所以危机期间的黄金表现取决于这场危机的类型，以及这场危机是否需要黄金作为流动资产，来资助战争或是援助行动，”他说。

So the behavior of gold during a crisis depends on the type of crisis and whether gold is needed for liquidity purposes to finance war or a bailout, " he said.

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然而货币危机表现在瑞士法郎或是黄金的价格的交换率上。

The currency crisis manifests itself, however, in the exchange rate to the Swiss franc or the price of gold.

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黄金时代却突然演变成了全球性危机。

A golden age has been transformed quite suddenly into a global crisis.

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