Gold – Only in the long term can you see the real story

Don’t look day by day, look over many years
In the past, gold was only around 30–40 million per tael
Then it increased to 50–60 million
Then it stagnated for many years, no one cared, no one talked about it
When the majority got bored, that’s usually when large capital flows in
From 2020 onwards:
Gold surpassed 70 million
Then reached 100 million
And currently hovers around 160–170 million per tael
The notable points:
Central banks continuously buy gold
Money is being printed more and more
Global debt is rising sharply
Gold isn’t naturally increasing
It reflects that money is losing value
Market psychology:
70 million seems expensive
100 million is called a bubble
Over 150 million, it’s unbelievable
Now, is 200 million per tael still far away?
The truth is, gold isn’t getting more expensive
It’s the purchasing power of money that’s weakening
Each cycle is the same:
Early understanding people stay calm and hold
Latercomers are easily swept away by emotions
History doesn’t reward haste
It rewards patience
#XAU #PAXG