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Tiongkok Gen Z jin chiam, need to buy gold beans to hedge against deflation
An honorable member of the Coffee Shop Has Just Posted the Following:
With China’s deflation at its worst in 15 years, a volatile stock market and bank interest rates too low for her liking, 18-year-old Tina Hong is placing her financial security in gold beans. Weighing as little as one gram, the beans — and other forms of gold jewelry — are increasingly viewed as the safest investment bet for young Chinese in an era of economic uncertainty. It’s part of a larger consumer trend for all things gold — from bullion to beans and bracelets — that has gripped... Read more Click here to view the whole thread at www.sammyboy.com. |
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