dà jiā hǎo huān yíng lái dào xīn yī qī de lǎo wáng kàn shì jiè

大家好，欢迎来到新一期的老王看世界

Hello everyone, welcome to the new issue of Lao Wang sees the world

jīn jià bù duàn shàng zhǎng tū pò nián de gāo diǎn

金价不断上涨突破11年的高点

The price of gold continues to rise, breaking through an 11-year high

gè guó yāng xíng yuè lái yuè jī jìn de huò bì zhèng cè

各国央行越来越激进的货币政策

The increasingly aggressive monetary policies of central banks

hé céng duō cì gōng kāi biǎo shì duì huáng jīn bù gǎn xīng qù de gǔ shén bā fēi tè

和曾多次公开表示对黄金不感兴趣的股神巴菲特

And Warren Buffett, who has repeatedly stated publicly that he is not interested in gold

gòu mǎi le bā lǐ kè huáng jīn yì měi yuán de gǔ piào

购买了巴里克黄金1.2%(5,6亿美元)的股票

Purchased 1.2% ($560 million) of Barrick Gold

suǒ yǒu de zhè xiē shì jiàn shì hū dōu zài jiāng tóu zī zhě men de mù guāng yǐn xiàng nà jīn shǎn shǎn de huáng sè jīn shǔ

所有的这些事件似乎都在将投资者们的目光引向那金闪闪的黄色金属

All these events seem to be directing investors' eyes to the golden yellow metal

lǎo wáng yǐ jīng zuò guò yī qī tǎo lùn huáng jīn shì fǒu shì gè hǎo zī chǎn de shì pín

老王已经做过一期讨论黄金是否是个好资产的视频

Lao Wang has done a video discussing whether gold is a good asset

zhè lǐ jiù bù zài zhòng fù le

这里就不再重复了

I won't repeat it here

bù guò zài nà qī shì pín yǒu hěn duō péng yǒu liú yán xiǎng le jiě xià rú hé tóu zī huáng jīn

不过在那期视频有很多朋友留言想了解下如何投资黄金

But in that video, many friends left messages and wanted to know how to invest in gold

suǒ yǐ jīn tiān lǎo wáng jiù gēn dà jiā liáo liáo bǐ jiào cháng jiàn de tóu zī huáng jīn de fāng fǎ

所以今天老王就跟大家聊聊比较常见的投资黄金的方法

So today Pharaoh will talk to you about the more common ways to invest in gold

xián huà bù duō shuō ràng wǒ men kāi shǐ ba

闲话不多说，让我们开始吧

Not much gossip, let's get started

tóu zī huáng jīn qí shí fēi cháng jiǎn dān

投资黄金其实非常简单

Investing in gold is actually very simple

zǒng de lái shuō yǒu liǎng dà lèi

总的来说，有两大类

In general, there are two major categories

yī lèi shì tóu zī shí wù huáng jīn lìng yī lèi shì zhǐ huáng jīn

一类是投资实物黄金，另一类是纸黄金

One is investing in physical gold, and the other is paper gold

qián zhě gù míng sī yì jiù shì gòu mǎi shí tǐ huáng jīn

前者顾名思义就是购买实体黄金

The former, as the name suggests, is to buy physical gold

tōng cháng rén men huì xuǎn zé gòu mǎi shǒu shì jīn tiáo huò jīn bì

通常人们会选择购买首饰，金条或金币

Usually people choose to buy jewelry, gold bars or gold coins

jī běn shàng dà jiā suí biàn zhǎo yī gè kě kào de jīng xiāo shāng dōu kě yǐ suí shí mǎi dào

基本上大家随便找一个可靠的经销商都可以随时买到

Basically, you can buy it at any time by looking for a reliable distributor

zhǐ yào què rèn shì tóu zī jí bié chéng fēn shì yǐ shàng de jiù kě yǐ le

只要确认是投资级别(成分是99.5%以上)的就可以了

Just confirm that it is investment grade (the ingredient is 99.5% or more).

rú guǒ nǐ tè bié rèn kě huáng jīn de jià zhí xiǎng yào zhǎng qī tóu zī

如果你特别认可黄金的价值，想要长期投资

If you particularly recognize the value of gold and want long-term investment

nà xiāng duì yǔ shǒu shì hé jīn bì háo wú yí wèn jīn tiáo zài jià gé shàng huì yǒu gèng dà de yōu shì

那相对与首饰和金币，毫无疑问金条在价格上会有更大的优势

Compared with jewelry and gold coins, there is no doubt that gold bars will have a greater advantage in price

suī rán gòu mǎi shí tǐ huáng jīn fēi cháng jiǎn dān dàn zhè zhǒng tóu zī fāng shì yě yǒu zhe hěn míng xiǎn de liè shì

虽然购买实体黄金非常简单，但这种投资方式也有着很明显的劣势

Although it is very simple to buy physical gold, this investment method also has obvious disadvantages.

shǒu xiān shí tǐ huáng jīn de jià gé huì jiāng gāo yú qī huò shì chǎng zhōng jiāo yì de jià gé

首先实体黄金的价格会将高于期货市场中交易的价格

First, the price of physical gold will be higher than the price traded in the futures market

bù guǎn shì gòu mǎi nǎ zhǒng xíng shì de shí tǐ huáng jīn tā men dōu yǒu zhì zuò hé jīng xiāo shāng de chéng běn

不管是购买哪种形式的实体黄金，它们都有制作和经销商的成本

No matter which form of physical gold is purchased, they all have production and dealer costs

rú guǒ xuǎn zé shǒu shì hái yào jiā shàng pǐn pái de yì jià

如果选择首饰还要加上品牌的溢价

If you choose jewelry, you have to add the brand premium

suǒ yǒu de zhè xiē chéng běn zài jiāo yì wán chéng hòu dōu shì wú fǎ wǎn huí de

所有的这些成本在交易完成后都是无法挽回的

All these costs are irrecoverable after the transaction is completed

tóu zī shí tǐ huáng jīn de lìng yī gè wèn tí shì nán yǐ chǔ cún

投资实体黄金的另一个问题是难以储存

Another problem with investing in physical gold is the difficulty of storing

bì jìng bìng bù shì měi gè rén jiā zhōng dōu zhuāng yǒu bǎo xiǎn guì

毕竟并不是每个人家中都装有保险柜

After all, not everyone has a safe in their home

zuì hòu xiāng duì yú zhǐ huáng jīn shí tǐ huáng jīn de liú dòng xìng jiào dī

最后相对于纸黄金，实体黄金的流动性较低

Finally, compared to paper gold, physical gold has lower liquidity

suī rán lǐ lùn shàng wǒ men kě yǐ jiāng huáng jīn kàn zuò chéng shì huò bì de yī zhǒng

虽然理论上我们可以将黄金看做成是货币的一种

Although theoretically we can regard gold as a kind of currency

dàn bù néng zhí jiē ná huáng jīn qù xiāo fèi yě shì gè bù zhēng de shì shí

但不能直接拿黄金去消费也是个不争的事实

But it’s an indisputable fact that you cannot consume gold directly

ér bǎ huáng jīn huàn chéng qián de zhè yī guò chéng yě shì xū yào shí jiān de

而把黄金换成钱的这一过程也是需要时间的

The process of changing gold into money also takes time

xiāng duì yú shí tǐ huáng jīn gèng duō de tóu zī rén xuǎn zé le zhǐ huáng jīn

相对于实体黄金，更多的投资人选择了纸黄金

Compared with physical gold, more investors choose paper gold

qí shí tóu zī zhǐ huáng jīn hé tóu zī gǔ piào bìng méi yǒu shén me qū bié

其实投资纸黄金和投资股票，etf并没有什么区别

In fact, there is no difference between investing in paper gold and investing in stocks, ETFs

bǐ jiào cháng jiàn fāng fǎ yǒu yī xià jǐ zhǒng

比较常见方法有一下几种

There are several common methods

dāng dà jiā kàn dào xīn wén zhōng tí dào huáng jīn tū pò diǎn huò zhě huáng jīn diē pò diǎn

当大家看到新闻中提到黄金突破xx点或者黄金跌破xx点

When everyone sees the news that gold breaks through XX points or gold falls below XX points

tā men zhǐ de dōu shì huáng jīn zài qī huò jiāo yì shì chǎng de jià gé

它们指的都是黄金在期货交易市场的价格

They refer to the price of gold in the futures market

suǒ yǐ tóu zī zhǐ huáng jīn de fāng fǎ zhī yī jiù shì zhí jiē gòu mǎi huáng jīn de qī huò huò zhě qī quán

所以投资纸黄金的方法之一就是直接购买黄金的期货或者期权

So one of the ways to invest in paper gold is to directly buy gold futures or options

lǎo wáng zuò guò yī qī guān yú jīn róng yǎn shēng pǐn de shì pín

老王做过一期关于金融衍生品的视频

Lao Wang made a video about financial derivatives

yǒu gǎn xīng qù de péng yǒu kě yǐ qù diǎn yī xià yòu shàng jiǎo de liàn jiē

有感兴趣的朋友可以去点一下右上角的链接

Interested friends can click the link in the upper right corner

dàn kǎo lǜ dào huáng jīn běn shēn de gāo bō dòng xìng

但考虑到黄金本身的高波动性

But considering the high volatility of gold itself

rú guǒ dà jiā cóng lái méi yǒu jìn xíng guò lèi shì de jiāo yì

如果大家从来没有进行过类似的交易

If everyone has never made a similar transaction

hái shì bù jiàn yì xuǎn zé zhè zhǒng tóu zī fāng shì

还是不建议选择这种投资方式

It is still not recommended to choose this investment method

dì èr zhǒng fāng fǎ shì tōng guò gòu mǎi huáng jīn

第二种方法是通过购买黄金etf

The second method is by buying a gold ETF

jiǎn dān lái shuō jiù shì mǎi rù yī gè chí yǒu shí tǐ jīn tiáo de jī jīn

简单来说就是买入一个持有实体金条的基金

Simply put, it is to buy a fund that holds physical gold bars

jiù shì yī gè zuì hǎo de lì zi

gld就是一个最好的例子

GLD is the best example

dà jiā kě yǐ kàn dào tā de jià gé hé jīn jià de zǒu shì jī běn yī zhì

大家可以看到他的价格和金价的走势基本一致

You can see that his price is basically the same as the trend of the gold price

gēn jù zuì xīn gōng bù de shù jù

根据gld最新公布的数据

According to the latest data released by GLD

tā xiàn zài chǔ cún le jiē jìn dūn de huáng jīn zǒng jià zhí zài yì měi yuán zuǒ yòu

它现在储存了接近1250吨的黄金，总价值在780亿美元左右

It now stores nearly 1,250 tons of gold with a total value of about 78 billion US dollars

dì sān zhǒng yě shì fēng xiǎn zuì gāo de fāng fǎ

第三种也是风险最高的方法

The third and most risky method

jiù shì zhí jiē gòu mǎi jīn kuàng gōng sī de gǔ piào

就是直接购买金矿公司的股票

Is to buy stocks of gold mining companies directly

zhè lèi gǔ piào de zhǎng diē hé jīn jià de zǒu shì dà zhì xiāng tóng

这类股票的涨跌和金价的走势大致相同

The rise and fall of such stocks are roughly the same as the trend of gold prices

dàn gōng sī gǔ piào de bō dòng xìng yào gāo yú jīn jià

但公司股票的波动性要高于金价

But company stocks are more volatile than gold prices

jiǎn dān lái shuō jiù shì jīn jià shàng zhǎng de shí hòu gǔ jià shàng zhǎng de gèng duō

简单来说就是金价上涨的时候股价上涨的更多

Simply put, when the price of gold rises, the stock price rises more

zhè diǎn wǒ men tōng guò guān chá hé jīn jià de zǒu shì jiù néng fā xiàn

这点我们通过观察gdx和金价的走势就能发现

We can discover this by observing the trend of GDX and gold prices

chū xiàn zhè yī xiàn xiàng de yuán yīn

出现这一现象的原因

The reason for this phenomenon

zhǔ yào shì yīn wèi jīn kuàng gōng sī de yùn yíng chéng běn xiāng duì bǐ jiào gù dìng

主要是因为金矿公司的运营成本相对比较固定

Mainly because the operating costs of gold mining companies are relatively fixed

yī dàn jīn jià gāo yú lín jiè diǎn kě yǐ yíng lì

一旦金价高于临界点(可以盈利)

Once the gold price is higher than the critical point (it can be profitable)

nà qǐ yè de shōu rù huì dà fú zēng jiā

那企业的收入会大幅增加

The company’s revenue will increase substantially

yǐ bā fēi tè rù shǒu de bā lǐ kè huáng jīn gōng sī wèi lì

以巴菲特入手的巴里克黄金公司为例

Take the Barrick Gold Company that Buffett started as an example

zài zuì xīn chū lú de cái wù bào gào zhōng xiǎn shì

在最新出炉的财务报告中显示

Shown in the latest financial report

zuì jìn de sān gè yuè xiāng duì qù nián gōng sī de xiàn jīn liú zēng jiā le yì qiān wàn měi yuán

最近的三个月，相对去年公司的现金流增加了1亿4千万美元

In the last three months, the company’s cash flow increased by $140 million compared to last year

ér dǎo zhì xiàn jīn liú zēng jiā de zhǔ yào yuán yīn jiù shì jīn jià de shàng zhǎng

而导致现金流增加的主要原因就是金价的上涨

The main reason for the increase in cash flow is the rise in the price of gold

dāng rán zhǎng de shí hòu zhǎng de duō nà diē de shí hòu zì rán yě diē de yě duō

当然涨的时候涨的多，那跌的时候自然也跌的也多

Of course, when it rises, it rises a lot, and when it falls, it naturally falls too.

tè bié shì yī xiē xiǎo xíng jīn kuàng gōng sī de fēng xiǎn fēi cháng dà

特别是一些小型金矿公司的风险非常大

Especially some small gold mining companies are very risky

suǒ yǐ duì yú méi duō shǎo jīng yàn de tóu zī rén

所以对于没多少经验的投资人

So for investors with little experience

hái shì tōng guò gòu mǎi jīn kuàng gōng sī de bǐ jiào ān quán

还是通过购买金矿公司的etf比较安全

It is safer to buy ETFs from gold mining companies

yǐ shàng jiù shì bǐ jiào cháng jiàn de tóu zī huáng jīn de fāng fǎ le

以上就是比较常见的投资黄金的方法了

The above is the more common way to invest in gold

jiù xiǎng kāi tóu lǎo wáng shuō de què shí shì hěn jiǎn dān

就想开头老王说的，确实是很简单

I just want to say at the beginning, it is really simple

bìng méi yǒu tài duō kě jiǎng de

并没有太多可讲的

Not much to talk about

bù guò zài shì pín de zuì hòu

不过在视频的最后

But at the end of the video

lǎo wáng xiǎng jiè zhe zhè gè jī huì huí dá liǎng gè yǐ jīng duō cì shōu dào kǒu wù de tí wèn

老王想借着这个机会回答两个已经多次收到(口误)的提问

Lao Wang wants to take this opportunity to answer two questions that have been received many times (spoken)

dì yī gè wèn tí shì xiàn zài shì fǒu shì tóu zī huáng jīn de hǎo shí jī

第一个问题是，现在是否是投资黄金的好时机?

The first question is, is now a good time to invest in gold?

rú guǒ dà jiā zài wǎng shàng sōu suǒ rú hé yù cè huáng jīn jià gé

如果大家在网上搜索如何预测黄金价格

If you search online how to predict the price of gold

tōng cháng huì dé dào yī xià jǐ gè dá àn

通常会得到一下几个答案:

There are usually a few answers:

cóng zhǎng qī lái kàn měi yuán zhǐ yǒu zài duǎn qī cái yǒu guān lián xìng

从长期来看(美元只有在短期才有关联性)

In the long run (the U.S. dollar is only relevant in the short run)

zhè sān gè zhǐ biāo què shí zài hěn duō shí hòu hé jīn jià zhī jiān shì yǒu guān lián de

这三个指标确实在很多时候和金价之间是有关联的

These three indicators are indeed related to gold prices in many cases

dàn zhè xiē yīn sù bìng bù shì tuī dòng jīn jià shàng zhǎng hé xià diē de zhēn zhèng yuán yīn

但这些因素并不是推动金价上涨和下跌的真正原因

But these factors are not the real reason for the rise and fall of gold prices

tā men zhǐ bù guò shì zhēn zhèng yuán yīn dǎo zhì de jié guǒ ér yǐ

它们只不过是真正原因导致的结果而已

They are just the result of the real cause

shí jì lì lǜ zǒu dī

实际利率走低

Lower real interest rates

měi yuán zǒu ruò dāng rán měi yuán de zǒu shì hái hé hěn duō qí tā yuán yīn yǒu guān

美元走弱(当然美元的走势还和很多其它原因有关)

The dollar weakened (of course, the trend of the dollar is also related to many other reasons)

měi lián chǔ de kuò biǎo

美联储的扩表

Fed's expansion

měi dāng zhè sān jiàn shì yī qǐ fā shēng de shí hòu tōng cháng jiù yì wèi zhe jīng jì wēi jī

每当这三件事一起发生的时候，通常就意味着经济危机

When these three things happen together, it usually means an economic crisis

suǒ yǐ zhēn zhèng yǐng xiǎng huáng jīn jià gé de shì duì wèi lái de bù què dìng xìng

所以真正影响黄金价格的是对未来的不确定性

So what really affects the price of gold is the uncertainty about the future

bù què dìng xìng yuè gāo jīn jià shàng zhǎng de gài lǜ yuè gāo

不确定性越高，金价上涨的概率越高

The higher the uncertainty, the higher the probability that the price of gold will rise

bù què dìng xìng yuè xiǎo jīn jià xià diē de kě néng xìng yuè dà

不确定性越小金价下跌的可能性越大

The smaller the uncertainty, the greater the possibility that the price of gold will fall

ér zhè zhǒng bù què dìng xìng kě yǐ shì yì qíng

而这种不确定性，可以是疫情

And this uncertainty can be an epidemic

kě yǐ shì zhòng yào guó jiā de dà xuǎn kě yǐ shì jīng jì wēi jī

可以是重要国家的大选，可以是经济危机

It can be a general election in an important country, it can be an economic crisis

yě kě yǐ shì rén men duì xiàn yǒu de fǎ dìng huò bì shī qù xìn xīn

也可以是人们对现有的法定货币失去信心

It can also be that people lose confidence in existing legal tender

měi dāng yù dào zhè xiē qíng kuàng de shí hòu

每当遇到这些情况的时候

Whenever encounter these situations

zī jīn tōng cháng huì liú xiàng huáng jīn děng kě yǐ zuò dào jià zhí chǔ cún de zī chǎn

资金通常会流向黄金等可以做到价值储存的资产

Funds usually flow to gold and other assets that can store value

suǒ yǐ jiǎn dān lái shuō tóu zī huáng jīn qí shí jiù shì zài dǔ wèi lái de bù què dìng xìng

所以简单来说投资黄金其实就是在赌未来的不确定性

So to put it simply, investing in gold is actually betting on the uncertainty of the future

zhì yú wèi lái huì zěn me yàng

至于未来会怎么样?

As for the future?

xiāng xìn měi gè rén xīn lǐ duì yú zhè wèn tí dōu yǒu zhe bù tóng de kàn fǎ

相信每个人心里对于这问题都有着不同的看法

I believe everyone has a different view on this issue in their hearts

zuò wèi tóu zī rén wǒ men zhǐ yào gēn zhe zì jǐ de yù cè lái tóu zī jiù xíng le

作为投资人我们只要跟着自己的预测来投资就行了

As investors, we just need to follow our own predictions to invest

yǒu yī diǎn hěn zhòng yào rú guǒ nǐ duì wèi lái méi shén me gǎn jué

有一点很重要，如果你对未来没什么感觉

One thing is very important, if you don’t have much feeling about the future

qiān wàn bù yào yīn wèi mǒu gè jīng jì xué jiè huò zhě zhǔ

千万不要因为某个经济学界或者up主

Don’t be because of a certain economics circle or up

fā le yī gè yù cè wèi lái huáng jīn huì zhǎng jǐ wàn měi yuán de shì pín

发了一个预测未来黄金会涨几万美元的视频

Posted a video predicting that gold will rise tens of thousands of dollars in the future

jiù yī gǔ nǎo de bǎ qián rēng jìn qù

就一股脑的把钱扔进去

Just throw the money in

suǒ yǒu tí chū lèi shì guān diǎn de rén dōu rèn wèi wǒ men zǎo wǎn huì huí guī jīn běn wèi

所有提出类似观点的人都认为我们早晚会回归金本位

All those who have made similar views think that sooner or later we will return to the gold standard

ér zhèng fǔ shì jué duì bù huì yǔn xǔ zhè zhǒng shì qíng fā shēng de

而政府是绝对不会允许这种事情发生的

The government will never allow this to happen

dì èr gè wèn tí shì guān yú bǐ tè bì

第二个问题是关于比特币

The second question is about Bitcoin

bù shǎo rén rèn wèi hái zài tóu zī huáng jīn de dōu shì xiē yǐ jīng méi jiù le de lǎo gǔ dǒng

不少人认为还在投资黄金的都是些已经没救了的老古董

Many people think that those who are still investing in gold are old antiques that are no longer saved.

yǒu le shù zì huò bì hái yào huáng jīn gàn shén me

有了数字货币还要黄金干什么

What do you need gold for with digital currency

lǎo wáng bìng bù xiǎng qù tǎo lùn bǐ tè bì shì fǒu shì gè hǎo de zī chǎn

老王并不想去讨论比特币是否是个好的资产

Pharaoh doesn't want to discuss whether Bitcoin is a good asset

yīn wèi rèn tóng bǐ tè bì hé bù rèn tóng bǐ tè bì de rén

因为认同比特币和不认同比特币的人

Because people who agree with Bitcoin and those who don't agree with Bitcoin

liǎng fāng shuí yě shuō fú bù le duì fāng

两方谁也说服不了对方

Neither party can convince the other

zhè lǐ wǒ men jiù jiǎ shè bǐ tè bì jiù shì yī zhǒng shù zì huáng jīn

这里我们就假设比特币就是一种数字黄金

Here we assume that Bitcoin is a kind of digital gold

yě kě yǐ zuò dào jià zhí chǔ cún de gōng néng

也可以做到价值储存的功能

It can also function as a store of value

rú guǒ zhè yī diǎn shì shì shí de huà nà jiù huì chū xiàn yī gè wèn tí

如果这一点是事实的话，那就会出现一个问题

If this is true, there will be a problem

cǐ kè wǒ men zhèng miàn lín zhe yī chǎng jǐn cì yú de jīng jì wēi jī

此刻我们正面临着一场仅次于1929的经济危机

At this moment we are facing an economic crisis second only to 1929

yì qíng yù yǎn yù liè gè guó de zhài wù fēi sù zēng zhǎng huò bì gōng gěi yě zhí xiàn shàng shēng

疫情愈演愈烈，各国的债务飞速增长，货币供给也直线上升

The epidemic has intensified, the debt of various countries has grown rapidly, and the money supply has also risen

cǐ shí cǐ kè zhèng shì yīng gāi bǐ tè bì fā huī jià zhí chǔ cún gōng néng de shí hòu

此时此刻正是应该比特币发挥价值储存功能的时候

This is the time when Bitcoin should perform its value storage function

ér bǐ tè bì de jià gé suī rán zhǎng le yī xiē

而比特币的价格虽然涨了一些

Although the price of Bitcoin has gone up

dàn lí jǐ nián qián de zuì gāo diǎn mào shì hái yǒu yī duàn bù xiǎo de chà jù

但离几年前的最高点貌似还有一段不小的差距

But there seems to be a big gap from the highest point a few years ago

rú guǒ zài zhè me duō bù què dìng de dāng xià bǐ tè bì dōu méi yǒu chuàng chū xīn gāo

如果在这么多不确定的当下，比特币都没有创出新高

If in so many uncertain moments, Bitcoin has not hit a new high

nà lǎo wáng xiǎng wèn de shì bǐ tè bì shén me shí hòu huì dà zhǎng

那老王想问的是，比特币什么时候会大涨?

What Pharaoh wants to ask is, when will Bitcoin soar?

děng dào dì qiú huǐ miè de shí hòu

等到地球毁灭的时候?

Wait until the earth is destroyed?

zhè qī shì pín chà bù duō jiù dào zhè le

这期视频差不多就到这了

This video is almost here

zài zuì hòu de zuì hòu lǎo wáng xiǎng tīng tīng dà jiā de xiǎng fǎ

在最后的最后，老王想听听大家的想法

At the end, Pharaoh would like to hear everyone’s thoughts

nǐ men rèn wèi huáng jīn zài wèi lái jǐ nián de biǎo xiàn huì zěn me yàng

你们认为黄金在未来几年的表现会怎么样?

How do you think gold will perform in the next few years?

hǎo le gǎn xiè dà jiā de guān kàn

好了，感谢大家的观看

Okay, thanks for watching

xǐ huān de péng yǒu qǐng duō duō diǎn zàn dìng yuè píng lùn

喜欢的朋友请多多点赞订阅评论

Like friends, please give a lot of likes and subscribe to comments

wǒ men xià qī zài jiàn

我们下期再见，886

See you next time, 886