1. Gold is a commodity

1.黄金是一种商品

To many people gold is something special.It’s more than just another metal that comes out of the ground. This may wellbe because since the dawn of time gold has been a status symbol and status iswhat breeds success or simply just breeds.

对许多人来说黄金是与众不同的。它不仅仅是来自地下的又一金属。这很可能是由于从黎明伊始，黄金一直是一种身份的象征，地位等同于孕育成功或只是简单的繁荣兴旺。

Whatever you feel about gold, it is just ametal. That isn’t necessarily a bad thing and it doesn’t mean it needs to becheaper.

无论你对黄金有何感受，它只是一种金属。这倒未必是件坏事，也并不意味着它需要更便宜。

Gold supply has not kept up with demand soits price should rise. Where once gold was used on things that could be easilyrecycled. Now gold is used in things that don’t get recycled in a way that thegold is being recovered. So gold is being lost.

黄金供不应求，所以它的价格应该上涨。曾经用于黄金的东西都可以很容易回收。现在黄金用在无法回收的东西上。所以黄金在流失。

2. Gold is not a stable store of value

2。黄金不是一种稳定的价值贮存体

It is a myth to believe gold is a constantstore of value. Like anything else the price of gold is created by supply anddemand. When the Spanish pillaged South America and brought the gold and silverback to Europe, there was rampant inflation. More gold meant gold money wasworth less and the price of things in gold went up.

认为黄金是一种恒性的价值贮存体是一个误区。像任何其他东西一样，黄金价格由供需决定。当西班牙掠夺南美，把金银带回欧洲，就产生了恶性通货膨胀。更多的黄金意味着黄金贬值，黄金加工物的价钱上升。

3. Gold is volatile

3.黄金具有挥发性

Gold used to be worth a lot less than it istoday. As we have seen recently at ADVFN, you don’t have to look hard to see goldis as vulnerable to swings in values as any other commodity.

黄金过去远没有今天这么值钱。正如我们最近在ADVFN所看到的，你无需很难才能看到黄金的价值像任何其他商品一样容易波动。

The key to investing in gold is being ableto watch the gold price live. A free ADVFN account will allow you to follow itlive and direct at home or on your tablet or smartphone via our free app.

投资黄金的关键在于能实时看到金价。一个免费的ADVFN帐户将允许您直接在家里或在你的平板电脑或智能手机上通过我们的免费应用程序进行实时跟踪。