Recently, precious metals have been going crazy, and after discussing with my wife, I decided to sell all the jewelry in the house today. Firstly, the jewelry bought back then no longer fits, and secondly, the styles are quite outdated. It's a complete reckoning for the IQ tax paid back then, and I won't make this mistake again in the future.

When we got married over a decade ago, I thought gold was old-fashioned and tacky. I bought mostly platinum, K-gold, and diamonds. Back then, these were much more expensive than gold, costing five or six hundred per gram, not to mention diamonds, which had outrageously high premiums. Now, they’re as cheap as cabbage prices. Several times, my wife wanted to exchange all of these for gold, but I thought it wasn’t worth it and stopped her. Later, I also bought some gold gradually, but I still fell into traps and paid the IQ tax—things like 3D hard gold and gold-inlaid jade, all scams. Taking advantage of this gold price surge, I decided to clear everything out completely.

Honestly, cashing out gold now is quite convenient. Just search for gold buyback services in your city that offer home pickup, preferably those with physical stores to avoid scams. Not long after placing an order, someone with professional tools will come to your door. They burn all the items to remove impurities, weigh them, and calculate the price. Once the calculation is done, the money is transferred instantly. I even specifically asked if there were any issues with the money, and they promised that if there were, I could report to the police. It’s all their own cash flow from doing business.

Bitcoin has also been conveniently shorted for a small profit these days, but it’s still far from my bottom-buy price. Once Bitcoin hits my bottom, I’ll hold patience for three years, and when I look back, I’ll buy back ten times the amount of gold I sold this time.