第六章大宗商品投资............................................................................................................4第一节大宗商品投资概述.............................................................................................4一、大宗商品的类型...............................................................................................4二、大宗商品资产特点...........................................................................................4三、大宗商品投资方法...........................................................................................61.直接购买商品实物........................................................................................62.持有相关公司的股票....................................................................................73.购买商品期货................................................................................................74.投资商品联结票据........................................................................................7第二节商品资产及商品期货.........................................................................................8一、商品资产价格概述...........................................................................................8二、利用期货的对冲策略.......................................................................................91.基本原理........................................................................................................92.交叉对冲........................................................................................................93.向前滚动对冲..............................................................................................11三、商品期货定价.................................................................................................121.投资性商品..................................................................................................122.消费性商品..................................................................................................133.便利收益率..................................................................................................134.持有成本......................................................................................................14四、期货价格与现货价格的关系.........................................................................141.期货价格和当前的现货价格的关系..........................................................152.期货价格与预期即期价格的关系..............................................................16五、投资组合中的大宗商品资产.........................................................................17第三节黄金投资...........................................................................................................18一、黄金交易简介.................................................................................................181.黄金的特点及属性......................................................................................182.有关黄金投资的法律沿革..........................................................................19二、黄金投资优势.................................................................................................201.价值能长久保持.........................................................................................202.价值相对稳定，能有...
