The depreciation of the renminbi has caused turbulence in the international market, while the expectation of the Federal Reserve raising interest rates has been affected. The future trend of the US dollar is also worrying, which has greatly boosted the gold and silver negatively correlated with the US dollar.
　　
The response of gold and silver to the depreciation of the Chinese yuan can be explained by the fact that in the current gold and silver market, the supply and demand relationship in the physical market, or the impact of the gold and silver market as a bulk trading commodity, is smaller than that of the gold and silver market as a currency or investment product. Of course, factors such as the Federal Reserve's interest rate hike and the strengthening of the US dollar remain the biggest factors affecting the significant decline in gold and silver prices.
　　
Furthermore, China is the world's second-largest demander of gold and silver. The depreciation of the renminbi will stimulate the demand for gold and silver among the Chinese people, reflecting their appreciation and preservation characteristics, thereby raising the price of gold and silver. causeforeign exchangeIt will flow out of China, and once it happens, there will be corresponding fluctuations in the Chinese economy, and investors will also develop a risk aversion, which will promote buying of gold and silver, and the price of gold and silver will rise accordingly.
　　
The impact on the supply of gold and silver: From the perspective of China's physical investment demand, the depreciation of the renminbi will lead to a relative shrinkage of cash for individual investors, stimulating the awareness of investment and wealth management among Chinese people. Gold and silver will become the preferred objects in the asset allocation list. Therefore, the depreciation of the renminbi will not only have no impact on the supply of gold and silver, but in the medium and short term, it will also be beneficial for speculation in gold and silver.
　　
In fact, there are increasingly more and more data indicating that Chinese investors are constantly influencing the entire gold and silver market,6month28The international gold price was triggered by investors locking in profits and fleeing, howeverMKSGroupThe trader said, "So far, the main selling has been in China. Chinese investors have been selling all the way as gold prices rise, especially when gold prices break through."1,300At the time of the US dollar. "We continue to see their significant sales,"
　　
Another example is the sharp fall of gold price on the National Day. Although there are many explanations for the market slump, Ye Wenxi, the author's official account, believes that the real reason for the sharp fall is actually very simple, that is, China's holiday. In the past few years, whenever China's National Day holiday, gold and silver have experienced a sharp rise and fall. The Chinese market is closed, which means that the gold and silver market is easily manipulated. To be precise, billions of dollars of leveraged funds can crush the market.
　　
　　The depreciation of the RMB will lead to an increase in the price of gold and silver. Due to the predictable significant fluctuations in gold and silver, and the two-way trading of gold and silver through speculation, the depreciation of the RMB is undoubtedly a good investment opportunity.