????:1?????????100?????:?????vx

2??????

3????????

4???????

5????????

???????7?????????3%,??????????

??????9??????????,????????????????????????0.8??????????????105????,???????????????????????????,????,???

?????

???7???????????????????1%???,?????????????????????18????,5?????????7280?????

???,??,????????????????????????????,???????????2023????,?????????723?????

???????(Ole Hansen)???:“????????????????????,???????????????,?????????????????,??????????”

???????????Exinity?????(Han Tan)???,“???????,????????????”

???????????????????,?????????????????????????????,??2010????,????????7800??????????,???Metals Daily??????????????(Ross Norman)???,???????????,????1000???“??,????”?????

????????,????????????????????????????????????(IMF)??????????????????,????????????????3???????4.448????????????236.610???????;????????????2???????????3.079??145.661?????(Adam Glapinski)?,???????5????,??????????????

??????

???????,???????????,?????????????????????????2022????????????3??????????,?????????????15%,?????????,??????

?????????,????????5??,9??????????????6?????????????,??????????????????????????6???,10??????????10???????????????????5%???????????70????????

???????ADP??????????????????,5?????????????????????27.2??,??????????????4???????????????????0.2%???????????0.4%,????????4.1%??,3.0%~3.5%?????????????2%????

??????????????9????????????????????,9???50%??????,???????2%????????,????????????,??????????????????

?????????????,????????7???????????11???????????????????????????????,?????????7???????????????????????(Michael Feroli)?????????,“7???????????????????????9?,?,????,??11?????????”

LPL?????(Quencey Krosby)????????,???????????????,???,???,“????9???,???????????????,????” ????:?????????????