Gold, without any favorable stimulation, has once again reached a strong new high
Gold Rabbit January 23 Investment Gold Diary📓～Day Eight
Preface👇
After the rabbit used Qimen Dunjia to divine gold on January 1, it bought in on January 4, accumulating an investment of ICBC 200,000 + CCB X W paper gold + 15 grams of ICBC physical gold
(Paper gold is used for investment profits
Physical gold is used for asset isolation + wealth inheritance)
The rabbit woke up in the morning and immediately opened Binance to check the gold trend.
Gold $XAU Since the rabbit mentioned a new high last night, the trend has been very strong. By 8 a.m., the screenshot showed it had already reached around 4960 USD/ounce, and ICBC paper gold has also reached 1109 yuan/gram, continuing to show strong new highs.
This new high, I did not see obvious political situations causing it.
The rabbit's feeling is that no matter what you invest in, if it is simply correlated with a certain aspect, then its trend is not independent and cannot be considered a trend.
Comparing with the exchange rate of Moutai, in 2021, Moutai was 3840 yuan/bottle, gold was 369 yuan/gram, one bottle of Moutai can be exchanged for 10 grams of gold.
And now, one gram of gold (non-jewelry gold) still cannot be exchanged for one bottle of Moutai.
So, the rabbit will not look at the rise in gold, how much it has risen in the past. If you look at the rise, you simply won't take action.
My reference standard is its comparison with prices. 100 years ago, two large gold bars, about 625 grams, could exchange for a small courtyard in Beijing.
This seems a bit exaggerated and extreme because there were frequent wars at that time, and houses depreciated severely, but in some areas, this trend is currently appearing.
Now, I'm not saying to change to another house, but the value of gold is also underestimated.
The leader I met while hiking before said that in the future, gold will not be affordable for ordinary people.
While I can afford it, I should save more.
Additionally, a friendly reminder, when buying gold for asset allocation, it's recommended to buy bank gold bars. The cost of jewelry gold is too high and not worth it.
After buying, also ensure security. Don't let relatives around know. Many people's gold has been stolen, and it's likely an inside job.
Yesterday I asked everyone how to store gold well. I feel that decentralized storage is the best.
You can put fake gold in the safe, but for real gold, you need to find a way.
Remember to buy a good anti-magnetic bag, although I don't know if it works 😂, but the cost of trial and error is small, worth a try.
Today I plan to buy 5 grams of gold with the salary sent by Elon Musk's dad yesterday.
This time gold has risen, married couples are big winners. Most marriages will allocate three gold pieces, and now a set can be worth around 100,000.
I was in debt when I got married and had no ability to buy.
When I had money later, I bought my mother-in-law a gold bracelet and a gold necklace.
She didn't accept the gold necklace. At that time, there were some conflicts between mother-in-law and daughter-in-law. Although I sincerely gave it, it was returned to me a few times. I feel that giving gifts should be a happy thing. If my mother-in-law sees it, she might think of unpleasant things, so forget it.
Now I can't bear to give it away anymore, and I won't give it away again. The rabbit also needs to have some gold by its side for more confidence.
From this matter, I also realized one thing, love yourself first, satisfy yourself first, in order to satisfy others. Otherwise, life will be very twisted.
Let your heart become rich, life will be richer.
Gold can also enhance a person's fortune. Shiny gold can be worn and is both safe and prosperous.
I don't know when gold will stand at 5000 dollars/ounce.
Friendly reminder, Binance is currently trading gold and silver XAU/XAG with a 0 fee rate. Those who understand gold can research it.
