Recently, gold prices have fallen, and a popular online narrative has emerged, debunking an illusion—


The rise and fall of gold is not meant to make ordinary people rich.
It is difficult for ordinary people to truly preserve wealth by buying gold.
Its real function is to balance the books for a debt system.
Consider this logic:
I owe you 1 million, but I can't repay in cash.
However, if I have the power to set gold prices, I push the gold price to 1 million per gram, then repay you one gram of gold. On the books, we are even.
Once the debt is settled and credit is restored, I smash the gold price back down to 10 yuan per gram.
On the surface, there was no default throughout. The assets in your hands have shrunk significantly, while my debts have vanished.
So, don't mistake a price increase for your victory.
The real winner is never the one holding the assets, but the one who can price them.
GLDX2.13%
PAXG0.72%
XAU0.73%
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