It just means that if you hold gold assets relatively, these assets are relatively hard currency at any time. Economic turmoil, large-scale depreciation, even the saying that "antiques flourish, gold is in troubled times" is gone.
The more chaotic the economic situation is, the more it can reflect the value of gold and ensure the safety of your assets. As an asset commodity, gold will naturally have price fluctuation areas, and the price is not static.
The so-called "prosperous antiques, gold in troubled times" has another meaning. In other words, gold in difficult times is more valuable. Even if the chaos intensifies and the price rises on a large scale, gold is not so good in the boom.
Investment status quo
First of all, gold investment is mainly divided into physical gold, gold T+D, paper gold, spot gold, international spot gold (commonly known as London gold), futures gold, gold advance payment and people's livelihood gold, which are eight popular forms of gold investment.
Physical gold, buying and selling gold in kind by buying and selling gold bars and ornaments. Physical gold: in the form of 1: 1, that is, no matter how much gold is purchased in any currency, it can preserve its value, and it can only buy up, but not down, with a large amount of investment and complicated procedures and expenses. It's hard to tell true from false.
Gold T+D: The leverage ratio is 1: 5. The transaction is divided into three time periods, two-way transaction, no price difference. The disadvantage is that the transaction is inactive and there is a premium. You can choose a bank. The advantage is that the bank provides it, but the disadvantage is that the bank fee is ridiculously high.