{"id":754,"date":"2011-02-17T08:52:01","date_gmt":"2011-02-17T08:52:01","guid":{"rendered":"http:\/\/gold-silver.biz\/sk\/?p=754"},"modified":"2011-02-18T16:01:12","modified_gmt":"2011-02-18T16:01:12","slug":"vlady-potrebuju-inflaciu-a-zlato-sa-tesi","status":"publish","type":"post","link":"https:\/\/investicnyblog.sk\/gsi\/sk\/vlady-potrebuju-inflaciu-a-zlato-sa-tesi\/","title":{"rendered":"Vl\u00e1dy potrebuj\u00fa infl\u00e1ciu. A zlato sa te\u0161\u00ed"},"content":{"rendered":"

Jedin\u00fd nekatastrofick\u00fd sp\u00f4sob, ako sa d\u00e1 nahromaden\u00fd dlh vymaza\u0165, je infl\u00e1cia. A zlato preto rastie.<\/strong><\/p>\n

O\u010dak\u00e1vanie skor\u00e9ho zvy\u0161ovania sadzieb centr\u00e1lnymi bankami je nerealistick\u00e9. S\u00fa\u010dasn\u00e1 infl\u00e1cia im vyhovuje a za jej pomoci bud\u00fa zni\u017eova\u0165 svoj dlh. Posledn\u00e9 dni boli pekn\u00fdm pr\u00edkladom toho, ako sa to bude dia\u0165 v praxi. Zlato nev\u00e1halo, vymanilo sa zo svojho p\u00e1sma a napr\u00edklad v\u010dera vzr\u00e1stla jeho cena a\u017e na \u00farove\u0148 1377 dol\u00e1rov.<\/p>\n

Infl\u00e1cia v UK dosiahla 4%<\/strong>
\nRast cien potrav\u00edn a ostatn\u00fdch komod\u00edt m\u00e1 pre vl\u00e1dy svoje pozit\u00edva \u2013 zvy\u0161uj\u00fa toti\u017eto infl\u00e1ciu. A vl\u00e1dy z\u00fafalo potrebuj\u00fa infl\u00e1ciu. Nahromaden\u00fd dlh je tak ve\u013ek\u00fd, \u017ee jedin\u00fd nekatastrofick\u00fd sp\u00f4sob, ako sa d\u00e1 vymaza\u0165, je infl\u00e1cia.<\/p>\n

Vo Ve\u013ekej Brit\u00e1nii bola zverejnen\u00e1 cenov\u00e1 infl\u00e1cia vo v\u00fd\u0161ke 4%. Znamen\u00e1 to, \u017ee v ekonomike ceny nar\u00e1stli zhruba o 4%. Peniaze teda stratili 4% zo svojej hodnoty. Pokia\u013e ste sa ich aj sna\u017eili niekde bezpe\u010dne umiestni\u0165, mohli ste tak spravi\u0165 napr\u00edklad do britsk\u00fdch dlhopisov. Tie trojro\u010dn\u00e9 prin\u00e1\u0161aj\u00fa v\u00fdnos zhruba 2%. Znamen\u00e1 to, \u017ee celkovo t\u00edto investori stratili 2% z hodnoty svojich pe\u0148az\u00ed.<\/p>\n

Av\u0161ak nie s\u00fa to iba dr\u017eitelia dlhopisov, ktor\u00ed str\u00e1caj\u00fa, ale v\u0161etci, ktor\u00ed maj\u00fa svoje peniaze v hotovosti, na be\u017enom \u00fa\u010dte, \u010di terminovanom vklade. Jednoducho v\u0161etci. Vl\u00e1da tak nepriamo zda\u0148uje v\u0161etk\u00fdch dr\u017eite\u013eov pe\u0148az\u00ed, a t\u00fdm z\u00edskava dodato\u010dn\u00fd pr\u00edjem. Nem\u00f4\u017eeme sa preto \u010dudova\u0165, \u017ee okam\u017eitou reakciou investorov bol n\u00e1kup zlata a striebra, ke\u010f\u017ee tie, na rozdiel od finan\u010dn\u00fdch akt\u00edv, svoju hodnotu nestr\u00e1caj\u00fa.<\/p>\n

Nie je infl\u00e1cia ako infl\u00e1cia<\/strong>
\nAv\u0161ak, jedna vec je re\u00e1lny rast cien a druh\u00e1 vec je ofici\u00e1lny rast cien. Ka\u017ed\u00e1 krajina m\u00e1 svoj vlastn\u00fd sp\u00f4sob, ako infl\u00e1ciu po\u010d\u00edta. Vytvor\u00ed k\u00f4\u0161 z\u00e1kladn\u00fdch polo\u017eiek a ka\u017edej z nich prirad\u00ed ur\u010dit\u00fa v\u00e1hu. \u010c\u00edm je krajina bohat\u0161ia, t\u00fdm v\u00e4\u010d\u0161iu v\u00e1hu prirad\u00ed luxusn\u00fdm statkom a men\u0161iu v\u00e1hu potravin\u00e1m.<\/p>\n

Najv\u00e4\u010d\u0161ia v\u00e1ha v\u0161ak v bohat\u0161\u00edch krajin\u00e1ch tradi\u010dne pripad\u00e1 na b\u00fdvanie a n\u00edzka na potraviny. V chudobn\u00fdch krajin\u00e1ch je to opa\u010dne. Napr\u00edklad v Indii a\u017e 47% cel\u00e9ho tohto ko\u0161a pripad\u00e1 na ceny potrav\u00edn, v USA je to pod 10%.<\/p>\n

Vl\u00e1da tak spr\u00e1vnym v\u00fdberom polo\u017eiek a nastaven\u00edm ich v\u00e1hy dok\u00e1\u017ee ofici\u00e1lnu infl\u00e1ciu zvy\u0161ova\u0165 alebo zni\u017eova\u0165. Je prirodzen\u00e9, \u017ee vl\u00e1da sa bude sna\u017ei\u0165 ofici\u00e1lnu infl\u00e1ciu dr\u017ea\u0165 n\u00edzku. T\u00fdm z\u00edskava v\u00fdhodu, \u017ee vy\u0161\u0161ia re\u00e1lna infl\u00e1cia dodato\u010dne zda\u0148uje obyvate\u013estvo bez toho, aby o tom vedelo.<\/p>\n

Prototypom toho, ako sa to deje, je \u010c\u00edna. V utorok sa objavili spr\u00e1vy, \u017ee ceny potrav\u00edn vzr\u00e1stli za 10 dn\u00ed v piatich najv\u00e4\u010d\u0161\u00edch \u010d\u00ednskych mest\u00e1ch o takmer 5%, no \u010d\u00ednska infl\u00e1cia vzr\u00e1stla iba o 4,9% na ro\u010dnej b\u00e1ze a bola ni\u017e\u0161ia ako o\u010dak\u00e1vania. D\u00f4vod je jednoduch\u00fd \u2013 \u010c\u00edna ofici\u00e1lne zn\u00ed\u017eila v\u00e1hu potrav\u00edn pri v\u00fdpo\u010dte svojej infl\u00e1cie. Tak\u017ee aj napriek tomu, \u017ee \u017eivotn\u00e9 n\u00e1klady m\u00f4\u017eu r\u00e1s\u0165 v desiatkach percent, ofici\u00e1lne rast\u00fa iba o menej ako 5%.<\/p>\n

Zlat\u00e1 realita<\/strong>
\nZd\u00e1 sa, \u017ee trend ktor\u00fd sme pr\u00e1ve uk\u00e1zali \u2013 monetiz\u00e1cia dlhu a zda\u0148ovanie cez infl\u00e1ciu je nie\u010do, na \u010do by sme sa mali do bud\u00facna pripravi\u0165. Vl\u00e1dy chc\u00fa \u013eud\u00ed don\u00fati\u0165 zvy\u0161uj\u00facou sa infl\u00e1ciou, aby peniaze ne\u0161etrili, ale aby ich m\u00ed\u0148ali. No zd\u00e1 sa, \u017ee t\u00ed ktor\u00ed vedia, \u017ee pre bud\u00facnos\u0165 potrebuj\u00fa \u00faspory, bud\u00fa svoje prostriedky investova\u0165 do zlata. A pr\u00e1ve to atakuje siln\u00fa rezistenciu $1375.<\/p>\n

\"zlato-110215-2\"<\/p>\n

Vid\u00edme, \u017ee po tom, ako zlato nebolo schopn\u00e9 dosta\u0165 sa cez rezistenciu na \u00farovni 1450 dol\u00e1rov, ku koncu minul\u00e9ho roka pokleslo. Jeho prepad zastal na psychologickej \u00farovni 1300 dol\u00e1rov a pred d\u00f4le\u017eitou suportnou l\u00edniu.<\/p>\n

Moment\u00e1lne sa zlato op\u00e4\u0165 tla\u010d\u00ed hore a otv\u00e1ra sa mu priestor pre \u010fal\u0161\u00ed v\u00e4\u010d\u0161\u00ed rast.<\/p>\n

\"graf\"<\/p>\n

Autor: Ronald I\u017eip \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 Zdroj: finweb.hnonline.sk<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Jedin\u00fd nekatastrofick\u00fd sp\u00f4sob, ako sa d\u00e1 nahromaden\u00fd dlh vymaza\u0165, je infl\u00e1cia. A zlato preto rastie. O\u010dak\u00e1vanie skor\u00e9ho zvy\u0161ovania sadzieb centr\u00e1lnymi bankami je nerealistick\u00e9. S\u00fa\u010dasn\u00e1 infl\u00e1cia im vyhovuje a za jej … <\/a><\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/investicnyblog.sk\/gsi\/sk\/wp-json\/wp\/v2\/posts\/754"}],"collection":[{"href":"https:\/\/investicnyblog.sk\/gsi\/sk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/investicnyblog.sk\/gsi\/sk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/investicnyblog.sk\/gsi\/sk\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/investicnyblog.sk\/gsi\/sk\/wp-json\/wp\/v2\/comments?post=754"}],"version-history":[{"count":6,"href":"https:\/\/investicnyblog.sk\/gsi\/sk\/wp-json\/wp\/v2\/posts\/754\/revisions"}],"predecessor-version":[{"id":763,"href":"https:\/\/investicnyblog.sk\/gsi\/sk\/wp-json\/wp\/v2\/posts\/754\/revisions\/763"}],"wp:attachment":[{"href":"https:\/\/investicnyblog.sk\/gsi\/sk\/wp-json\/wp\/v2\/media?parent=754"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/investicnyblog.sk\/gsi\/sk\/wp-json\/wp\/v2\/categories?post=754"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/investicnyblog.sk\/gsi\/sk\/wp-json\/wp\/v2\/tags?post=754"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}