First of all, the constant depreciation of RMB, as a commodity futures with intrinsic value, is obviously more valuable than RMB. Especially in the case that RMB is not so freely convertible into foreign exchange, buying gold, food and beverage is the only way out.

Second, the dollar continues to raise interest rates. The next cycle of the interest rate hike cycle is a loose expectation.

Similarly, as the largest economy, the improvement of the American economy will also drive most of the consumption.

In short, this is it.

By the way, gold rose more than 3 yuan a gram in the morning, and the onshore RMB fell below 7.0 last night.