China’s economic woes: Gold shines, investor discontent grows…

Amidst widespread disillusionment with stocks, property, and various domestic assets, Chinese mom-and-pop investors are left poorer and angrier. Gold emerges as the only resilient asset amidst the financial turbulence. As investors lose faith in traditional avenues, gold gains favor as a safe haven.

However, discontent looms as stock investments falter and property values decline, leaving individuals financially strained.

Next China 🇨🇳: Gold Grab

… mom-and-pop investors feeling a little bit poorer — and angrier — after losing money and faith in stocks, property and nearly every conceivable domestic asset class.

But there is one that’s holding up: GOLDhttps://t.co/Pe7jF9OcSJ

— Peter Spina ⚒ GoldSeek | SilverSeek (@goldseek) February 9, 2024

https://www.bloomberg.com/news/newsletters/2024-02-09/china-investors-bet-on-gold-as-stocks-property-lose-appeal-in-weak-economy?embedded-checkout=true