????:1??????????:??????

2??????????

3?????????

4?????????????

5?????wx

???? ?:??

??????????,?????GSCI????????????8.8%,?????2023???????

??????????????????????,???????,?????

??

???,5??????????????2450??????????,????????????????????????,?????????????

??,29%???????????12???????????,???????????2018???????????,????,???1037??????,???????????????????2022?????????????1082???????

BK asset management??????????????????(Boris Schlossberg)????????,???????????????????????????????“?????????”????????????????????????????,????????????,??????????

??????????????“??”,??,?????????8%???????10%,??????2025????????????2600??34??????

???????????????????3000????????????????????,???12????????????????18???????????????????????,?????????????????????????????????????,????3000??????????,?????????????,?ETF,??????????????????????????????????,?????“??,?????????”

????,???5???????????11000????????/?????,????????????????9500~10000????????????????????????????????????,6?????50????????5???????????,LME??????????72%,????????18?????????????

??????????????GSC Commodity Intelligence??????????,????????,????????????????????????????????100???????

?,??????????????????,???????????????????????180????????????190??,?????3.5???????????????????????(IEA)??«2024???»??????????????,???????“????????????????????????????”,2024?????????1700???????,???????

??????,?????,???????????????,???????????????????????,??????????,???

????

?????????,???????????????????,??110%?

?????,?????????20%?????????,???????????,???21??,??,???????????????????????????(ICO)??????????,???????????????2023~2024???????7.4???37.4???????????????

?????????????????????????????????,??????200%?????????,???????????????????????,??????????,??

??????????????????Ninja Trader??(Tom Schneider)???????????????????,????????,???????????????????70%?????????????,??50%?????????,????????????????????????????????,?????????????????,??????,?????

????????Tropical Research Services???(Steve Wateridge)????????,???????,??????????????????????????,?????????????????????????,??????????????????,?????????????

??????????,????,?40%?

?????????????????????????????????,??????????????????3??????????,2023/24?20%,?????????????147.2????,????4?????????????,??????????

????????????????(Neuberger Berman)?????????ETF???????(David Waugh)????????????????,???,??????????????????2.0??????????????,????????,?????

?????90??

??,???????????,???????????OPEC+6?????????????,????????????

??????????????PVM Oil Associates???????(Tamas Varga)???????????????,OPEC+?????????????????????,???????????,?????????????????,????????????????10?????????????????????????,????

????????????????????,????????????????????????6????,OPEC+??600????????????,??????????7%?????????????????,?????,??????

????????????????????????????,?????????????,???????????????,???????????????,????????????????,???

???????4??????????????????,??????????????,????????9???????????????????90??????????

CIBC Private Wealth ??????????(Rebecca Babin)???????????????,?????,?90????????????????????,?2025?????“OPEC+???,???????????”?????????????????? ???????????????:?????