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> If war comes, gold will be essentially worthless. Don't you think the Chinese (for example) has done its game-theory analysis and there is wisdom behind thei
by wslh 3y ago
> If war comes, gold will be essentially worthless.
Don't you think the Chinese (for example) has done its game-theory analysis and there is wisdom behind their massive purchases? Or, following your hypothesis that China does not think they will enter into a war soon.
Another hint is that gold is essential for the electronics industry [1] and you can take some advantage there and/or move the market.
[1] https://www.gold.org/goldhub/research/gold-demand-trends/gold-demand-trends-full-year-2022/technology https://www.gold.org/goldhub/research/gold-demand-trends/gol...