{"id":60835,"date":"2025-03-05T20:00:00","date_gmt":"2025-03-05T11:00:00","guid":{"rendered":"https:\/\/www.globalmacroresearch.org\/jp\/?p=60835"},"modified":"2025-03-05T17:25:31","modified_gmt":"2025-03-05T08:25:31","slug":"%e3%83%98%e3%82%a4%e3%82%b3%e3%83%83%e3%82%af%e6%b0%8f-%e3%82%b4%e3%83%bc%e3%83%ab%e3%83%89%e3%81%af%e3%81%be%e3%81%a0%e3%81%be%e3%81%a0%e9%81%8e%e5%b0%8f%e8%a9%95%e4%be%a1%e3%81%95%e3%82%8c%e3%81%a6","status":"publish","type":"post","link":"https:\/\/www.globalmacroresearch.org\/jp\/archives\/60835","title":{"rendered":"\u30d8\u30a4\u30b3\u30c3\u30af\u6c0f: \u30b4\u30fc\u30eb\u30c9\u306f\u307e\u3060\u307e\u3060\u904e\u5c0f\u8a55\u4fa1\u3055\u308c\u3066\u3044\u308b\u3001\u672c\u683c\u7684\u306a\u91d1\u4fa1\u683c\u4e0a\u6607\u306f\u3053\u3053\u304b\u3089"},"content":{"rendered":"\n<p>\u5f15\u304d\u7d9a\u304dVon Greyerz\u306e\u30d1\u30fc\u30c8\u30ca\u30fc\u3067\u3042\u308b\u30b8\u30e7\u30cb\u30fc\u30fb\u30d8\u30a4\u30b3\u30c3\u30af\u6c0f\u306e\u81ea\u793e\u914d\u4fe1\u52d5\u753b\u3067\u306e\u30a4\u30f3\u30bf\u30d3\u30e5\u30fc\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u4eca\u56de\u306f\u91d1\u76f8\u5834\u306e\u9700\u8981\u3068\u4f9b\u7d66\u306b\u3064\u3044\u3066\u8a71\u3057\u3066\u3044\u308b\u90e8\u5206\u3092\u7d39\u4ecb\u3057\u305f\u3044\u3002<\/p>\n\n\n\n<!--more-->\n\n\n\n<p><strong>\u91d1\u4fa1\u683c\u306e\u4e0a\u6607<\/strong><\/p>\n\n\n\n<p>\u3053\u308c\u307e\u3067\u306e\u8a18\u4e8b\u3067\u306f\u3001\u30d8\u30a4\u30b3\u30c3\u30af\u6c0f\u306f\u7c73\u56fd\u50b5\u3068\u682a\u5f0f\u304c\u30a4\u30f3\u30d5\u30ec\u76f8\u5834\u3067\u306f\u30d1\u30d5\u30a9\u30fc\u30de\u30f3\u30b9\u304c\u60aa\u3044\u3053\u3068\u3001\u30a4\u30f3\u30d5\u30ec\u76f8\u5834\u3067\u4e0a\u304c\u308b\u8cc7\u7523\u306f\u30b4\u30fc\u30eb\u30c9\u3067\u3042\u308b\u3053\u3068\u3092\u8ff0\u3079\u3066\u3044\u305f\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/60619\" data-type=\"post\" data-id=\"60619\">\u30d8\u30a4\u30b3\u30c3\u30af\u6c0f: \u56fd\u50b5\u66b4\u843d\u3067\u682a\u4fa1\u30d0\u30d6\u30eb\u306f\u5d29\u58ca\u3059\u308b\u3001\u30b4\u30fc\u30eb\u30c9\u3092\u73fe\u7269\u3067\u4fdd\u6709\u3059\u308b\u3079\u304d<\/a><\/li>\n<\/ul>\n\n\n\n<p>\u30d8\u30a4\u30b3\u30c3\u30af\u6c0f\u306f\u6b21\u306e\u3088\u3046\u306b\u8a00\u3063\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u30b4\u30fc\u30eb\u30c9\u306f\u307e\u3059\u307e\u3059\u91cd\u8981\u306b\u306a\u3063\u3066\u304d\u3066\u3044\u308b\u3002<\/p>\n<\/blockquote>\n\n\n\n<p>\u5b9f\u969b\u3001\u30d8\u30a4\u30b3\u30c3\u30af\u6c0f\u306f\u4ee5\u4e0b\u306e\u8a18\u4e8b\u3067\u30012000\u5e74\u4ee5\u5f8c\u306e\u30b4\u30fc\u30eb\u30c9\u306e\u30d1\u30d5\u30a9\u30fc\u30de\u30f3\u30b9\u304cS&amp;P 500\u3092\u5927\u304d\u304f\u4e0a\u56de\u3063\u3066\u3044\u308b\u3053\u3068\u3092\u6307\u6458\u3057\u3066\u3044\u305f\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/60550\" data-type=\"post\" data-id=\"60550\">\u30d8\u30a4\u30b3\u30c3\u30af\u6c0f: \u682a\u5f0f\u306f\u58f2\u308a\u6642\u3001\u682a\u5f0f\u304b\u3089\u30b4\u30fc\u30eb\u30c9\u3078\u306e\u8cc7\u7523\u9003\u907f\u304c\u59cb\u307e\u308b<\/a><\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2025\/03\/2025-3-2-gold-chart.png\"><img loading=\"lazy\" decoding=\"async\" width=\"584\" height=\"510\" src=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2025\/03\/2025-3-2-gold-chart.png\" alt=\"\" class=\"wp-image-60602\" srcset=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2025\/03\/2025-3-2-gold-chart.png 584w, https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2025\/03\/2025-3-2-gold-chart-300x262.png 300w\" sizes=\"auto, (max-width: 584px) 100vw, 584px\" \/><\/a><\/figure>\n\n\n\n<p>\u30b4\u30fc\u30eb\u30c9\u306f25\u5e74\u306710\u500d\u306b\u306a\u3063\u3066\u3044\u308b\u3002\u30a4\u30f3\u30d5\u30ec\u306b\u306a\u308b\u524d\u304b\u3089\u30b4\u30fc\u30eb\u30c9\u306f\u512a\u308c\u305f\u8cc7\u7523\u30af\u30e9\u30b9\u306a\u306e\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p><strong>\u30b4\u30fc\u30eb\u30c9\u3068\u7d19\u5e63\u306e\u95a2\u4fc2<\/strong><\/p>\n\n\n\n<p>\u3060\u304c\u30d8\u30a4\u30b3\u30c3\u30af\u6c0f\u306b\u3088\u308c\u3070\u3001\u30b4\u30fc\u30eb\u30c9\u306e\u4e0a\u3052\u76f8\u5834\u306f\u59cb\u307e\u3063\u305f\u3070\u304b\u308a\u306b\u904e\u304e\u306a\u3044\u3002<\/p>\n\n\n\n<p>\u30d8\u30a4\u30b3\u30c3\u30af\u6c0f\u306f\u6b21\u306e\u3088\u3046\u306b\u8ff0\u3079\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u307b\u3068\u3093\u3069\u306e\u4eba\u306f\u91d1\u4fa1\u683c\u3092\u898b\u3066\u3001\u300c250\u30c9\u30eb\u304b\u30892,900\u30c9\u30eb\u307e\u3067\u4e0a\u304c\u3063\u305f\u3001\u4e57\u308a\u9045\u308c\u3066\u3057\u307e\u3063\u305f\u306a\u3042\u300d\u3068\u8a00\u3046\u3060\u308d\u3046\u3002<\/p>\n\n\n\n<p>\u3060\u304c\u305d\u308c\u306f\u9593\u9055\u3063\u305f\u898b\u65b9\u3060\u3002<\/p>\n\n\n\n<p>\u30b4\u30fc\u30eb\u30c9\u306f\u30de\u30cd\u30fc\u30b5\u30d7\u30e9\u30a4\u3068\u306e\u6bd4\u8f03\u3067\u8003\u3048\u306a\u3051\u308c\u3070\u306a\u3089\u306a\u3044\u3002<\/p>\n<\/blockquote>\n\n\n\n<p>\u30de\u30cd\u30fc\u30b5\u30d7\u30e9\u30a4\u3068\u306f\u3001\u5e02\u5834\u306b\u6d41\u901a\u3059\u308b\u8ca8\u5e63\u306e\u91cf\u306e\u3053\u3068\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u30d8\u30a4\u30b3\u30c3\u30af\u6c0f\u3060\u3051\u3067\u306a\u304f\u30012025\u5e74\u306b\u5165\u3063\u3066\u8457\u540d\u306a\u30d8\u30c3\u30b8\u30d5\u30a1\u30f3\u30c9\u30de\u30cd\u30fc\u30b8\u30e3\u30fc\u305f\u3061\u304c\u6307\u6458\u3057\u3066\u3044\u308b\u306e\u306f\u3001\u7d19\u5e63\u3068\u56fd\u50b5\u306e\u30d0\u30d6\u30eb\u304c\u81a8\u5f35\u3057\u3059\u304e\u305f\u3068\u3044\u3046\u3053\u3068\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u7d19\u5e63\u3068\u306f\u3001\u91d1\u672c\u4f4d\u5236\u306e\u6642\u4ee3\u306b\u306f\u4eba\u3005\u304c\u4e2d\u592e\u9280\u884c\u306b\u9810\u3051\u3066\u3044\u305f\u30b4\u30fc\u30eb\u30c9\u306e\u9810\u304b\u308a\u8a3c\u306e\u3053\u3068\u3060\u3063\u305f\u306e\u3060\u304c\u3001\u653f\u5e9c\u304c\u9810\u304b\u3063\u3066\u3044\u305f\u30b4\u30fc\u30eb\u30c9\u3092\u8fd4\u3055\u306a\u3044\u3068\u5ba3\u8a00\u3057\u305f1971\u5e74\u306e\u30cb\u30af\u30bd\u30f3\u30b7\u30e7\u30c3\u30af\u306e\u6642\u70b9\u3067\u3001\u7d19\u5e63\u306e\u4fa1\u5024\u306f\u305f\u3060\u306e\u7d19\u5207\u308c\u306b\u306a\u3063\u3066\u3044\u305f\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/58140\" data-type=\"post\" data-id=\"58140\">\u30ec\u30a4\u30fb\u30c0\u30ea\u30aa\u6c0f\u3001\u7d19\u5e63\u304c\u7d19\u5207\u308c\u306b\u306a\u308a\u7269\u4fa1\u9ad8\u9a30\u3092\u5f15\u304d\u8d77\u3053\u3057\u305f1971\u5e74\u306e\u30cb\u30af\u30bd\u30f3\u30b7\u30e7\u30c3\u30af\u3092\u8aac\u660e\u3059\u308b<\/a><\/li>\n<\/ul>\n\n\n\n<p>\u3060\u304c\u4f55\u6545\u304b\u306f\u5206\u304b\u3089\u306a\u3044\u304c\u4eba\u3005\u306f\u305f\u3060\u306e\u7d19\u5207\u308c\u3068\u306a\u3063\u305f\u7d19\u5e63\u3092\u5f8c\u751f\u5927\u4e8b\u306b\u8ca1\u5e03\u306b\u5165\u308c\u3066\u3044\u308b\u3002\u3060\u304c\u9577\u671f\u7684\u306b\u898b\u308c\u3070\u30a4\u30f3\u30d5\u30ec\u306b\u3088\u3063\u3066\u7d19\u5e63\u306e\u4fa1\u5024\u306f\u5e74\u3005\u76ee\u6e1b\u308a\u3057\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<p>\u305d\u308c\u304c\u7d19\u5e63\u3068\u3044\u3046\u53f2\u4e0a\u6700\u5927\u306e\u30d0\u30d6\u30eb\uff08\u3069\u3046\u8003\u3048\u3066\u3082\u30c1\u30e5\u30fc\u30ea\u30c3\u30d7\u4ee5\u4e0a\u3060\u308d\u3046\uff09\u306e\u9577\u3044\u5d29\u58ca\u904e\u7a0b\u3067\u3042\u308b\u3002\u4f55\u306b\u4f7f\u3048\u308b\u308f\u3051\u3067\u3082\u306a\u304f\u306a\u3063\u305f\u7d19\u5e63\u306b\u4fa1\u5024\u304c\u306a\u3044\u3068\u4eba\u3005\u304c\u6c17\u4ed8\u304f\u307e\u3067\u306b50\u5e74\u4ee5\u4e0a\u304b\u304b\u308b\u308f\u3051\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u305d\u3057\u3066\u30c9\u30eb\u5efa\u3066\u306e\u91d1\u4fa1\u683c\u3068\u306f\u3001\u4fa1\u5024\u304c\u8584\u307e\u3063\u3066\u3044\u308b\u30c9\u30eb\u3092\u57fa\u6e96\u306b\u91d1\u4fa1\u683c\u3092\u8a08\u3063\u305f\u3082\u306e\u3067\u3042\u308b\u3002\u3060\u304b\u3089\u30c9\u30eb\u304c\u3069\u308c\u3060\u3051\u8584\u307e\u3063\u305f\u306e\u304b\u3092\u8a08\u7b97\u3059\u308c\u3070\u3001\u3088\u308a\u73fe\u5b9f\u306e\u59ff\u306b\u8fd1\u3044\u91d1\u4fa1\u683c\u304c\u6d6e\u304b\u3073\u4e0a\u304c\u3063\u3066\u304f\u308b\u3002<\/p>\n\n\n\n<p>\u30d8\u30a4\u30b3\u30c3\u30af\u6c0f\u306f\u6b21\u306e\u3088\u3046\u306b\u8a08\u7b97\u3057\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u30a2\u30e1\u30ea\u30ab\u306e\u30de\u30cd\u30fc\u30b5\u30d7\u30e9\u30a4\u3067\u8abf\u6574\u3057\u305f\u73fe\u5728\u306e\u91d1\u4fa1\u683c\u306f\u30011980\u5e74\u306e\u30d4\u30fc\u30af\u3088\u308a\u308275%\u4f4e\u3044\u3002<\/p>\n<\/blockquote>\n\n\n\n<p><strong>\u30b4\u30fc\u30eb\u30c9\u3068\u56fd\u50b5\u306e\u95a2\u4fc2<\/strong><\/p>\n\n\n\n<p>\u307e\u305f\u3001\u3082\u30461\u3064\u306e\u30d0\u30d6\u30eb\u306f\u56fd\u50b5\u3067\u3042\u308b\u3002\u50b5\u5238\u5e02\u5834\u306f\u70ba\u66ff\u5e02\u5834\u306b\u6b21\u3050\u5de8\u5927\u306a\u5e02\u5834\u3060\u304c\u3001\u50b5\u5238\u306e\u4e3b\u305f\u308b\u3082\u306e\u306f\u56fd\u50b5\u3067\u3042\u308a\u3001\u653f\u5e9c\u304c\u305d\u308c\u3060\u3051\u5927\u91cf\u306e\u56fd\u50b5\u3092\u767a\u884c\u3057\u3066\u304d\u305f\u3068\u3044\u3046\u3053\u3068\u3092\u610f\u5473\u3057\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<p>\u3060\u304c\u50b5\u5238\u306e\u5c02\u9580\u5bb6\u3067\u3042\u308b\u30b8\u30a7\u30d5\u30ea\u30fc\u30fb\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f\u306a\u3069\u306f\u3001\u3053\u3053\u307e\u3067\u81a8\u3089\u3093\u3060\u56fd\u50b5\u304c\u30a4\u30f3\u30d5\u30ec\u304b\u30c7\u30d5\u30a9\u30eb\u30c8\u4ee5\u5916\u306e\u65b9\u6cd5\u3067\u8fd4\u6e08\u3055\u308c\u308b\u3053\u3068\u306f\u306a\u3044\u3068\u6307\u6458\u3057\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/60192\" data-type=\"post\" data-id=\"60192\">\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f: \u30a2\u30e1\u30ea\u30ab\u306e\u50b5\u52d9\u5371\u6a5f\u3001\u6b21\u306e\u666f\u6c17\u5f8c\u9000\u3067\u7c73\u56fd\u50b5\u306f\u30c7\u30d5\u30a9\u30eb\u30c8\u3059\u308b\u53ef\u80fd\u6027<\/a><\/li>\n<\/ul>\n\n\n\n<p>\u3057\u304b\u3057\u4e16\u754c\u4e2d\u306e\u8cc7\u7523\u306e\u307b\u3068\u3093\u3069\u306f\u56fd\u50b5\u306a\u306e\u3067\u3042\u308b\u3002\u4ee5\u524d\u307e\u3067\u306f\u3001\u4e3b\u306a\u8cc7\u7523\u30af\u30e9\u30b9\u3068\u8a00\u3048\u3070\u30b4\u30fc\u30eb\u30c9\u3060\u3063\u305f\u3002\u30d8\u30a4\u30b3\u30c3\u30af\u6c0f\u306f\u6b21\u306e\u3088\u3046\u306b\u6307\u6458\u3057\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>1932\u5e74\u306b\u306f\u3001\u4e16\u754c\u4e2d\u306e\u8cc7\u7523\u306b\u5360\u3081\u308b\u30b4\u30fc\u30eb\u30c9\u3068\u91d1\u9271\u682a\u306e\u5272\u5408\u306f20%\u3060\u3063\u305f\u30021948\u5e74\u306b\u306f\u3001\u305d\u306e\u6570\u5b57\u306f30%\u306b\u306a\u3063\u305f\u30021981\u5e74\u306b\u306f26%\u3060\u3063\u305f\u3002<\/p>\n\n\n\n<p>2024\u5e74\u306e\u7d42\u308f\u308a\u306e\u6bb5\u968e\u3067\u3001\u305d\u306e\u6570\u5b57\u306f1%\u306b\u306a\u3063\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<p>1%\u3060\u3002\u3053\u308c\u306f\u9a5a\u304f\u3079\u304d\u6570\u5b57\u3060\u3002<\/p>\n<\/blockquote>\n\n\n\n<p>\u3053\u3053\u6570\u5341\u5e74\u306e\u7d19\u5e63\u5370\u5237\u3068\u50b5\u52d9\u81a8\u5f35\u3067\u56fd\u50b5\u3068\u7d19\u5e63\u304c\u3069\u308c\u3060\u3051\u81a8\u3089\u3093\u3060\u304b\u3068\u3044\u3046\u3053\u3068\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u305d\u3057\u3066\u305d\u306e\u7d19\u5e63\u3068\u56fd\u50b5\u306e\u30d0\u30d6\u30eb\u306f\u3001\u91d1\u4fa1\u683c\u304c10\u500d\u306b\u306a\u3063\u305f\u3050\u3089\u3044\u3067\u306f\u307e\u3060\u5d29\u58ca\u3057\u305f\u3068\u306f\u5168\u7136\u8a00\u3048\u306a\u3044\u306e\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p><strong>\u7d50\u8ad6<\/strong><\/p>\n\n\n\n<p>\u30b3\u30ed\u30ca\u5f8c\u306e\u73fe\u91d1\u7d66\u4ed8\u3067\u7d19\u5e63\u306e\u4fa1\u5024\u304c\u6c7a\u5b9a\u7684\u306b\u4e0b\u843d\u3057\u305f\u3053\u3068\u3067\u3001\u30b4\u30fc\u30eb\u30c9\u306f\u4e00\u90e8\u306e\u6295\u8cc7\u5bb6\u306b\u306f\u975e\u5e38\u306b\u6ce8\u76ee\u3055\u308c\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<p>\u7279\u306b\u4e2d\u592e\u9280\u884c\u3067\u3042\u308b\u3002\u30d8\u30a4\u30b3\u30c3\u30af\u6c0f\u306f\u6b21\u306e\u3088\u3046\u306b\u8ff0\u3079\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>2022\u5e74\u306f\u6975\u3081\u3066\u91cd\u8981\u306a\u5e74\u3060\u3063\u305f\u3002\u30c9\u30eb\u304c\u6b66\u5668\u5316\u3055\u308c\u3001BRICS\u8af8\u56fd\u3084\u6771\u5074\u306e\u4e2d\u592e\u9280\u884c\u304c\u7c73\u56fd\u50b5\u3092\u58f2\u3063\u3066\u30b4\u30fc\u30eb\u30c9\u3092\u8cb7\u308f\u306a\u3051\u308c\u3070\u306a\u3089\u306a\u3044\u3068\u6c17\u4ed8\u3044\u305f\u3002\u30c9\u30eb\u8cc7\u7523\u306f\u30a2\u30e1\u30ea\u30ab\u306b\u3044\u3064\u3067\u3082\u5dee\u3057\u62bc\u3055\u3048\u3089\u308c\u308b\u3068\u6c17\u4ed8\u3044\u305f\u304b\u3089\u3060\u3002<\/p>\n<\/blockquote>\n\n\n\n<p>\u30d8\u30a4\u30b3\u30c3\u30af\u6c0f\u306f\u4ee5\u4e0b\u306e\u8a18\u4e8b\u3067\u3001\u73fe\u5728\u306e\u91d1\u4fa1\u683c\u4e0a\u6607\u3067\u30b4\u30fc\u30eb\u30c9\u3092\u8cb7\u3063\u3066\u3044\u308b\u306e\u306f\u8ab0\u304b\u306b\u3064\u3044\u3066\u8aac\u660e\u3057\u3066\u3044\u305f\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/55076\" data-type=\"post\" data-id=\"55076\">\u30d8\u30a4\u30b3\u30c3\u30af\u6c0f: \u91d1\u4fa1\u683c\u304c\u3068\u3093\u3067\u3082\u306a\u304f\u4e0a\u6607\u3057\u3066\u3044\u308b\u7406\u7531 (2024\/10\/15)<\/a><\/li>\n<\/ul>\n\n\n\n<p>\u4e2d\u592e\u9280\u884c\u306e\u8cb7\u3044\u306f\u5927\u304d\u3044\u3002\u305d\u308c\u304c\u6700\u8fd1\u306e\u91d1\u4fa1\u683c\u4e0a\u6607\u306e\u7406\u7531\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u3060\u304c\u3001\u30b4\u30fc\u30eb\u30c9\u304c\u672c\u5f53\u306b\u30d0\u30d6\u30eb\u306b\u306a\u308b\u306e\u306f\u4e00\u822c\u306e\u6295\u8cc7\u5bb6\u304c\u53c2\u6226\u3057\u3066\u304b\u3089\u3067\u3042\u308b\u3002\u30d8\u30a4\u30b3\u30c3\u30af\u6c0f\u306f\u6b21\u306e\u3088\u3046\u306b\u8ff0\u3079\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u4e2d\u592e\u9280\u884c\u306e\u57f7\u62d7\u306a\u8cb7\u3044\u304c\u91d1\u4fa1\u683c\u3092\u62bc\u3057\u4e0a\u3052\u7d9a\u3051\u3066\u3044\u308b\u304c\u3001\u4e00\u822c\u306e\u4eba\u3005\u306f\u307e\u3060\u52d5\u3044\u3066\u3044\u306a\u3044\u3002<\/p>\n\n\n\n<p>\u306a\u3089\u3070\u3001\u5e74\u91d1\u57fa\u91d1\u3084\u91d1\u878d\u6a5f\u95a2\u3084\u30d5\u30a1\u30df\u30ea\u30fc\u30aa\u30d5\u30a3\u30b9\u306a\u3069\u306e\u4e00\u822c\u306e\u6295\u8cc7\u5bb6\u304c\u30b4\u30fc\u30eb\u30c9\u3092\u8cb7\u3044\u59cb\u3081\u308c\u3070\u3069\u3046\u306a\u308b\uff1f\u3000\u305d\u308c\u307b\u3069\u306e\u9700\u8981\u5897\u52a0\u306b\u5bfe\u5fdc\u3067\u304d\u308b\u30b4\u30fc\u30eb\u30c9\u306e\u4f9b\u7d66\u306f\u5b58\u5728\u3057\u306a\u3044\u3002<\/p>\n<\/blockquote>\n\n\n\n<p>\u30ec\u30a4\u30fb\u30c0\u30ea\u30aa\u6c0f\u306e\u300e<a href=\"https:\/\/amzn.to\/3IWcV1T\" target=\"_blank\" rel=\"noreferrer noopener\">\u4e16\u754c\u79e9\u5e8f\u306e\u5909\u5316\u306b\u5bfe\u51e6\u3059\u308b\u305f\u3081\u306e\u539f\u5247<\/a>\u300f\u3092\u601d\u3044\u51fa\u305d\u3046\u3002\u3053\u306e\u672c\u306b\u3088\u308c\u3070\u3001\u3069\u306e\u3088\u3046\u306a\u5927\u56fd\u3082\u6700\u7d42\u7684\u306b\u306f\u30a4\u30f3\u30d5\u30ec\u3068\u50b5\u52d9\u81a8\u5f35\u3067\u8870\u9000\u3059\u308b\u3002\u305d\u308c\u306f\u5927\u82f1\u5e1d\u56fd\u3084\u30aa\u30e9\u30f3\u30c0\u6d77\u4e0a\u5e1d\u56fd\u306a\u3069\u306e\u904e\u53bb\u306e\u8987\u6a29\u56fd\u5bb6\u3082\u4f8b\u5916\u3067\u306f\u306a\u304b\u3063\u305f\u3002<\/p>\n\n\n\n<p>\u305d\u3057\u3066\u56fd\u5bb6\u306e\u8870\u9000\u306b\u306f\u3001\u305d\u306e\u56fd\u5bb6\u306e\u767a\u884c\u3059\u308b\u901a\u8ca8\u306e\u8870\u9000\u304c\u3064\u304d\u3082\u306e\u3067\u3042\u308b\u3002\u305d\u3057\u3066\u7d19\u5e63\u306e\u4fa1\u5024\u304c\u306a\u304f\u306a\u308b\u3068\u304d\u3001\u4eba\u3005\u306f\u8cb4\u91d1\u5c5e\u306e\u8cb7\u3044\u306b\u8d70\u308b\u3002<\/p>\n\n\n\n<p>\u305d\u3057\u3066\u4eba\u3005\u306f\u307e\u3060\u8d70\u3063\u3066\u3044\u306a\u3044\u3002\u305d\u308c\u304c\u91cd\u8981\u306a\u306e\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<a href=\"https:\/\/amzn.to\/3xlpTUc\" target=\"_blank\" rel=\"noreferrer noopener\"><img decoding=\"async\" src=\"https:\/\/m.media-amazon.com\/images\/I\/81CZHKszf9L._SL160_.jpg\"><\/a><br><a href=\"https:\/\/amzn.to\/3xlpTUc\" target=\"_blank\" rel=\"noreferrer noopener\">\u4e16\u754c\u79e9\u5e8f\u306e\u5909\u5316\u306b\u5bfe\u51e6\u3059\u308b\u305f\u3081\u306e\u539f\u5247<\/a>\n","protected":false},"excerpt":{"rendered":"<p>\u5f15\u304d\u7d9a\u304dVon Greyerz\u306e\u30d1\u30fc\u30c8\u30ca\u30fc\u3067\u3042\u308b\u30b8\u30e7\u30cb\u30fc\u30fb\u30d8\u30a4\u30b3\u30c3\u30af\u6c0f\u306e\u81ea\u793e\u914d\u4fe1\u52d5\u753b\u3067\u306e\u30a4\u30f3\u30bf\u30d3\u30e5\u30fc\u3067\u3042\u308b\u3002 \u4eca\u56de\u306f\u91d1\u76f8\u5834\u306e\u9700\u8981\u3068\u4f9b\u7d66\u306b\u3064\u3044\u3066\u8a71\u3057\u3066\u3044\u308b\u90e8\u5206\u3092\u7d39\u4ecb\u3057\u305f\u3044\u3002<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[57,110],"tags":[201],"class_list":["post-60835","post","type-post","status-publish","format-standard","hentry","category-commodity-markets","category-gold","tag-jonny-haycock"],"_links":{"self":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/60835","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/comments?post=60835"}],"version-history":[{"count":69,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/60835\/revisions"}],"predecessor-version":[{"id":60904,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/60835\/revisions\/60904"}],"wp:attachment":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/media?parent=60835"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/categories?post=60835"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/tags?post=60835"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}