Many people haven't figured it out:

The rise in gold prices is not essentially to make you rich,
but to solve debt problems.

Suppose I owe you 1 million,
and now I can't pay in cash, what should I do?

No problem,
I have the pricing power of gold.

I drive the price of gold up to 100,000 per gram.
At this point, the gold in your hands
also has a book value of 1 million.

Okay, now it's simple:
I give you 1 gram of gold,
and we settle everything.

The debt is resolved,
the system is stabilized.

Once I handle my debt problem,
credit is restored,
liquidity returns,
and I drive the gold price back down to 10 yuan per gram.

At this time, the gold in your hands,
has a book value of only 10 yuan.

And I?
I use 10 yuan,
to buy back that 1 gram of gold from you.

What is the result?
My debt: gone
My gold: back
Your assets: undergo a "legal shrinkage"

Throughout the process,
there's no default,
no robbery,
and it even looks very fair.

The only problem is:
You think the gold price increase is saving you,
but in fact, it's clearing you out.

The real winner,
has never been the "asset holder",
but
the one who holds the pricing power.

If you don't understand this,
every time you see an asset skyrocket,
it might just be the prelude to the next harvest.