TOC\o"1-4"\h\z\uHYPERLINK\l"_Toc316724327"第六章大宗商品投资PAGEREF_Toc316724327\h4HYPERLINK\l"_Toc316724328"第一节大宗商品投资概述PAGEREF_Toc316724328\h4HYPERLINK\l"_Toc316724329"一、大宗商品的类型PAGEREF_Toc316724329\h4HYPERLINK\l"_Toc316724330"二、大宗商品资产特点PAGEREF_Toc316724330\h4HYPERLINK\l"_Toc316724331"三、大宗商品投资方法PAGEREF_Toc316724331\h6HYPERLINK\l"_Toc316724332"1.直接购买商品实物PAGEREF_Toc316724332\h6HYPERLINK\l"_Toc316724333"2.持有相关公司的股票PAGEREF_Toc316724333\h7HYPERLINK\l"_Toc316724334"3.购买商品期货PAGEREF_Toc316724334\h7HYPERLINK\l"_Toc316724335"4.投资商品联结票据PAGEREF_Toc316724335\h7HYPERLINK\l"_Toc316724336"第二节商品资产及商品期货PAGEREF_Toc316724336\h8HYPERLINK\l"_Toc316724337"一、商品资产价格概述PAGEREF_Toc316724337\h8HYPERLINK\l"_Toc316724338"二、利用期货的对冲策略PAGEREF_Toc316724338\h9HYPERLINK\l"_Toc316724339"1.基本原理PAGEREF_Toc316724339\h9HYPERLINK\l"_Toc316724340"2.交叉对冲PAGEREF_Toc316724340\h9HYPERLINK\l"_Toc316724341"3.向前滚动对冲PAGEREF_Toc316724341\h11HYPERLINK\l"_Toc316724342"三、商品期货定价PAGEREF_Toc316724342\h12HYPERLINK\l"_Toc316724343"1.投资性商品PAGEREF_Toc316724343\h12HYPERLINK\l"_Toc316724344"2.消费性商品PAGEREF_Toc316724344\h13HYPERLINK\l"_Toc316724345"3.便利收益率PAGEREF_Toc316724345\h13HYPERLINK\l"_Toc316724346"4.持有成本PAGEREF_Toc316724346\h14HYPERLINK\l"_Toc316724347"四、期货价格与现货价格的关系PAGEREF_Toc316724347\h14HYPERLINK\l"_Toc316724348"1.期货价格和当前的现货价格的关系PAGEREF_Toc316724348\h15HYPERLINK\l"_Toc316724349"2.期货价格与预期即期价格的关系PAGEREF_Toc316724349\h16HYPERLINK\l"_Toc316724350"五、投资组合中的大宗商品资产PAGEREF_Toc316724350\h17HYPERLINK\l"_Toc316724351"第三节黄金投资PAGEREF_Toc316724351\h18HYPERLINK\l"_Toc316724352"一、黄金交易简介PAGEREF_Toc316724352\h18HYPERLINK\l"_Toc316724353"1.黄金的特点及属性PAGEREF_Toc316724353\h18HYPERLINK\l"_Toc316724354"2.有关黄金投资的法律沿革PAGEREF_Toc316724354\h19HYPERLINK\l"_Toc316724355"二、黄金投资优势PAGEREF_Toc316724355\h20HYPERLINK\l"_Toc316724356"1.价