{"id":1004,"date":"2025-04-29T22:17:19","date_gmt":"2025-04-29T14:17:19","guid":{"rendered":"https:\/\/www.db-hk.com\/?p=1004"},"modified":"2025-04-29T22:17:19","modified_gmt":"2025-04-29T14:17:19","slug":"%e7%9f%a5%e5%90%8d%e9%bb%84%e9%87%91%e7%89%9bpeter-schiff%e6%9c%80%e6%96%b0%e8%ae%bf%e8%b0%88%ef%bc%9a%e3%80%8c%e6%af%94%e7%89%b9%e5%b8%81%e5%af%b9%e6%af%94%e9%bb%84%e9%87%91%e5%b7%b2%e4%bc%98","status":"publish","type":"post","link":"http:\/\/www.fubairui.net\/?p=1004","title":{"rendered":"\u77e5\u540d\u9ec4\u91d1\u725bPeter Schiff\u6700\u65b0\u8bbf\u8c08\uff1a\u300c\u6bd4\u7279\u5e01\u5bf9\u6bd4\u9ec4\u91d1\u5df2\u4f18\u52bf\u4e0d\u518d\u300d"},"content":{"rendered":"
\u7f16\u8005\u6309\uff1a\u8fd9\u4e00\u671f\u64ad\u5ba2\u56f4\u7ed5 Peter Schiff \u5bf9\u6bd4\u7279\u5e01\u7684\u770b\u6cd5\u5c55\u5f00\u8ba8\u8bba\u3002Schiff \u662f\u77e5\u540d\u7684\u9ec4\u91d1\u652f\u6301\u8005\uff0c\u591a\u5e74\u6765\u4e00\u76f4\u8ba4\u4e3a\u9ec4\u91d1\u624d\u662f\u771f\u6b63\u7684\u8d27\u5e01\uff0c\u800c\u6bd4\u7279\u5e01\u5e76\u4e0d\u5177\u5907\u8fd9\u79cd\u5c5e\u6027\u3002\u6bd4\u7279\u5e01\u7684\u6d41\u884c\u662f\u56e0\u4e3a\u5b83\u4f5c\u4e3a\u4e00\u79cd\u65b0\u5174\u6280\u672f\u5438\u5f15\u4e86\u6295\u8d44\u8005\uff0c\u4f46\u5b83\u7684\u4ef7\u503c\u6ca1\u6709\u771f\u6b63\u7684\u57fa\u7840\uff0c\u6700\u7ec8\u53ef\u80fd\u4f1a\u88ab\u66ff\u4ee3\u3002\u867d\u7136\u52a0\u5bc6\u8d27\u5e01\u5728\u67d0\u4e9b\u65b9\u9762\u53ef\u80fd\u4f18\u4e8e\u9ec4\u91d1\uff0c\u4f46\u5b83\u4e0d\u5e94\u88ab\u89c6\u4e3a\u771f\u6b63\u7684\u8d27\u5e01\u3002\u4f46\u540c\u65f6\uff0cSchiff \u5f3a\u8c03\u6bd4\u7279\u5e01\u4e0d\u5e94\u8be5\u53d7\u5230\u4e25\u683c\u7684\u653f\u5e9c\u76d1\u7ba1\uff0c\u56e0\u4e3a\u4ed6\u8ba4\u4e3a\u4e2a\u4eba\u6709\u6743\u4f7f\u7528\u81ea\u5df1\u7684\u8d44\u91d1\uff0c\u54ea\u6015\u662f\u5192\u9669\u6027\u6295\u8d44\u3002<\/p>\n
\u5728\u8fd9\u671f\u64ad\u5ba2\u4e2d\uff0c\u4e3b\u8981\u63a2\u8ba8\u4e86\u4ee5\u4e0b\u51e0\u4e2a\u6838\u5fc3\u95ee\u9898\uff1a<\/p>\n
TL;DR<\/strong><\/p>\n \u4ee5\u4e0b\u4e3a\u5bf9\u8bdd\u539f\u6587\uff08\u4e3a\u4fbf\u4e8e\u9605\u8bfb\u7406\u89e3\uff0c\u539f\u5185\u5bb9\u6709\u6240\u5220\u51cf\u548c\u6574\u7f16\uff09\uff1a<\/p>\n Ryan<\/strong>\uff1a\u4eca\u5929\u6211\u4eec\u4e0d\u662f\u5728\u63a2\u7d22\u524d\u6cbf\uff0c\u800c\u662f\u56de\u5230\u9ec4\u91d1\u7684\u4e16\u754c\u3002Bankless \u8bf7\u5230\u4e86 Peter Schiff \u4f5c\u4e3a\u5609\u5bbe\uff0c\u4ed6\u5728\u52a0\u5bc6\u884c\u4e1a\u88ab\u6076\u641e\u6210\u4e00\u4e2a\u6c38\u8fdc\u5bf9\u6bd4\u7279\u5e01\u770b\u7a7a\u7684\u4eba\u3002<\/p>\n David<\/strong>\uff1aPeter \u4ed6\u5bf9\u9ec4\u91d1\u7684\u70ed\u7231\u7a0b\u5ea6\u53ef\u80fd\u6bd4 Michael Saylor \u5bf9\u6bd4\u7279\u5e01\u7684\u70ed\u7231\u8fd8\u8981\u5f3a\u3002<\/p>\n Ryan<\/strong>\uff1aPeter \u662f\u4e00\u4f4d\u91d1\u878d\u8bc4\u8bba\u5458\u548c\u7ecf\u6d4e\u5b66\u5bb6\uff0c\u5bf9\u8bb8\u591a\u4e8b\u60c5\u90fd\u6709\u76f4\u8a00\u4e0d\u8bb3\u7684\u89c2\u70b9\uff0c\u6bd4\u5982\u5168\u7403\u7ecf\u6d4e\u3001\u91d1\u878d\u5e02\u573a\u3001\u653f\u5e9c\u653f\u7b56\u7684\u7f3a\u9677\uff0c\u4ee5\u53ca\u6cd5\u5e01\u4f53\u7cfb\u7684\u4e0d\u8db3\u7b49\u3002\u4e0d\u8fc7\uff0cPeter \u575a\u51b3\u770b\u6da8\u9ec4\u91d1\uff0c\u4ed6\u5bf9\u52a0\u5bc6\u8d27\u5e01\u6301\u6000\u7591\u6001\u5ea6\u3002\u6211\u4eec\u548c Peter Schiff \u6709\u4e00\u4e9b\u5171\u8bc6\uff0c\u6bd4\u5982\u786c\u901a\u8d27\u7684\u4ef7\u503c\u3001\u6cd5\u5e01\u7684\u8d2c\u503c\u7b49\u95ee\u9898\uff0c\u4f46\u6211\u4eec\u5728\u6bd4\u7279\u5e01\u548c\u52a0\u5bc6\u8d27\u5e01\u7684\u7acb\u573a\u4e0a\u5206\u6b67\u5f88\u5927\u3002<\/p>\n \u6211\u4eec\u804a\u5230\u6bd4\u7279\u5e01\u548c\u9ec4\u91d1\u7684\u5bf9\u6bd4\uff0c\u4f46\u4e5f\u6d89\u53ca\u5230\u4e86\u4ed6\u5bf9\u7f8e\u56fd\u8d22\u653f\u653f\u7b56\u7684\u770b\u6cd5\uff0c\u6bd4\u5982\u662f\u5426\u5e94\u8be5\u5e9f\u9664\u7f8e\u8054\u50a8\uff0c\u5982\u679c Schiff \u6210\u4e3a\u603b\u7edf\u4ed6\u4f1a\u600e\u4e48\u505a\u8bf8\u5982\u6b64\u7c7b\u7684\u6709\u8da3\u95ee\u9898\u3002\u6211\u5728\u8fd9\u671f\u8282\u76ee\u4e2d\u6700\u5173\u5fc3\u7684\u95ee\u9898\uff0c\u5176\u5b9e\u662f\u95ee David \u7684\u2014\u2014Peter \u5982\u4f55\u50a8\u5b58\u4ed6\u7684\u9ec4\u91d1\uff1f<\/p>\n Peter Schiff<\/strong>\uff1a\u662f\u7684\uff0c\u9ec4\u91d1\u662f\u771f\u6b63\u7684\u8d27\u5e01\u3002\u5bf9\u4e8e\u90a3\u4e9b\u548c\u6211\u4e00\u6837\uff0c\u5bf9\u6cd5\u5e01\u3001\u4e2d\u592e\u94f6\u884c\u3001\u901a\u8d27\u81a8\u80c0\u4ee5\u53ca\u503a\u52a1\u95ee\u9898\u611f\u5230\u62c5\u5fe7\u7684\u4eba\u6765\u8bf4\uff0c\u5982\u679c\u4ed6\u4eec\u5728\u5bfb\u627e\u4e00\u79cd\u771f\u6b63\u7684\u4ef7\u503c\u50a8\u5b58\u624b\u6bb5\uff0c\u540c\u65f6\u8fd8\u80fd\u4f5c\u4e3a\u4ea4\u6362\u5a92\u4ecb\u548c\u8bb0\u8d26\u5355\u4f4d\u7684\u8bdd\uff0c\u5176\u5b9e\u4e0d\u9700\u8981\u91cd\u65b0\u53d1\u660e\u8f6e\u5b50\uff0c\u9ec4\u91d1\u5c31\u5b8c\u5168\u53ef\u4ee5\u80dc\u4efb\u3002<\/p>\n \u300c\u9ec4\u91d1\u624d\u662f\u771f\u6b63\u7684\u8d27\u5e01\u300d<\/strong><\/p>\n \u5173\u4e8e\u8d27\u5e01<\/strong><\/p>\n Ryan\uff1a\u4f60\u5982\u4f55\u5b9a\u4e49\u8d27\u5e01\uff1f<\/strong><\/p>\n Peter Schiff<\/strong>\uff1a\u6211\u53c2\u8003\u7ecf\u5178\u7684\u5b9a\u4e49\u8ba4\u4e3a\uff0c\u8d27\u5e01\u5c31\u662f\u6700\u5177\u5e02\u573a\u6027\u7684\u4e00\u79cd\u5546\u54c1\u3002\u56de\u987e\u4e00\u4e0b\u5386\u53f2\u53bb\u7406\u89e3\u8d27\u5e01\u7684\u8d77\u6e90\uff0c\u6211\u4eec\u5e76\u4e0d\u662f\u4e00\u76f4\u90fd\u6709\u8d27\u5e01\uff0c\u5728\u8d27\u5e01\u51fa\u73b0\u4e4b\u524d\uff0c\u4eba\u7c7b\u901a\u8fc7\u7269\u7269\u4ea4\u6362\u8fdb\u884c\u4ea4\u6613\uff0c\u4f46\u8fd9\u79cd\u65b9\u5f0f\u975e\u5e38\u4e0d\u4fbf\uff0c\u56e0\u4e3a\u5b83\u9700\u8981\u53cc\u65b9\u7684\u9700\u6c42\u521a\u597d\u543b\u5408\u3002\u6700\u7ec8\uff0c\u4eba\u4eec\u53d1\u73b0\u53ef\u4ee5\u9009\u53d6\u4e00\u79cd\u6240\u6709\u4eba\u90fd\u613f\u610f\u63a5\u53d7\u7684\u5546\u54c1\u4f5c\u4e3a\u4ea4\u6362\u5a92\u4ecb\uff0c\u5373\u4f7f\u4f60\u5e76\u4e0d\u9700\u8981\u8fd9\u79cd\u5546\u54c1\uff0c\u4f46\u4f60\u4e5f\u53ef\u4ee5\u7528\u5b83\u6765\u6362\u53d6\u5176\u4ed6\u4f60\u60f3\u8981\u7684\u4e1c\u897f\u3002<\/p>\n \u4eba\u4eec\u5f00\u59cb\u63a5\u53d7\u4e00\u79cd\u5546\u54c1\uff0c\u4e0d\u662f\u56e0\u4e3a\u4ed6\u4eec\u81ea\u5df1\u9700\u8981\u5b83\uff0c\u800c\u662f\u56e0\u4e3a\u4ed6\u4eec\u77e5\u9053\u522b\u4eba\u53ef\u80fd\u9700\u8981\uff0c\u8fd9\u5c31\u662f\u8d27\u5e01\u7684\u53d1\u660e\u8fc7\u7a0b\u3002\u4f46\u8981\u6210\u4e3a\u8d27\u5e01\uff0c\u5fc5\u987b\u5177\u5907\u5f88\u591a\u7279\u6027\uff0c\u8fd9\u4e5f\u6392\u9664\u4e86\u5927\u591a\u6570\u5546\u54c1\u6210\u4e3a\u53ef\u884c\u8d27\u5e01\u7684\u53ef\u80fd\u6027\u3002\u51e0\u767e\u5e74\u6765\uff0c\u5f88\u591a\u4e0d\u540c\u7684\u5546\u54c1\u90fd\u88ab\u5c1d\u8bd5\u8fc7\u4f5c\u4e3a\u8d27\u5e01\uff0c\u4f46\u6700\u7ec8\u6700\u6210\u529f\u7684\u8fd8\u662f\u9ec4\u91d1\u3002<\/p>\n \u9ec4\u91d1\u5177\u6709\u4fbf\u643a\u6027\u3001\u53ef\u5206\u6027\u3001\u4e0d\u53ef\u53d8\u6027\u3001\u4e0d\u4f1a\u8150\u8680\u7b49\u7279\u6027\uff0c\u8fd9\u4e9b\u90fd\u662f\u8d27\u5e01\u5fc5\u987b\u5177\u5907\u7684\u3002\u6bd4\u7279\u5e01\u5c1d\u8bd5\u590d\u5236\u9ec4\u91d1\u7684\u8d27\u5e01\u7279\u6027\uff0c\u4f46\u4ed6\u4eec\u9057\u6f0f\u4e86\u6700\u91cd\u8981\u7684\u4e00\u70b9\uff0c\u90a3\u5c31\u662f\u5546\u54c1\u672c\u8eab\u7684\u5185\u5728\u4ef7\u503c\u2014\u2014\u8d27\u5e01\u5fc5\u987b\u662f\u4e00\u79cd\u5b9e\u9645\u5b58\u5728\u7684\u5546\u54c1\uff0c\u800c\u4e14\u5fc5\u987b\u5177\u6709\u81ea\u8eab\u4ef7\u503c\u3002<\/p>\n \u6bd4\u7279\u5e01\u867d\u7136\u5177\u5907\u8fd9\u4e9b\u7279\u70b9\uff0c\u4f46\u7531\u4e8e\u7f3a\u4e4f\u80cc\u540e\u7684\u5b9e\u9645\u4ef7\u503c\uff0c\u96be\u4ee5\u6210\u4e3a\u771f\u6b63\u7684\u4ef7\u503c\u50a8\u5b58\u624b\u6bb5\uff0c\u56e0\u4e3a\u5b83\u672c\u8eab\u6ca1\u6709\u53ef\u4ee5\u5b58\u50a8\u7684\u4e1c\u897f\u3002\u4ece\u8fd9\u4e00\u70b9\u6765\u770b\uff0c\u6bd4\u7279\u5e01\u4e0e\u6cd5\u5e01\u6709\u8bb8\u591a\u76f8\u4f3c\u4e4b\u5904\u3002\u5408\u6cd5\u8d27\u5e01\u7684\u80cc\u540e\u901a\u5e38\u6709\u5b9e\u9645\u8d44\u4ea7\u7684\u652f\u6491\uff0c\u8fd9\u4e5f\u662f\u6700\u65e9\u7684\u8d27\u5e01\u4f53\u7cfb\u5f62\u6210\u7684\u57fa\u7840\uff1a\u8d27\u5e01\u662f\u7531\u771f\u5b9e\u8d44\u4ea7\uff08\u5982\u9ec4\u91d1\uff09\u4f5c\u62c5\u4fdd\u7684\uff0c\u56e0\u4e3a\u6ca1\u6709\u4eba\u613f\u610f\u4ec5\u4ec5\u63a5\u53d7\u4e00\u5f20\u7eb8\u3002\u7136\u800c\uff0c\u7531\u4e8e\u7eb8\u5e01\u80cc\u540e\u6709\u9ec4\u91d1\u4f5c\u4e3a\u4fdd\u969c\uff0c\u5b83\u5b9e\u9645\u4e0a\u662f\u9ec4\u91d1\u7684\u4ed3\u5e93\u6536\u636e\u3002\u4eba\u4eec\u613f\u610f\u63a5\u53d7\u7eb8\u5e01\uff0c\u662f\u56e0\u4e3a\u4ed6\u4eec\u6e05\u695a\u53ef\u4ee5\u7528\u7eb8\u5e01\u53bb\u4ed3\u5e93\u5151\u6362\u9ec4\u91d1\u3002\u7eb8\u5e01\u672c\u8d28\u4e0a\u662f\u4e00\u79cd\u6b20\u6761\uff0c\u5373\u9ec4\u91d1\u6240\u6709\u6743\u7684\u8bc1\u660e\u3002<\/p>\n \u540e\u6765\uff0c\u653f\u5e9c\u53d1\u660e\u4e86\u521b\u9020\u6cd5\u5e01\u7684\u65b9\u5f0f\uff0c\u8fd9\u79cd\u8d27\u5e01\u4e0d\u518d\u6709\u4efb\u4f55\u5b9e\u9645\u8d44\u4ea7\u4f5c\u4e3a\u652f\u6491\u3002\u653f\u5e9c\u89c4\u5b9a\u6cd5\u5e01\u4e3a\u6cd5\u5b9a\u8d27\u5e01\uff0c\u4eba\u4eec\u5f00\u59cb\u4f7f\u7528\u5b83\uff0c\u5e76\u7528\u5176\u7f34\u7eb3\u7a0e\u6b3e\uff0c\u7a0e\u6b3e\u5c31\u50cf\u662f\u5bf9\u653f\u5e9c\u7684\u8d21\u54c1\u3002\u7136\u800c\uff0c\u6cd5\u5e01\u771f\u6b63\u7684\u4ef7\u503c\u6765\u6e90\u5e76\u4e0d\u4ec5\u4ec5\u4f9d\u8d56\u4e8e\u653f\u5e9c\u7684\u547d\u4ee4\uff0c\u800c\u662f\u57fa\u4e8e\u4fe1\u5fc3\u548c\u4fe1\u4efb\u3002\u4eba\u4eec\u5fc5\u987b\u76f8\u4fe1\uff0c\u8fd9\u79cd\u8d27\u5e01\u5728\u672a\u6765\u4f9d\u7136\u4f1a\u50cf\u73b0\u5728\u4e00\u6837\u88ab\u5e7f\u6cdb\u63a5\u53d7\u3002\u5b9e\u9645\u4e0a\uff0c\u6b63\u662f\u8fd9\u79cd\u4fe1\u4efb\u4f53\u7cfb\u8d4b\u4e88\u4e86\u6cd5\u5e01\u5176\u4ef7\u503c\u3002\u653f\u5e9c\u5728\u67d0\u79cd\u7a0b\u5ea6\u4e0a\u52a9\u63a8\u4e86\u8fd9\u79cd\u4fe1\u5ff5\u7684\u5f62\u6210\uff0c\u4f7f\u4eba\u4eec\u76f8\u4fe1\u8d27\u5e01\u662f\u6709\u4ef7\u503c\u7684\u3002\u7136\u800c\uff0c\u8bb8\u591a\u653f\u5e9c\u4e5f\u66fe\u901a\u8fc7\u5931\u53bb\u516c\u4f17\u7684\u4fe1\u4efb\uff0c\u5bfc\u81f4\u8d27\u5e01\u8d2c\u503c\uff0c\u53d8\u5f97\u4e00\u6587\u4e0d\u503c\u3002<\/p>\n \u56e0\u6b64\uff0c\u6bd4\u7279\u5e01\u5728\u8fd9\u65b9\u9762\u4e0e\u6cd5\u5e01\u76f8\u4f3c\uff0c\u90fd\u662f\u57fa\u4e8e\u4fe1\u4efb\u800c\u83b7\u5f97\u4ef7\u503c\u3002\u4e0e\u6b64\u4e0d\u540c\u7684\u662f\uff0c\u9ec4\u91d1\u7684\u4ef7\u503c\u4e0d\u4ec5\u6765\u81ea\u4fe1\u4efb\uff0c\u8fd8\u6e90\u4e8e\u5b9e\u9645\u7684\u9700\u6c42\u3002\u9ec4\u91d1\u4e0d\u4ec5\u7528\u4e8e\u5236\u4f5c\u73e0\u5b9d\uff0c\u8fd8\u5e7f\u6cdb\u5e94\u7528\u4e8e\u7535\u5b50\u4ea7\u54c1\u3001\u7259\u79d1\u4ee5\u53ca\u822a\u7a7a\u822a\u5929\u9886\u57df\u3002\u4e8b\u5b9e\u4e0a\uff0c\u9ec4\u91d1\u7684\u6f5c\u5728\u7528\u9014\u539f\u672c\u53ef\u4ee5\u66f4\u591a\uff0c\u53ea\u662f\u56e0\u4e3a\u5b83\u4ef7\u683c\u8fc7\u4e8e\u6602\u8d35\u3002\u5bf9\u4e8e\u8bb8\u591a\u5176\u4ed6\u91d1\u5c5e\u6240\u627f\u62c5\u7684\u4efb\u52a1\uff0c\u9ec4\u91d1\u5176\u5b9e\u80fd\u591f\u8868\u73b0\u5f97\u66f4\u51fa\u8272\u3002\u7136\u800c\uff0c\u7531\u4e8e\u9ec4\u91d1\u6781\u4e3a\u7a00\u7f3a\uff0c\u4eba\u4eec\u53ea\u4f1a\u5728\u5fc5\u8981\u65f6\u624d\u4f7f\u7528\u5b83\u3002<\/p>\n \u7136\u800c\uff0c\u6bd4\u7279\u5e01\u7f3a\u4e4f\u5fc5\u9700\u7684\u5b9e\u9645\u7528\u9014\uff0c\u5b83\u4ec5\u4ec5\u662f\u4e00\u4e2a\u4ee3\u5e01\uff0c\u4eba\u4eec\u8d2d\u4e70\u5b83\u662f\u56e0\u4e3a\u4ed6\u4eec\u5e0c\u671b\u5c06\u6765\u6709\u4eba\u4f1a\u4ee5\u66f4\u9ad8\u7684\u4ef7\u683c\u63a5\u624b\u3002\u7c7b\u4f3c\u7684\u4ee3\u5e01\u5df2\u6709\u6210\u5343\u4e0a\u4e07\uff0c\u800c\u4e14\u672a\u6765\u4e5f\u53ef\u4ee5\u65e0\u9650\u521b\u9020\u3002\u5b83\u4eec\u53ef\u80fd\u540d\u5b57\u4e0d\u540c\uff0c\u751a\u81f3\u5728\u67d0\u4e9b\u65b9\u9762\u66f4\u4f18\uff0c\u5982\u66f4\u4fbf\u5b9c\u3001\u66f4\u5feb\u3002\u4e8b\u5b9e\u4e0a\uff0c\u5df2\u6709\u4e00\u4e9b\u52a0\u5bc6\u8d27\u5e01\u5728\u6280\u672f\u4e0a\u8d85\u8d8a\u4e86\u6bd4\u7279\u5e01\u3002\u4f46\u5bf9\u6211\u6765\u8bf4\uff0c\u8fd9\u4e9b\u90fd\u6ca1\u6709\u4ef7\u503c\u3002\u533a\u5757\u94fe\u7684\u672a\u6765\u5e94\u7531\u771f\u6b63\u7684\u8d27\u5e01\u652f\u6301\u3002<\/p>\n \u5c31\u50cf\u6cd5\u5b9a\u8d27\u5e01\u7531\u5b9e\u9645\u8d44\u91d1\u652f\u6491\u4e00\u6837\uff0c\u7406\u8bba\u4e0a\u4e5f\u53ef\u4ee5\u6709\u4e00\u79cd\u7531\u771f\u5b9e\u8d27\u5e01\u652f\u6301\u7684\u52a0\u5bc6\u8d27\u5e01\u3002\u4f60\u53ef\u4ee5\u5c06\u9ec4\u91d1\u4ee3\u5e01\u5316\uff0c\u4f46\u4ee3\u5e01\u672c\u8eab\u5e76\u4e0d\u662f\u9ec4\u91d1\uff0c\u800c\u662f\u4ee3\u8868\u5bf9\u9ec4\u91d1\u7684\u6240\u6709\u6743\u3002\u901a\u8fc7\u6570\u5b57\u65b9\u5f0f\uff0c\u6211\u53ef\u4ee5\u5c06\u5bf9\u9ec4\u91d1\u7684\u6240\u6709\u6743\u8f6c\u7ed9\u4f60\uff0c\u65e2\u5feb\u901f\u53c8\u51e0\u4e4e\u6ca1\u6709\u6210\u672c\uff0c\u8fd9\u6bd4\u8f6c\u79fb\u6bd4\u7279\u5e01\u66f4\u9ad8\u6548\u3002\u5173\u952e\u533a\u522b\u5728\u4e8e\uff0c\u5f53\u6211\u8f6c\u79fb\u9ec4\u91d1\u6240\u6709\u6743\u65f6\uff0c\u6211\u7ed9\u4e86\u4f60\u4e00\u79cd\u5b9e\u7269\u8d44\u4ea7\uff0c\u800c\u5f53\u6211\u8f6c\u8ba9\u6bd4\u7279\u5e01\u65f6\uff0c\u6211\u4ec0\u4e48\u4e5f\u6ca1\u7ed9\uff0c\u53ea\u662f\u7ed9\u4e86\u4f60\u4e00\u79cd\u671f\u5f85\uff0c\u5e0c\u671b\u672a\u6765\u80fd\u4ee5\u66f4\u9ad8\u4ef7\u683c\u8f6c\u552e\uff0c\u8fd9\u5c31\u662f\u6839\u672c\u5dee\u5f02\u3002<\/p>\n \u5f88\u591a\u4eba\u79f0\u6bd4\u7279\u5e01\u4e3a\u300c\u6570\u5b57\u9ec4\u91d1\u300d\uff0c\u4f46\u8fd9\u5c31\u50cf\u628a\u6c49\u5821\u7684\u56fe\u7247\u79f0\u4e3a\u300c\u6570\u5b57\u98df\u7269\u300d\u4e00\u6837\u8352\u8c2c\u3002\u4f60\u65e0\u6cd5\u9760\u300c\u6570\u5b57\u98df\u7269\u300d\u751f\u5b58\u3002\u540c\u6837\uff0c\u9ec4\u91d1\u7684\u4ef7\u503c\u5728\u4e8e\u5b83\u7684\u7269\u7406\u5c5e\u6027\uff0c\u53ea\u6709\u5b9e\u4f53\u9ec4\u91d1\u624d\u80fd\u5236\u4f5c\u73e0\u5b9d\u6216\u5bfc\u7535\u3002\u300c\u6570\u5b57\u9ec4\u91d1\u300d\u65e0\u6cd5\u66ff\u4ee3\u8fd9\u4e9b\u5b9e\u9645\u7528\u9014\u3002<\/p>\n \u6709\u4e9b\u4e8b\u7269\u53ef\u4ee5\u6570\u5b57\u5316\uff0c\u6bd4\u5982\u97f3\u4e50\u548c\u4e66\u7c4d\uff0c\u6211\u4eec\u53ef\u4ee5\u542c\u6570\u5b57\u97f3\u4e50\u3001\u8bfb\u7535\u5b50\u4e66\uff0c\u4e0d\u9700\u8981\u5b9e\u4f53\u5b58\u5728\u3002\u4f46\u50cf\u98df\u7269\u548c\u9ec4\u91d1\u8fd9\u6837\u4f9d\u8d56\u7269\u7406\u5c5e\u6027\u7684\u4e1c\u897f\uff0c\u662f\u65e0\u6cd5\u88ab\u6570\u5b57\u5316\u7684\u3002<\/p>\n Ryan\uff1a\u4e3a\u4ec0\u4e48\u9ec4\u91d1\u5728\u8d27\u5e01\u6f14\u5316\u7684\u7ade\u4e89\u4e2d\u6210\u4e3a\u7ec8\u70b9\uff0c\u800c\u672a\u6765\u4e0d\u4f1a\u51fa\u73b0\u8d85\u8d8a\u9ec4\u91d1\u7684\u66f4\u4f18\u8d27\u5e01\uff1f<\/strong><\/p>\n Peter Schiff<\/strong>\uff1a\u51e0\u767e\u5e74\u6765\uff0c\u9ec4\u91d1\u4e00\u76f4\u662f\u6700\u597d\u7684\u8d27\u5e01\u5f62\u5f0f\uff0c\u6ca1\u6709\u4ec0\u4e48\u6bd4\u5b83\u66f4\u597d\u3002\u5f53\u7136\u4f60\u4e5f\u53ef\u4ee5\u7528\u5176\u4ed6\u4e1c\u897f\u4f5c\u4e3a\u8d27\u5e01\uff0c\u5b83\u4e0d\u4e00\u5b9a\u975e\u5f97\u662f\u9ec4\u91d1\u3002\u5982\u679c\u4eba\u4eec\u613f\u610f\u4f7f\u7528\u5176\u4ed6\u5546\u54c1\u4f5c\u4e3a\u8d27\u5e01\uff0c\u6211\u5e76\u4e0d\u53cd\u5bf9\u3002\u4f46\u522b\u7684\u5546\u54c1\u505a\u4e0d\u5230\uff0c\u5728\u76d1\u72f1\u91cc\u9999\u70df\u662f\u8d27\u5e01\uff0c\u4f46\u5e76\u4e0d\u662f\u6240\u6709\u56da\u72af\u90fd\u62bd\u70df\u3002<\/p>\n \u6bd4\u7279\u5e01\u6ca1\u6709\u5b9e\u9645\u7528\u9014\uff0c\u4e5f\u4e0d\u662f\u8d27\u5e01\u7684\u8fdb\u5316\uff0c\u53cd\u800c\u662f\u4e00\u79cd\u5012\u9000\u3002\u5386\u53f2\u4e0a\uff0c\u70bc\u91d1\u672f\u58eb\u66fe\u8bd5\u56fe\u5236\u9020\u9ec4\u91d1\uff0c\u800c\u6bd4\u7279\u5e01\u53ea\u4e0d\u8fc7\u662f\u8fd9\u79cd\u5c1d\u8bd5\u7684\u73b0\u4ee3\u7248\uff0c\u88ab\u79f0\u4e3a\u300c\u611a\u4eba\u91d1\u300d\u3002\u5b83\u7684\u672c\u8d28\u5e76\u6ca1\u6709\u56e0\u533a\u5757\u94fe\u800c\u6539\u53d8\uff0c\u53ea\u662f\u7528\u65b0\u7684\u65b9\u5f0f\u5305\u88c5\u4e86\u4e00\u4e2a\u53e4\u8001\u7684\u9a97\u5c40\u2014\u2014\u91d1\u5b57\u5854\u6216\u5e9e\u6c0f\u9a97\u5c40\u3002<\/p>\n \u6211\u627f\u8ba4\uff0c\u6bd4\u7279\u5e01\u4f5c\u4e3a\u5e9e\u6c0f\u9a97\u5c40\u6216\u91d1\u5b57\u5854\u9a97\u5c40\uff0c\u53ef\u80fd\u662f\u53f2\u4e0a\u6700\u6210\u529f\u7684\u4e4b\u4e00\uff0c\u6216\u8bb8\u8fd8\u80fd\u6301\u7eed\u4e00\u6bb5\u65f6\u95f4\uff0c\u4f46\u5b83\u53ef\u80fd\u5df2\u7ecf\u89c1\u9876\u3002\u6bd4\u7279\u5e01\u7684\u4ef7\u683c\u8f83\u4e09\u5e74\u524d\u7684\u5cf0\u503c\u4e0b\u8dcc\u4e86 30% \u4ee5\u4e0a\uff08\u4ee5\u9ec4\u91d1\u8ba1\uff09\u3002\u5c3d\u7ba1\u6709\u5927\u91cf\u7684\u7092\u4f5c\uff0c\u5982\u8428\u5c14\u74e6\u591a\u5c06\u6bd4\u7279\u5e01\u4f5c\u4e3a\u6cd5\u5b9a\u8d27\u5e01\u3001Michael Saylor \u7684\u63a8\u5d07\u3001\u5404\u79cd ETF\u3001NFT\u3001\u8d85\u7ea7\u7897\u5e7f\u544a\u3001\u534e\u5c14\u8857\u7684\u8fdb\u573a\u3001\u751a\u81f3\u5171\u548c\u515a\u5927\u4f1a\u7b49\uff0c\u4f46\u6bd4\u7279\u5e01\u4ecd\u672a\u521b\u4e0b\u65b0\u9ad8\u3002\u8fd9\u8868\u660e\u8fc7\u53bb\u51e0\u5e74\u4e2d\u6709\u5927\u91cf\u8d44\u91d1\u5728\u629b\u552e\u6bd4\u7279\u5e01\uff0c\u800c\u5356\u7684\u4eba\u663e\u7136\u6bd4\u4e70\u7684\u4eba\u66f4\u806a\u660e\u3002<\/p>\n \u90a3\u4e9b\u6210\u529f\u8005\u53ef\u80fd\u5728\u65e9\u671f\u4e70\u5165\u6bd4\u7279\u5e01\uff0c\u77e5\u9053\u5b83\u4f1a\u88ab\u7092\u4f5c\u8d77\u6765\uff0c\u4f46\u8981\u5151\u73b0\u8d22\u5bcc\uff0c\u4ed6\u4eec\u6700\u7ec8\u5fc5\u987b\u5356\u51fa\u6bd4\u7279\u5e01\uff0c\u5c06\u300c\u7eb8\u9762\u8d22\u5bcc\u300d\u53d8\u4e3a\u300c\u5b9e\u9645\u8d22\u5bcc\u300d\u3002\u8fd9\u6b63\u662f\u73b0\u5728\u6b63\u5728\u53d1\u751f\u7684\u4e8b\u3002<\/p>\n \u6211\u4e3a\u90a3\u4e9b\u8fd1\u5e74\u6765\u8d2d\u4e70\u6bd4\u7279\u5e01\u7684\u4eba\u611f\u5230\u9057\u61be\uff0c\u4ed6\u4eec\u5c06\u4f1a\u635f\u5931\u60e8\u91cd\u3002\u8fd9\u4e9b\u4eba\u6210\u4e86\u91d1\u5b57\u5854\u9a97\u5c40\u4e2d\u7684\u300c\u63a5\u76d8\u4fa0\u300d\uff0c\u8ba9\u65e9\u671f\u8fdb\u573a\u7684\u4eba\u83b7\u5229\u3002\u6bd4\u7279\u5e01\u5e76\u6ca1\u6709\u521b\u9020\u4efb\u4f55\u771f\u5b9e\u8d22\u5bcc\uff0c\u53ea\u662f\u8d22\u5bcc\u4ece\u4e70\u5bb6\u8f6c\u79fb\u5230\u4e86\u5356\u5bb6\u624b\u4e2d\u3002\u800c\u4e14\u8fd9\u8fd8\u662f\u4e00\u4e2a\u8d1f\u548c\u6e38\u620f\uff0c\u56e0\u4e3a\u9664\u4e86\u4e70\u5356\u4e4b\u95f4\u7684\u8f6c\u79fb\uff0c\u8fd8\u8981\u652f\u4ed8\u77ff\u5de5\u8d39\u7528\u4ee5\u53ca\u56f4\u7ed5\u6bd4\u7279\u5e01\u7684\u7092\u4f5c\u6210\u672c\u3002\u5c31\u50cf\u8d4c\u573a\u4e00\u6837\uff0c\u62bd\u6210\u5de8\u5927\uff0c\u6700\u7ec8\u5373\u4f7f\u4e00\u4e9b\u300c\u8d62\u5bb6\u300d\u4e5f\u53ef\u80fd\u53d8\u6210\u8f93\u5bb6\u3002<\/p>\n Ryan\uff1a\u6709\u4eba\u8ba4\u4e3a\uff0c\u9ec4\u91d1\u6709 1 \u4e07\u5e74\u5386\u53f2\uff0c\u800c\u6bd4\u7279\u5e01\u4ec5 15 \u5e74\uff0c\u5e02\u503c\u5df2\u8fbe 1.2 \u4e07\u4ebf\u7f8e\u5143\uff0c\u5360\u9ec4\u91d1\u7684 15% \u5de6\u53f3\uff0c\u8fd9\u96be\u9053\u4e0d\u7b97\u6210\u529f\u5417\uff1f<\/strong><\/p>\n Peter Schiff<\/strong>\uff1a\u4f60\u6b63\u597d\u8bc1\u660e\u4e86\u6211\u7684\u89c2\u70b9\uff0c\u6bd4\u7279\u5e01\u624d\u5b58\u5728\u4e86 15 \u5e74\uff0c1000 \u5e74\u540e\u518d\u8ddf\u6211\u804a\u804a\uff0c\u770b\u770b\u5b83\u662f\u5426\u8fd8\u5b58\u5728\u3002<\/p>\n Ryan\uff1a\u5982\u679c\u6bd4\u7279\u5e01\u7528\u4e8e\u652f\u4ed8\u7f51\u7edc\u4ea4\u6613\uff0c\u662f\u5426\u4e5f\u80fd\u7b97\u4f5c\u4e00\u79cd\u4ea4\u6362\u5de5\u5177\uff0c\u7c7b\u4f3c\u4e8e\u9ec4\u91d1\u7684\u5546\u54c1\u5c5e\u6027\uff1f<\/strong><\/p>\n Peter Schiff<\/strong>\uff1a\u662f\u7684\uff0c\u6211\u53ef\u4ee5\u628a\u6211\u7684\u6bd4\u7279\u5e01\u53d1\u9001\u7ed9\u4f60\uff0c\u4f46\u8fd9\u5f88\u5927\u7a0b\u5ea6\u4e0a\u4f9d\u8d56\u4e8e\u672a\u6765\u6bd4\u7279\u5e01\u5e02\u573a\u7684\u5b58\u5728\uff0c\u800c\u8fd9\u79cd\u5e02\u573a\u53ef\u80fd\u5728\u672a\u6765\u4e0d\u5b58\u5728\u3002<\/p>\n Ryan<\/strong>\uff1a\u8fd9\u70b9\u786e\u5b9e\u6709\u4e9b\u5faa\u73af\u8bba\u8bc1\uff0c\u8fd8\u6709\u5176\u4ed6\u533a\u5757\u94fe\u4e5f\u80fd\u7528\u5b83\u4eec\u7684\u4ee3\u5e01\u505a\u540c\u6837\u7684\u4e8b\u60c5\uff0c\u6bd4\u5982\u4ee5\u592a\u574a\uff0c\u6240\u4ee5\u8fd9\u5e76\u4e0d\u662f\u6bd4\u7279\u5e01\u72ec\u6709\u7684\u3002<\/p>\n Peter Schiff<\/strong>\uff1a\u786e\u5b9e\uff0c\u9ec4\u91d1\u5177\u6709\u5176\u4ed6\u91d1\u5c5e\u65e0\u6cd5\u66ff\u4ee3\u7684\u72ec\u7279\u5c5e\u6027\uff0c\u8fd9\u5c31\u662f\u4e3a\u4ec0\u4e48\u5b83\u4f1a\u88ab\u5e7f\u6cdb\u4f7f\u7528\u3002\u5982\u679c\u5176\u4ed6\u91d1\u5c5e\u80fd\u5b8c\u6210\u7c7b\u4f3c\u7684\u4efb\u52a1\uff0c\u4f46\u6548\u679c\u4e0d\u5982\u9ec4\u91d1\uff0c\u4eba\u4eec\u4e5f\u4f1a\u9009\u62e9\u5176\u4ed6\u91d1\u5c5e\uff0c\u56e0\u4e3a\u9ec4\u91d1\u4ef7\u683c\u8fc7\u9ad8\u3002\u7136\u800c\uff0c\u6bd4\u7279\u5e01\u7f3a\u4e4f\u8fd9\u79cd\u72ec\u7279\u6027\uff0c\u4ee5\u6b64\u7c7b\u6bd4\uff0c\u5f53\u4f60\u8fdb\u884c\u641c\u7d22\u65f6\uff0c\u8fd8\u4f1a\u4f7f\u7528 Spyglass \u5417\uff1f\u6211\u751a\u81f3\u4e0d\u8bb0\u5f97\u65e9\u671f\u7684\u641c\u7d22\u5f15\u64ce\u540d\u79f0\u4e86\u3002\u6211\u73b0\u5728\u4e3b\u8981\u4f7f\u7528\u7684\u662f ChatGPT\uff0c\u800c\u4e0d\u662f Google\u3002<\/p>\n Ryan<\/strong>\uff1a\u6211\u540c\u610f\u4f60\u7684\u89c2\u70b9\uff0c\u6211\u5df2\u7ecf\u5f00\u59cb\u7528 ChatGPT \u53d6\u4ee3 Google \u5904\u7406\u5f88\u591a\u4e8b\u60c5\u4e86\u3002<\/p>\n Peter Schiff<\/strong>\uff1a \u5bf9\u554a\uff0c\u4f60\u8fd8\u5728\u7528 MySpace \u5417\uff0cFacebook \u66ff\u4ee3\u4e86\u5b83\uff0c\u7136\u540e Instagram \u51fa\u73b0\u4e86\uff0cTikTok \u4e5f\u6765\u4e86\uff0c\u603b\u662f\u6709\u66f4\u597d\u7684\u4e1c\u897f\u51fa\u73b0\u3002<\/p>\n \u8ba4\u4e3a Satoshi \u53d1\u660e\u7684\u6bd4\u7279\u5e01\u5c06\u6c38\u8fdc\u662f\u6700\u4f1f\u5927\u7684\u52a0\u5bc6\u8d27\u5e01\uff0c\u4e14\u4e0d\u4f1a\u88ab\u6539\u8fdb\uff0c\u8fd9\u662f\u5b8c\u5168\u8352\u8c2c\u7684\u3002\u4efb\u4f55\u4eba\u7c7b\u53d1\u660e\u7684\u4e1c\u897f\u90fd\u53ef\u4ee5\u88ab\u6539\u8fdb\u3002\u800c\u9ec4\u91d1\u4e0d\u540c\uff0c\u5b83\u4e0d\u662f\u4eba\u7c7b\u53d1\u660e\u7684\uff0c\u800c\u662f\u81ea\u7136\u4ea7\u751f\u7684\u3002\u5b83\u6e90\u81ea\u8d85\u65b0\u661f\u7206\u70b8\uff0c\u5b58\u5728\u4e8e\u65f6\u95f4\u7684\u5f00\u59cb\u3002<\/p>\n \u5173\u4e8e\u4ef7\u503c\u5b58\u50a8<\/strong><\/p>\n Ryan\uff1a\u4f60\u8ba4\u4e3a\u6bd4\u7279\u5e01\u6709\u53ef\u80fd\u50cf\u9ec4\u91d1\u4e00\u6837\u6210\u4e3a\u4ef7\u503c\u5b58\u50a8\u624b\u6bb5\u5417\uff1f<\/strong><\/p>\n Peter Schiff<\/strong>\uff1a\u5b9e\u9645\u4e0a\uff0c\u4ee3\u5e01\u5316\u7684\u9ec4\u91d1\u5728\u5176\u4ed6\u533a\u5757\u94fe\u4e0a\u8fd0\u4f5c\u5f97\u66f4\u597d\uff0c\u56e0\u4e3a\u8fd9\u4e9b\u533a\u5757\u94fe\u7684\u8d39\u7528\u8fdc\u4f4e\u4e8e\u6bd4\u7279\u5e01\u3002\u56e0\u6b64\uff0c\u6211\u4e0d\u4e00\u5b9a\u9700\u8981\u4ee5\u592a\u574a\u533a\u5757\u94fe\u6765\u652f\u6491\u9ec4\u91d1\u4ee3\u5e01\uff0c\u53ef\u4ee5\u9009\u62e9\u5176\u4ed6\u66f4\u5177\u7ade\u4e89\u529b\u7684\u533a\u5757\u94fe\u3002\u867d\u7136\u533a\u5757\u94fe\u672c\u8eab\u6709\u5176\u4ef7\u503c\uff0c\u4f46\u8fd9\u4e9b\u539f\u751f\u4ee3\u5e01\u7684\u4ef7\u503c\u5219\u503c\u5f97\u6000\u7591\u3002<\/p>\n Ryan\uff1a\u4f60\u8ba4\u4e3a\u6bd4\u7279\u5e01\u7684\u4ef7\u503c\u9ad8\u4e8e\u96f6\u5417\uff1f<\/strong><\/p>\n Peter Schiff<\/strong>\uff1a\u786e\u5b9e\uff0c\u5c3d\u7ba1\u6bd4\u7279\u5e01\u53ef\u80fd\u6709\u4e00\u5b9a\u7684\u4ef7\u503c\uff0c\u4f46\u5b83\u7684\u4ef7\u503c\u8fdc\u4e0d\u5e94\u8fbe\u5230 6 \u4e07\u7f8e\u5143\u3002\u4e3e\u4f8b\u6765\u8bf4\uff0c\u6211\u66fe\u5236\u4f5c\u4e86\u4e00\u4e2a Ordinals\uff0c\u5e76\u5c06\u5176\u653e\u5728\u6bd4\u7279\u5e01\u533a\u5757\u94fe\u4e0a\u3002\u5728\u6700\u521d\u51fa\u552e\u65f6\uff0c\u6211\u8fd8\u9644\u9001\u4e86\u4e00\u5f20\u4eb2\u7b14\u7b7e\u540d\u7684\u539f\u7248\u5370\u5237\u54c1\uff0c\u4e0e Ordinals \u4e00\u8d77\u9001\u51fa\u3002\u8fd9\u6837\u4f60\u4e0d\u4ec5\u80fd\u62e5\u6709\u4e00\u4e2a\u5b9e\u4f53\u7269\u54c1\uff0c\u8fd8\u80fd\u6302\u5728\u5899\u4e0a\uff0c\u8fd9\u4e2a\u7269\u54c1\u975e\u5e38\u7a00\u7f3a\uff0c\u56e0\u4e3a\u6211\u53ea\u5236\u4f5c\u4e86 100 \u4e2a\uff0c\u4ece\u672a\u518d\u505a\u8fc7\u3002<\/p>\n Ryan\uff1a \u4f60\u63d0\u5230\u6cd5\u5e01\u7684\u4ef7\u503c\u6765\u6e90\u4e8e\u4eba\u4eec\u7684\u4fe1\u4efb\uff0c\u96be\u9053\u6240\u6709\u8d27\u5e01\u7684\u4ef7\u503c\u4e0d\u90fd\u662f\u5efa\u7acb\u5728\u4fe1\u4efb\u4e4b\u4e0a\u5417\uff1f<\/strong><\/p>\n Peter Schiff<\/strong>\uff1a\u4e0d\uff0c\u56e0\u4e3a\u4f60\u4e0d\u9700\u8981\u300c\u76f8\u4fe1\u300d\u50cf\u9ec4\u91d1\u8fd9\u6837\u7684\u5b9e\u9645\u5546\u54c1\uff0c\u9ec4\u91d1\u7684\u4ef7\u503c\u6765\u6e90\u4e8e\u5b83\u5728\u5b9e\u9645\u5e94\u7528\u4e2d\u7684\u5e7f\u6cdb\u9700\u6c42\uff0c\u5b83\u7684\u4ef7\u503c\u51e0\u4e4e\u662f\u6bcb\u5eb8\u7f6e\u7591\u7684\uff0c\u8fd9\u5c31\u662f\u5b83\u7684\u300c\u5e95\u7ebf\u300d\u4ef7\u503c\u3002\u9ec4\u91d1\u7684\u5e02\u573a\u4ef7\u503c\u5927\u7ea6\u5728 1 \u4e07\u4ebf\u5230 1.2 \u4e07\u4ebf\u7f8e\u5143\u4e4b\u95f4\u3002<\/p>\n \u6bd4\u7279\u5e01\u652f\u6301\u8005\u5e38\u8bf4\uff0c\u9ec4\u91d1\u5e02\u503c\u7684 10% \u6765\u81ea\u5176\u91d1\u5c5e\u5c5e\u6027\uff0c\u5269\u4f59\u90e8\u5206\u5219\u56e0\u5176\u4f5c\u4e3a\u8d27\u5e01\u7684\u89d2\u8272\u3002\u4f46\u5b9e\u9645\u4e0a\uff0c\u9664\u4e86\u4e2d\u592e\u94f6\u884c\uff0c\u51e0\u4e4e\u6ca1\u4eba\u5c06\u9ec4\u91d1\u4f5c\u4e3a\u8d27\u5e01\u4f7f\u7528\u3002\u4eba\u4eec\u50a8\u5b58\u9ec4\u91d1\u662f\u56e0\u4e3a\u5bf9\u5176\u672a\u6765\u7684\u5b9e\u9645\u9700\u6c42\uff0c\u800c\u975e\u5176\u8d27\u5e01\u5c5e\u6027\u3002\u6211\u4eec\u4e0d\u65ad\u53d1\u73b0\u9ec4\u91d1\u7684\u65b0\u7528\u9014\uff0c\u4eca\u5929\u7684\u9700\u6c42\u8fdc\u9ad8\u4e8e\u8fc7\u53bb\u7684\u4efb\u4f55\u65f6\u5019\u3002<\/p>\n \u56e0\u6b64\u9ec4\u91d1\u7684\u4ef7\u683c\u53cd\u6620\u4e86\u5176\u672a\u6765\u957f\u671f\u4f7f\u7528\u7684\u4ef7\u503c\uff0c\u800c\u6ca1\u6709\u5176\u4ed6\u5546\u54c1\u80fd\u50cf\u9ec4\u91d1\u90a3\u6837\u957f\u4e45\u5b58\u5728\u3002\u8fd9\u4e5f\u662f\u6211\u8ba4\u4e3a\u9ec4\u91d1\u4ef7\u683c\u4ecd\u7136\u8f83\u4f4e\u7684\u539f\u56e0\u4e4b\u4e00\u3002\u5f53\u524d\u7684\u9ec4\u91d1\u4ef7\u683c\u51e0\u4e4e\u6ca1\u6709\u6ea2\u4ef7\uff0c\u56e0\u4e3a\u5b83\u5c1a\u672a\u88ab\u5e7f\u6cdb\u7528\u4f5c\u8d27\u5e01\u3002\u6211\u8ba4\u4e3a\u4e16\u754c\u5c06\u4f1a\u91cd\u65b0\u8d27\u5e01\u5316\u9ec4\u91d1\uff0c\u5e76\u56de\u5230\u91d1\u672c\u4f4d\u5236\u5ea6\u3002\u4e00\u65e6\u8fd9\u4e00\u5929\u6765\u4e34\uff0c\u9ec4\u91d1\u7684\u4ef7\u683c\u5fc5\u7136\u4f1a\u663e\u8457\u4e0a\u5347\u3002<\/p>\n Ryan\uff1a\u5f53\u8c08\u8bba\u9ec4\u91d1\u53ca\u5176\u4f18\u70b9\u65f6\uff0c\u4f60\u5efa\u8bae\u4eba\u4eec\u5982\u4f55\u5b9e\u9645\u6301\u6709\u9ec4\u91d1\uff1f\u662f\u76f4\u63a5\u4fdd\u7ba1\u91d1\u6761\u3001\u8d2d\u4e70\u4ee3\u5e01\u5316\u9ec4\u91d1\uff0c\u8fd8\u662f\u901a\u8fc7\u9ec4\u91d1 ETF \u7b49\u91d1\u878d\u5de5\u5177\uff1f\u54ea\u79cd\u65b9\u6cd5\u662f\u6700\u4f73\u9009\u62e9\uff1f<\/strong><\/p>\n Peter Schiff<\/strong>\uff1a\u6211\u6709\u4e00\u4e2a\u53eb ShiftGold.com \u7684\u5e73\u53f0\u6765\u5904\u7406\u8fd9\u4e2a\u95ee\u9898\u3002Shift Gold \u9500\u552e\u5b9e\u9645\u53d1\u8d27\u7684\u9ec4\u91d1\uff0c\u4f60\u53ef\u4ee5\u76f4\u63a5\u5b58\u50a8\u5b9e\u7269\u91d1\u5757\u3002<\/p>\n Ryan\uff1a\u4f60\u662f\u8bf4\u5b9e\u9645\u7684\u91d1\u6761\u548c\u91d1\u5757\uff1f<\/strong><\/p>\n Peter Schiff<\/strong>\uff1a\u662f\u7684\u3002\u4e00\u4e9b\u91d1\u5e01\u5fc5\u987b\u7531\u653f\u5e9c\u94f8\u9020\uff0c\u624d\u80fd\u88ab\u5408\u6cd5\u79f0\u4e3a\u300c\u786c\u5e01\u300d\u3002\u4e00\u5bb6\u79c1\u4eba\u9020\u5e01\u5382\u53ef\u4ee5\u628a\u9ec4\u91d1\u5236\u6210\u5706\u5f62\u7269\u4f53\uff0c\u4f46\u9664\u975e\u5b83\u662f\u6cd5\u5b9a\u8d27\u5e01\uff0c\u5426\u5219\u4e0d\u80fd\u79f0\u5176\u4e3a\u300c\u786c\u5e01\u300d\u3002\u6bd4\u5982\u7f8e\u56fd\u3001\u52a0\u62ff\u5927\u3001\u6fb3\u5927\u5229\u4e9a\u7b49\u5730\u90fd\u6709\u6cd5\u5b9a\u91d1\u5e01\uff0c\u4f46\u79c1\u4eba\u9020\u5e01\u5382\u4e5f\u53ef\u4ee5\u94f8\u9020\u5706\u5f62\u7684\u9ec4\u91d1\u5236\u54c1\uff0c\u53ea\u4e0d\u8fc7\u4e0d\u80fd\u79f0\u5176\u4e3a\u786c\u5e01\uff0c\u800c\u53eb\u4f5c\u300c\u5706\u5f62\u91d1\u300d\u3002\u6211\u4eec\u76f4\u63a5\u51fa\u552e\u91d1\u6761\u3001\u91d1\u5e01\u548c\u94f6\u5e01\u3002\u6211\u5efa\u8bae\u4eba\u4eec\u6301\u6709\u5b9e\u7269\u9ec4\u91d1\u548c\u767d\u94f6\uff0c\u5c24\u5176\u662f\u5982\u679c\u4f60\u5728\u4e3a\u67d0\u79cd\u672b\u65e5\u573a\u666f\u505a\u51c6\u5907\uff0c\u6bd4\u5982\u6076\u6027\u901a\u8d27\u81a8\u80c0\u3002<\/p>\n Ryan\uff1a\u4f46\u662f\u5177\u4f53\u80fd\u6301\u6709\u591a\u5c11\u5462\uff1f\u6bd4\u5982\u6211\u60f3\u4e70\u4ef7\u503c 25 \u4e07\u7f8e\u5143\u7684\u91d1\u5e01\uff0c\u80fd\u5b58\u50a8\u591a\u5c11\u8fd9\u79cd\u89c4\u6a21\u7684\u9ec4\u91d1\uff1f<\/strong><\/p>\n Peter Schiff<\/strong>\uff1a\u53ef\u4ee5\u653e\u5728\u4e00\u4e2a\u978b\u76d2\u91cc\uff0c\u800c\u4e14\u8fd8\u4f1a\u6709\u5f88\u591a\u5269\u4f59\u7a7a\u95f4\u3002<\/p>\n Ryan\uff1a\u4f60\u4f1a\u628a\u4ef7\u503c 25 \u4e07\u7f8e\u5143\u7684\u9ec4\u91d1\u7528\u90ae\u5bc4\u5305\u88f9\u4e4b\u7c7b\u7684\u65b9\u5f0f\u5bc4\u5230\u6211\u5bb6\uff1f<\/strong><\/p>\n Peter Schiff<\/strong>\uff1a\u662f\u7684\uff0c\u800c\u4e14\u5305\u88c5\u975e\u5e38\u9690\u853d\uff0c\u4e0d\u4f1a\u663e\u793a\u300c\u91cc\u9762\u662f\u9ec4\u91d1\u300d\u7684\u6807\u5fd7\u3002\u6211\u4eec\u5728 Shift Gold \u5df2\u7ecf\u552e\u5356\u9ec4\u91d1\u8d85\u8fc7\u5341\u5e74\uff0c\u4ece\u672a\u53d1\u751f\u8fc7\u4e22\u5931\u6216\u76d7\u7a83\u7684\u60c5\u51b5\uff0c\u9ec4\u91d1\u603b\u662f\u5b89\u5168\u9001\u8fbe\u3002\u4f46\u94f6\u5b50\u4f53\u79ef\u8f83\u5927\uff0c\u975e\u5e38\u91cd\u3002\u4f8b\u5982\u6709\u4e00\u4f4d\u5ba2\u6237\u5728\u75ab\u60c5\u671f\u95f4\u8d2d\u4e70\u4e86\u4ef7\u503c 30 \u4e07\u7f8e\u5143\u7684\u94f6\u5b50\uff0c\u5360\u7528\u4e86\u4e0d\u5c11\u7a7a\u95f4\u3002\u800c\u9ec4\u91d1\u5219\u53ef\u4ee5\u8f7b\u677e\u653e\u5165\u978b\u76d2\u4e2d\uff0c\u5b58\u50a8\u66f4\u4e3a\u65b9\u4fbf\u3002\u8fd9\u4e5f\u662f\u9ec4\u91d1\u4f5c\u4e3a\u8d27\u5e01\u66f4\u4f18\u7684\u539f\u56e0\u4e4b\u4e00\uff0c\u56e0\u4e3a\u5b83\u6bd4\u94f6\u5b50\u7b49\u91d1\u5c5e\u66f4\u5bb9\u6613\u5b58\u50a8\uff0c\u66f4\u4e0d\u7528\u8bf4\u94dc\u4e86\uff0c\u60f3\u8c61\u4e00\u4e0b\u5b58\u653e\u94dc\u9700\u8981\u591a\u5927\u7684\u7a7a\u95f4\u3002<\/p>\n Ryan\uff1a \u5047\u5982\u6211\u60f3\u8d2d\u4e70 30 \u4e07\u7f8e\u5143\u7684\u9ec4\u91d1\uff0c\u5982\u4f55\u786e\u4fdd\u5b83\u7684\u5b89\u5168\uff1f<\/strong><\/p>\n Peter Schiff<\/strong>\uff1a\u4f60\u53ef\u4ee5\u628a\u5b83\u85cf\u5728\u5bb6\u91cc\u7684\u67d0\u4e2a\u5730\u65b9\uff0c\u53ea\u8981\u522b\u5fd8\u4e86\u4f60\u653e\u5728\u54ea\u91cc\u3002\u6216\u8005\u4f60\u53ef\u4ee5\u4f7f\u7528\u4e00\u4e2a\u4fdd\u9669\u7bb1\uff0c\u522b\u5f04\u4e22\u4e86\u5bc6\u7801\uff0c\u4e5f\u522b\u4e22\u4e86\u94a5\u5319\u3002\u4e0d\u8fc7\u5982\u679c\u4f60\u60f3\u7531\u7b2c\u4e09\u65b9\u4fdd\u7ba1\uff0cShift Gold \u53ef\u4ee5\u5e2e\u4f60\u5b89\u6392\u5728\u745e\u58eb\u3001\u8fea\u62dc\u6216\u65b0\u52a0\u5761\u7684\u5b58\u50a8\u670d\u52a1\u3002<\/p>\n \u4f60\u4e5f\u53ef\u4ee5\u9009\u62e9\u534e\u5c14\u8857\u7684\u4ea7\u54c1\uff0c\u6bd4\u5982\u8d2d\u4e70\u9ec4\u91d1\u7684 ETF\u3002\u4e0d\u8fc7\uff0c\u8fd9\u6837\u7684\u8bdd\uff0c\u4f60\u5e76\u4e0d\u76f4\u63a5\u62e5\u6709\u9ec4\u91d1\uff0c\u800c\u662f\u62e5\u6709\u4e00\u4e2a\u6301\u6709\u9ec4\u91d1\u7684\u4e0a\u5e02\u516c\u53f8\u7684\u80a1\u4efd\uff0c\u8fd9\u8ddf\u4e00\u4e9b\u4eba\u5904\u7406\u6bd4\u7279\u5e01\u7684\u65b9\u5f0f\u5f88\u7c7b\u4f3c\u3002\u6709\u610f\u601d\u7684\u662f\uff0c\u6bd4\u7279\u5e01\u6700\u521d\u7684\u5356\u70b9\u662f\u81ea\u6211\u6258\u7ba1\u3001\u6ca1\u6709\u7b2c\u4e09\u65b9\u53c2\u4e0e\uff0c\u4f46\u73b0\u5728\u6240\u6709\u7684\u9700\u6c42\u4f3c\u4e4e\u90fd\u6765\u81ea\u4e8e\u7b2c\u4e09\u65b9\u6258\u7ba1\uff0c\u4ed6\u4eec\u8fd8\u6536\u53d6\u5b58\u50a8\u8d39\u7528\u3002<\/p>\n \u6bd4\u7279\u5e01\u6ce1\u6cab\u7ec8\u4e8e\u7834\u4e86\uff1f<\/strong><\/p>\n \u5bf9\u6bd4\u9ec4\u91d1\uff0c\u6bd4\u7279\u5e01\u300c\u4f18\u52bf\u4e0d\u518d\u300d<\/strong><\/p>\n Ryan\uff1a\u4f60\u662f\u5426\u4f1a\u627f\u8ba4\u6bd4\u7279\u5e01\u6216\u52a0\u5bc6\u8d27\u5e01\u5728\u67d0\u4e9b\u65b9\u9762\u4f18\u4e8e\u9ec4\u91d1\uff0c\u6bd4\u5982\u5b83\u5728\u4e92\u8054\u7f51\u4e0a\u66f4\u5bb9\u6613\u4f20\u8f93\uff1f<\/strong><\/p>\n Peter Schiff<\/strong>\uff1a\u662f\u7684\uff0c\u4f46\u95ee\u9898\u662f\uff0c\u6bd4\u7279\u5e01\u4e4b\u6240\u4ee5\u8fd9\u4e48\u5bb9\u6613\u4f20\u8f93\uff0c\u662f\u56e0\u4e3a\u4f60\u5b9e\u9645\u4e0a\u4ec0\u4e48\u90fd\u6ca1\u6709\u5728\u4f20\u8f93\uff0c\u5f53\u6211\u53d1\u9001\u300c\u4ec0\u4e48\u90fd\u6ca1\u6709\u300d\u65f6\uff0c\u5f53\u7136\u6bd4\u4f20\u8f93\u300c\u67d0\u4e9b\u4e1c\u897f\u300d\u8981\u5bb9\u6613\u5f97\u591a\u3002<\/p>\n Ryan<\/strong>\uff1a\u6211\u89c9\u5f97\u4f60\u53ef\u80fd\u592a\u7ea0\u7ed3\u4e8e\u8fd9\u4e2a\u300c\u5b9e\u4f53\u300d\u5143\u7d20\u4e86\uff0c\u8fd9\u5bf9\u5f88\u591a\u542c\u4f17\uff0c\u5c24\u5176\u662f\u5e74\u8f7b\u4e00\u4ee3\u6765\u8bf4\uff0c\u4f3c\u4e4e\u5e76\u4e0d\u662f\u90a3\u4e48\u91cd\u8981\u3002\u6211\u4eec\u4f1a\u8ba4\u4e3a\u300c\u6709\u5b9e\u4f53\u548c\u91cd\u91cf\u300d\u5728\u6570\u5b57\u5316\u7684\u4e92\u8054\u7f51\u4e0a\u5e76\u4e0d\u90a3\u4e48\u5173\u952e\u3002\u751a\u81f3\u4f1a\u89c9\u5f97\u9ec4\u91d1\u5728\u73b0\u5b9e\u4e16\u754c\u91cc\u5177\u6709\u5b9e\u4f53\u7279\u6027\uff0c\u5bf9\u6211\u6765\u8bf4\u6709\u70b9\u662f\u8d1f\u9762\u56e0\u7d20\uff0c\u8fd9\u610f\u5473\u7740\u5b83\u53ef\u4ee5\u88ab\u5077\u8d70\u3002<\/p>\n Peter Schiff<\/strong>\uff1a\u4e0d\uff0c\u8fd9\u6070\u6070\u662f\u5b83\u6210\u4e3a\u8d27\u5e01\u7684\u539f\u56e0\u3002\u8bb0\u5f97\u6211\u4eec\u4e00\u5f00\u59cb\u7684\u8ba8\u8bba\u5417\uff0c\u5b83\u5fc5\u987b\u662f\u4e00\u79cd\u5546\u54c1\uff0c\u56e0\u4e3a\u6bd4\u7279\u5e01\u968f\u65f6\u53ef\u80fd\u5d29\u6e83\u3002\u5b83\u73b0\u5728\u8fd8\u6ca1\u6709\u5d29\u6e83\u7684\u539f\u56e0\u662f\uff0c\u76ee\u524d\u60f3\u4e70\u6bd4\u7279\u5e01\u7684\u4eba\u591a\u4e8e\u60f3\u5356\u7684\u4eba\uff0c\u603b\u4f53\u4e0a\u6709\u8db3\u591f\u7684\u4e70\u5165\u6765\u7ef4\u6301\u5e02\u573a\u3002<\/p>\n Ryan<\/strong>\uff1a\u6bd4\u7279\u5e01\u786e\u5b9e\u662f\u4e00\u4e2a\u76f8\u5bf9\u8f83\u65b0\u7684\u8d44\u4ea7\uff0c\u4f46\u9ec4\u91d1\u4e5f\u662f\u4e00\u6837\u2014\u2014\u4f60\u5fc5\u987b\u8981\u6709\u611f\u5174\u8da3\u7684\u4e70\u5bb6\u624d\u80fd\u7ef4\u6301\u6574\u4e2a\u5e02\u573a\u7684\u8fd0\u8f6c\u3002\u4e0d\u8fc7\uff0c\u6211\u627f\u8ba4\u9ec4\u91d1\u6709\u4e00\u4e2a\u4f18\u52bf\uff0c\u5c31\u662f\u5b83\u6709\u6570\u5343\u5e74\u7684\u5386\u53f2\u4f5c\u4e3a\u652f\u6491\u3002<\/p>\n Peter Schiff<\/strong>\uff1a\u4e0d\u4ec5\u4ec5\u662f\u6570\u5343\u5e74\u7684\u5386\u53f2\uff0c\u73b0\u5728\u8fd8\u6709\u8bb8\u591a\u884c\u4e1a\u5b9e\u9645\u4e0a\u9700\u8981\u9ec4\u91d1\uff0c\u5e76\u4e14\u4e00\u76f4\u5728\u8d2d\u4e70\u5b83\uff0c\u8fd9\u662f\u4e00\u4e2a\u5b9e\u9645\u5b58\u5728\u7684\u3001\u73b0\u5b9e\u4e16\u754c\u7684\u9700\u6c42\u3002<\/p>\n \u6211\u521a\u7ed9\u4f60\u5c55\u793a\u4e86\u6211\u7684\u9ec4\u91d1\u9996\u9970\uff0c\u8fd9\u662f\u4e00\u4e2a\u5e9e\u5927\u7684\u4ea7\u4e1a\uff0c\u800c\u4e14\u867d\u7136\u73b0\u5728\u7f51\u4e0a\u6709\u5f88\u591a\u4eba\u6709\u6570\u5b57\u5973\u670b\u53cb\uff0c\u6216\u8bb8\u4f60\u53ef\u4ee5\u9001\u4ed6\u4eec\u6570\u5b57\u9ec4\u91d1\uff0c\u4f46\u5982\u679c\u4f60\u60f3\u5728\u73b0\u5b9e\u4e16\u754c\u4e2d\u6709\u4e00\u4e2a\u5973\u670b\u53cb\uff0c\u4f60\u4f1a\u7ed9\u5979\u4e70\u771f\u6b63\u7684\u9996\u9970\uff0c\u8fd9\u53ef\u4e0d\u80fd\u7528\u6bd4\u7279\u5e01\u505a\u3002\u4eba\u4eec\u60f3\u8981\u6bd4\u7279\u5e01\u7684\u552f\u4e00\u539f\u56e0\u5c31\u662f\u4ef7\u683c\u5728\u4e0a\u6da8\u3002\u5f53\u4ef7\u683c\u4e0d\u518d\u4e0a\u6da8\u65f6\uff0c\u5927\u5bb6\u90fd\u4f1a\u60f3\u8981\u6446\u8131\u5b83\u3002<\/p>\n Ryan\uff1a\u65e2\u7136\u6211\u4eec\u5728\u8ba8\u8bba\u7684\u662f\u4ea4\u6362\u6b20\u6761\uff08IOUs\uff09\u800c\u975e\u5b9e\u7269\u8d44\u4ea7\uff0c\u90a3\u4e48\u4ee3\u5e01\u5316\u9ec4\u91d1\u76f8\u8f83\u4e8e\u5b9e\u9645\u6301\u6709\u9ec4\u91d1\u5e76\u4e0d\u7406\u60f3\u3002\u90a3\u4e48\uff0c\u4e92\u8054\u7f51\u7a76\u7adf\u5982\u4f55\u6539\u5584\u9ec4\u91d1\u7684\u6301\u6709\u65b9\u5f0f\uff1f<\/strong><\/p>\n Peter Schiff<\/strong>\uff1a\u7eb8\u5e01\u6700\u521d\u4f7f\u9ec4\u91d1\u66f4\u6613\u4e8e\u4f7f\u7528\uff0c\u5c24\u5176\u662f\u5728\u5408\u6cd5\u6d41\u901a\u7684\u60c5\u51b5\u4e0b\u3002\u76f4\u63a5\u4ea4\u4ed8\u5927\u91d1\u6761\u65e2\u4e0d\u65b9\u4fbf\uff0c\u4e5f\u96be\u4ee5\u5904\u7406\u5c0f\u989d\u4ea4\u6613\u3002\u56e0\u6b64\uff0c\u4eba\u4eec\u53d1\u660e\u4e86\u91d1\u5e01\u3001\u94f6\u5e01\u7b49\u8f83\u5c0f\u7684\u8d27\u5e01\u5f62\u5f0f\u3002<\/p>\n \u968f\u540e\uff0c\u79c1\u4eba\u4f01\u4e1a\u5f15\u5165\u4e86\u7eb8\u5e01\u7684\u6982\u5ff5\uff0c\u6700\u521d\u7531\u91d1\u5320\u53d1\u884c\u7eb8\u8d28\u8d27\u5e01\u4f5c\u4e3a\u9ec4\u91d1\u7684\u4ed3\u5e93\u6536\u636e\u6216\u6b20\u6761\u3002\u8fd9\u7c7b\u4f3c\u4e8e\u4f60\u5b58\u5916\u5957\u65f6\u6536\u5230\u7684\u5c0f\u7968\uff0c\u8bc1\u660e\u4f60\u7684\u5916\u5957\u5df2\u88ab\u5b58\u653e\u3002\u8fd9\u6837\uff0c\u7eb8\u5e01\u4ee3\u66ff\u4e86\u5b9e\u7269\u9ec4\u91d1\uff0c\u4fbf\u4e8e\u6d41\u901a\u548c\u4ea4\u6613\u3002<\/p>\n \u7eb8\u5e01\u7684\u4ef7\u503c\u6765\u6e90\u4e8e\u9ec4\u91d1\uff0c\u867d\u7136\u7eb8\u5e01\u672c\u8eab\u6ca1\u6709\u5185\u5728\u4ef7\u503c\uff0c\u4f46\u56e0\u4e3a\u6709\u9ec4\u91d1\u652f\u6301\uff0c\u6210\u4e3a\u4e86\u66f4\u4f18\u8d28\u7684\u8d27\u5e01\u5f62\u5f0f\u3002\u7ecf\u6d4e\u5b66\u4e0a\u79f0\u4e4b\u4e3a\u300c\u8d27\u5e01\u66ff\u4ee3\u7269\u300d\u3002<\/p>\n \u4e92\u8054\u7f51\u8fdb\u4e00\u6b65\u6539\u8fdb\u4e86\u8fd9\u4e00\u70b9\uff0c\u73b0\u5728\u94f6\u884c\u53ef\u4ee5\u7528\u6570\u5b57\u4ee3\u5e01\u4ee3\u66ff\u5b9e\u4f53\u7eb8\u5e01\uff0c\u8fd9\u4e9b\u4ee3\u5e01\u53ef\u4ee5\u5b58\u5728\u4e8e\u533a\u5757\u94fe\u4e0a\uff08\u516c\u6709\u94fe\u6216\u79c1\u6709\u94fe\uff09\uff0c\u4e5f\u53ef\u4ee5\u4e0d\u4f9d\u8d56\u533a\u5757\u94fe\u3002<\/p>\n \u8fd9\u4f7f\u5f97\u9ec4\u91d1\u4f5c\u4e3a\u4ea4\u6362\u5a92\u4ecb\u6bd4\u4ee5\u5f80\u66f4\u6709\u6548\uff0c\u53d8\u5f97\u66f4\u5feb\u3001\u66f4\u5177\u53ef\u5206\u6027\u3001\u6210\u672c\u66f4\u4f4e\u3002\u7136\u800c\uff0c\u5f88\u591a\u4eba\u8ba4\u4e3a\u533a\u5757\u94fe\u6280\u672f\u4f7f\u9ec4\u91d1\u8fc7\u65f6\u4e86\uff0c\u8ba4\u4e3a\u6bd4\u7279\u5e01\u53ef\u4ee5\u53d6\u4ee3\u9ec4\u91d1\uff0c\u8fd9\u662f\u8bef\u89e3\u3002\u5373\u4f7f\u6bd4\u7279\u5e01\u6d88\u4ea1\uff0c\u9ec4\u91d1\u4ecd\u5c06\u5b58\u5728\uff0c\u53ef\u80fd\u7ee7\u7eed\u5728\u533a\u5757\u94fe\u4e0a\u8fd0\u884c\u3002<\/p>\n Ryan<\/strong>\uff1a\u4e0d\u8fc7\uff0c\u5373\u4fbf\u662f\u4ee3\u5e01\u5316\u7684\u9ec4\u91d1\u4f9d\u7136\u9700\u8981\u4fe1\u4efb\u53d1\u884c\u65b9\u771f\u7684\u62e5\u6709\u8db3\u591f\u7684\u9ec4\u91d1\u4f5c\u4e3a\u652f\u6301\uff0c\u4f60\u5fc5\u987b\u4fe1\u4efb\u6574\u4e2a\u6cd5\u5f8b\u4f53\u7cfb\u4f1a\u4fdd\u62a4\u4f60\u7684\u8d22\u4ea7\u6743\u5229\uff0c\u8fd9\u548c\u5b9e\u9645\u62e5\u6709\u5b9e\u7269\u9ec4\u91d1\u5e76\u81ea\u5df1\u4fdd\u7ba1\u662f\u4e0d\u53ef\u6bd4\u62df\u7684\u3002<\/p>\n Peter Schiff<\/strong>\uff1a\u662f\u7684\uff0c\u8fd9\u5c31\u662f\u4e3a\u4ec0\u4e48\u4f60\u4e0d\u5e94\u8be5\u628a\u6240\u6709\u7684\u9ec4\u91d1\u90fd\u4ee5\u8fd9\u79cd\u65b9\u5f0f\u6301\u6709\u7684\u539f\u56e0\u3002<\/p>\n \u4f46\u4f60\u53ef\u4ee5\u628a\u4f60\u7684\u9ec4\u91d1\u5b58\u653e\u5728\u4e00\u5bb6\u975e\u5e38\u503c\u5f97\u4fe1\u8d56\u7684\u7b2c\u4e09\u65b9\u673a\u6784\u90a3\u91cc\uff0c\u8fd9\u4e9b\u7b2c\u4e09\u65b9\u53ef\u80fd\u8fd8\u63d0\u4f9b\u4fdd\u9669\uff0c\u4ee5\u9632\u9ec4\u91d1\u4e22\u5931\u6216\u88ab\u76d7\uff0c\u5e76\u4e14\u6709\u4e00\u5bb6\u4fe1\u8a89\u826f\u597d\u7684\u4fdd\u9669\u516c\u53f8\u4f5c\u4e3a\u4fdd\u969c\uff0c\u751a\u81f3\u53ef\u80fd\u8fd8\u6709\u518d\u4fdd\u9669\u516c\u53f8\u3002<\/p>\n \u6211\u7406\u89e3\u6bd4\u7279\u5e01\u7684\u4e00\u4e2a\u8bba\u70b9\u662f\uff0c\u5982\u679c\u4f60\u81ea\u5df1\u6258\u7ba1\u6bd4\u7279\u5e01\uff0c\u800c\u4e0d\u662f\u901a\u8fc7 ETF\uff0c\u5c31\u4e0d\u9700\u8981\u4f9d\u8d56\u7b2c\u4e09\u65b9\u3002\u4f46\u5373\u4fbf\u5982\u6b64\uff0c\u4f60\u4ecd\u7136\u9700\u8981\u76f8\u4fe1\u5e02\u573a\u4f1a\u7ee7\u7eed\u63a5\u53d7\u6bd4\u7279\u5e01\u3002\u4f60\u5fc5\u987b\u76f8\u4fe1\u8fd9\u4e2a\u4f53\u7cfb\u7684\u6301\u7eed\u8fd0\u4f5c\uff0c\u800c\u6211\u4e0d\u613f\u610f\u8fd9\u6837\u505a\u3002\u6211\u5b81\u613f\u6301\u6709\u9ec4\u91d1\uff0c\u5373\u4f7f\u9700\u8981\u4f9d\u8d56\u6258\u7ba1\u65b9\u6765\u4fdd\u7ba1\u9ec4\u91d1\uff0c\u4e5f\u6bd4\u62c5\u5fc3\u6bd4\u7279\u5e01\u662f\u5426\u4f1a\u5931\u53bb\u4ef7\u503c\u8981\u597d\u3002<\/p>\n \u8fd9\u4e3b\u8981\u53d6\u51b3\u4e8e\u5e02\u573a\u8ba4\u77e5\u3002\u5373\u4f7f\u6bd4\u7279\u5e01\u6709\u4e00\u5b9a\u7684\u4ef7\u503c\uff0c\u6bd4\u5982\u6bcf\u4e2a\u4ee3\u5e01\u503c 1000 \u7f8e\u5143\uff0c\u4f46\u6211\u5bf9\u5b83\u7684\u5b9e\u9645\u4ef7\u503c\u6301\u6000\u7591\u6001\u5ea6\u3002\u5f53\u6211\u8bf4\u300c\u4ef7\u503c\u300d\u65f6\uff0c\u6211\u6307\u7684\u662f\u5b9e\u9645\u4ef7\u503c\uff0c\u800c\u4e0d\u4ec5\u4ec5\u662f\u5e02\u573a\u4ef7\u683c\u3002\u5e02\u573a\u4ef7\u683c\u53cd\u6620\u7684\u662f\u4e70\u5bb6\u613f\u610f\u652f\u4ed8\u7684\u91d1\u989d\uff0c\u5982\u679c\u6709\u4eba\u613f\u610f\u4e3a\u4e00\u679a\u6bd4\u7279\u5e01\u652f\u4ed8 58,000 \u7f8e\u5143\uff0c\u4f46\u5b9e\u9645\u4ef7\u503c\u53ea\u6709 1000 \u7f8e\u5143\uff0c\u90a3\u4f60\u53ef\u80fd\u4f1a\u635f\u5931\u5927\u91cf\u7684\u94b1\u3002\u5982\u679c\u4f60\u5728 58,000 \u7f8e\u5143\u65f6\u4e70\u5165\u6bd4\u7279\u5e01\uff0c\u6700\u540e\u8dcc\u5230 1000 \u7f8e\u5143\uff0c\u51e0\u4e4e\u7b49\u4e8e\u5f52\u96f6\uff0c\u635f\u5931 99% \u8d44\u91d1\u7684\u5269\u4f59\u90e8\u5206\u51e0\u4e4e\u65e0\u8db3\u8f7b\u91cd\u3002<\/p>\n David\uff1a\u5982\u679c\u4f60\u770b\u91cd\u9ec4\u91d1\u7684\u539f\u56e0\u662f\u5b83\u5728\u751f\u4ea7\u6027\u516c\u53f8\u4e2d\u7684\u5e94\u7528\u53ca\u5176\u5185\u5728\u9700\u6c42\uff0c\u4e3a\u4ec0\u4e48\u4e0d\u76f4\u63a5\u6295\u8d44\u8fd9\u4e9b\u4ea7\u751f\u73b0\u91d1\u6d41\u3001\u5206\u7ea2\u6216\u6536\u76ca\u7684\u751f\u4ea7\u6027\u516c\u53f8\uff0c\u800c\u662f\u9009\u62e9\u6295\u8d44\u9ec4\u91d1\uff1f<\/strong><\/p>\n Peter Schiff<\/strong>\uff1a\u6211\u786e\u5b9e\u4e5f\u5728\u6295\u8d44\u9ec4\u91d1\u77ff\u4e1a\u516c\u53f8\uff0c\u6211\u5bf9\u91d1\u77ff\u80a1\u5f88\u611f\u5174\u8da3\uff0c\u8ba4\u4e3a\u5b83\u4eec\u76f8\u5bf9\u4e8e\u9ec4\u91d1\u7684\u5386\u53f2\u4f30\u503c\u975e\u5e38\u4fbf\u5b9c\uff0c\u672a\u6765\u6709\u5f88\u5927\u4e0a\u6da8\u7a7a\u95f4\u3002\u4f46\u540c\u65f6\uff0c\u8fd9\u4e9b\u80a1\u7968\u7684\u98ce\u9669\u4e5f\u6bd4\u76f4\u63a5\u6301\u6709\u9ec4\u91d1\u5927\u5f97\u591a\u3002\u534e\u5c14\u8857\u5bf9\u77ff\u4e1a\u80a1\u7968\u7684\u6295\u8d44\u6bd4\u4f8b\u76ee\u524d\u8f83\u4f4e\uff0c\u56e0\u6b64\u6211\u8ba4\u4e3a\u8fd9\u662f\u4e00\u4e2a\u771f\u6b63\u7684\u673a\u4f1a\uff0c\u5c3d\u7ba1\u4e5f\u6709\u98ce\u9669\u3002<\/p>\n \u6211\u63a8\u8350\u6295\u8d44\u8fd9\u4e9b\u80a1\u7968\uff0c\u56e0\u4e3a\u6211\u9884\u8ba1\u9ec4\u91d1\u4f1a\u5927\u5e45\u4e0a\u6da8\uff0c\u4ece\u800c\u5e26\u52a8\u77ff\u4e1a\u80a1\u7968\u7684\u6da8\u5e45\u3002\u9ec4\u91d1\u867d\u7136\u53ef\u80fd\u4f1a\u77ed\u671f\u56de\u8c03\uff0c\u4f46\u957f\u671f\u8d8b\u52bf\u4f9d\u7136\u5411\u4e0a\u3002\u4e0e\u5176\u4ed6\u8d44\u4ea7\u76f8\u6bd4\uff0c\u9ec4\u91d1\u7684\u56de\u62a5\u6f5c\u529b\u66f4\u5927\uff0c\u98ce\u9669\u76f8\u5bf9\u8f83\u5c0f\u3002\u76f8\u6bd4\u4e8e\u76f4\u63a5\u6301\u6709\u9ec4\u91d1\uff0c\u6295\u8d44\u91d1\u77ff\u516c\u53f8\u80a1\u7968\u53ef\u80fd\u4f1a\u5e26\u6765\u66f4\u9ad8\u7684\u56de\u62a5\u3002<\/p>\n \u5bf9\u4e8e\u6bd4\u7279\u5e01\u6295\u8d44\u8005\uff0c\u5982\u679c\u4f60\u60f3\u8ffd\u6c42\u9ad8\u56de\u62a5\uff0c\u91d1\u77ff\u80a1\u53ef\u80fd\u662f\u66f4\u597d\u7684\u9009\u62e9\u3002\u6700\u597d\u7684\u6295\u8d44\u7b56\u7565\u662f\u5206\u6563\u6295\u8d44\uff0c\u6211\u7684 Euro Pacific Gold Fund \u7531\u884c\u4e1a\u4e13\u5bb6 Adrian Day \u7ba1\u7406\uff0c\u4ed6\u6709\u7740\u4e30\u5bcc\u7684\u7ecf\u9a8c\u3002\u5982\u679c\u4f60\u6709\u6298\u6263\u7ecf\u7eaa\u8d26\u6237\uff0c\u53ef\u4ee5\u8003\u8651\u6295\u8d44\u8fd9\u652f\u57fa\u91d1\u3002\u603b\u4e4b\uff0c\u5982\u679c\u4f60\u5bf9\u6bd4\u7279\u5e01\u611f\u5230\u4e0d\u5b89\uff0c\u91d1\u77ff\u80a1\u53ef\u80fd\u662f\u4e00\u4e2a\u66f4\u6709\u524d\u9014\u7684\u9009\u62e9\u3002<\/p>\n GenZ \u7684\u66ff\u4ee3\u54c1<\/strong><\/p>\n Ryan\uff1a\u8003\u8651\u5230\u5343\u79a7\u4e00\u4ee3\u548c Z \u4e16\u4ee3\u66f4\u503e\u5411\u4e8e\u4f7f\u7528\u6570\u5b57\u6280\u672f\u548c\u52a0\u5bc6\u8d27\u5e01\uff0c\u800c\u4e0d\u662f\u4f20\u7edf\u7684\u9ec4\u91d1\uff0c\u4f60\u662f\u5426\u62c5\u5fc3\u8fd9\u4f1a\u5f71\u54cd\u9ec4\u91d1\u4f5c\u4e3a\u4ef7\u503c\u5b58\u50a8\u624b\u6bb5\u7684\u672a\u6765\uff1f<\/strong><\/p>\n Peter Schiff<\/strong>\uff1a\u6211\u5e76\u4e0d\u62c5\u5fc3\uff0c\u9996\u5148\uff0c\u6211\u8ba4\u4e3a\u968f\u7740\u65f6\u95f4\u7684\u63a8\u79fb\uff0c\u5e74\u8f7b\u4eba\u4f1a\u6210\u719f\u5e76\u7406\u89e3\u9ec4\u91d1\u7684\u4ef7\u503c\u3002\u5f53\u4ed6\u4eec\u79ef\u7d2f\u8d22\u5bcc\u5e76\u9762\u4e34\u7ecf\u6d4e\u73b0\u5b9e\u65f6\uff0c\u4ed6\u4eec\u53ef\u80fd\u4f1a\u610f\u8bc6\u5230\u9ec4\u91d1\u4f5c\u4e3a\u4ef7\u503c\u50a8\u5b58\u624b\u6bb5\u7684\u53ef\u9760\u6027\u3002\u6b64\u5916\uff0c\u5c3d\u7ba1\u5e74\u8f7b\u4eba\u5bf9\u6570\u5b57\u8d27\u5e01\u611f\u5174\u8da3\uff0c\u4f46\u6bd4\u7279\u5e01\u5e76\u6ca1\u6709\u771f\u6b63\u7684\u5185\u5728\u4ef7\u503c\u652f\u6301\uff0c\u8fd9\u4e0e\u9ec4\u91d1\u4e0d\u540c\uff0c\u9ec4\u91d1\u5728\u5386\u53f2\u4e0a\u4e00\u76f4\u662f\u4e00\u79cd\u7a33\u5b9a\u7684\u4ef7\u503c\u5b58\u50a8\u5de5\u5177\u3002\u800c\u4e14\uff0c\u5f53\u901a\u80c0\u538b\u529b\u589e\u52a0\uff0c\u6cd5\u5e01\u8d2c\u503c\u65f6\uff0c\u9ec4\u91d1\u7684\u771f\u6b63\u4ef7\u503c\u4f1a\u66f4\u52a0\u660e\u663e\u3002<\/p>\n \u6bd4\u7279\u5e01\u76ee\u524d\u7684\u6d41\u884c\u662f\u56e0\u4e3a\u5b83\u662f\u4e00\u79cd\u65b0\u7684\u3001\u65f6\u9ae6\u7684\u6280\u672f\uff0c\u4f46\u8fd9\u79cd\u70ed\u6f6e\u53ef\u80fd\u4f1a\u968f\u7740\u65f6\u95f4\u7684\u63a8\u79fb\u800c\u51cf\u5f31\u3002\u6700\u7ec8\uff0c\u6295\u8d44\u8005\u5c06\u4f1a\u56de\u5f52\u90a3\u4e9b\u7ecf\u8fc7\u65f6\u95f4\u8003\u9a8c\u7684\u8d44\u4ea7\u3002<\/p>\n \u5373\u4fbf\u5e74\u8f7b\u4eba\u4e0d\u6234\u9ec4\u91d1\u9970\u54c1\uff0c\u4ed6\u4eec\u7684\u624b\u673a\u6216\u5176\u4ed6\u7535\u5b50\u8bbe\u5907\u91cc\u4e5f\u542b\u6709\u9ec4\u91d1\uff0c\u4ed6\u4eec\u53ef\u80fd\u5e76\u6ca1\u6709\u610f\u8bc6\u5230\u81ea\u5df1\u5176\u5b9e\u62e5\u6709\u9ec4\u91d1\u3002\u6211\u8ba4\u4e3a\u4eba\u53e3\u7ed3\u6784\u53cd\u800c\u5bf9\u6211\u6709\u5229\uff0c\u56e0\u4e3a\u6240\u6709\u8fd9\u4e9b\u5e74\u8f7b\u4eba\u90fd\u4f1a\u9010\u6e10\u53d8\u8001\uff0c\u800c\u968f\u7740\u4ed6\u4eec\u5e74\u9f84\u7684\u589e\u957f\uff0c\u4ed6\u4eec\u4f1a\u53d8\u5f97\u66f4\u6709\u667a\u6167\uff0c\u5b66\u4f1a\u4ece\u9519\u8bef\u4e2d\u5438\u53d6\u6559\u8bad\u3002\u6240\u4ee5\u73b0\u5728\u8fd9\u4e9b\u4e8c\u5341\u51e0\u5c81\u7684\u5e74\u8f7b\u4eba\u53ef\u80fd\u70ed\u8877\u4e8e\u6bd4\u7279\u5e01\uff0c\u4f46\u7b49\u5230\u4ed6\u4eec\u56db\u5341\u51e0\u5c81\u7684\u65f6\u5019\uff0c\u4ed6\u4eec\u5c31\u4f1a\u8f6c\u5411\u9ec4\u91d1\u4e86\u3002<\/p>\n \u6bcf\u4e2a\u4eba\u5e74\u8f7b\u65f6\u90fd\u4f1a\u89c9\u5f97\u81ea\u5df1\u61c2\u5f97\u66f4\u591a\uff0c\u4f46\u5b9e\u9645\u4e0a\u4ed6\u4eec\u5f88\u5929\u771f\uff0c\u8fd8\u4e0d\u61c2\u771f\u6b63\u7684\u9053\u7406\u3002\u4f46\u8fd9\u4e9b\u4e1c\u897f\u6765\u6765\u53bb\u53bb\uff0c\u6ca1\u4ec0\u4e48\u65b0\u9c9c\u7684\u3002\u6b63\u5982\u6211\u6240\u8bf4\uff0c\u8fd9\u4e0d\u8fc7\u662f\u4e00\u4e2a\u91cd\u65b0\u5305\u88c5\u7684\u9a97\u5c40\uff0c\u6bcf\u6b21\u5c1d\u8bd5\u90fd\u4f1a\u5d29\u6e83\uff0c\u4e0d\u7ba1\u4f60\u600e\u4e48\u91cd\u65b0\u5305\u88c5\uff0c\u672c\u8d28\u8fd8\u662f\u90a3\u6837\u3002<\/p>\n Ryan\uff1a\u5982\u679c\u6280\u672f\u8fdb\u6b65\u4f7f\u6211\u4eec\u80fd\u627e\u5230\u66f4\u4fbf\u5b9c\u7684\u6750\u6599\u6765\u66ff\u4ee3\u9ec4\u91d1\uff0c\u800c\u9ec4\u91d1\u4ef7\u683c\u4e0a\u6da8 10 \u500d\uff0c\u8fd9\u662f\u5426\u53ef\u80fd\u4fc3\u4f7f\u6211\u4eec\u5bfb\u627e\u66ff\u4ee3\u54c1\u6216\u51cf\u5c11\u5bf9\u9ec4\u91d1\u7684\u4f7f\u7528\uff1f<\/strong><\/p>\n Peter Schiff<\/strong>\uff1a\u522b\u5fd8\u4e86\uff0c\u5176\u4ed6\u91d1\u5c5e\u7684\u4ef7\u683c\u4e5f\u5728\u4e0a\u6da8\uff0c\u9ec4\u91d1\u7684\u72ec\u7279\u6027\u8d28\u5728\u8bb8\u591a\u5de5\u4e1a\u5e94\u7528\u4e2d\u96be\u4ee5\u88ab\u66ff\u4ee3\uff0c\u5373\u4f7f\u627e\u5230\u5176\u4ed6\u91d1\u5c5e\uff0c\u5b83\u4eec\u4e5f\u53ef\u80fd\u6ca1\u6709\u9ec4\u91d1\u7684\u7a33\u5b9a\u6027\u548c\u53ef\u9760\u6027\u3002\u91d1\u4ef7\u9700\u8981\u4e0a\u6da8\u5230\u975e\u5e38\u9ad8\u7684\u6c34\u5e73\uff0c\u624d\u4f1a\u5bf9\u8fd9\u4e9b\u5e94\u7528\u4ea7\u751f\u5b9e\u8d28\u6027\u5f71\u54cd\u3002<\/p>\n Ryan\uff1a \u4f60\u8ba4\u4e3a\u81ea\u7531\u5e02\u573a\u5e94\u8be5\u51b3\u5b9a\u8fd9\u4e9b\u8d27\u5e01\u5b9e\u9a8c\u7684\u7ed3\u679c\uff0c\u8fd8\u662f\u653f\u5e9c\u5e94\u8be5\u5c06\u6bd4\u7279\u5e01\u548c\u52a0\u5bc6\u8d27\u5e01\u5b9a\u4e3a\u975e\u6cd5\uff0c\u4ee5\u9632\u6b62\u5b83\u4eec\u6210\u4e3a\u65c1\u6c0f\u9a97\u5c40\uff1f<\/strong><\/p>\n Peter Schiff<\/strong>\uff1a\u6211\u8ba4\u4e3a\u4eba\u4eec\u6709\u6743\u81ea\u7531\u652f\u914d\u81ea\u5df1\u7684\u94b1\uff0c\u5305\u62ec\u627f\u62c5\u4e8f\u635f\u6216\u8fdb\u884c\u8d4c\u535a\u3002\u6211\u652f\u6301\u8fd9\u79cd\u81ea\u7531\uff0c\u4e5f\u4e0d\u4f1a\u652f\u6301\u7981\u6b62\u4f53\u80b2\u535a\u5f69\u3001\u4e8c\u5341\u4e00\u70b9\u6216\u6251\u514b\u3002\u4f46\u5982\u679c\u6709\u4eba\u56e0\u865a\u5047\u5ba3\u4f20\u800c\u635f\u5931\u4e86\u94b1\uff0c\u6211\u8ba4\u4e3a\u4ed6\u4eec\u6709\u6743\u8bc9\u8bf8\u6cd5\u5f8b\uff0c\u5c24\u5176\u662f\u90a3\u4e9b\u5ba3\u4f20\u6bd4\u7279\u5e01\u7684\u91d1\u878d\u5a92\u4f53\uff0c\u6700\u7ec8\uff0c\u5f88\u591a\u4eba\u53ef\u80fd\u4f1a\u56e0\u4e3a\u8fd9\u4e9b\u865a\u5047\u627f\u8bfa\u800c\u5bfb\u6c42\u8d54\u507f\u3002<\/p>\n \u5c3d\u7ba1\u6211\u53cd\u5bf9\u76ee\u524d\u7684\u53cd\u6d17\u94b1\u89c4\u5b9a\uff08AML\uff09\uff0c\u8ba4\u4e3a\u5b83\u4eec\u4fb5\u72af\u9690\u79c1\u5e76\u53ef\u80fd\u5bfc\u81f4\u6781\u6743\u4e3b\u4e49\uff0c\u4f46\u6211\u53cd\u5bf9\u8fd9\u4e9b\u89c4\u5219\u7684\u4e0d\u4ec5\u4ec5\u662f\u9488\u5bf9\u6bd4\u7279\u5e01\uff0c\u6211\u4e0d\u8ba4\u4e3a\u6bd4\u7279\u5e01\u662f\u8bc1\u5238\uff0c\u4f46\u672a\u6765\u53ef\u80fd\u4f1a\u6709\u53d8\u52a8\u3002\u4e00\u4e9b\u4ee3\u5e01\u786e\u5b9e\u7b26\u5408\u8bc1\u5238\u7684\u5b9a\u4e49\uff0c\u5305\u62ec\u653f\u5e9c\u7684 Howey \u6d4b\u8bd5\u6807\u51c6\u3002<\/p>\n \u6bd4\u7279\u5e01\u7684\u76d1\u7ba1\u4e0d\u65ad\u589e\u52a0\uff0c\u524a\u5f31\u4e86\u5b83\u7684\u539f\u59cb\u4f18\u52bf\uff0c\u6700\u521d\uff0c\u6bd4\u7279\u5e01\u5141\u8bb8\u533f\u540d\u4ea4\u6613\uff0c\u53bb\u4e2d\u5fc3\u5316\uff0c\u81ea\u6211\u6258\u7ba1\uff0c\u5e76\u4e14\u4ea4\u6613\u6210\u672c\u4f4e\u3002\u4f46\u73b0\u5728\uff0c\u8fd9\u4e9b\u4f18\u70b9\u5df2\u7ecf\u4e0d\u518d\u660e\u663e\u3002<\/p>\n \u5f53\u6bd4\u7279\u5e01\u5728 2017 \u5e74\u6da8\u5230 1000 \u7f8e\u5143\u65f6\uff0c\u6211\u5f00\u59cb\u5173\u6ce8\u5b83\uff0c\u4f46\u6700\u7ec8\u8fd8\u662f\u6ca1\u6709\u8d2d\u4e70\uff0c\u56e0\u4e3a\u6211\u8ba4\u4e3a\u6bd4\u7279\u5e01\u7684\u4e0a\u6da8\u6f5c\u529b\u5df2\u7ecf\u6d88\u5931\uff0c\u5373\u4f7f\u5b83\u6709\u53ef\u80fd\u6da8\u5230 200,000 \u7f8e\u5143\uff0c\u4f46\u76f8\u8f83\u4e8e\u5b83\u53ef\u80fd\u5d29\u6e83\u7684\u98ce\u9669\uff0c\u8fd9\u6837\u7684\u6536\u76ca\u5e76\u4e0d\u5438\u5f15\u6211\u3002\u6211\u66f4\u613f\u610f\u628a\u8d44\u91d1\u6295\u5165\u9ec4\u91d1\u77ff\u4e1a\u80a1\u7968\uff0c\u8fd9\u4e9b\u80a1\u7968\u6709\u66f4\u5927\u7684\u4e0a\u6da8\u6f5c\u529b\u3002<\/p>\n \u5173\u4e8e\u8d22\u5bcc\u4e0e\u6295\u8d44<\/strong><\/p>\n Ryan\uff1a\u6211\u60f3\u56de\u5230\u6211\u4eec\u90fd\u8ba4\u540c\u7684\u57fa\u7840\u95ee\u9898\uff0c\u6211\u4eec\u662f\u5426\u5e94\u8be5\u5e9f\u9664\u7f8e\u8054\u50a8\uff1f\u5982\u679c\u662f\u7684\u8bdd\uff0c\u4e3a\u4ec0\u4e48\uff1f<\/strong><\/p>\n Peter Schiff<\/strong>\uff1a\u53d6\u51b3\u4e8e\u6211\u4eec\u7528\u4ec0\u4e48\u53d6\u4ee3\u5b83\uff0c\u5982\u679c\u6211\u4eec\u5e9f\u9664\u7f8e\u8054\u50a8\uff0c\u5e76\u4e14\u4e0d\u518d\u5f15\u5165\u4efb\u4f55\u66ff\u4ee3\u673a\u6784\uff0c\u56de\u5230\u7f8e\u8054\u50a8\u6210\u7acb\u4e4b\u524d\u7684\u7cfb\u7edf\uff0c\u6211\u5b8c\u5168\u652f\u6301\u3002\u5728\u7f8e\u8054\u50a8\u6210\u7acb\u4e4b\u524d\uff0c\u6211\u4eec\u6709\u5f88\u591a\u533a\u57df\u6027\u94f6\u884c\uff0c\u5b83\u4eec\u662f\u79c1\u4eba\u62e5\u6709\u7684\u94f6\u884c\uff0c\u53d1\u884c\u4ee5\u9ec4\u91d1\u4e3a\u80cc\u4e66\u7684\u7eb8\u5e01\uff0c\u5f53\u65f6\u6ca1\u6709\u4efb\u4f55\u4e00\u5bb6\u94f6\u884c\u88ab\u8d4b\u4e88\u8d85\u8d8a\u5176\u4ed6\u94f6\u884c\u7684\u7279\u6743\uff0c\u8fd9\u5b8c\u5168\u662f\u81ea\u7531\u5e02\u573a\u7ade\u4e89\u3002\u5982\u679c\u6211\u4eec\u80fd\u56de\u5230\u7f8e\u8054\u50a8\u6210\u7acb\u4e4b\u524d\u7684\u7cfb\u7edf\uff0c\u6211\u4eec\u7edd\u5bf9\u5e94\u8be5\u5e9f\u9664\u7f8e\u8054\u50a8\u3002\u95ee\u9898\u5728\u4e8e\uff0c\u5982\u679c\u5e9f\u9664\u7f8e\u8054\u50a8\u540e\uff0c\u76f4\u63a5\u628a\u5370\u949e\u673a\u4ea4\u7ed9\u56fd\u4f1a\uff0c\u8ba9\u4ed6\u4eec\u81ea\u5df1\u5370\u949e\u7968\uff0c\u90a3\u60c5\u51b5\u53ef\u80fd\u4f1a\u66f4\u7cdf\u3002<\/p>\n Ryan\uff1a\u5982\u679c\u4f60\u662f\u603b\u7edf\uff0c\u4f60\u7684\u7ecf\u6d4e\u653f\u7b56\u4f1a\u662f\u4ec0\u4e48\uff1f<\/strong><\/p>\n Peter Schiff<\/strong>\uff1a\u6211\u7684\u76ee\u6807\u662f\u64a4\u9500\u73b0\u6709\u7684\u653f\u7b56\uff0c\u6211\u66fe\u7ecf\u7ade\u9009\u8fc7\u53c2\u8bae\u5458\uff0c\u5f53\u7136\u6ca1\u6709\u8d62\u3002\u4f46\u6211\u5f53\u65f6\u5c31\u8bf4\uff0c\u6211\u7684\u76ee\u6807\u4e0d\u662f\u505a\u4efb\u4f55\u65b0\u4e8b\uff0c\u800c\u662f\u64a4\u9500\u4e00\u5207\u3002\u56e0\u4e3a\u6bcf\u5f53\u6211\u5e9f\u9664\u4e00\u9879\u6cd5\u5f8b\uff0c\u5c31\u4f1a\u6062\u590d\u4e00\u90e8\u5206\u88ab\u6cd5\u5f8b\u5265\u593a\u7684\u81ea\u7531\u3002<\/p>\n \u6211\u5e0c\u671b\u5c3d\u53ef\u80fd\u5730\u51cf\u5c11\u653f\u5e9c\uff0c\u5e9f\u9664\u90a3\u4e9b\u672c\u4e0d\u8be5\u5efa\u7acb\u7684\u673a\u6784\u548c\u90e8\u95e8\u3002\u6211\u4f1a\u52aa\u529b\u6062\u590d\u5baa\u6cd5\u53ca\u5176\u6700\u521d\u7684\u7406\u5ff5\u2014\u2014\u4e00\u4e2a\u975e\u5e38\u6709\u9650\u7684\u8054\u90a6\u653f\u5e9c\uff0c\u6743\u529b\u662f\u5c11\u800c\u660e\u786e\u7684\uff0c\u6211\u5e0c\u671b\u653f\u5e9c\u80fd\u591f\u5728\u5baa\u6cd5\u7684\u6846\u67b6\u5185\u8fd0\u884c\u3002<\/p>\n \u540c\u65f6\uff0c\u6211\u4f1a\u5bf9\u7f8e\u56fd\u516c\u4f17\u5766\u8bda\u76f8\u544a\uff0c\u5173\u4e8e\u5404\u79cd\u793e\u4f1a\u798f\u5229\u9879\u76ee\uff0c\u6bd4\u5982\u793e\u4f1a\u4fdd\u969c\u3001\u533b\u7597\u4fdd\u9669\u3001\u533b\u7597\u8865\u52a9\u7b49\uff0c\u6211\u4eec\u4f1a\u53d6\u6d88\u8fd9\u4e9b\u9879\u76ee\u3002\u793e\u4f1a\u4fdd\u969c\u4f53\u7cfb\u5c31\u662f\u4e00\u4e2a\u7531\u653f\u5e9c\u8fd0\u8425\u7684\u5e9e\u6c0f\u9a97\u5c40\uff0c\u8fd9\u4f7f\u5f97\u5b83\u6bd4\u79c1\u4eba\u9886\u57df\u7684\u5e9e\u6c0f\u9a97\u5c40\u66f4\u7cdf\u7cd5\uff0c\u56e0\u4e3a\u4eba\u4eec\u88ab\u8feb\u53c2\u4e0e\u8fd9\u4e2a\u9a97\u5c40\uff0c\u6700\u7ec8\u4f1a\u6709\u66f4\u591a\u4eba\u906d\u53d7\u635f\u5931\u3002<\/p>\n \u5f53\u7136\uff0c\u6211\u4f1a\u5bfb\u627e\u529e\u6cd5\u5e2e\u52a9\u90a3\u4e9b\u56e0\u793e\u4f1a\u4fdd\u969c\u4f53\u7cfb\u800c\u9677\u5165\u56f0\u5883\u7684\u4eba\u4eec\u3002\u6ca1\u6709\u793e\u4f1a\u4fdd\u969c\uff0c\u4ed6\u4eec\u53ef\u80fd\u4e0d\u4f1a\u5904\u4e8e\u8fd9\u6837\u7684\u7ecf\u6d4e\u56f0\u5883\u3002\u5982\u679c\u653f\u5e9c\u6ca1\u6709\u5f81\u7a0e\u5e76\u627f\u8bfa\u793e\u4f1a\u4fdd\u969c\uff0c\u4ed6\u4eec\u53ef\u80fd\u4f1a\u81ea\u5df1\u50a8\u84c4\u9000\u4f11\u8d44\u91d1\u3002\u56e0\u6b64\uff0c\u867d\u7136\u4e0d\u80fd\u7acb\u523b\u53d6\u6d88\u793e\u4f1a\u4fdd\u969c\uff0c\u6211\u4eec\u53ef\u4ee5\u5236\u5b9a\u6807\u51c6\uff0c\u63a8\u51fa\u65b0\u7684\u798f\u5229\u9879\u76ee\uff0c\u6bd4\u5982\u5e74\u91d1\uff0c\u4ee5\u4fdd\u969c\u4ed6\u4eec\u7684\u751f\u6d3b\u3002<\/p>\n \u4f46\u5bf9\u4e8e\u5bcc\u6709\u7684\u4eba\uff0c\u6211\u4e0d\u5e0c\u671b\u6839\u636e\u6536\u5165\u6765\u51b3\u5b9a\u662f\u5426\u9886\u53d6\u793e\u4f1a\u4fdd\u969c\u3002\u62e5\u6709\u8d22\u5bcc\u7684\u4eba\uff0c\u5982\u623f\u4ea7\u548c\u80a1\u7968\u6295\u8d44\u7ec4\u5408\uff0c\u4e0d\u5e94\u9886\u53d6\u793e\u4f1a\u4fdd\u969c\uff0c\u56e0\u4e3a\u4ed6\u4eec\u6709\u8db3\u591f\u7684\u8d22\u5bcc\u81ea\u7ed9\u81ea\u8db3\u3002<\/p>\n \u6211\u4e0d\u613f\u610f\u7528\u7a77\u4eba\u7684\u94b1\u6765\u8865\u8d34\u5bcc\u4eba\u7684\u9057\u4ea7\uff0c\u4e5f\u4e0d\u6253\u7b97\u8ba9\u7a77\u4eba\u4e3a\u5bcc\u4eba\u7684\u7ee7\u627f\u6743\u4e70\u5355\u3002\u6211\u4eec\u9700\u8981\u5bf9\u516c\u4f17\u8bda\u5b9e\uff0c\u53d6\u6d88\u8fd9\u4e9b\u798f\u5229\uff0c\u5e76\u8ba9\u653f\u5e9c\u9000\u51fa\u94f6\u884c\u4e1a\u3001\u6559\u80b2\u548c\u533b\u7597\u9886\u57df\u3002\u6211\u5e0c\u671b\u81ea\u7531\u5e02\u573a\u6765\u7ba1\u7406\u533b\u7597\u548c\u6559\u80b2\uff0c\u5c31\u50cf\u653f\u5e9c\u4e0d\u53c2\u4e0e\u79d1\u6280\u884c\u4e1a\u4e00\u6837\u3002\u79d1\u6280\u884c\u4e1a\u56e0\u653f\u5e9c\u7f3a\u5e2d\u800c\u7e41\u8363\uff0c\u800c\u533b\u7597\u548c\u6559\u80b2\u9886\u57df\u5374\u56e0\u653f\u5e9c\u5e72\u9884\u800c\u53d7\u5230\u5f71\u54cd\u3002<\/p>\n \u6b64\u5916\uff0c\u6211\u8fd8\u4f1a\u9009\u62e9\u5bf9\u56fd\u5bb6\u503a\u52a1\u8fdd\u7ea6\uff0c\u56e0\u4e3a\u6211\u4eec\u65e0\u529b\u507f\u8fd8\u3002\u6211\u4f1a\u5766\u8bda\u5730\u544a\u8bc9\u503a\u6743\u4eba\uff0c\u6211\u4eec\u7834\u4ea7\u4e86\uff0c\u65e0\u6cd5\u507f\u8fd8\u3002\u5e9f\u9664\u7f8e\u8054\u50a8\uff0c\u5229\u7387\u5c06\u5927\u5e45\u4e0a\u5347\uff0c\u5047\u8bbe\u5229\u7387\u8fbe\u5230 10%\uff0c\u6211\u4eec\u65e0\u6cd5\u652f\u4ed8 35 \u4e07\u4ebf\u7f8e\u5143\u503a\u52a1\u7684 10% \u5e74\u5229\u606f\u3002<\/p>\n \u6211\u4f1a\u544a\u8bc9\u503a\u6743\u4eba\uff0c\u4ed6\u4eec\u4e0d\u4f1a\u5f97\u5230\u5168\u90e8\u517b\u8001\u91d1\u6216\u6bcf\u7f8e\u5143 100 \u7f8e\u5206\u7684\u507f\u8fd8\uff0c\u56e0\u4e3a\u7f8e\u56fd\u516c\u4f17\u6ca1\u6709\u90a3\u4e48\u591a\u94b1\u3002\u867d\u7136\u6709\u635f\u5931\uff0c\u4f46\u5982\u679c\u7ee7\u7eed\u5f53\u524d\u9053\u8def\uff0c\u635f\u5931\u4f1a\u66f4\u5927\u3002\u6211\u5b81\u613f\u635f\u5931\u4e00\u534a\u7684\u94b1\uff0c\u4e5f\u4e0d\u613f\u94b1\u4fdd\u6301\u4e0d\u53d8\u4f46\u5931\u53bb 90% \u7684\u8d2d\u4e70\u529b\u3002<\/p>\n \u56e0\u6b64\uff0c\u6bcf\u5f53\u770b\u5230\u5173\u4e8e\u503a\u52a1\u4e0a\u9650\u7684\u8ba8\u8bba\u65f6\uff0c\u6211\u89c9\u5f97\u5f88\u53ef\u7b11\u3002\u6709\u4eba\u8bf4\uff1a\u300c\u7f8e\u56fd\u603b\u662f\u4f1a\u8fd8\u503a\uff0c\u6211\u4eec\u9700\u8981\u63d0\u9ad8\u503a\u52a1\u4e0a\u9650\u3002\u300d\u5b9e\u9645\u4e0a\uff0c\u6211\u4eec\u9700\u8981\u63d0\u9ad8\u503a\u52a1\u4e0a\u9650\uff0c\u662f\u56e0\u4e3a\u4ece\u672a\u8fd8\u503a\uff0c\u60f3\u7ee7\u7eed\u4e0d\u8fd8\u503a\u7684\u751f\u6d3b\u3002\u771f\u6b63\u8d1f\u8d23\u4efb\u7684\u505a\u6cd5\u662f\u7ef4\u6301\u5f53\u524d\u503a\u52a1\u4e0a\u9650\u3002\u6700\u521d\u8bbe\u7acb\u503a\u52a1\u4e0a\u9650\u662f\u4e3a\u4e86\u9632\u6b62\u653f\u5e9c\u8fc7\u5ea6\u53d1\u884c\u503a\u5238\uff0c\u4f46\u56fd\u4f1a\u53ef\u4ee5\u968f\u610f\u63d0\u9ad8\u4e0a\u9650\uff0c\u8fd9\u4e2a\u300c\u4e0a\u9650\u300d\u5b9e\u9645\u4e0a\u53ea\u662f\u540d\u4e49\u4e0a\u7684\u3002<\/p>\n David\uff1a \u6211\u4eec\u6765\u8c08\u8c08\u80a1\u7968\u5e02\u573a\uff0c\u80a1\u7968\u5e02\u573a\u73b0\u5728\u662f\u9ad8\u4f30\u3001\u4f4e\u4f30\uff0c\u8fd8\u662f\u516c\u5e73\u5b9a\u4ef7\u5462\uff1f<\/strong><\/p>\n Peter Schiff<\/strong>\uff1a \u80a1\u7968\u5e02\u573a\u76ee\u524d\u88ab\u9ad8\u4f30\u4e86\uff0c\u4f46\u8fd9\u5e76\u4e0d\u610f\u5473\u7740\u5b83\u4f1a\u5927\u5e45\u4e0b\u8dcc\u3002\u7531\u4e8e\u8d27\u5e01\u8fc7\u5ea6\u53d1\u884c\uff0c\u80a1\u7968\u5e02\u573a\u7684\u540d\u4e49\u4ef7\u683c\u53ef\u80fd\u4f1a\u4e0a\u6da8\u3002\u5982\u679c\u7528\u9ec4\u91d1\u6765\u8861\u91cf\u80a1\u7968\u5e02\u573a\u7684\u771f\u5b9e\u4ef7\u503c\uff0c\u4ef7\u683c\u5c06\u663e\u8457\u964d\u4f4e\u3002\u8fc7\u53bb 23 \u5e74\uff0c\u9053\u743c\u65af\u6307\u6570\u6da8\u4e86\u56db\u500d\uff0c\u800c\u9ec4\u91d1\u6da8\u4e86\u516b\u500d\uff0c\u4ee5\u9ec4\u91d1\u8ba1\u4ef7\uff0c\u9053\u743c\u65af\u6307\u6570\u5df2\u8dcc\u4e86 50%\u3002\u8fd9\u79cd\u8d8b\u52bf\u53ef\u80fd\u4f1a\u7ee7\u7eed\uff0c\u5e76\u52a0\u901f\u3002<\/p>\n \u6211\u8ba4\u4e3a\u5e02\u573a\u8fd8\u6709\u5f88\u957f\u7684\u4e0b\u8dcc\u8def\u8981\u8d70\uff0c\u7279\u522b\u662f\u79d1\u6280\u80a1\u53ef\u80fd\u4f1a\u7ecf\u5386\u8f83\u5927\u8c03\u6574\u3002\u5c3d\u7ba1\u6211\u5bf9\u6280\u672f\u672a\u6765\u6301\u4e50\u89c2\u6001\u5ea6\uff0c\u4f46\u79d1\u6280\u80a1\u7684\u9ad8\u4f30\u503c\u5df2\u7ecf\u88ab\u5e02\u573a\u4ef7\u683c\u6d88\u5316\u3002\u73b0\u5728\u8bb8\u591a\u8d44\u91d1\u96c6\u4e2d\u5728\u6240\u8c13\u7684\u300c\u79d1\u6280\u4e03\u5de8\u5934\u300d\u4e0a\uff0c\u8fd9\u662f\u4e00\u7b14\u62e5\u6324\u7684\u4ea4\u6613\uff0c\u6700\u7ec8\u5e02\u573a\u5c06\u4f1a\u6d17\u724c\u3002<\/p>\n \u7f8e\u8054\u50a8\u5c06\u7ee7\u7eed\u5370\u94b1\uff0c\u8fd9\u79cd\u60c5\u51b5\u4e0b\u80a1\u5e02\u770b\u8d77\u6765\u53ef\u80fd\u4f1a\u66f4\u9ad8\uff0c\u4f46\u8fd9\u53ea\u662f\u8861\u91cf\u65b9\u5f0f\u7684\u6539\u53d8\uff0c\u5e76\u4e0d\u610f\u5473\u7740\u5b9e\u9645\u4ef7\u503c\u63d0\u9ad8\u3002\u9ec4\u91d1\u7684\u4ef7\u503c\u7a33\u5b9a\u4e0d\u53d8\uff0c\u800c\u76ee\u524d\u7ecf\u6d4e\u529f\u80fd\u4e25\u91cd\u5931\u6548\u3002\u56fd\u5bb6\u50a8\u84c4\u7387\u521b\u5386\u53f2\u65b0\u4f4e\uff0c\u6d88\u8d39\u8005\u503a\u52a1\u3001\u4fe1\u7528\u5361\u503a\u52a1\u3001\u4f01\u4e1a\u503a\u52a1\u548c\u653f\u5e9c\u503a\u52a1\u90fd\u5728\u521b\u7eaa\u5f55\uff0c\u623f\u5730\u4ea7\u5e02\u573a\u7279\u522b\u662f\u5546\u4e1a\u5730\u4ea7\u4e5f\u5728\u5d29\u6e83\uff0c\u94f6\u884c\u4f53\u7cfb\u9762\u4e34\u503a\u52a1\u95ee\u9898\u3002<\/p>\n \u6211\u4eec\u6b63\u7ecf\u5386\u5386\u53f2\u4e0a\u6700\u4e25\u91cd\u7684\u5546\u54c1\u8d38\u6613\u9006\u5dee\uff0c\u8d38\u6613\u8d64\u5b57\u548c\u56fd\u503a\u4e0d\u65ad\u6500\u5347\u3002\u56fd\u503a\u5df2\u63a5\u8fd1 35.3 \u4e07\u4ebf\u7f8e\u5143\uff0c\u5e74\u589e\u957f\u8d85\u8fc7 3 \u4e07\u4ebf\u7f8e\u5143\uff0c\u5229\u606f\u652f\u51fa\u5df2\u6210\u4e3a\u8054\u90a6\u9884\u7b97\u7684\u7b2c\u4e09\u5927\u5f00\u652f\u9879\u3002\u9884\u8ba1\u5728\u672a\u6765\u4e00\u5e74\u6216\u4e24\u5e74\uff0c\u5229\u606f\u652f\u51fa\u5c06\u8d85\u8d8a\u793e\u4f1a\u4fdd\u969c\u548c\u533b\u7597\u4fdd\u9669\uff0c\u6210\u4e3a\u653f\u5e9c\u6700\u5927\u652f\u51fa\u9879\u76ee\u3002\u8fd9\u79cd\u72b6\u51b5\u4e0d\u53ef\u6301\u7eed\uff0c\u6211\u4eec\u5c06\u9762\u4e34\u5d29\u6e83\u3002<\/p>\n \u53bb\u7f8e\u5143\u5316\u8d8b\u52bf\u5df2\u5f00\u59cb\uff0cBRIC \u56fd\u5bb6\u7b49\u51cf\u5c11\u7f8e\u5143\u6301\u6709\uff0c\u8f6c\u800c\u8d2d\u4e70\u9ec4\u91d1\u3002\u6563\u6237\u6295\u8d44\u8005\u5bf9\u9ec4\u91d1\u4fe1\u5fc3\u4e0d\u8db3\uff0c\u5bfc\u81f4\u9ec4\u91d1 ETF \u51fa\u73b0\u51c0\u8d4e\u56de\u3002\u56e0\u6b64\uff0c\u9ec4\u91d1\u73b0\u5728\u4fbf\u5b9c\uff0c\u800c\u80a1\u7968\u5219\u6602\u8d35\uff0c\u91d1\u878d\u5371\u673a\u5c06\u66f4\u52a0\u4e25\u91cd\u3002\u6211\u5728 2013 \u5e74\u7684\u4e66\u4e2d\u63d0\u5230\u7684\u300c\u771f\u6b63\u7684\u5d29\u6e83\u300d\u8fd8\u672a\u53d1\u751f\uff0c\u800c\u73b0\u5728\u6240\u6709\u8ff9\u8c61\u8868\u660e\u5b83\u5373\u5c06\u5230\u6765\uff0c\u5e76\u5c06\u6bd4\u5341\u5e74\u524d\u66f4\u4e25\u91cd\u3002<\/p>\n \u867d\u7136\u6211\u66fe\u51c6\u786e\u9884\u6d4b\u4e86\u623f\u5730\u4ea7\u5e02\u573a\u5d29\u6e83\u548c\u91d1\u878d\u5371\u673a\uff0c\u4f46\u8fd9\u53ea\u662f\u5e8f\u5e55\u3002\u771f\u6b63\u7684\u5d29\u6e83\u8fd8\u672a\u5230\u6765\uff0c\u800c\u73b0\u5728\u7684\u95ee\u9898\u6bd4\u4ee5\u5f80\u66f4\u52a0\u4e25\u91cd\uff0c\u503a\u52a1\u548c\u6ce1\u6cab\u90fd\u66f4\u5927\uff0c\u5e02\u573a\u9762\u4e34\u7684\u4e71\u5c40\u548c\u5371\u673a\u4e5f\u4f1a\u66f4\u52a0\u4e25\u91cd\u3002\u6211\u76f8\u4fe1\u6211\u7684\u7b56\u7565\u4f1a\u8ba9\u6211\u6700\u7ec8\u83b7\u5229\uff0c\u5e0c\u671b\u80fd\u4fdd\u4f4f\u8fd9\u4efd\u8d22\u5bcc\uff0c\u6bd5\u7adf\u6211\u73b0\u5728\u4f4f\u5728\u6ce2\u591a\u9ece\u5404\uff0c\u53ef\u4ee5\u514d\u9664\u8054\u90a6\u6240\u5f97\u7a0e\u548c\u8d44\u672c\u5229\u5f97\u7a0e\u3002<\/p>\n Ryan\uff1a\u5bf9\u4e8e\u8d22\u5bcc\u589e\u957f\uff0c\u4f60\u9075\u5faa\u54ea\u4e9b\u539f\u5219\uff1f<\/strong><\/p>\n Peter Schiff<\/strong>\uff1a\u8d22\u5bcc\u589e\u957f\u7684\u6700\u4f73\u9014\u5f84\u662f\u521b\u529e\u6210\u529f\u7684\u4f01\u4e1a\uff0c\u5c3d\u7ba1\u521b\u4e1a\u8270\u96be\uff0c\u4f46\u4f01\u4e1a\u5bb6\u5728\u8d44\u672c\u4e3b\u4e49\u4e2d\u626e\u6f14\u4e86\u5173\u952e\u89d2\u8272\u3002\u4ed6\u4eec\u9700\u8981\u51b3\u5b9a\u6bcf\u4e2a\u4eba\u7684\u5de5\u4f5c\u5185\u5bb9\uff0c\u63d0\u4f9b\u5de5\u5177\uff0c\u627f\u62c5\u98ce\u9669\uff0c\u5e76\u5e0c\u671b\u80fd\u6210\u529f\u3002\u76f8\u6bd4\u4e4b\u4e0b\uff0c\u5458\u5de5\u5373\u4f7f\u516c\u53f8\u4e0d\u76c8\u5229\u4e5f\u4f1a\u83b7\u5f97\u85aa\u6c34\uff0c\u800c\u4f01\u4e1a\u5bb6\u53ea\u6709\u5728\u76c8\u5229\u65f6\u624d\u80fd\u83b7\u76ca\u3002\u5982\u679c\u4f01\u4e1a\u4e8f\u635f\uff0c\u4f01\u4e1a\u5bb6\u8fd8\u5f97\u81ea\u638f\u8170\u5305\u586b\u8865\u4e8f\u7a7a\uff0c\u56e0\u6b64\uff0c\u521b\u4e1a\u6bd4\u6253\u5de5\u590d\u6742\u5f97\u591a\u3002<\/p>\n \u867d\u7136\u521b\u4e1a\u9700\u8981\u62b5\u62bc\u623f\u4ea7\u6216\u7b79\u96c6\u8d44\u91d1\uff0c\u4f46\u6210\u529f\u521b\u4e1a\u5f80\u5f80\u80fd\u8d5a\u5f97\u66f4\u591a\u3002\u4f5c\u4e3a\u5458\u5de5\uff0c\u4f60\u7684\u6536\u5165\u53d7\u5230\u9650\u5236\uff0c\u56e0\u4e3a\u4f60\u662f\u4f01\u4e1a\u7684\u4e00\u9879\u6210\u672c\u3002\u5c3d\u7ba1\u9500\u552e\u4f63\u91d1\u7b49\u804c\u4f4d\u6536\u5165\u53ef\u4ee5\u968f\u7740\u4e1a\u7ee9\u589e\u52a0\uff0c\u4f46\u603b\u4f53\u4e0a\u6536\u5165\u4ecd\u6709\u9650\u3002\u800c\u6210\u529f\u7684\u4f01\u4e1a\u4e3b\u5728\u521d\u671f\u52aa\u529b\u5de5\u4f5c\u540e\uff0c\u5f80\u5f80\u80fd\u83b7\u5f97\u8f83\u9ad8\u7684\u56de\u62a5\uff0c\u5e76\u4e14\u5de5\u4f5c\u65f6\u95f4\u53ef\u80fd\u4f1a\u51cf\u5c11\u3002<\/p>\n \u6b64\u5916\uff0c\u9009\u62e9\u81ea\u5df1\u70ed\u7231\u7684\u884c\u4e1a\u81f3\u5173\u91cd\u8981\uff0c\u4f60\u9700\u8981\u82b1\u8d39\u5927\u91cf\u65f6\u95f4\u5728\u4f60\u611f\u5174\u8da3\u7684\u9886\u57df\uff0c\u8fd9\u6837\u624d\u80fd\u771f\u6b63\u4eab\u53d7\u5de5\u4f5c\u3002\u5168\u529b\u4ee5\u8d74\u514b\u670d\u56f0\u96be\uff0c\u4ece\u9519\u8bef\u4e2d\u5438\u53d6\u6559\u8bad\uff0c\u5c06\u6709\u52a9\u4e8e\u4f60\u5b9e\u73b0\u76ee\u6807\u3002<\/p>\n \u5728\u6295\u8d44\u65b9\u9762\uff0c\u8981\u660e\u667a\u51b3\u7b56\uff0c\u907f\u514d\u76f2\u76ee\u8ddf\u98ce\uff0c\u4fdd\u6301\u8010\u5fc3\u3002\u50cf\u6c83\u4f26\u00b7\u5df4\u83f2\u7279\u90a3\u6837\u7684\u7b56\u7565\u2014\u6295\u8d44\u589e\u957f\u6027\u4f01\u4e1a\u800c\u975e\u91d1\u5c5e\u2014\u5728\u6b63\u5e38\u60c5\u51b5\u4e0b\u662f\u5408\u7406\u7684\u3002\u7136\u800c\uff0c\u5f53\u524d\u80a1\u5e02\u4ef7\u683c\u8fc7\u9ad8\uff0c\u5df4\u83f2\u7279\u6b63\u5728\u5356\u80a1\u7968\u800c\u975e\u4e70\u5165\u3002\u6211\u8ba4\u4e3a\u9ec4\u91d1\u73b0\u5728\u975e\u5e38\u4fbf\u5b9c\uff0c\u5982\u679c\u5df4\u83f2\u7279\u8ba4\u4e3a\u80a1\u7968\u4ef7\u683c\u8fc7\u9ad8\uff0c\u4ed6\u5e94\u8be5\u5c06\u8d44\u91d1\u8f6c\u6295\u9ec4\u91d1\u800c\u4e0d\u662f\u7f8e\u5143\uff0c\u56e0\u4e3a\u9ec4\u91d1\u80fd\u63d0\u4f9b\u66f4\u597d\u7684\u4ef7\u503c\u50a8\u5b58\u624b\u6bb5\u548c\u6298\u6263\u3002<\/p>\n Ryan\uff1a\u5047\u8bbe\u4f60\u8981\u4e3a\u6bd4\u7279\u5e01\u548c\u52a0\u5bc6\u8d27\u5e01\u63d0\u51fa\u4e00\u4e2a\u6709\u529b\u7684\u8fa9\u62a4\uff0c\u5c55\u793a\u5176\u6700\u5177\u8bf4\u670d\u529b\u7684\u4f18\u52bf\u548c\u524d\u666f\uff0c\u4f60\u4f1a\u5982\u4f55\u8bf4\u660e\uff1f<\/strong><\/p>\n Peter Schiff<\/strong>\uff1a\u552f\u4e00\u7684\u6709\u529b\u8bba\u70b9\u662f\uff0c\u672a\u6765\u53ef\u80fd\u4f1a\u51fa\u73b0\u53e6\u4e00\u6ce2\u8d2d\u4e70\u70ed\u6f6e\u3002\u5982\u4eca\uff0cETF \u65bd\u538b\u8bd5\u56fe\u63a8\u52a8\u7f8e\u56fd\u653f\u5e9c\u8d2d\u4e70\u6bd4\u7279\u5e01\u3002\u5982\u679c\u7279\u6717\u666e\u518d\u6b21\u5f53\u9009\u603b\u7edf\uff0c\u653f\u5e9c\u662f\u5426\u53ef\u80fd\u8d2d\u4e70\u6bd4\u7279\u5e01\uff1f<\/p>\n \u6211\u4e2a\u4eba\u5e0c\u671b\u653f\u5e9c\u4e0d\u8981\u4e70\u6bd4\u7279\u5e01\uff0c\u6211\u4eec\u4e0d\u9700\u8981\u5370\u66f4\u591a\u7684\u94b1\u6765\u8d2d\u4e70\u5b83\u3002\u4f46\u5982\u679c\u51fa\u73b0\u67d0\u4e9b\u60c5\u51b5\uff0c\u5982\u9ad8\u901a\u80c0\u6216\u7f8e\u5143\u5371\u673a\uff0c\u4eba\u4eec\u53ef\u80fd\u4f1a\u8f6c\u5411\u6bd4\u7279\u5e01\u4f5c\u4e3a\u907f\u98ce\u6e2f\u3002\u8003\u8651\u5230\u6bd4\u7279\u5e01\u603b\u4f9b\u5e94\u91cf\u6709\u9650\uff0c\u82e5\u8d44\u91d1\u6d8c\u5165\u5e02\u573a\uff0c\u4ef7\u683c\u53ef\u80fd\u4f1a\u6da8\u5230 100,000\u3001200,000\uff0c\u751a\u81f3 300,000 \u7f8e\u5143\u3002\u4e0d\u8fc7\uff0c\u5927\u591a\u6570\u957f\u671f\u6301\u6709\u8005\u53ef\u80fd\u4e0d\u4f1a\u5356\u51fa\uff0c\u4ed6\u4eec\u4f1a\u575a\u6301\u6301\u6709\u3002<\/p>\n \u76f8\u6bd4\u4e4b\u4e0b\uff0c\u6211\u8ba4\u4e3a\u5176\u4ed6\u6709\u771f\u5b9e\u57fa\u7840\u4ef7\u503c\u7684\u8d44\u4ea7\u6709\u66f4\u5927\u7684\u4e0a\u6da8\u6f5c\u529b\u548c\u66f4\u5c0f\u7684\u5d29\u6e83\u98ce\u9669\u3002\u867d\u7136\u5728\u901a\u8d27\u81a8\u80c0\u6216\u7f8e\u5143\u5371\u673a\u60c5\u51b5\u4e0b\uff0c\u6bd4\u7279\u5e01\u53ef\u80fd\u8fce\u6765\u4e00\u6ce2\u70ed\u6f6e\uff0c\u4f46\u6211\u8ba4\u4e3a\u6295\u8d44\u6bd4\u7279\u5e01\u5e76\u4e0d\u503c\u5f97\u3002<\/p>\n \u53e6\u5916\uff0c\u4e3a\u4ec0\u4e48\u8fd9\u79cd\u60c5\u51b5\u8fd8\u6ca1\u53d1\u751f\uff1f\u6bd4\u7279\u5e01 ETF \u4e0a\u5e02\u65f6\u5927\u5bb6\u5bf9\u5176\u9884\u671f\u5f88\u9ad8\uff0c\u4f46\u73b0\u5728\u6bd4\u7279\u5e01\u4ef7\u683c\u6da8\u5e45\u6709\u9650\uff0c\u4e14\u4eca\u5e74\u4ee5\u6765\u5df2\u4e0b\u8dcc\u7ea6 10%\uff0c\u800c\u9ec4\u91d1\u4e0a\u6da8\u4e86 22%-23%\u3002\u8fd9\u8868\u660e\u5e02\u573a\u5bf9\u6bd4\u7279\u5e01\u7684\u70ed\u60c5\u53ef\u80fd\u5df2\u7ecf\u51b7\u5374\u3002<\/p>\n \u6211\u62c5\u5fc3 ETF \u4e70\u5bb6\u53d8\u6210\u5356\u5bb6\u65f6\u53ef\u80fd\u53d1\u751f\u7684\u60c5\u51b5\u3002\u8bb8\u591a\u4eba\u901a\u8fc7 ETF \u6295\u8d44\u6bd4\u7279\u5e01\uff0c\u7eaf\u7cb9\u662f\u6295\u673a\u4ef7\u683c\u3002\u5f53\u4ed6\u4eec\u5f00\u59cb\u5356\u51fa\u65f6\uff0c\u53ef\u80fd\u4f1a\u5f15\u53d1\u5e02\u573a\u5d29\u6e83\uff0c\u56e0\u4e3a\u5e02\u573a\u4e0a\u6ca1\u6709\u8db3\u591f\u7684\u771f\u5b9e\u4e70\u76d8\u6765\u63a5\u624b\u8fd9\u4e9b\u6bd4\u7279\u5e01\u3002ETF \u5fc5\u987b\u7528\u7f8e\u5143\u652f\u4ed8\uff0c\u800c\u4e0d\u662f Tether\uff0c\u8fd9\u4f1a\u52a0\u5267\u6bd4\u7279\u5e01\u5e02\u573a\u7684\u5d29\u76d8\u98ce\u9669\u3002<\/p>\n \u5728\u7ecf\u5386\u5927\u89c4\u6a21\u629b\u552e\u540e\uff0c\u6bd4\u7279\u5e01\u4ef7\u683c\u53ef\u80fd\u4f1a\u8dcc\u81f3 10,000 \u6216 5,000 \u7f8e\u5143\uff0c\u7136\u540e\u53ef\u80fd\u4f1a\u6709\u53cd\u5f39\uff0c\u4f46\u957f\u671f\u6765\u770b\uff0c\u5b83\u53ef\u80fd\u4f1a\u518d\u6b21\u4e0b\u8dcc\u3002\u8fd1\u671f\u6bd4\u7279\u5e01\u5927\u4f1a\u7684\u76db\u51b5\u8ba9\u6211\u60f3\u8d77\u4e86\u623f\u5730\u4ea7\u6ce1\u6cab\u7684\u9876\u5cf0\uff0c\u90a3\u65f6\u7684\u5962\u534e\u573a\u9762\u9884\u793a\u7740\u6ce1\u6cab\u7684\u7834\u88c2\u3002\u6211\u8ba4\u4e3a\uff0c\u6bd4\u7279\u5e01\u7684\u672a\u6765\u53ef\u80fd\u4f1a\u6cbf\u7740\u8fd9\u4e2a\u65b9\u5411\u53d1\u5c55\u3002<\/p>\n","protected":false},"excerpt":{"rendered":" \u7f16\u8005\u6309\uff1a\u8fd9\u4e00\u671f\u64ad\u5ba2\u56f4\u7ed5 Peter Schiff \u5bf9\u6bd4\u7279\u5e01\u7684\u770b\u6cd5\u5c55\u5f00\u8ba8\u8bba\u3002Schiff \u662f\u77e5\u540d\u7684\u9ec4\u91d1\u652f\u6301\u8005\uff0c\u591a […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-1004","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"http:\/\/www.fubairui.net\/index.php?rest_route=\/wp\/v2\/posts\/1004","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.fubairui.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.fubairui.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.fubairui.net\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/www.fubairui.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1004"}],"version-history":[{"count":1,"href":"http:\/\/www.fubairui.net\/index.php?rest_route=\/wp\/v2\/posts\/1004\/revisions"}],"predecessor-version":[{"id":2657,"href":"http:\/\/www.fubairui.net\/index.php?rest_route=\/wp\/v2\/posts\/1004\/revisions\/2657"}],"wp:attachment":[{"href":"http:\/\/www.fubairui.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1004"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.fubairui.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1004"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.fubairui.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1004"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}\n