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

2?????

3???????

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

5?????98?

?? ?????:???

????,?????????????????????????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+????????????,?????????????????”??? ??????????:????