Let’s emphasize it again.

【Gold】 is essentially cash flow. It is equal to or greater than => all paper currency.

In terms of preservation of value, it is superior to the US dollar 💵.

In aspects where it is not as good as the dollar $, one is liquidity, and the other is compounded appreciation (for example, investing in stocks, real estate, bonds. However, this depends on your personal insight and financial luck).

1. In the short term, in an individual's lifetime, due to the limitations of time and individual opportunities, gold may not be the best asset substitute. (For instance, if Buffett was born in America and happened to be in the golden period of American economic, political, and social development, if he had invested in gold, he would not have achieved what he has today.)

In fact, the most recent consolidation range of 【Gold】 between 1980 and 2000 was maintained at around 300 dollars. It was only when China joined the WTO, and human productivity, production materials, and overall wealth significantly increased again, that gold again became a benchmark for overall human wealth and appreciated.

If, at that time (……ten thousand words omitted), a ticket for a ship or plane could be exchanged for ten stalks of garlic or ten thousand dollars 💵, would you be foolish to hold a bunch of stocks or ten courtyards in Beijing? Are you foolish, is your brain 🧠 filled with 💩?

2. However, in the long term, since the beginning of human civilization, gold has always been a symbol of human wealth. The Tomb of the Sea-Driven Marquis, the gold and silver mountains of the Tokugawa Shogunate, the Aztec Golden Lake, and the tomb of Tutankhamun, all burial items are 【Gold】.

This needs to be viewed dialectically, historically, and long-term 👀... In a nutshell, it comes down to one question: are you seeking short-term gains or long-term prosperity?