黃金真的能抗通膨嗎?為什麼央行大量持有一種「不產生現金流」的資產 episode artwork

EPISODE · Jan 20, 2026 · 6 MIN

黃金真的能抗通膨嗎?為什麼央行大量持有一種「不產生現金流」的資產

from 觀測點·聲解投資 · host Chloe & Ethan

我們早就不在金本位時代,黃金不付利息、沒有現金流,長期報酬甚至並不亮眼,但為什麼各國央行、投資人仍然對黃金又愛又怕? 本集從通膨、避險、投資組合配置出發,拆解黃金作為「保值工具」、「危機避風港」與「高度投機資產」之間的結構性矛盾,並深入討論:如果黃金這麼不穩定,為什麼全球最保守的央行仍選擇大量持有? -- Hosting provided by SoundOn

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黃金真的能抗通膨嗎?為什麼央行大量持有一種「不產生現金流」的資產

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