Do you believe that for many people, trading cryptocurrencies is not as good as buying gold?
Do you believe that in the next two years, gold will break 1000?
Last August, when the cryptocurrency market was sluggish, I went to Shuibei to investigate the gold market. At that time, I felt that for us common people, there were only two ways to turn things around: one was the cryptocurrency market, and the other was gold. My logic was not just because of the chaos gold brings, but also considering the risk of significant currency depreciation. At the same time, gold also has no risks related to capital inflow and outflow.
The gold price at that time was over 540, and the lowest processing fee for an 8 yuan/gram gold bar was negotiated down to 5 yuan. There were various payment methods, and paying with cash or cryptocurrency was cheaper than transferring funds to get the goods.
I never expected that the announcement from Shuibei a couple of days ago would require mandatory invoicing, which means that common people will have to spend at least 5% more to buy gold, and there may also be a transaction value-added tax in 2026. This is a big positive for gold prices, but a significant negative for the fate of ordinary people! The gold price has skyrocketed by 30% in six months, today it stands at 704/gram.
Currently, domestic spot gold is also in short supply, with people queuing up to buy. This trend suggests that a further 40% increase to break 1000 should not be too difficult. The biggest risk with gold is the possibility of counterfeit products, so my sincere advice is to go to a larger counter in Shuibei to make your purchase!
If you do not genuinely love the cryptocurrency market, I suggest you buy gold as soon as possible and wait for the opportunity to get rich, to earn guaranteed returns.
If you are not willing to give up and want to reclaim everything that once belonged to you in the cryptocurrency market, I suggest you give me a follow!
