(单词翻译:单击)
So you are drawing quite a bleak picture, you've talked about the deflationary environment. Is there anything that's safe? Any assets?
所以你是在描绘黯淡的景象,你一直在谈论通货紧缩的环境。什么是安全的?任何资产?
This is a period of great uncertainty, so nothing is very safe.
这是一段伟大的不确定性,所以什么都是不安全的。
Gold?
黄金呢?
Well, gold is the only actual bull market currently, just made a new high, uh, I think yesterday. And the present circum-stances that may continue. It will be very interesting to see whether there will be a decline in the next few weeks because practically everything that makes a new high almost immediately afterwards reverses and disappoints the bulls. That's ...
嗯,只有黄金是目前实际上的牛市,而且刚达到一个新的高度,嗯,这是我昨天的看法。而今天我的想法依旧是这样。在接下来的几周里看看是否会下降将会是非常有趣的,因为任何新高之后几乎会马上反弹。那是…
For psychological reasons, you think?
你认为心理的原因呢?
No, I think it's the current situation, uh, so it will be interesting to see. But I called the gold the ultimate bubble, which means that it may be going higher but it's certainly not safe and it's not going to last forever.
不,我认为的是现状,呃,看看也将是很有趣的,不知道。但我称黄金为最终泡沫,这意味着它可能会更高,但它绝不是安全的,它也不会持续到永远。
