我们建议，黄金在集中持有的时候能带来部分利润，因此每盎司1650美元的时候，为自己获得更高的回报率。
We suggest that gold taking partial profits in holdings on rallies and taking a larger percentage of your profits at $1650 per ounce.
该体系的主要优点理应是它节省了持有黄金的数量。
The great virtue of the system was supposed to be that it economised on holdings of gold.
本文发表的时候，比尔·弗雷肯斯坦持有金砖以及黄金期货。
At the time of publication, Bill Fleckenstein owned gold bullion and gold futures.
在一个收益率为负的世界，持有黄金无需付出机会成本。
In a world of negative yields, owning gold has no opportunity cost.
该国将使通过持有中国、俄罗斯和巴西等盟友国家的货币来使现金储备多元化，国内的黄金产业也将收归国有。
It will also diversify its cash reserves into the currencies of Allies, such as China, Russia and Brazil, and nationalise the gold industry.
如果像在巴基斯坦和印度这种地方发生战争，两国人民均持有大量黄金和白银，这时你就会看到你要的反应了。
If something happened in a place like Pakistan versus India - where you have two people who are very much gold and silver oriented then you probably would see a reaction.
各大央行有权将持有的美元兑换成黄金。
Central Banks had the right to convert their dollar holdings into bullion.
传统而言，持有黄金可以抵御通胀。
Owning gold is traditionally seen as offering protection against inflation.
持有、管理、经营国家外汇储备、黄金储备；
to hold,administer and manage the State foreign exchange reserve and gold reserve;
当最终利率上升，持有黄金的机会成本将会上升，而黄金将失去其光芒。
When interest rates eventually rise, the opportunity cost of holding gold will go up, taking off the shine.
因此，美元贬值的越厉害，为了持有黄金和其他贵金属所需支付的资本得利税就越多。
Thus, the more the dollar is debased, the more capital gains taxes must be paid on holdings of gold and other precious metals.
更重要的是，对布朗抛售黄金的批评，也反映出了对英国这样的国家究竟为何持有黄金的误解。
Mr Brown's sale also betrays a misunderstanding of why a country such as the UK has gold at all.
最大的ETF黄金持有量超过了除美国、法国、德国以及意大利以外的所有国家中央银行的黄金储量。
The largest gold ETF holds more bullion than all the world's central Banks except those of America, France, Germany and Italy.
因为在通货膨胀期间，美元是贬值的，我主张持有金锭而不持黄金交易所交易基金，但我相信在未来几年内黄金以及黄金矿业类股将提供巨大的回报率。
Because in inflation the dollar is devalued, I am a proponent of owning bullion and avoiding gold ETFs, but I do believe gold and gold-miner stocks will provide great returns over the next few years.
与黄金不同，日元的持有量偏低。
在过去的八年里，需求已远远超过了供应量。我们不断地发现在黄金价格下降的时候增加持有量是个明智的选择。
Demand has far outstripped supply over the last eight years and we have repeatedly seen that using periods of price decline to add to long term positions in gold is wise.
中央银行是黄金供应(除了可能由国库持有的部分)的保管机构，并负责严格按照黄金比率发行该国的货币。
This central bank is the custodian of the gold supply (except what part might be held by the Treasury) and issues the country's currency, governed strictly by the gold ratio.
迄今已有储户一百万，黄金总持有量12吨。
Since then the bank has opened 1 million accounts that hold 12 tons of gold.
“我们不会取消在公开市场上购买，”瑞士信贷称：“中国可以在公开市场上购买及增加其持有的黄金，尽管其只能在缓慢而稳定比率的情况下这样做。”
"We would not rule out purchases on the open market," said UBS: "China could buy gold in the open market and add to its holdings, although it would only be able to do so at a slow and steady rate."
而如果中国希望让黄金在其外汇储备中占有25%的份额，相当于欧洲央行的黄金持有比重，那么中国需要以今天的金价再购买4.4亿盎司黄金。
And if China wanted to take gold to 25% of is reserves around the level held by the ECB, for example it would need to buy another 440 million ounces at today's prices.
正规注册交易服务商，同时持有期货、黄金、股票、货币买卖牌照！
Register normally trade service business at the same time license plate of business of hold futures gold stock money!
正规注册交易服务商，同时持有期货、黄金、股票、货币买卖牌照！
Register normally trade service business at the same time license plate of business of hold futures gold stock money!
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