{"id":100619,"date":"2026-02-06T20:14:03","date_gmt":"2026-02-06T20:14:03","guid":{"rendered":"https:\/\/www.europesays.com\/lt\/100619\/"},"modified":"2026-02-06T20:14:03","modified_gmt":"2026-02-06T20:14:03","slug":"raulis-eametsas-ar-auksas-ir-sidabras-jau-nustojo-brangti","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/lt\/100619\/","title":{"rendered":"Raulis Eametsas. Ar auksas ir sidabras jau nustojo brangti?"},"content":{"rendered":"<p>Sud\u0117tingoje geopolitin\u0117je aplinkoje \u012fprastos ekonomin\u0117s taisykl\u0117s nebegalioja. Pavyzd\u017eiui, kai anks\u010diau akcij\u0173 rinkos smukdavo, dalis turimo kapitalo b\u016bdavo perkeliama \u012f <a rel=\"noopener nofollow\" target=\"_blank\" href=\"https:\/\/www.delfi.lt\/temos\/obligacijos\" tag-id=\"59740247\">obligacijas<\/a>, d\u0117l to j\u0173 kainos kildavo. Kai kuriais atvejais kapitalas keldavosi ir \u012f <a rel=\"noopener nofollow\" target=\"_blank\" href=\"https:\/\/www.delfi.lt\/temos\/jav-doleris\" tag-id=\"67322718\">JAV doler\u012f<\/a>, kuris buvo laikomas rezervine valiuta.<\/p>\n<p>Ta\u010diau \u0161iandien daugelio \u0161ali\u0173 obligacijos neb\u0117ra patrauklios (arba yra ne tokios patrauklios), nes n\u0117ra didelio pasitik\u0117jimo, kad vyriausyb\u0117s sugeb\u0117s suvaldyti savo skol\u0173 na\u0161tos augim\u0105. Krintant akcij\u0173 rinkoms, dabar ma\u017e\u0117ja ir obligacij\u0173 kainos, o dolerio silpn\u0117jimas tapo fonine tendencija. Tai yra Donaldo Trumpo ekonomin\u0117s politikos, kuria jis siekia pagerinti JAV mok\u0117jim\u0173 balans\u0105 silpnesniu doleriu, rezultatas. Pasitik\u0117jimas doleriu kaip pasauline valiuta suma\u017e\u0117jo.<\/p>\n<p>Sunkiais laikais kapitalas pradeda ie\u0161koti turto, turin\u010dio reali\u0105 vert\u0119, ypa\u010d to, kurio vert\u0117 laikui b\u0117gant taip pat gali augti. Daugeliui investuotoj\u0173 <a rel=\"noopener nofollow\" target=\"_blank\" href=\"https:\/\/www.delfi.lt\/temos\/taurieji-metalai\" tag-id=\"84164433\">taurieji metalai<\/a> tapo paskutine sukaupto turto gynybos linija. Auksas ir sidabras atlieka pinig\u0173 funkcij\u0105 nuo civilizacijos prad\u017eios ir, skirtingai nuo grynai finansinio turto (pavyzd\u017eiui, kriptovaliut\u0173), j\u0173 vert\u0117 negali tiesiog i\u0161nykti. Taurieji metalai turi vadinam\u0105j\u0105 \u201etikr\u0105j\u0105 vert\u0119\u201c.<\/p>\n<p>Savo auk\u0161\u010diausiame ta\u0161ke <a rel=\"noopener nofollow\" target=\"_blank\" href=\"https:\/\/www.delfi.lt\/temos\/aukso-kaina\" tag-id=\"69282580\">aukso kaina<\/a> per metus padid\u0117jo ma\u017edaug 89 proc., o sidabro \u2013 265 proc. Toks spartus augimas nei\u0161vengiamai sukuria spekuliacini\u0173 burbul\u0173 ir daugelis investuotoj\u0173, kurie \u012f rink\u0105 \u012f\u017eeng\u0117 vedini spekuliacini\u0173 prie\u017eas\u010di\u0173, realizavo peln\u0105. Tai l\u0117m\u0117 staig\u0173 kain\u0173 kritim\u0105, kuris kai kuriuos i\u0161g\u0105sdino.<\/p>\n<p>\u0160iuo metu po to nuosmukio jau matome stabilizacij\u0105, o \u017ei\u016brint i\u0161 platesn\u0117s perspektyvos, \u0161i korekcija n\u0117ra nei pirmoji, nei paskutin\u0117 per penkeri\u0173 met\u0173 laikotarp\u012f. Tai taip pat n\u0117ra did\u017eiausias kain\u0173 kritimas. Taip, galb\u016bt buvo atskir\u0173 dien\u0173, kai kainos smarkiai nukrito, ta\u010diau sutelkiant d\u0117mes\u012f \u012f tuos momentus, galima pamesti bendr\u0105 vaizd\u0105. Bendra tendencija i\u0161lieka ta pati \u2013 ai\u0161kus augimas.<\/p>\n<p>Atsi\u017evelgiant \u012f tai, kad pasaulin\u0117 geopolitin\u0117 situacija nerodo stabilizacijos po\u017eymi\u0173, galima daryti prielaid\u0105, kad po tam tikro korekcijos laikotarpio aukso ir kit\u0173 tauri\u0173j\u0173 metal\u0173 kainos grei\u010diausiai savo augim\u0105 t\u0119s toliau.<\/p>\n<p>Raul Eamets yra \u201eBigbank\u201c vyriausiasis ekonomistas.<\/p>\n","protected":false},"excerpt":{"rendered":"Sud\u0117tingoje geopolitin\u0117je aplinkoje \u012fprastos ekonomin\u0117s taisykl\u0117s nebegalioja. Pavyzd\u017eiui, kai anks\u010diau akcij\u0173 rinkos smukdavo, dalis turimo kapitalo b\u016bdavo perkeliama&hellip;\n","protected":false},"author":2,"featured_media":100620,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[17],"tags":[4636,81,19117,37,39,36,38,40,2512,18215,46,3358],"class_list":{"0":"post-100619","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-verslas","8":"tag-aukso-kaina","9":"tag-business","10":"tag-jav-doleris","11":"tag-lietuva","12":"tag-lietuviu","13":"tag-lithuania","14":"tag-lithuanian","15":"tag-lt","16":"tag-obligacijos","17":"tag-taurieji-metalai","18":"tag-verslas","19":"tag-verslo-nuomones"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@lt\/116025521769518344","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/lt\/wp-json\/wp\/v2\/posts\/100619","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/lt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/lt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/lt\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/lt\/wp-json\/wp\/v2\/comments?post=100619"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/lt\/wp-json\/wp\/v2\/posts\/100619\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/lt\/wp-json\/wp\/v2\/media\/100620"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/lt\/wp-json\/wp\/v2\/media?parent=100619"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/lt\/wp-json\/wp\/v2\/categories?post=100619"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/lt\/wp-json\/wp\/v2\/tags?post=100619"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}