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2019年6月英语六级阅读练习:黄金与货币
Investment in the latter part of 2002 and at the start of 2003 has been driven by geopolitical concerns1 but the underlying background is more complex, and reflects currency concerns, along with the desire to hedge against risks in the equity and bond markets and, notably in the case of2 Argentina and Japan, risks in the banking sector. Corporate governance problems also played a strong part during the first part of 2002 , as a deepening mistrust of corporate reports and accounts augmented some investors’desire to hedge against equity exposure . Gold thus reasserted itself as an alternative asset class, enabling the professional investor to diversify his risk. With concerns also swirling in the markets about the destiny of the dollar, the euro and the yen, gold and the Swiss franc came into play as reserve currencies.
As a consequence, the professional investor is once again looking at gold as a hedge against risk — something that many individuals in developing nations have never ceased to do. These individual investors in the Middle East, Indian sub-continent and the Far East have remained loyal to gold as a safe haven, or an“ ultimate investment”as a portable、 anonymous form of money and it is this sustained activity which has formed the foundation of the change in sentiment in the rest of the world. The“retail”investor in the so-called first world is also aware of gold ’s resurgence and there has been a noticeable rekindling of interest in coins and bars from this quarter as well interest in gold in other forms from other investment pools.
Offsetting this fresh demand to some extent is the fact that the slowing global economy had a negative effect on purchases of gold in the jewellery sector, and the poor Indian monsoon3 meant that Indian offtake, the world ’s largest, was particularly badly hampered. This is one of the answers to the question“why didn’t the price rise further, given all the other uncertainties in the world?”One of the important features of gold is that more often than not, a reason for one man to buy it is the same reason for another man to sell it. It is this that helps to make it an attractive alternative asset class as it has characteristics all of its own and a negative, if any, correlation with many of the other major asset classes. In this case the slowing economy hindered jewellery purchases, but prompted purchases from investors concerned that stock market valuations were too high given the deteriorating outlook for earnings.
It is worth pointing out also that if the price had rocketed, the integrity of the demand side would have been severely undermined and such a rally would have proved unsustainable.
练习题:
Ⅰ. Translate the following expressions into English according to the passage :
1. 关于地缘政治的考虑
2. 股票债券市场
3. 对⋯⋯有负面作用
4. 不确定因素
5. 和⋯⋯成反比
6. 匿名的
Ⅱ. Questions :
1. Which country buy the most gold to make jewelry?
2. What are“reserved currencies”?
答案:
Ⅰ. 1. geo-political concerns
2. the equity and bond markets
3. have a negative effect on
4. uncertainties
5. a negative , if any, correlation with
6. anonymous
Ⅱ. 1. India.
2. Gold and the Swiss franc .
2019年6月英语六级阅读练习:网络交友
Look For Friendship In Cyberspace
In so many ways, cyberspace 1 mirrors the real world. People ask for information, play games, and share hobby tips. Others buy and sell products. Still others look for friendship, or even love.
Unlike the real world, however, your knowledge about a person is limited to words on a computer screen. Identity and appearance mean very little in cyberspace. Rather, a person's thoughts-or at least the thoughts they type — are what really count. So even the shyest person can become a chat-room star2.
Usually, this "faceless"communication doesn't create problems. Identity doesn't really matter when you're in a chat room discussing politics or hobbies. In fact, this emphasis on the ideas themselves makes the Internet a great place for exciting conversation. Where else can so many people come together to chat?
But some Internet users want more than just someone to chat with. They're looking for serious love relationships. Is cyberspace a good place to find love? That answer depends on whom you ask. Some of these relationships actually succeed. Others fail miserably.
Supporters of online relationships claim that the Internet allows couples to get to know each other intellectually3 first. Personal appearance doesn't get in the way4. But critics of online relationships argue that no one can truly know another person in cyberspace. Why? Because the Internet gives users a lot of control over how others view them. Internet users can carefully craft their words to fit whatever image they want to give. And they don't have to worry about what their " nonverbal"communication is doing for their image. In a sense, they're not really themselves.
All of this may be fine if the relationship stays in cyberspace. But not knowing a person is a big problem in a love relationship. With so many unknowns, it's easy to let one's imagination " fill in the blanks."This inevitably leads to disappointment when couples meet in person. How someone imagines an online friend is often quite different than the real person.
So, before looking for love in cyberspace, remember the advice of Internet pioneer Clifford Stoll: "Life in the real world is far richer than anything you'll find on a computer screen."
练习题:
Ⅰ. True or False:
The author believes cyberspace is suitable for doing things like:
1. asking for information
2. playing games
3. sharing hobby tips
4. buying and selling products
5. discussing politics
6. looking for friendship, or even love
Ⅱ. Question :
Why cannot a person know another one through Internet?
答案:
Ⅰ. 1. T 2. T 3. T 4. T 5. T 6. F
Ⅱ. Because the Internet gives users a lot of control over how others view them.
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