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tothemoonnnn

tothemoonnnn

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2022-03-25

$Sundial Growers Inc.(SNDL)$pushhhhh it up

2022-03-25

$Sundial Growers Inc.(SNDL)$今天有机会1 .5 吗

2021-12-21

$Amgen(AMGN)$ nice

2021-12-09

$Inspira Technologies Oxy B.H.N. Ltd.(IINN)$ push back to 6

2021-12-01

Go grab!

Altimeter Growth surged 10% in premarket trading<blockquote>盘前交易中高度计增长飙升 10%</blockquote>

2021-11-24

Like pls

抱歉，原内容已删除

2021-11-22

$Progenity, Inc.(PROG)$ Hodl to the moon🚀🚀

2021-11-20

Merger soon 🤗🤗🤗

抱歉，原内容已删除

2021-11-19

$Sundial Growers Inc.(SNDL)$ tonight is ur night!!!

2021-11-17

$Progenity, Inc.(PROG)$ just hold!!! We can do this!!!

2021-11-17

$Progenity, Inc.(PROG)$BUY AND HOLDDD! Time for us to shoot!!

2021-11-17

$Progenity, Inc.(PROG)$ $8.88 today!!

2021-11-16

$Progenity, Inc.(PROG)$hodlllll

2021-11-13

$Altamira Therapeutics Ltd.(CYTO)$ back to 3.2?

2021-11-12

$Progenity, Inc.(PROG)$diamond hands!!!!

2021-11-12

$Sundial Growers Inc.(SNDL)$ we don't want to see the cents anymore. Give us the $$$$!

2021-11-12

Finally!

Sundial Growers shares jumped nearly 30% in premarket trading<blockquote>Sundial Growers 股价在盘前交易中上涨近 30%</blockquote>

2021-11-12

$Sundial Growers Inc.(SNDL)$破 $1 然后目标 $5

2021-11-12

$Sundial Growers Inc.(SNDL)$ 冲啊！！！！！

2021-11-10

$Progenity, Inc.(PROG)$ up up uppppp!!!

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nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/691063686","isVote":1,"tweetType":1,"viewCount":4504,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":602707987,"gmtCreate":1639063254253,"gmtModify":1639063430312,"author":{"id":"3572862021491055","authorId":"3572862021491055","name":"tothemoonnnn","avatar":"https://static.tigerbbs.com/0ec04508e6b5e1798da4dc45be8babdc","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572862021491055","authorIdStr":"3572862021491055"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/IINN\">$Inspira Technologies Oxy B.H.N. Ltd.(IINN)$</a>&nbsp;push back to 6","listText":"<a href=\"https://laohu8.com/S/IINN\">$Inspira Technologies Oxy B.H.N. Ltd.(IINN)$</a>&nbsp;push back to 6","text":"$Inspira Technologies Oxy B.H.N. Ltd.(IINN)$ push back to 6","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/602707987","isVote":1,"tweetType":1,"viewCount":5200,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":603319529,"gmtCreate":1638365051890,"gmtModify":1638365052279,"author":{"id":"3572862021491055","authorId":"3572862021491055","name":"tothemoonnnn","avatar":"https://static.tigerbbs.com/0ec04508e6b5e1798da4dc45be8babdc","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572862021491055","authorIdStr":"3572862021491055"},"themes":[],"title":"","htmlText":"Go grab!&nbsp;","listText":"Go grab!&nbsp;","text":"Go grab!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/603319529","repostId":"1147348931","repostType":2,"repost":{"id":"1147348931","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1638349766,"share":"https://www.laohunote.com/m/news/1147348931?lang=zh_CN&edition=full","pubTime":"2021-12-01 17:09","market":"us","language":"en","title":"Altimeter Growth surged 10% in premarket trading<blockquote>盘前交易中高度计增长飙升 10%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1147348931","media":"Tiger Newspress","summary":"Altimeter Growth surged 10% in premarket trading as Grab to debut on Nasdaq after shareholders approved SPAC merger.SHAREHOLDERS voted in favour of the merger between Grab and listed shell company Altimeter Growth Corp, paving the way for the ride-hailing and delivery giant to list in the US on Thursday .Shares of Altimeter Growth Corporation fell 5.8 per cent to close at US$12.72 on Tuesday , after the proposal passed at an extraordinary general meeting. It rebounded slightly in post-market tra","content":"<p>Altimeter Growth surged 10% in premarket trading&nbsp;as&nbsp;Grab to debut on Nasdaq after shareholders approved SPAC merger.</p><p><blockquote>在股东批准 SPAC 合并后，Grab 在纳斯达克首次亮相，Altimeter 在盘前交易中飙升 10%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/37851e896fa7303daf1c06cd5dbb15b5\" tg-width=\"853\" tg-height=\"621\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> SHAREHOLDERS voted in favour of the merger between Grab and listed shell company Altimeter Growth Corp, paving the way for the ride-hailing and delivery giant to list in the US on Thursday (Dec 2).</p><p><blockquote>股东投票赞成 Grab 与上市空壳公司 Altimeter Growth Corp 的合并，为这家打车和送货巨头周四（12 月 2 日）在美国上市铺平了道路。</blockquote></p><p> Shares of Altimeter Growth Corporation fell 5.8 per cent to close at US$12.72 on Tuesday (Nov 30), after the proposal passed at an extraordinary general meeting. It rebounded slightly in post-market trading.</p><p><blockquote>在特别股东大会上通过该提案后，Altimeter Growth Corporation 的股价周二（11 月 30 日）下跌 5.8%，收于 12.72 美元。盘后交易中小幅反弹。</blockquote></p><p> The green light from investors marks the completion of one of the biggest blank-cheque deals globally, which valued the combination at nearly US$40 billion. The combined entity will start trading on the Nasdaq on Dec 2 under the ticker GRAB.</p><p><blockquote>投资者的批准标志着全球最大的空白支票交易之一的完成，该合并价值近 400 亿美元。合并后的实体将于 12 月 2 日开始在纳斯达克交易，股票代码为 GRAB。</blockquote></p><p> Investors that back a&nbsp;SPAC (special purpose acquisition company) have a chance to redeem their bets at the issue price before the merger is completed. In Grab's case, 0.02 per cent of shares were redeemed, Altimeter said in a statement. Grab's redemption rate could be considered low compared to its US peers, where interest in SPAC deals have sizzled out of late.</p><p><blockquote>支持 SPAC（特殊目的收购公司）的投资者有机会在合并完成前以发行价赎回他们的赌注。Altimeter 在一份声明中表示，就 Grab 而言，0.02% 的股份被赎回。与美国同行相比，Grab 的赎回率可能被认为较低，美国对 SPAC 交易的兴趣最近迅速消退。</blockquote></p><p> As a result of the transaction, Grab will receive a US$4.5 billion cash injection, which includes US$4 billion in private investment in public equity arrangement, from the SPAC promoted by Silicon Valley investor Brad Gerstner.</p><p><blockquote>交易完成后，Grab 将从硅谷投资者 Brad Gerstner 推动的 SPAC 获得 45 亿美元现金注入，其中包括 40 亿美元的公共股权安排私人投资。</blockquote></p><p> Gerstner's Altimeter Growth and Grab announced the deal in April, near the height of the SPAC boom. It then delayed the completion of the merger to Q4 as it finalised its audit of the past 3 years.</p><p><blockquote>郭士纳的 Altimeter Growth and Grab 于 4 月份宣布了这笔交易，当时正值 SPAC 热潮的鼎盛时期。随后，该公司将合并的完成推迟到第四季度，以完成对过去 3 年的审计。</blockquote></p><p> Grab reported widening losses of US$988 million for its third quarter, from US$621 million a year before. Revenue fell 9 per cent to US$157 million, weighed down by pandemic restrictions. In mid-November, Grab's app was hit by awidespread outagewhich dragged on for more than 2 days after its system upgrade backfired.</p><p><blockquote>Grab 公布第三季度亏损扩大至 9.88 亿美元，高于去年同期的 6.21 亿美元。受大流行限制拖累，收入下降 9% 至 1.57 亿美元。11月中旬，Grab的应用程序在系统升级适得其反后遭遇大范围中断，持续了2天多。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Altimeter Growth surged 10% in premarket trading<blockquote>盘前交易中高度计增长飙升 10%</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAltimeter Growth surged 10% in premarket trading<blockquote>盘前交易中高度计增长飙升 10%</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-12-01 17:09</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Altimeter Growth surged 10% in premarket trading&nbsp;as&nbsp;Grab to debut on Nasdaq after shareholders approved SPAC merger.</p><p><blockquote>在股东批准 SPAC 合并后，Grab 在纳斯达克首次亮相，Altimeter 在盘前交易中飙升 10%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/37851e896fa7303daf1c06cd5dbb15b5\" tg-width=\"853\" tg-height=\"621\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> SHAREHOLDERS voted in favour of the merger between Grab and listed shell company Altimeter Growth Corp, paving the way for the ride-hailing and delivery giant to list in the US on Thursday (Dec 2).</p><p><blockquote>股东投票赞成 Grab 与上市空壳公司 Altimeter Growth Corp 的合并，为这家打车和送货巨头周四（12 月 2 日）在美国上市铺平了道路。</blockquote></p><p> Shares of Altimeter Growth Corporation fell 5.8 per cent to close at US$12.72 on Tuesday (Nov 30), after the proposal passed at an extraordinary general meeting. It rebounded slightly in post-market trading.</p><p><blockquote>在特别股东大会上通过该提案后，Altimeter Growth Corporation 的股价周二（11 月 30 日）下跌 5.8%，收于 12.72 美元。盘后交易中小幅反弹。</blockquote></p><p> The green light from investors marks the completion of one of the biggest blank-cheque deals globally, which valued the combination at nearly US$40 billion. The combined entity will start trading on the Nasdaq on Dec 2 under the ticker GRAB.</p><p><blockquote>投资者的批准标志着全球最大的空白支票交易之一的完成，该合并价值近 400 亿美元。合并后的实体将于 12 月 2 日开始在纳斯达克交易，股票代码为 GRAB。</blockquote></p><p> Investors that back a&nbsp;SPAC (special purpose acquisition company) have a chance to redeem their bets at the issue price before the merger is completed. In Grab's case, 0.02 per cent of shares were redeemed, Altimeter said in a statement. Grab's redemption rate could be considered low compared to its US peers, where interest in SPAC deals have sizzled out of late.</p><p><blockquote>支持 SPAC（特殊目的收购公司）的投资者有机会在合并完成前以发行价赎回他们的赌注。Altimeter 在一份声明中表示，就 Grab 而言，0.02% 的股份被赎回。与美国同行相比，Grab 的赎回率可能被认为较低，美国对 SPAC 交易的兴趣最近迅速消退。</blockquote></p><p> As a result of the transaction, Grab will receive a US$4.5 billion cash injection, which includes US$4 billion in private investment in public equity arrangement, from the SPAC promoted by Silicon Valley investor Brad Gerstner.</p><p><blockquote>交易完成后，Grab 将从硅谷投资者 Brad Gerstner 推动的 SPAC 获得 45 亿美元现金注入，其中包括 40 亿美元的公共股权安排私人投资。</blockquote></p><p> Gerstner's Altimeter Growth and Grab announced the deal in April, near the height of the SPAC boom. It then delayed the completion of the merger to Q4 as it finalised its audit of the past 3 years.</p><p><blockquote>郭士纳的 Altimeter Growth and Grab 于 4 月份宣布了这笔交易，当时正值 SPAC 热潮的鼎盛时期。随后，该公司将合并的完成推迟到第四季度，以完成对过去 3 年的审计。</blockquote></p><p> Grab reported widening losses of US$988 million for its third quarter, from US$621 million a year before. Revenue fell 9 per cent to US$157 million, weighed down by pandemic restrictions. In mid-November, Grab's app was hit by awidespread outagewhich dragged on for more than 2 days after its system upgrade backfired.</p><p><blockquote>Grab 公布第三季度亏损扩大至 9.88 亿美元，高于去年同期的 6.21 亿美元。受大流行限制拖累，收入下降 9% 至 1.57 亿美元。11月中旬，Grab的应用程序在系统升级适得其反后遭遇大范围中断，持续了2天多。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GRAB":"Grab Holdings"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1147348931","content_text":"Altimeter Growth surged 10% in premarket trading as Grab to debut on Nasdaq after shareholders approved SPAC merger.\n\nSHAREHOLDERS voted in favour of the merger between Grab and listed shell company Altimeter Growth Corp, paving the way for the ride-hailing and delivery giant to list in the US on Thursday (Dec 2).\nShares of Altimeter Growth Corporation fell 5.8 per cent to close at US$12.72 on Tuesday (Nov 30), after the proposal passed at an extraordinary general meeting. It rebounded slightly in post-market trading.\nThe green light from investors marks the completion of one of the biggest blank-cheque deals globally, which valued the combination at nearly US$40 billion. The combined entity will start trading on the Nasdaq on Dec 2 under the ticker GRAB.\nInvestors that back a SPAC (special purpose acquisition company) have a chance to redeem their bets at the issue price before the merger is completed. In Grab's case, 0.02 per cent of shares were redeemed, Altimeter said in a statement. Grab's redemption rate could be considered low compared to its US peers, where interest in SPAC deals have sizzled out of late.\nAs a result of the transaction, Grab will receive a US$4.5 billion cash injection, which includes US$4 billion in private investment in public equity arrangement, from the SPAC promoted by Silicon Valley investor Brad Gerstner.\nGerstner's Altimeter Growth and Grab announced the deal in April, near the height of the SPAC boom. It then delayed the completion of the merger to Q4 as it finalised its audit of the past 3 years.\nGrab reported widening losses of US$988 million for its third quarter, from US$621 million a year before. Revenue fell 9 per cent to US$157 million, weighed down by pandemic restrictions. In mid-November, Grab's app was hit by awidespread outagewhich dragged on for more than 2 days after its system upgrade backfired.","news_type":1,"symbols_score_info":{"GRAB":0.9,"AGC":0.9}},"isVote":1,"tweetType":1,"viewCount":3350,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":874011193,"gmtCreate":1637711265899,"gmtModify":1637711266053,"author":{"id":"3572862021491055","authorId":"3572862021491055","name":"tothemoonnnn","avatar":"https://static.tigerbbs.com/0ec04508e6b5e1798da4dc45be8babdc","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572862021491055","authorIdStr":"3572862021491055"},"themes":[],"title":"","htmlText":"Like pls&nbsp;","listText":"Like pls&nbsp;","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/874011193","repostId":"2185336565","repostType":4,"isVote":1,"tweetType":1,"viewCount":3295,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":875055050,"gmtCreate":1637591686885,"gmtModify":1637591687041,"author":{"id":"3572862021491055","authorId":"3572862021491055","name":"tothemoonnnn","avatar":"https://static.tigerbbs.com/0ec04508e6b5e1798da4dc45be8babdc","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572862021491055","authorIdStr":"3572862021491055"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/PROG\">$Progenity, Inc.(PROG)$</a>&nbsp;Hodl to the moon🚀🚀","listText":"<a href=\"https://laohu8.com/S/PROG\">$Progenity, Inc.(PROG)$</a>&nbsp;Hodl to the moon🚀🚀","text":"$Progenity, Inc.(PROG)$ Hodl to the moon🚀🚀","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/875055050","isVote":1,"tweetType":1,"viewCount":3149,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":876473102,"gmtCreate":1637354713201,"gmtModify":1637354713584,"author":{"id":"3572862021491055","authorId":"3572862021491055","name":"tothemoonnnn","avatar":"https://static.tigerbbs.com/0ec04508e6b5e1798da4dc45be8babdc","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572862021491055","authorIdStr":"3572862021491055"},"themes":[],"title":"","htmlText":"Merger soon 🤗🤗🤗","listText":"Merger soon 🤗🤗🤗","text":"Merger soon 🤗🤗🤗","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/876473102","repostId":"2184884454","repostType":2,"isVote":1,"tweetType":1,"viewCount":2845,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":876676539,"gmtCreate":1637313088854,"gmtModify":1637313088994,"author":{"id":"3572862021491055","authorId":"3572862021491055","name":"tothemoonnnn","avatar":"https://static.tigerbbs.com/0ec04508e6b5e1798da4dc45be8babdc","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572862021491055","authorIdStr":"3572862021491055"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/SNDL\">$Sundial Growers Inc.(SNDL)$</a>&nbsp;tonight is ur night!!!&nbsp;","listText":"<a href=\"https://laohu8.com/S/SNDL\">$Sundial Growers Inc.(SNDL)$</a>&nbsp;tonight is ur night!!!&nbsp;","text":"$Sundial Growers Inc.(SNDL)$ tonight is ur night!!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/876676539","isVote":1,"tweetType":1,"viewCount":3116,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":878144282,"gmtCreate":1637161903805,"gmtModify":1637161903985,"author":{"id":"3572862021491055","authorId":"3572862021491055","name":"tothemoonnnn","avatar":"https://static.tigerbbs.com/0ec04508e6b5e1798da4dc45be8babdc","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572862021491055","authorIdStr":"3572862021491055"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/PROG\">$Progenity, Inc.(PROG)$</a>&nbsp;just hold!!! We can do this!!!&nbsp;","listText":"<a href=\"https://laohu8.com/S/PROG\">$Progenity, Inc.(PROG)$</a>&nbsp;just hold!!! We can do this!!!&nbsp;","text":"$Progenity, Inc.(PROG)$ just hold!!! We can do this!!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":11,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/878144282","isVote":1,"tweetType":1,"viewCount":4737,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":878393990,"gmtCreate":1637145581948,"gmtModify":1637145582053,"author":{"id":"3572862021491055","authorId":"3572862021491055","name":"tothemoonnnn","avatar":"https://static.tigerbbs.com/0ec04508e6b5e1798da4dc45be8babdc","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572862021491055","authorIdStr":"3572862021491055"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/PROG\">$Progenity, Inc.(PROG)$</a>BUY AND HOLDDD! Time for us to shoot!!&nbsp;","listText":"<a href=\"https://laohu8.com/S/PROG\">$Progenity, Inc.(PROG)$</a>BUY AND HOLDDD! Time for us to shoot!!&nbsp;","text":"$Progenity, Inc.(PROG)$BUY AND HOLDDD! Time for us to shoot!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":11,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/878393990","isVote":1,"tweetType":1,"viewCount":1167,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":878921576,"gmtCreate":1637140617831,"gmtModify":1637141092338,"author":{"id":"3572862021491055","authorId":"3572862021491055","name":"tothemoonnnn","avatar":"https://static.tigerbbs.com/0ec04508e6b5e1798da4dc45be8babdc","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572862021491055","authorIdStr":"3572862021491055"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/PROG\">$Progenity, Inc.(PROG)$</a>&nbsp;$8.88 today!!&nbsp;","listText":"<a href=\"https://laohu8.com/S/PROG\">$Progenity, Inc.(PROG)$</a>&nbsp;$8.88 today!!&nbsp;","text":"$Progenity, Inc.(PROG)$ $8.88 today!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/878921576","isVote":1,"tweetType":1,"viewCount":906,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":871293308,"gmtCreate":1637072092224,"gmtModify":1637072092547,"author":{"id":"3572862021491055","authorId":"3572862021491055","name":"tothemoonnnn","avatar":"https://static.tigerbbs.com/0ec04508e6b5e1798da4dc45be8babdc","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572862021491055","authorIdStr":"3572862021491055"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/PROG\">$Progenity, Inc.(PROG)$</a>hodlllll","listText":"<a href=\"https://laohu8.com/S/PROG\">$Progenity, Inc.(PROG)$</a>hodlllll","text":"$Progenity, Inc.(PROG)$hodlllll","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/871293308","isVote":1,"tweetType":1,"viewCount":1265,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":879595872,"gmtCreate":1636733641876,"gmtModify":1636733641976,"author":{"id":"3572862021491055","authorId":"3572862021491055","name":"tothemoonnnn","avatar":"https://static.tigerbbs.com/0ec04508e6b5e1798da4dc45be8babdc","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572862021491055","authorIdStr":"3572862021491055"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/CYTO\">$Altamira Therapeutics Ltd.(CYTO)$</a>&nbsp;back to 3.2?","listText":"<a href=\"https://laohu8.com/S/CYTO\">$Altamira Therapeutics Ltd.(CYTO)$</a>&nbsp;back to 3.2?","text":"$Altamira Therapeutics Ltd.(CYTO)$ back to 3.2?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/879595872","isVote":1,"tweetType":1,"viewCount":1610,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":879229005,"gmtCreate":1636729187701,"gmtModify":1636729201886,"author":{"id":"3572862021491055","authorId":"3572862021491055","name":"tothemoonnnn","avatar":"https://static.tigerbbs.com/0ec04508e6b5e1798da4dc45be8babdc","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572862021491055","authorIdStr":"3572862021491055"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/PROG\">$Progenity, Inc.(PROG)$</a>diamond hands!!!!&nbsp;","listText":"<a href=\"https://laohu8.com/S/PROG\">$Progenity, Inc.(PROG)$</a>diamond hands!!!!&nbsp;","text":"$Progenity, Inc.(PROG)$diamond hands!!!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/879229005","isVote":1,"tweetType":1,"viewCount":1078,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":879676577,"gmtCreate":1636724523129,"gmtModify":1636724523282,"author":{"id":"3572862021491055","authorId":"3572862021491055","name":"tothemoonnnn","avatar":"https://static.tigerbbs.com/0ec04508e6b5e1798da4dc45be8babdc","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572862021491055","authorIdStr":"3572862021491055"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/SNDL\">$Sundial Growers Inc.(SNDL)$</a>&nbsp;we don't want to see the cents&nbsp;anymore.&nbsp;Give us the $$$$!&nbsp;","listText":"<a href=\"https://laohu8.com/S/SNDL\">$Sundial Growers Inc.(SNDL)$</a>&nbsp;we don't want to see the cents&nbsp;anymore.&nbsp;Give us the $$$$!&nbsp;","text":"$Sundial Growers Inc.(SNDL)$ we don't want to see the cents anymore. Give us the $$$$!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/879676577","isVote":1,"tweetType":1,"viewCount":794,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":879873200,"gmtCreate":1636709723342,"gmtModify":1636709723516,"author":{"id":"3572862021491055","authorId":"3572862021491055","name":"tothemoonnnn","avatar":"https://static.tigerbbs.com/0ec04508e6b5e1798da4dc45be8babdc","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572862021491055","authorIdStr":"3572862021491055"},"themes":[],"title":"","htmlText":"Finally!&nbsp;","listText":"Finally!&nbsp;","text":"Finally!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/879873200","repostId":"1111257324","repostType":2,"repost":{"id":"1111257324","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1636707678,"share":"https://www.laohunote.com/m/news/1111257324?lang=zh_CN&edition=full","pubTime":"2021-11-12 17:01","market":"us","language":"en","title":"Sundial Growers shares jumped nearly 30% in premarket trading<blockquote>Sundial Growers 股价在盘前交易中上涨近 30%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1111257324","media":"Tiger Newspress","summary":"Sundial Growers shares jumped nearly 30% in premarket trading.\nSundial Growers Q3 net earnings of C$","content":"<p>Sundial&nbsp;Growers&nbsp;shares&nbsp;jumped&nbsp;nearly&nbsp;30%&nbsp;in&nbsp;premarket&nbsp;trading.<img src=\"https://static.tigerbbs.com/3de04b90c63ee97eeb257d4958dd89eb\" tg-width=\"876\" tg-height=\"655\" referrerpolicy=\"no-referrer\"></p><p><blockquote>Sundial Growers 股价在盘前交易中上涨近 30%。</blockquote></p><p> Sundial Growers&nbsp;Q3 net earnings of C$11.3M vs. a loss of C$71.4M in prior year.</p><p><blockquote>Sundial Growers 第三季度净利润为 1130 万加元，而上年同期亏损 7140 万加元。</blockquote></p><p> In addition, Sundial Growers'&nbsp;Board has approved a new share repurchase program of up to C$100 million of its outstanding common shares.</p><p><blockquote>此外，Sundial Growers 董事会已批准一项新的股票回购计划，回购其已发行普通股最多 1 亿加元。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Sundial Growers shares jumped nearly 30% in premarket trading<blockquote>Sundial Growers 股价在盘前交易中上涨近 30%</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSundial Growers shares jumped nearly 30% in premarket trading<blockquote>Sundial Growers 股价在盘前交易中上涨近 30%</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-11-12 17:01</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Sundial&nbsp;Growers&nbsp;shares&nbsp;jumped&nbsp;nearly&nbsp;30%&nbsp;in&nbsp;premarket&nbsp;trading.<img src=\"https://static.tigerbbs.com/3de04b90c63ee97eeb257d4958dd89eb\" tg-width=\"876\" tg-height=\"655\" referrerpolicy=\"no-referrer\"></p><p><blockquote>Sundial Growers 股价在盘前交易中上涨近 30%。</blockquote></p><p> Sundial Growers&nbsp;Q3 net earnings of C$11.3M vs. a loss of C$71.4M in prior year.</p><p><blockquote>Sundial Growers 第三季度净利润为 1130 万加元，而上年同期亏损 7140 万加元。</blockquote></p><p> In addition, Sundial Growers'&nbsp;Board has approved a new share repurchase program of up to C$100 million of its outstanding common shares.</p><p><blockquote>此外，Sundial Growers 董事会已批准一项新的股票回购计划，回购其已发行普通股最多 1 亿加元。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SNDL":"SNDL Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1111257324","content_text":"Sundial Growers shares jumped nearly 30% in premarket trading.\nSundial Growers Q3 net earnings of C$11.3M vs. a loss of C$71.4M in prior year.\nIn addition, Sundial Growers' Board has approved a new share repurchase program of up to C$100 million of its outstanding common shares.","news_type":1,"symbols_score_info":{"SNDL":0.9}},"isVote":1,"tweetType":1,"viewCount":1196,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":879858909,"gmtCreate":1636707951007,"gmtModify":1636708738511,"author":{"id":"3572862021491055","authorId":"3572862021491055","name":"tothemoonnnn","avatar":"https://static.tigerbbs.com/0ec04508e6b5e1798da4dc45be8babdc","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572862021491055","authorIdStr":"3572862021491055"},"themes":[],"title":"","htmlText":"<a 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href=\"https://laohu8.com/S/SNDL\">$Sundial Growers Inc.(SNDL)$</a>&nbsp;冲啊！！！！！","text":"$Sundial Growers Inc.(SNDL)$ 冲啊！！！！！","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/879859467","isVote":1,"tweetType":1,"viewCount":820,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":870080865,"gmtCreate":1636558231488,"gmtModify":1636559035848,"author":{"id":"3572862021491055","authorId":"3572862021491055","name":"tothemoonnnn","avatar":"https://static.tigerbbs.com/0ec04508e6b5e1798da4dc45be8babdc","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572862021491055","authorIdStr":"3572862021491055"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/PROG\">$Progenity, Inc.(PROG)$</a>&nbsp;up up uppppp!!!&nbsp;","listText":"<a href=\"https://laohu8.com/S/PROG\">$Progenity, Inc.(PROG)$</a>&nbsp;up up uppppp!!!&nbsp;","text":"$Progenity, Inc.(PROG)$ up up uppppp!!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/870080865","isVote":1,"tweetType":1,"viewCount":954,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"hots":[{"id":153909051,"gmtCreate":1624995424573,"gmtModify":1631885418954,"author":{"id":"3572862021491055","authorId":"3572862021491055","name":"tothemoonnnn","avatar":"https://static.tigerbbs.com/0ec04508e6b5e1798da4dc45be8babdc","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572862021491055","authorIdStr":"3572862021491055"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/MRIN\">$Marin(MRIN)$</a>&nbsp;ahh.. Sold too early!&nbsp;","listText":"<a href=\"https://laohu8.com/S/MRIN\">$Marin(MRIN)$</a>&nbsp;ahh.. Sold too early!&nbsp;","text":"$Marin(MRIN)$ ahh.. Sold too early!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":1,"link":"https://laohu8.com/post/153909051","isVote":1,"tweetType":1,"viewCount":1450,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":878144282,"gmtCreate":1637161903805,"gmtModify":1637161903985,"author":{"id":"3572862021491055","authorId":"3572862021491055","name":"tothemoonnnn","avatar":"https://static.tigerbbs.com/0ec04508e6b5e1798da4dc45be8babdc","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572862021491055","authorIdStr":"3572862021491055"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/PROG\">$Progenity, Inc.(PROG)$</a>&nbsp;just hold!!! We can do this!!!&nbsp;","listText":"<a href=\"https://laohu8.com/S/PROG\">$Progenity, Inc.(PROG)$</a>&nbsp;just hold!!! We can do this!!!&nbsp;","text":"$Progenity, Inc.(PROG)$ just hold!!! We can do this!!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":11,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/878144282","isVote":1,"tweetType":1,"viewCount":4737,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":874011193,"gmtCreate":1637711265899,"gmtModify":1637711266053,"author":{"id":"3572862021491055","authorId":"3572862021491055","name":"tothemoonnnn","avatar":"https://static.tigerbbs.com/0ec04508e6b5e1798da4dc45be8babdc","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572862021491055","authorIdStr":"3572862021491055"},"themes":[],"title":"","htmlText":"Like pls&nbsp;","listText":"Like pls&nbsp;","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/874011193","repostId":"2185336565","repostType":4,"isVote":1,"tweetType":1,"viewCount":3295,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":878393990,"gmtCreate":1637145581948,"gmtModify":1637145582053,"author":{"id":"3572862021491055","authorId":"3572862021491055","name":"tothemoonnnn","avatar":"https://static.tigerbbs.com/0ec04508e6b5e1798da4dc45be8babdc","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572862021491055","authorIdStr":"3572862021491055"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/PROG\">$Progenity, Inc.(PROG)$</a>BUY AND HOLDDD! Time for us to shoot!!&nbsp;","listText":"<a href=\"https://laohu8.com/S/PROG\">$Progenity, Inc.(PROG)$</a>BUY AND HOLDDD! Time for us to shoot!!&nbsp;","text":"$Progenity, Inc.(PROG)$BUY AND HOLDDD! Time for us to shoot!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":11,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/878393990","isVote":1,"tweetType":1,"viewCount":1167,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":162022528,"gmtCreate":1624028436264,"gmtModify":1634023854954,"author":{"id":"3572862021491055","authorId":"3572862021491055","name":"tothemoonnnn","avatar":"https://static.tigerbbs.com/0ec04508e6b5e1798da4dc45be8babdc","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572862021491055","authorIdStr":"3572862021491055"},"themes":[],"title":"","htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/162022528","repostId":"1119256489","repostType":4,"repost":{"id":"1119256489","kind":"news","pubTimestamp":1624027322,"share":"https://www.laohunote.com/m/news/1119256489?lang=zh_CN&edition=full","pubTime":"2021-06-18 22:42","market":"us","language":"en","title":"Sykes Enterprises Soars on Deal to Be Bought by Sitel Group<blockquote>Sykes Enterprises 因被 Sitel Group 收购而飙升</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1119256489","media":"thestreet","summary":"Sykes Enterprises (SYKE) shares soared Friday after the company announced that fellow customer exper","content":"<p>Sykes Enterprises&nbsp;(<b>SYKE</b>)&nbsp;shares soared Friday after the company announced that fellow customer experience company&nbsp;Sitel Group is acquiring it and taking it private in a $2.2-billion cash deal.</p><p><blockquote>赛克斯企业（<b>病态</b>) 该公司宣布客户体验公司 Sitel Group 将以 22 亿美元的现金交易收购该公司并将其私有化后，该公司股价周五飙升。</blockquote></p><p> Sykes recently traded at $53.48, up 29.90%, on Friday morning.</p><p><blockquote>周五上午，赛克斯最近的交易价格为 53.48 美元，上涨 29.90%。</blockquote></p><p> Following the proposed transaction, the combined company will employ 155,00 workers in 39 countries, serving more than 600 clients. The companies expect combined revenue of more than $4 billion this year.</p><p><blockquote>拟议交易完成后，合并后的公司将在 39 个国家雇用 155,00 名员工，为 600 多个客户提供服务。两家公司预计今年的总收入将超过 40 亿美元。</blockquote></p><p> “By joining forces with such a healthy, profitable and financially solid U.S. brand that also has a stellar reputation, we will further enhance our global reach,\" said Laurent Uberti, chief executive of Sitel Group, in a statement.</p><p><blockquote>“Sitel Group 首席执行官 Laurent Uberti 在一份声明中说：”通过与这样一个健康、盈利、财务稳健的美国品牌联手，我们将进一步扩大我们的全球影响力。</blockquote></p><p> The transaction is expected to be completed in the second half of 2021. Upon the closing of the deal, Sykes will cease trading on Nasdaq.</p><p><blockquote>该交易预计将于二零二一年下半年完成。交易完成后，赛克斯将停止在纳斯达克进行交易。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Sykes Enterprises Soars on Deal to Be Bought by Sitel Group<blockquote>Sykes Enterprises 因被 Sitel Group 收购而飙升</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSykes Enterprises Soars on Deal to Be Bought by Sitel Group<blockquote>Sykes Enterprises 因被 Sitel Group 收购而飙升</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">thestreet</strong><span class=\"h-time small\">2021-06-18 22:42</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Sykes Enterprises&nbsp;(<b>SYKE</b>)&nbsp;shares soared Friday after the company announced that fellow customer experience company&nbsp;Sitel Group is acquiring it and taking it private in a $2.2-billion cash deal.</p><p><blockquote>赛克斯企业（<b>病态</b>) 该公司宣布客户体验公司 Sitel Group 将以 22 亿美元的现金交易收购该公司并将其私有化后，该公司股价周五飙升。</blockquote></p><p> Sykes recently traded at $53.48, up 29.90%, on Friday morning.</p><p><blockquote>周五上午，赛克斯最近的交易价格为 53.48 美元，上涨 29.90%。</blockquote></p><p> Following the proposed transaction, the combined company will employ 155,00 workers in 39 countries, serving more than 600 clients. The companies expect combined revenue of more than $4 billion this year.</p><p><blockquote>拟议交易完成后，合并后的公司将在 39 个国家雇用 155,00 名员工，为 600 多个客户提供服务。两家公司预计今年的总收入将超过 40 亿美元。</blockquote></p><p> “By joining forces with such a healthy, profitable and financially solid U.S. brand that also has a stellar reputation, we will further enhance our global reach,\" said Laurent Uberti, chief executive of Sitel Group, in a statement.</p><p><blockquote>“Sitel Group 首席执行官 Laurent Uberti 在一份声明中说：”通过与这样一个健康、盈利、财务稳健的美国品牌联手，我们将进一步扩大我们的全球影响力。</blockquote></p><p> The transaction is expected to be completed in the second half of 2021. Upon the closing of the deal, Sykes will cease trading on Nasdaq.</p><p><blockquote>该交易预计将于二零二一年下半年完成。交易完成后，赛克斯将停止在纳斯达克进行交易。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.thestreet.com/investing/sykes-enterprises-sitel-group-buyout-2-billion-dollars\">thestreet</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SYKE":"赛科斯企业"},"source_url":"https://www.thestreet.com/investing/sykes-enterprises-sitel-group-buyout-2-billion-dollars","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1119256489","content_text":"Sykes Enterprises (SYKE) shares soared Friday after the company announced that fellow customer experience company Sitel Group is acquiring it and taking it private in a $2.2-billion cash deal.\nSykes recently traded at $53.48, up 29.90%, on Friday morning.\nFollowing the proposed transaction, the combined company will employ 155,00 workers in 39 countries, serving more than 600 clients. The companies expect combined revenue of more than $4 billion this year.\n“By joining forces with such a healthy, profitable and financially solid U.S. brand that also has a stellar reputation, we will further enhance our global reach,\" said Laurent Uberti, chief executive of Sitel Group, in a statement.\nThe transaction is expected to be completed in the second half of 2021. Upon the closing of the deal, Sykes will cease trading on Nasdaq.","news_type":1,"symbols_score_info":{"SYKE":0.9}},"isVote":1,"tweetType":1,"viewCount":898,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":100185773,"gmtCreate":1619589951192,"gmtModify":1631884043207,"author":{"id":"3572862021491055","authorId":"3572862021491055","name":"tothemoonnnn","avatar":"https://static.tigerbbs.com/0ec04508e6b5e1798da4dc45be8babdc","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572862021491055","authorIdStr":"3572862021491055"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/HUYA\">$Huya Inc.(HUYA)$</a>&nbsp;is it a good time&nbsp;to enter?&nbsp;","listText":"<a href=\"https://laohu8.com/S/HUYA\">$Huya Inc.(HUYA)$</a>&nbsp;is it a good time&nbsp;to enter?&nbsp;","text":"$Huya Inc.(HUYA)$ is it a good time to enter?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/100185773","isVote":1,"tweetType":1,"viewCount":986,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":342270261,"gmtCreate":1618226549553,"gmtModify":1634294332105,"author":{"id":"3572862021491055","authorId":"3572862021491055","name":"tothemoonnnn","avatar":"https://static.tigerbbs.com/0ec04508e6b5e1798da4dc45be8babdc","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572862021491055","authorIdStr":"3572862021491055"},"themes":[],"title":"","htmlText":"Like. N comment","listText":"Like. N comment","text":"Like. N comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/342270261","repostId":"1121930993","repostType":4,"repost":{"id":"1121930993","kind":"news","pubTimestamp":1618224287,"share":"https://www.laohunote.com/m/news/1121930993?lang=zh_CN&edition=full","pubTime":"2021-04-12 18:44","market":"us","language":"en","title":"Is Bitcoin Displacing Gold As An Inflation Hedge?<blockquote>比特币正在取代黄金成为通胀对冲工具吗？</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1121930993","media":"zerohedge","summary":"Silver and Gold, and Bitcoin\nHow to explain bitcoin? As I said a couple of weeks ago, it’s hard to d","content":"<p><b>Silver and Gold, and Bitcoin</b></p><p><blockquote><b>白银和黄金，以及比特币</b></blockquote></p><p> How to explain bitcoin? As I said a couple of weeks ago, it’s hard to dismiss the digital currency as a classic investment bubble because —&nbsp;unlike any of the other historical manias which have seen similarly extreme gains in price —&nbsp;it has formed a series of bubbles, which have burst&nbsp;and then reinflated.<b>Bubbles aren’t supposed to do this</b>: They are booms grown so large that they cannot gently deflate and must burst, never to return.</p><p><blockquote>如何解释比特币？正如我几周前所说，很难将数字货币视为典型的投资泡沫，因为与历史上任何其他类似价格极端上涨的热潮不同，数字货币形成了一系列泡沫，这些泡沫破裂后又重新膨胀。<b>泡泡不应该这样做</b>它们是如此之大的繁荣，以至于它们不能轻轻地放气，必须破裂，永远不会回来。</blockquote></p><p> Bitcoin has many of the symptoms of a speculative mania, led by the sheer excitement it inspires in its believers. But it’s&nbsp;hard to say what the digital asset’s value should be. Like gold, value is in the eye of the beholder. It has no intrinsic value, and while the same is true of banknotes, it has no government standing behind it.</p><p><blockquote>比特币有许多投机狂热的症状，这是由它在信徒中激发的纯粹兴奋所导致的。但很难说数字资产的价值应该是多少。就像黄金一样，价值在旁观者的眼中。它没有内在价值，虽然纸币也是如此，但它背后没有政府支持。</blockquote></p><p> Plenty of people are grappling with the same issue, and the value of bitcoin might best be derived from its absence. To see how this works, look at the odd relationship between gold and Treasury bonds, in this chart from Gavekal Research Ltd.<b>Generally, Treasuries beat gold when people aren’t too worried about inflation, while gold wins when there are inflationary concerns. Except at present, both are falling:</b></p><p><blockquote>很多人都在努力解决同样的问题，比特币的价值可能来自于它的缺席。要了解这是如何运作的，请看看 Gavekal Research Ltd. 的这张图表中黄金和国债之间的奇怪关系。<b>一般来说，当人们不太担心通货膨胀时，美国国债会跑赢黄金，而当人们担心通货膨胀时，黄金会胜出。除了目前，两者都在下降：</b></blockquote></p><p> <img src=\"https://static.tigerbbs.com/a8f06f8cd9731b383f9d0181930e6289\" tg-width=\"500\" tg-height=\"345\" referrerpolicy=\"no-referrer\">This is happening despite widespread belief in a new wave of reflationary growth, and a historic amount of money-printing, normally inflationary, illustrated here by growth in M2:</p><p><blockquote>尽管人们普遍认为新一波再通胀增长，以及历史性的印钞量（通常是通货膨胀），但这种情况仍在发生，M2 增长就说明了这一点：</blockquote></p><p> <img src=\"https://static.tigerbbs.com/1f6aff63854c5946c003f9782f80a755\" tg-width=\"500\" tg-height=\"371\" referrerpolicy=\"no-referrer\"><b>Gold is generally thought of as an inflationary hedge, but if we judge it instead in terms of silver, we see that its price has roughly halved since the Covid panic last year.</b>Gold has grown steadily more expensive relative to silver since the bizarre year of 1980 when prices of both precious metals went bonkers. The last year has seen a spike and then a reversal for the ages:</p><p><blockquote><b>黄金通常被认为是通胀对冲工具，但如果我们从白银的角度来判断，我们会发现自去年新冠疫情恐慌以来，黄金的价格已经大约减半。</b>自1980年这两种贵金属的价格都疯狂上涨以来，黄金相对于白银的价格一直在稳步上涨。过去一年经历了激增，然后又出现了逆转：</blockquote></p><p> <img src=\"https://static.tigerbbs.com/90325ba5146c527b0fe6c902382b31c3\" tg-width=\"500\" tg-height=\"281\" referrerpolicy=\"no-referrer\"><b>What drives the gold price, then?</b>Dhaval Joshi of BCA Research Inc. comes up with a different idea. The following chart shows three centuries of the gold/silver ratio. The relationship was stable until confidence in the gold standard eroded and then collapsed after the First World War. During the decades of the soft gold standard of the postwar Bretton Woods agreement&nbsp;the ratio returned to its old level, only to head back to the stratosphere once Bretton Woods broke down 50 years ago:</p><p><blockquote><b>那么，是什么推动了金价呢？</b>BCA研究公司的Dhaval Joshi提出了一个不同的想法。下图显示了三个世纪的黄金/白银比率。这种关系一直很稳定，直到人们对金本位制的信心受到侵蚀，然后在第一次世界大战后崩溃。在战后布雷顿森林协定实行软金本位制的几十年里，比率回到了原来的水平，只是在 50 年前布雷顿森林体系崩溃后又回到了平流层：</blockquote></p><p> <img src=\"https://static.tigerbbs.com/77d3e6c10076e2672025d9f70cf13fa0\" tg-width=\"500\" tg-height=\"252\" referrerpolicy=\"no-referrer\">Joshi contends that this shows demand for gold over silver is driven by its perception as a superior “anti-fiat” asset. If people are worried about the long-term buying power of government-issued currencies, they will be prepared to pay more for gold, with its perceived role as a store of value. How then do we explain gold’s sudden fall in silver terms over the last year?</p><p><blockquote>乔希认为，这表明对黄金相对于白银的需求是由人们认为黄金是一种优越的 “反法定 ”资产所驱动的。如果人们担心政府发行货币的长期购买力，他们将准备为黄金支付更多费用，因为人们认为黄金是一种价值储存手段。那么，我们如何解释去年黄金在白银方面的突然下跌呢？</blockquote></p><p> <b>The Joshi argument is that bitcoin has risen as an alternative anti-fiat asset. It has been popular because of the libertarian anti-government ideas that have accompanied the digital currency since its inception. Bitcoin’s increase in&nbsp;scale to become better known and much easier to obtain now makes it a much more viable competitor for the shiny metal.</b></p><p><blockquote><b>乔希的论点是，比特币已经成为一种替代的反法定资产。它之所以受欢迎，是因为数字货币自诞生以来就伴随着自由主义的反政府思想。比特币的规模不断扩大，变得更加知名，现在也更容易获得，这使其成为闪亮金属更有力的竞争对手。</b></blockquote></p><p> There is circumstantial evidence that some money has flowed directly from gold into bitcoin. The following chart is from Charles Morris of ByteTree Asset Management Ltd.&nbsp;and shows flows into investment funds holding both assets since last May:</p><p><blockquote>有间接证据表明，一些资金直接从黄金流入比特币。下图来自字节树资产管理有限公司的 Charles Morris，显示了自去年 5 月以来持有这两种资产的投资基金的资金流量：</blockquote></p><p> <img src=\"https://static.tigerbbs.com/ecdeb7acff0aeb1150b22b1daed5e655\" tg-width=\"500\" tg-height=\"301\" referrerpolicy=\"no-referrer\"><b>Not all of the money leaving gold has gone into bitcoin, but quite a big chunk has.</b>Institutions appear to be making a decision to allocate some money to bitcoin as a hedge against a fiat collapse. (Another important destination appears to be Chinese bonds.) Bitcoin’s strength in the last few months has come despite a distinct drop-off in Google searches for the term, which might be taken as a proxy for retail interest, or&nbsp;the kind of excitement that typically accompanies a bubble:</p><p><blockquote><b>并非所有离开黄金的资金都流入了比特币，但有相当一部分流入了。</b>各机构似乎正在决定向比特币分配一些资金，作为对菲亚特崩溃的对冲。(另一个重要的目的地似乎是中国债券。）尽管比特币在过去几个月中的走强，但谷歌对该术语的搜索量明显下降，这可能被视为散户兴趣的代表，或者通常伴随泡沫而来的那种兴奋：</blockquote></p><p></p><p> <b>Bitcoin’s performance over the last year is directly aligned with movements in bond yields.</b>When yields rise, so does bitcoin. This implies that the digital currency benefits directly from the “reflation trade” —&nbsp;or the belief that inflation is coming. And to be clear, before anyone accuses me of chart crime, this one has two scales. Bitcoin is prone to much more titanic moves than Treasury bonds. The point is that they both move in the same direction at the same time:</p><p><blockquote><b>比特币去年的表现与债券收益率的变动直接相关。</b>当收益率上升时，比特币也会上升。这意味着数字货币直接受益于 “再通胀贸易 ”--或者说通胀即将到来的信念。需要明确的是，在任何人指控我图表犯罪之前，这个有两个尺度。与国债相比，比特币更容易出现更多重大举措。关键是它们同时朝同一个方向移动：</blockquote></p><p> A rather more scientific analysis by the British research firm Quant Insight Ltd. shows bitcoin’s key sensitivity is to inflation breakevens.<b>The same is true of gold. The difference, at present, is that bitcoin is positively correlated with breakevens, gaining when fears about inflation rise, while gold is negatively correlated.</b></p><p><blockquote>英国研究公司 Quant Insight Ltd. 的一项更为科学的分析表明，比特币的主要敏感性在于通胀盈亏平衡。<b>黄金也是如此。目前的不同之处在于，比特币与盈亏平衡呈正相关，当对通胀的担忧加剧时就会上涨，而黄金则呈负相关。</b></blockquote></p><p> <img src=\"https://static.tigerbbs.com/f4914e4b3acf9a51a825d944e7be4c89\" tg-width=\"500\" tg-height=\"281\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Adding another layer, Morris of ByteTree suggests that bitcoin is behaving like a growth stock, and gold has never done that:</p><p><blockquote>ByteTree 的 Morris 补充说，比特币的表现就像一只成长型股票，而黄金从未这样做过：</blockquote></p><p>   Bitcoin seems to have it all. It is one of the few assets that seems to benefit from a rising bond yield – something we reserve for true growth stocks and those cyclicals enjoying recovery. Conversely, this is normally detrimental to traditional low-growth safe assets such as gold, defensive yield stocks and bonds. Unlike defensive stocks and bonds, Bitcoin and gold are both inflation-sensitive, but gold is happiest when the world faces a downward spiral. In contrast, Bitcoin prefers a stronger economy, when the yield is rising. This is where we are today.  <b>The current drive in bitcoin therefore looks like a bid to protect against currency debasement, by means of a measured transfer from gold, which is deemed the weaker anti-fiat asset for the moment.</b>Bitcoin’s recent pause (at a level where its price is still double what it was at the start the year) overlaps with a pause in the bond market, which had seemed to get ahead of itself. Real 10-year yields have essentially moved sideways for more than a month since their big rise ended in late February:</p><p><blockquote>比特币似乎拥有一切。它是少数几种似乎受益于债券收益率上升的资产之一——我们为真正的成长型股票和那些享受复苏的周期性股票保留了这种资产。相反，这通常不利于黄金、防御性收益率股票和债券等传统低增长安全资产。与防御性股票和债券不同，比特币和黄金都对通胀敏感，但当世界面临螺旋式下降时，黄金最快乐。相比之下，当收益率上升时，比特币更喜欢更强劲的经济。这就是我们今天的处境。<b>因此，比特币目前的举措看起来像是通过从黄金进行有节制的转移来防止货币贬值，黄金目前被认为是较弱的反法定资产。</b>比特币最近的暂停（其价格仍是年初的两倍）与债券市场的暂停重叠，而债券市场似乎已经超前了。自 2 月底大幅上涨结束以来，实际 10 年期国债收益率基本上横盘整理了一个多月：</blockquote></p><p> <b>If this is what is motivating people to buy bitcoin, with resurgence in fears of debasement and inflation accounting for its persistent recovery after crashes, the question of exactly how we should value it remains.</b>Joshi looks at the merits of an anti-fiat asset as being tied up with its ability to avoid major losses. Gold can also have big drawdowns, but nothing like the epic losses that bitcoin periodically inflicts on its holders before rallying again. As bitcoin’s declines tend to be three times bigger, risk can be equalized by holding three times as much gold as bitcoin —&nbsp;which implies buying more bitcoin from here:</p><p><blockquote><b>如果这就是促使人们购买比特币的原因，而对货币贬值和通货膨胀的担忧复苏是其在崩盘后持续复苏的原因，那么我们究竟应该如何估值它的问题仍然存在。</b>乔希认为，反法定资产的优点与其避免重大损失的能力有关。黄金也可能出现大幅下跌，但没有什么比比特币在再次反弹之前定期给其持有者造成的巨大损失更好的了。由于比特币的跌幅往往是比特币的三倍，因此可以通过持有三倍于比特币的黄金来平衡风险--这意味着要从这里购买更多的比特币：</blockquote></p><p> <img src=\"https://static.tigerbbs.com/2b2771040ef04af0bbee37892e4443fc\" tg-width=\"500\" tg-height=\"644\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> <b>Is bitcoin really that direct a substitute for gold?</b>It’s a tough proposition to handle. I am typing this with a very small piece of gold around my ring finger. I am confident that I will never swap my wedding ring for one made of bitcoin. Gold at least has an intrinsic use as the raw material for much-desired jewelry. Bitcoin has nothing so straightforward to fall back on. Official action might easily&nbsp;limit use of the digital asset if it grew big enough to challenge the government’s monopoly of currency issuance.</p><p><blockquote><b>比特币真的是黄金的替代品吗？</b>这是一个很难处理的提议。我用无名指上的一小块金子打这个。我确信我永远不会把我的结婚戒指换成比特币做的。黄金至少有作为备受追捧的珠宝原材料的内在用途。比特币没有什么可以依靠的。如果数字资产发展到足以挑战政府对货币发行的垄断，官方行动可能会很容易地限制其使用。</blockquote></p><p> One final issue is that, as with gold, there is so little to hold on to. Yes, there are some measures that can justify a rising price. Bitcoin has been ingeniously designed so that the supply of new coin will reduce over time, and so that price declines will reduce the incentive to spend money on increasing supply. Network effects can also make the currency more useful —&nbsp;the more applications are developed, and the more easily and swiftly it can be used, the more it becomes a viable currency. But it still provides no yield to compare it to other assets. And its continued susceptibility to massive crashes messes up its use as a means of exchange, while ensuring that it continues to be an unreliable store of value.</p><p><blockquote>最后一个问题是，就像黄金一样，几乎没有什么可以持有的。是的，有一些措施可以证明价格上涨是合理的。比特币被巧妙地设计成新硬币的供应量会随着时间的推移而减少，价格下跌会减少花钱增加供应量的动力。网络效应也可以使货币更有用——开发的应用程序越多，使用起来越容易、越迅速，它就越成为一种可行的货币。但与其他资产相比，它仍然没有提供任何收益率。它对大规模崩溃的持续敏感性扰乱了它作为交换手段的使用，同时确保它仍然是一个不可靠的价值储存手段。</blockquote></p><p> The technology undergirding bitcoin and other cryptocurrencies continues to develop. Like the laser, in its early days known as a “solution in search of a problem,” cryptocurrencies and the blockchain could solve all kind of problems for us. This is a reasonable hope, if not something that can be pinned down and valued with discounted cash flow analysis.</p><p><blockquote>支撑比特币和其他加密货币的技术继续发展。就像早期被称为 “寻找问题的解决方案 ”的激光一样，加密货币和区块链可以为我们解决各种问题。这是一个合理的希望，如果不是可以通过贴现现金流分析来确定和估值的话。</blockquote></p><p></p><p> <b>For now, bitcoin fills a demand for a wider array of alternatives to fiat currencies at a time when many are deeply skeptical of monetary policy, while also promising the kind of exciting growth that tech stocks have done.</b>It’s understandable that there would be wide demand for such an asset. And while that demand is strong, it is aided by that other universal force in markets; fear of missing out. If reflation doesn’t&nbsp;come through on cue, however, it might be as well to brace for another bitcoin bump.</p><p><blockquote><b>目前，在许多人对货币政策深表怀疑之际，比特币满足了对更广泛法定货币替代品的需求，同时也承诺了科技股所取得的令人兴奋的增长。</b>可以理解的是，这种资产会有广泛的需求。虽然这种需求很强劲，但它得到了市场中另一种普遍力量的帮助；害怕错过。不过，如果通货膨胀不能如期而至，那么不妨为比特币的再次上涨做好准备。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Is Bitcoin Displacing Gold As An Inflation Hedge?<blockquote>比特币正在取代黄金成为通胀对冲工具吗？</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIs Bitcoin Displacing Gold As An Inflation Hedge?<blockquote>比特币正在取代黄金成为通胀对冲工具吗？</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">zerohedge</strong><span class=\"h-time small\">2021-04-12 18:44</span>\n</p>\n</h4>\n</header>\n<article>\n<p><b>Silver and Gold, and Bitcoin</b></p><p><blockquote><b>白银和黄金，以及比特币</b></blockquote></p><p> How to explain bitcoin? As I said a couple of weeks ago, it’s hard to dismiss the digital currency as a classic investment bubble because —&nbsp;unlike any of the other historical manias which have seen similarly extreme gains in price —&nbsp;it has formed a series of bubbles, which have burst&nbsp;and then reinflated.<b>Bubbles aren’t supposed to do this</b>: They are booms grown so large that they cannot gently deflate and must burst, never to return.</p><p><blockquote>如何解释比特币？正如我几周前所说，很难将数字货币视为典型的投资泡沫，因为与历史上任何其他类似价格极端上涨的热潮不同，数字货币形成了一系列泡沫，这些泡沫破裂后又重新膨胀。<b>泡泡不应该这样做</b>它们是如此之大的繁荣，以至于它们不能轻轻地放气，必须破裂，永远不会回来。</blockquote></p><p> Bitcoin has many of the symptoms of a speculative mania, led by the sheer excitement it inspires in its believers. But it’s&nbsp;hard to say what the digital asset’s value should be. Like gold, value is in the eye of the beholder. It has no intrinsic value, and while the same is true of banknotes, it has no government standing behind it.</p><p><blockquote>比特币有许多投机狂热的症状，这是由它在信徒中激发的纯粹兴奋所导致的。但很难说数字资产的价值应该是多少。就像黄金一样，价值在旁观者的眼中。它没有内在价值，虽然纸币也是如此，但它背后没有政府支持。</blockquote></p><p> Plenty of people are grappling with the same issue, and the value of bitcoin might best be derived from its absence. To see how this works, look at the odd relationship between gold and Treasury bonds, in this chart from Gavekal Research Ltd.<b>Generally, Treasuries beat gold when people aren’t too worried about inflation, while gold wins when there are inflationary concerns. Except at present, both are falling:</b></p><p><blockquote>很多人都在努力解决同样的问题，比特币的价值可能来自于它的缺席。要了解这是如何运作的，请看看 Gavekal Research Ltd. 的这张图表中黄金和国债之间的奇怪关系。<b>一般来说，当人们不太担心通货膨胀时，美国国债会跑赢黄金，而当人们担心通货膨胀时，黄金会胜出。除了目前，两者都在下降：</b></blockquote></p><p> <img src=\"https://static.tigerbbs.com/a8f06f8cd9731b383f9d0181930e6289\" tg-width=\"500\" tg-height=\"345\" referrerpolicy=\"no-referrer\">This is happening despite widespread belief in a new wave of reflationary growth, and a historic amount of money-printing, normally inflationary, illustrated here by growth in M2:</p><p><blockquote>尽管人们普遍认为新一波再通胀增长，以及历史性的印钞量（通常是通货膨胀），但这种情况仍在发生，M2 增长就说明了这一点：</blockquote></p><p> <img src=\"https://static.tigerbbs.com/1f6aff63854c5946c003f9782f80a755\" tg-width=\"500\" tg-height=\"371\" referrerpolicy=\"no-referrer\"><b>Gold is generally thought of as an inflationary hedge, but if we judge it instead in terms of silver, we see that its price has roughly halved since the Covid panic last year.</b>Gold has grown steadily more expensive relative to silver since the bizarre year of 1980 when prices of both precious metals went bonkers. The last year has seen a spike and then a reversal for the ages:</p><p><blockquote><b>黄金通常被认为是通胀对冲工具，但如果我们从白银的角度来判断，我们会发现自去年新冠疫情恐慌以来，黄金的价格已经大约减半。</b>自1980年这两种贵金属的价格都疯狂上涨以来，黄金相对于白银的价格一直在稳步上涨。过去一年经历了激增，然后又出现了逆转：</blockquote></p><p> <img src=\"https://static.tigerbbs.com/90325ba5146c527b0fe6c902382b31c3\" tg-width=\"500\" tg-height=\"281\" referrerpolicy=\"no-referrer\"><b>What drives the gold price, then?</b>Dhaval Joshi of BCA Research Inc. comes up with a different idea. The following chart shows three centuries of the gold/silver ratio. The relationship was stable until confidence in the gold standard eroded and then collapsed after the First World War. During the decades of the soft gold standard of the postwar Bretton Woods agreement&nbsp;the ratio returned to its old level, only to head back to the stratosphere once Bretton Woods broke down 50 years ago:</p><p><blockquote><b>那么，是什么推动了金价呢？</b>BCA研究公司的Dhaval Joshi提出了一个不同的想法。下图显示了三个世纪的黄金/白银比率。这种关系一直很稳定，直到人们对金本位制的信心受到侵蚀，然后在第一次世界大战后崩溃。在战后布雷顿森林协定实行软金本位制的几十年里，比率回到了原来的水平，只是在 50 年前布雷顿森林体系崩溃后又回到了平流层：</blockquote></p><p> <img src=\"https://static.tigerbbs.com/77d3e6c10076e2672025d9f70cf13fa0\" tg-width=\"500\" tg-height=\"252\" referrerpolicy=\"no-referrer\">Joshi contends that this shows demand for gold over silver is driven by its perception as a superior “anti-fiat” asset. If people are worried about the long-term buying power of government-issued currencies, they will be prepared to pay more for gold, with its perceived role as a store of value. How then do we explain gold’s sudden fall in silver terms over the last year?</p><p><blockquote>乔希认为，这表明对黄金相对于白银的需求是由人们认为黄金是一种优越的 “反法定 ”资产所驱动的。如果人们担心政府发行货币的长期购买力，他们将准备为黄金支付更多费用，因为人们认为黄金是一种价值储存手段。那么，我们如何解释去年黄金在白银方面的突然下跌呢？</blockquote></p><p> <b>The Joshi argument is that bitcoin has risen as an alternative anti-fiat asset. It has been popular because of the libertarian anti-government ideas that have accompanied the digital currency since its inception. Bitcoin’s increase in&nbsp;scale to become better known and much easier to obtain now makes it a much more viable competitor for the shiny metal.</b></p><p><blockquote><b>乔希的论点是，比特币已经成为一种替代的反法定资产。它之所以受欢迎，是因为数字货币自诞生以来就伴随着自由主义的反政府思想。比特币的规模不断扩大，变得更加知名，现在也更容易获得，这使其成为闪亮金属更有力的竞争对手。</b></blockquote></p><p> There is circumstantial evidence that some money has flowed directly from gold into bitcoin. The following chart is from Charles Morris of ByteTree Asset Management Ltd.&nbsp;and shows flows into investment funds holding both assets since last May:</p><p><blockquote>有间接证据表明，一些资金直接从黄金流入比特币。下图来自字节树资产管理有限公司的 Charles Morris，显示了自去年 5 月以来持有这两种资产的投资基金的资金流量：</blockquote></p><p> <img src=\"https://static.tigerbbs.com/ecdeb7acff0aeb1150b22b1daed5e655\" tg-width=\"500\" tg-height=\"301\" referrerpolicy=\"no-referrer\"><b>Not all of the money leaving gold has gone into bitcoin, but quite a big chunk has.</b>Institutions appear to be making a decision to allocate some money to bitcoin as a hedge against a fiat collapse. (Another important destination appears to be Chinese bonds.) Bitcoin’s strength in the last few months has come despite a distinct drop-off in Google searches for the term, which might be taken as a proxy for retail interest, or&nbsp;the kind of excitement that typically accompanies a bubble:</p><p><blockquote><b>并非所有离开黄金的资金都流入了比特币，但有相当一部分流入了。</b>各机构似乎正在决定向比特币分配一些资金，作为对菲亚特崩溃的对冲。(另一个重要的目的地似乎是中国债券。）尽管比特币在过去几个月中的走强，但谷歌对该术语的搜索量明显下降，这可能被视为散户兴趣的代表，或者通常伴随泡沫而来的那种兴奋：</blockquote></p><p></p><p> <b>Bitcoin’s performance over the last year is directly aligned with movements in bond yields.</b>When yields rise, so does bitcoin. This implies that the digital currency benefits directly from the “reflation trade” —&nbsp;or the belief that inflation is coming. And to be clear, before anyone accuses me of chart crime, this one has two scales. Bitcoin is prone to much more titanic moves than Treasury bonds. The point is that they both move in the same direction at the same time:</p><p><blockquote><b>比特币去年的表现与债券收益率的变动直接相关。</b>当收益率上升时，比特币也会上升。这意味着数字货币直接受益于 “再通胀贸易 ”--或者说通胀即将到来的信念。需要明确的是，在任何人指控我图表犯罪之前，这个有两个尺度。与国债相比，比特币更容易出现更多重大举措。关键是它们同时朝同一个方向移动：</blockquote></p><p> A rather more scientific analysis by the British research firm Quant Insight Ltd. shows bitcoin’s key sensitivity is to inflation breakevens.<b>The same is true of gold. The difference, at present, is that bitcoin is positively correlated with breakevens, gaining when fears about inflation rise, while gold is negatively correlated.</b></p><p><blockquote>英国研究公司 Quant Insight Ltd. 的一项更为科学的分析表明，比特币的主要敏感性在于通胀盈亏平衡。<b>黄金也是如此。目前的不同之处在于，比特币与盈亏平衡呈正相关，当对通胀的担忧加剧时就会上涨，而黄金则呈负相关。</b></blockquote></p><p> <img src=\"https://static.tigerbbs.com/f4914e4b3acf9a51a825d944e7be4c89\" tg-width=\"500\" tg-height=\"281\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Adding another layer, Morris of ByteTree suggests that bitcoin is behaving like a growth stock, and gold has never done that:</p><p><blockquote>ByteTree 的 Morris 补充说，比特币的表现就像一只成长型股票，而黄金从未这样做过：</blockquote></p><p>   Bitcoin seems to have it all. It is one of the few assets that seems to benefit from a rising bond yield – something we reserve for true growth stocks and those cyclicals enjoying recovery. Conversely, this is normally detrimental to traditional low-growth safe assets such as gold, defensive yield stocks and bonds. Unlike defensive stocks and bonds, Bitcoin and gold are both inflation-sensitive, but gold is happiest when the world faces a downward spiral. In contrast, Bitcoin prefers a stronger economy, when the yield is rising. This is where we are today.  <b>The current drive in bitcoin therefore looks like a bid to protect against currency debasement, by means of a measured transfer from gold, which is deemed the weaker anti-fiat asset for the moment.</b>Bitcoin’s recent pause (at a level where its price is still double what it was at the start the year) overlaps with a pause in the bond market, which had seemed to get ahead of itself. Real 10-year yields have essentially moved sideways for more than a month since their big rise ended in late February:</p><p><blockquote>比特币似乎拥有一切。它是少数几种似乎受益于债券收益率上升的资产之一——我们为真正的成长型股票和那些享受复苏的周期性股票保留了这种资产。相反，这通常不利于黄金、防御性收益率股票和债券等传统低增长安全资产。与防御性股票和债券不同，比特币和黄金都对通胀敏感，但当世界面临螺旋式下降时，黄金最快乐。相比之下，当收益率上升时，比特币更喜欢更强劲的经济。这就是我们今天的处境。<b>因此，比特币目前的举措看起来像是通过从黄金进行有节制的转移来防止货币贬值，黄金目前被认为是较弱的反法定资产。</b>比特币最近的暂停（其价格仍是年初的两倍）与债券市场的暂停重叠，而债券市场似乎已经超前了。自 2 月底大幅上涨结束以来，实际 10 年期国债收益率基本上横盘整理了一个多月：</blockquote></p><p> <b>If this is what is motivating people to buy bitcoin, with resurgence in fears of debasement and inflation accounting for its persistent recovery after crashes, the question of exactly how we should value it remains.</b>Joshi looks at the merits of an anti-fiat asset as being tied up with its ability to avoid major losses. Gold can also have big drawdowns, but nothing like the epic losses that bitcoin periodically inflicts on its holders before rallying again. As bitcoin’s declines tend to be three times bigger, risk can be equalized by holding three times as much gold as bitcoin —&nbsp;which implies buying more bitcoin from here:</p><p><blockquote><b>如果这就是促使人们购买比特币的原因，而对货币贬值和通货膨胀的担忧复苏是其在崩盘后持续复苏的原因，那么我们究竟应该如何估值它的问题仍然存在。</b>乔希认为，反法定资产的优点与其避免重大损失的能力有关。黄金也可能出现大幅下跌，但没有什么比比特币在再次反弹之前定期给其持有者造成的巨大损失更好的了。由于比特币的跌幅往往是比特币的三倍，因此可以通过持有三倍于比特币的黄金来平衡风险--这意味着要从这里购买更多的比特币：</blockquote></p><p> <img src=\"https://static.tigerbbs.com/2b2771040ef04af0bbee37892e4443fc\" tg-width=\"500\" tg-height=\"644\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> <b>Is bitcoin really that direct a substitute for gold?</b>It’s a tough proposition to handle. I am typing this with a very small piece of gold around my ring finger. I am confident that I will never swap my wedding ring for one made of bitcoin. Gold at least has an intrinsic use as the raw material for much-desired jewelry. Bitcoin has nothing so straightforward to fall back on. Official action might easily&nbsp;limit use of the digital asset if it grew big enough to challenge the government’s monopoly of currency issuance.</p><p><blockquote><b>比特币真的是黄金的替代品吗？</b>这是一个很难处理的提议。我用无名指上的一小块金子打这个。我确信我永远不会把我的结婚戒指换成比特币做的。黄金至少有作为备受追捧的珠宝原材料的内在用途。比特币没有什么可以依靠的。如果数字资产发展到足以挑战政府对货币发行的垄断，官方行动可能会很容易地限制其使用。</blockquote></p><p> One final issue is that, as with gold, there is so little to hold on to. Yes, there are some measures that can justify a rising price. Bitcoin has been ingeniously designed so that the supply of new coin will reduce over time, and so that price declines will reduce the incentive to spend money on increasing supply. Network effects can also make the currency more useful —&nbsp;the more applications are developed, and the more easily and swiftly it can be used, the more it becomes a viable currency. But it still provides no yield to compare it to other assets. And its continued susceptibility to massive crashes messes up its use as a means of exchange, while ensuring that it continues to be an unreliable store of value.</p><p><blockquote>最后一个问题是，就像黄金一样，几乎没有什么可以持有的。是的，有一些措施可以证明价格上涨是合理的。比特币被巧妙地设计成新硬币的供应量会随着时间的推移而减少，价格下跌会减少花钱增加供应量的动力。网络效应也可以使货币更有用——开发的应用程序越多，使用起来越容易、越迅速，它就越成为一种可行的货币。但与其他资产相比，它仍然没有提供任何收益率。它对大规模崩溃的持续敏感性扰乱了它作为交换手段的使用，同时确保它仍然是一个不可靠的价值储存手段。</blockquote></p><p> The technology undergirding bitcoin and other cryptocurrencies continues to develop. Like the laser, in its early days known as a “solution in search of a problem,” cryptocurrencies and the blockchain could solve all kind of problems for us. This is a reasonable hope, if not something that can be pinned down and valued with discounted cash flow analysis.</p><p><blockquote>支撑比特币和其他加密货币的技术继续发展。就像早期被称为 “寻找问题的解决方案 ”的激光一样，加密货币和区块链可以为我们解决各种问题。这是一个合理的希望，如果不是可以通过贴现现金流分析来确定和估值的话。</blockquote></p><p></p><p> <b>For now, bitcoin fills a demand for a wider array of alternatives to fiat currencies at a time when many are deeply skeptical of monetary policy, while also promising the kind of exciting growth that tech stocks have done.</b>It’s understandable that there would be wide demand for such an asset. And while that demand is strong, it is aided by that other universal force in markets; fear of missing out. If reflation doesn’t&nbsp;come through on cue, however, it might be as well to brace for another bitcoin bump.</p><p><blockquote><b>目前，在许多人对货币政策深表怀疑之际，比特币满足了对更广泛法定货币替代品的需求，同时也承诺了科技股所取得的令人兴奋的增长。</b>可以理解的是，这种资产会有广泛的需求。虽然这种需求很强劲，但它得到了市场中另一种普遍力量的帮助；害怕错过。不过，如果通货膨胀不能如期而至，那么不妨为比特币的再次上涨做好准备。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.zerohedge.com/crypto/bitcoin-displacing-gold-inflation-hedge\">zerohedge</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GBTC":"比特币ETF-Grayscale"},"source_url":"https://www.zerohedge.com/crypto/bitcoin-displacing-gold-inflation-hedge","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1121930993","content_text":"Silver and Gold, and Bitcoin\nHow to explain bitcoin? As I said a couple of weeks ago, it’s hard to dismiss the digital currency as a classic investment bubble because — unlike any of the other historical manias which have seen similarly extreme gains in price — it has formed a series of bubbles, which have burst and then reinflated.Bubbles aren’t supposed to do this: They are booms grown so large that they cannot gently deflate and must burst, never to return.\nBitcoin has many of the symptoms of a speculative mania, led by the sheer excitement it inspires in its believers. But it’s hard to say what the digital asset’s value should be. Like gold, value is in the eye of the beholder. It has no intrinsic value, and while the same is true of banknotes, it has no government standing behind it.\nPlenty of people are grappling with the same issue, and the value of bitcoin might best be derived from its absence. To see how this works, look at the odd relationship between gold and Treasury bonds, in this chart from Gavekal Research Ltd.Generally, Treasuries beat gold when people aren’t too worried about inflation, while gold wins when there are inflationary concerns. Except at present, both are falling:\nThis is happening despite widespread belief in a new wave of reflationary growth, and a historic amount of money-printing, normally inflationary, illustrated here by growth in M2:\nGold is generally thought of as an inflationary hedge, but if we judge it instead in terms of silver, we see that its price has roughly halved since the Covid panic last year.Gold has grown steadily more expensive relative to silver since the bizarre year of 1980 when prices of both precious metals went bonkers. The last year has seen a spike and then a reversal for the ages:\nWhat drives the gold price, then?Dhaval Joshi of BCA Research Inc. comes up with a different idea. The following chart shows three centuries of the gold/silver ratio. The relationship was stable until confidence in the gold standard eroded and then collapsed after the First World War. During the decades of the soft gold standard of the postwar Bretton Woods agreement the ratio returned to its old level, only to head back to the stratosphere once Bretton Woods broke down 50 years ago:\nJoshi contends that this shows demand for gold over silver is driven by its perception as a superior “anti-fiat” asset. If people are worried about the long-term buying power of government-issued currencies, they will be prepared to pay more for gold, with its perceived role as a store of value. How then do we explain gold’s sudden fall in silver terms over the last year?\nThe Joshi argument is that bitcoin has risen as an alternative anti-fiat asset. It has been popular because of the libertarian anti-government ideas that have accompanied the digital currency since its inception. Bitcoin’s increase in scale to become better known and much easier to obtain now makes it a much more viable competitor for the shiny metal.\nThere is circumstantial evidence that some money has flowed directly from gold into bitcoin. The following chart is from Charles Morris of ByteTree Asset Management Ltd. and shows flows into investment funds holding both assets since last May:\nNot all of the money leaving gold has gone into bitcoin, but quite a big chunk has.Institutions appear to be making a decision to allocate some money to bitcoin as a hedge against a fiat collapse. (Another important destination appears to be Chinese bonds.) Bitcoin’s strength in the last few months has come despite a distinct drop-off in Google searches for the term, which might be taken as a proxy for retail interest, or the kind of excitement that typically accompanies a bubble:\nBitcoin’s performance over the last year is directly aligned with movements in bond yields.When yields rise, so does bitcoin. This implies that the digital currency benefits directly from the “reflation trade” — or the belief that inflation is coming. And to be clear, before anyone accuses me of chart crime, this one has two scales. Bitcoin is prone to much more titanic moves than Treasury bonds. The point is that they both move in the same direction at the same time:\nA rather more scientific analysis by the British research firm Quant Insight Ltd. shows bitcoin’s key sensitivity is to inflation breakevens.The same is true of gold. The difference, at present, is that bitcoin is positively correlated with breakevens, gaining when fears about inflation rise, while gold is negatively correlated.\n\nAdding another layer, Morris of ByteTree suggests that bitcoin is behaving like a growth stock, and gold has never done that:\n\n Bitcoin seems to have it all. It is one of the few assets that seems to benefit from a rising bond yield – something we reserve for true growth stocks and those cyclicals enjoying recovery. Conversely, this is normally detrimental to traditional low-growth safe assets such as gold, defensive yield stocks and bonds. Unlike defensive stocks and bonds, Bitcoin and gold are both inflation-sensitive, but gold is happiest when the world faces a downward spiral. In contrast, Bitcoin prefers a stronger economy, when the yield is rising. This is where we are today.\n\nThe current drive in bitcoin therefore looks like a bid to protect against currency debasement, by means of a measured transfer from gold, which is deemed the weaker anti-fiat asset for the moment.Bitcoin’s recent pause (at a level where its price is still double what it was at the start the year) overlaps with a pause in the bond market, which had seemed to get ahead of itself. Real 10-year yields have essentially moved sideways for more than a month since their big rise ended in late February:\nIf this is what is motivating people to buy bitcoin, with resurgence in fears of debasement and inflation accounting for its persistent recovery after crashes, the question of exactly how we should value it remains.Joshi looks at the merits of an anti-fiat asset as being tied up with its ability to avoid major losses. Gold can also have big drawdowns, but nothing like the epic losses that bitcoin periodically inflicts on its holders before rallying again. As bitcoin’s declines tend to be three times bigger, risk can be equalized by holding three times as much gold as bitcoin — which implies buying more bitcoin from here:\n\nIs bitcoin really that direct a substitute for gold?It’s a tough proposition to handle. I am typing this with a very small piece of gold around my ring finger. I am confident that I will never swap my wedding ring for one made of bitcoin. Gold at least has an intrinsic use as the raw material for much-desired jewelry. Bitcoin has nothing so straightforward to fall back on. Official action might easily limit use of the digital asset if it grew big enough to challenge the government’s monopoly of currency issuance.\nOne final issue is that, as with gold, there is so little to hold on to. Yes, there are some measures that can justify a rising price. Bitcoin has been ingeniously designed so that the supply of new coin will reduce over time, and so that price declines will reduce the incentive to spend money on increasing supply. Network effects can also make the currency more useful — the more applications are developed, and the more easily and swiftly it can be used, the more it becomes a viable currency. But it still provides no yield to compare it to other assets. And its continued susceptibility to massive crashes messes up its use as a means of exchange, while ensuring that it continues to be an unreliable store of value.\nThe technology undergirding bitcoin and other cryptocurrencies continues to develop. Like the laser, in its early days known as a “solution in search of a problem,” cryptocurrencies and the blockchain could solve all kind of problems for us. This is a reasonable hope, if not something that can be pinned down and valued with discounted cash flow analysis.\nFor now, bitcoin fills a demand for a wider array of alternatives to fiat currencies at a time when many are deeply skeptical of monetary policy, while also promising the kind of exciting growth that tech stocks have done.It’s understandable that there would be wide demand for such an asset. And while that demand is strong, it is aided by that other universal force in markets; fear of missing out. If reflation doesn’t come through on cue, however, it might be as well to brace for another bitcoin bump.","news_type":1,"symbols_score_info":{"GBTC":0.9}},"isVote":1,"tweetType":1,"viewCount":403,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":361419338,"gmtCreate":1614253720424,"gmtModify":1634550462117,"author":{"id":"3572862021491055","authorId":"3572862021491055","name":"tothemoonnnn","avatar":"https://static.tigerbbs.com/0ec04508e6b5e1798da4dc45be8babdc","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572862021491055","authorIdStr":"3572862021491055"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/SNDL\">$Sundial Growers Inc.(SNDL)$</a>&nbsp;会继续上吗？","listText":"<a href=\"https://laohu8.com/S/SNDL\">$Sundial Growers Inc.(SNDL)$</a>&nbsp;会继续上吗？","text":"$Sundial Growers Inc.(SNDL)$ 会继续上吗？","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/361419338","isVote":1,"tweetType":1,"viewCount":2593,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3559546852929880","authorId":"3559546852929880","name":"钥匙_","avatar":"https://static.tigerbbs.com/83aec33f8306daa8b41faf9102c1c37a","crmLevel":1,"crmLevelSwitch":0,"idStr":"3559546852929880","authorIdStr":"3559546852929880"},"content":"有点信心，会的","text":"有点信心，会的","html":"有点信心，会的"}],"imageCount":0,"langContent":"CN","totalScore":0},{"id":846084067,"gmtCreate":1636035355316,"gmtModify":1636035355654,"author":{"id":"3572862021491055","authorId":"3572862021491055","name":"tothemoonnnn","avatar":"https://static.tigerbbs.com/0ec04508e6b5e1798da4dc45be8babdc","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572862021491055","authorIdStr":"3572862021491055"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/PROG\">$Progenity, Inc.(PROG)$</a>&nbsp;$5 today!&nbsp;","listText":"<a href=\"https://laohu8.com/S/PROG\">$Progenity, Inc.(PROG)$</a>&nbsp;$5 today!&nbsp;","text":"$Progenity, Inc.(PROG)$ $5 today!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/846084067","isVote":1,"tweetType":1,"viewCount":1101,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":862363554,"gmtCreate":1632838115079,"gmtModify":1632838115171,"author":{"id":"3572862021491055","authorId":"3572862021491055","name":"tothemoonnnn","avatar":"https://static.tigerbbs.com/0ec04508e6b5e1798da4dc45be8babdc","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572862021491055","authorIdStr":"3572862021491055"},"themes":[],"title":"","htmlText":"Hnnn","listText":"Hnnn","text":"Hnnn","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/862363554","repostId":"2170770176","repostType":4,"isVote":1,"tweetType":1,"viewCount":772,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"lives":[]}