I'm sharing gold analysis, looking at charts, talking about prices

We've been discussing for years why our elders accumulated gold...
"We must know something," we say...
The other day, I also sat down and researched how much gold there is in the world in total.
A really interesting picture emerged.
The total gold mined and known so far is approximately 244,000 tons. It sounds very large at first, but the real interesting part is this:
All the gold in the world can fit into a cube measuring only 23 meters by 23 meters.
That is, in total, only an area of 529 square meters...
About 1/13th of a football field.
Approximately 2 tennis courts...
Or an area where only 20-25 cars can park.
Actually, the world isn't as full of gold as we think.
Why does the value of something increase?
Most people just say demand... but that's incomplete.
If supply is limited and demand exists, the price rises.
That's why gold has been valuable for centuries.
Because it is scarce.
Maybe our elders didn't read charts on screens, but they knew very well the truth that "scarcity is valuable."
And in fact, the same logic applies to all markets today.
Most of the time, behind the price, there is a story of "scarcity."