「今や誰の目にも明らかだ」とロシア大統領のプーチンは主張する、（そして最近フランス大統領マクロンも公式に述べた）、「西欧の先導時代は終わりつつある。ロシア、インドそして中国抜きの有効な国債組織を想像することができない。」
And while most politicians are all talk, in the case of both Russia and China, their actions speak louder than their words. そして多くの政治屋が言うことだが、ロシアや中国の場合、彼らの発する言葉よりも行動を見ることだ、と。 China's foreign exchange reserves jumped to $3.1072 trillion despite the falling yuan and escalating trade war with the US, while raising its gold holdings by nearly 2.89 million troy ounces (99 tons) in nine months. That's nearly five percent more since the end of last year.
Source: Bloomberg As Bloomberg reports, that buying spree likely to persist in the coming years, according to Australia & New Zealand Banking Group Ltd.
ブルームバーグによると、この買いの熱狂は今後数年続きそうだ、Australia & New Zealand Banking Gropu Ltd.の情報によるものだ。
Trade war restrictions, in the case of China, or sanctions, as with Russia, give “an incentive for these central banks to diversify,” John Sharma, an economist at National Australia Bank Ltd., said in an email.
中国は貿易戦争、ロシアは経済制裁の悪環境のなかで、「両国中央銀行は分散に懸命だ、」とJohn Shamaはemailで伝えた、彼はNational Australia Bankのエコノミストだ。
“Also, with increasing political and economic uncertainty prevailing,
gold provides an ideal hedge, and will therefore be sought after by
central banks globally.”
But China is not alone. Figures released by the Central Bank of Russia (CBR) on Friday show Russia’s
gold bullion holdings have reached $109.5 billion as the nation
continues to shift its growing international reserves away from the US
dollar.
As Bloomberg reports, Russia’s central bank has been the largest buyer of gold in the past few years...
ブルームバーグによると、ここ数ヶ月ロシア中央銀行が最大のゴールド買い手だった・・・。
Source: Bloomberg
“Russia prefers to cushion its macroeconomic stability through politically neutral tools,” said Vladimir Miklashevsky, a strategist at Danske Bank A/S in Helsinki.
「ロシアはミクロ経済安定性で政治中立ツールを望んでいる、」とVladimir Miklashevskyは言う、彼はヘルシンキのDanske Bank A/ Sのストラテジストだ。
“There is a massive substitution of U.S. dollar assets by gold - a strategy which has earned billions of dollars for the Bank of Russia just within several months.”
「巨額の米ドルをゴールドで置き換えているーーここ数ヶ月でBank of Russiaは巨額資金を転換した。」
最後の二段落だけ訳しておきます。 Stock Euphoria Stunts Gold Adam Hamilton April 19, 2019 3257 Words The great euphoria emanating from these near-record-high stock markets is breathtaking. Traders are again convinced stocks do nothing but rally indefinitely. That everything-is-awesome mindset has stunted gold’s latest upleg, since there’s no perceived need for prudently diversifying stock-heavy portfolios. But that psychology can change fast, as we saw a half-year ago. Gold investment roars back as stocks roll over. The word “euphoria” is widely misunderstood, often confused with “mania”. The latter is when stocks rocket vertically in blowoff tops, and is defined as “an excessively intense enthusiasm, interest, or desire”. The US stock markets certainly aren’t in a mania. At its latest high last Friday, the flagship US S&P 500 broad-market s...
The Message From The Jobs Report – The Economy Is Slowing Written by Lance Roberts | Apr, 8, 2019 Last week, the Bureau of Labor Statistics (BLS) published the March monthly “employment report” which showed an increase in employment of 196,000 jobs. As Mike Shedlock noted on Friday: 先週、BLSが３月の月例「雇用統計」を発表した、雇用が１９６，０００増えたという。Mike Shedlockは金曜にこう書いた： “The change in total non-farm payroll employment for January was revised up from +311,000 to +312,000, and the change for February was revised up from +20,000 to +33,000. With these revisions, employment gains in January and February combined were 14,000 more than previously reported. After revisions, job gains have averaged 180,000 per month over the last 3 months. 「１月全非農業雇用は＋３１１，０００から＋３１２，０００に改定された、２月のデータは＋２０，０００から＋３３，０００に改定された。これらの改定で１月と２月を合算した雇用増は以前の報告よりも１４，０００多くなった。改定後でみると、雇用増は直近三ヶ月で平均１８０，０００／月となる。 BLS Jobs Statistics at a Glance BLS 雇用統計概観 Nonfarm Payroll : +196,000 – Establishment Survey Emp...
