I don't invest in gold futures or paper gold. I don't use software to analyze the trend of gold, and I don't predict how much gold can fall. I just want to tell you that in the next 5- 10 years, gold will fall for a long time, and it is only time to fall below $900.

House prices in some parts of China have begun to fall, and the cities in Beishangguang are now in a slow rising stage. Personally, I think house prices have nothing to do with gold, but they have the most direct relationship with the monetary value of RMB. Once the RMB depreciates, even if the house price falls, ordinary bosses can't afford it. This kind of thing was a good example 10 years ago. Ordinary people's income is low and house prices are cheap. 200,000 yuan can buy a big house, but at that time, the RMB was in a state of depreciation. In short, people who want to buy a house will still have difficulties when house prices fall and the RMB depreciates.