“超大”金矿，稀释了传统价值储存手段的价值

迄今为止发现的最大金矿床震撼了贵金属行业。毕竟，这是一个具有里程碑意义的发现。但这也挑战了黄金作为最终价值储存手段的地位。与此同时，比特币——通常被称为“数字黄金”——正在巩固其作为世界上最硬资产的地位。

A massive gold deposit—the largest ever found—has shaken the precious metals industry. It's a monumental discovery that challenges gold's status as the ultimate store of value. At the same time, Bitcoin—often called “digital gold”—is strengthening its position as the world's hardest asset.

迄今为止发现的最大金矿床震撼了贵金属行业。这是一个具有里程碑意义的发现，挑战了黄金作为终极价值储存手段的地位。与此同时，比特币——通常被称为“数字黄金”——正在巩固其作为世界上最硬资产的地位。

So, what does it mean for Bitcoin and for gold? Well, let's find out!

那么，这对比特币和黄金意味着什么呢？好吧，让我们来看看吧！

“Supergiant” Gold Deposit, Diluting the Value

“超大”金矿，稀释了价值

The discovery of the massive gold deposit was made last month in China's Hunan Province and was reported by the Chinese State Media.

中国国家媒体报道了上个月在中国湖南省发现的巨大金矿床。

Interestingly, China is already the world's largest gold producer, with its gold reserves estimated to be over 2,000 tons as of this year. The world's second-largest economy also accounted for around 10% of global output last year.

有趣的是，中国已经是世界上最大的黄金生产国，今年的黄金储备估计超过2000吨。去年，这个世界第二大经济体的产出也占全球产出的10%左右。

According to the report, geologists found several gold veins in the Wangu gold field. Found 2,000 meters (2 km) deep in the field, they contained a reserve of 300 tonnes of precious metal.  

报道称，地质学家在万古金矿田发现了数条金矿脉。在该矿场深处 2,000 米（2 公里）处发现，其中含有 300 吨贵金属储量。

The exciting part is what was found even deeper. The gold reserves at the site are estimated to be massive 1,000 tonnes within a depth of 3,000 meters. 

令人兴奋的部分是更深入的发现。该地点3000米深处的黄金储量估计为1000吨。

“Many drilled rock cores showed visible gold.”

“许多钻探的岩芯显示出可见的黄金。”

– Chen Rulin, an expert at the Geological Bureau of Hunan Province

——湖南省地质局专家 陈儒林

He further shared that a tonne of ore in this range contained as much as 138 grams of gold.

他进一步表示，该范围内的一吨矿石含有多达 138 克黄金。

The value of the newly discovered deposit is 600 billion yuan or approximately $83 billion. So, it makes sense to be concerned.  If the new discovery ultimately proves to be true, which early examinations point to be potentially in billions of ounces, that would make it the largest gold deposit on Earth.

新发现的矿床价值为6000亿元人民币，约合830亿美元。因此，担心是有道理的。如果这一新发现最终被证明是正确的（早期检查表明其储量可能达数十亿盎司），这将使其成为地球上最大的金矿床。

The thing is, not all gold deposits can be categorized as supergiant. For one to be titled as such, the natural gold collection has to be formed under special conditions, which leads to concentrations that surpass those in typical mines.

问题是，并非所有金矿都可以归类为特大型金矿。要获得这样的称号，天然黄金收藏必须在特殊条件下形成，这导致其浓度超过了典型矿山的浓度。

As such, the new gold deposits can have a significant impact on not only local economies but also global markets due to gold's crucial role as a stable asset and a hedge against financial uncertainty.

因此，由于黄金作为稳定资产和对冲金融不确定性的关键作用，新的黄金矿床不仅可以对当地经济而且可以对全球市场产生重大影响。

Notably, this isn't even the first time such large deposits have been found. Time and again, we have come across discoveries that have unveiled new gold. 

值得注意的是，这并不是第一次发现如此大规模的矿床。我们一次又一次地发现了新的黄金。

In s2022, exploration surveys showed that Uganda had gold ore deposits of about 31 million tonnes, with a value of an eye-boggling $13 trillion. A Chinese gold mining company, Wagagai, has been granted the license to produce part of these gold deposits. In 2023, the country's gold exports also surged over 10 times from the previous year to $2.3 billion.

2022年勘探调查显示，乌干达金矿储量约为3100万吨，价值高达13万亿美元。中国金矿公司 Wagagai 已获得生产部分金矿的许可证。 2023年，该国黄金出口也比上年猛增10多倍，达到23亿美元。

Gold is not only being uncovered in countries, but it has also been found in asteroids. The reports first came in 2019 of asteroid 16 Psyche containing as much as $700 quintillion worth of gold. For context, 1 quintillion has 18 zeros; yeah, you read it right.

黄金不仅在各国被发现，而且在小行星中也被发现。该报告于 2019 年首次发布，称小行星 16 Psyche 含有价值 700 万亿美元的黄金。就上下文而言，1 500 亿有 18 个零；是的，你没看错。

So, what does it mean for gold? Well, simple economics says that if supply increases while demand remains constant, it leads to a drop in prices. That means gold isn't really the hard asset as we have known it to be all this time.

那么，这对黄金意味着什么呢？简单的经济学说，如果供给增加而需求保持不变，就会导致价格下跌。这意味着黄金并不是我们一直以来所知道的那样真正的硬资产。

Is Gold's Status in Danger?

黄金的地位是否处于危险之中？

First, let's get into some introductory economics, which is the fundamental principles of economics — the law of demand and supply.

首先，我们来了解一些经济学入门知识，这是经济学的基本原理——需求和供给定律。

So, there is an inverse relationship between demand and price while a direct relationship between supply and price. 

因此，需求与价格之间存在反比关系，而供给与价格之间存在正相关关系。

What this means is when the demand increases without a change in supply, the price of an asset increases as more people want to buy it, but there's only a particular amount of it available in the market.

这意味着，当需求增加而供应没有变化时，资产的价格会随着越来越多的人想要购买而上涨，但市场上只有特定数量的可用资产。

Now, if the reverse happens, i.e., the supply increases, which means there is now more of a particular asset in the market while demand is the same, then it negatively affects the prices.

现在，如果发生相反的情况，即供应增加，这意味着市场上现在有更多的特定资产，而需求相同，那么就会对价格产生负面影响。

When demand matches supply, the price is in equilibrium, which is acceptable to both buyers and sellers. What about when both the demand and supply increases? Well, then, the equilibrium price remains the same. 

当需求与供给相匹配时，价格处于均衡状态，买家和卖家都可以接受。当需求和供给都增加时怎么办？那么，均衡价格保持不变。

Now that you know the economics behind the demand and supply, you can understand why there's always so much discussion surrounding these new gold deposit discoveries. 

既然您了解了需求和供应背后的经济学，您就可以理解为什么总是围绕这些新金矿发现进行如此多的讨论。

We all have known gold to be a finite resource, which means there's only a certain amount of it on our planet, and even that is harder to find. Data suggests that so far, about 212,582 tonnes of gold has been mined throughout history. Interestingly, only two-thirds of it has been mined in the last about 74 years.

我们都知道黄金是一种有限的资源，这意味着我们的星球上只有一定数量的黄金，甚至更难找到。数据显示，迄今为止，历史上已开采出约 212,582 吨黄金。有趣的是，在过去约 74 年里，仅开采了三分之二。

However, as

然而，作为