Golden Rabbit's Gold Investment Diary, January 31st 📓 ~ Day 17 [Foreword 👇] After using Qimen Dunjia divination to predict gold prices on January 1st, the rabbit purchased gold on January 4th, accumulating an investment of 200,000 RMB in ICBC + NW in CCB paper gold + N grams of physical gold from banks (paper gold for investment profits, physical gold for asset protection and wealth transfer). ⏰Market Update: Gold | _2024111120230_ | Current price: $4894/ounce; The price hit a low of $4,695.23 in the early morning, a drop of 16% from the previous high of $5,594.77. Silver is currently priced at $84.63 per ounce. The price hit a low of $77.727 in the early morning, a drop of 36.3% from the previous high of $121.64. ICBC Paper Gold (RMB) 1103 yuan/gram Summary: The precious metals market has seen a significant correction in the past two days. Last year, A-shares were heavily speculated on before National Day, with everyone saying that the national team had entered the market and that A-shares would stand tall. I believed it. On the first day after the National Day holiday, I bought the ChiNext 50 ETF at a high price, and immediately after buying it, I was down more than 20%. However, I believe what my teacher said: don't cut your losses indiscriminately. After holding the position for a year, my ChiNext 50 ETF has a floating profit of 37%. I only check occasionally. If the price drops significantly, I don't check; if it rises, I do check. This time, gold gave me a similar feeling. Is the geopolitical conflict just a hoax? Are the paper money issuances in many countries also fake? Have central banks started selling gold? All the information I saw was available, which is why I bought it. Since they exist, I have no need to sell them. The biggest lesson I learned from the crypto is not to care about price fluctuations. I've experienced even more terrifying market conditions in the crypto. People who have never dealt with finance will be terrified; this weekend will be tough. However, I will no longer add to my position casually. If the price drops by 5% from $4,800 per ounce, I will buy again with my own savings, without touching my family's savings. Making money and having a sufficient cash flow gave me a sense of security and confidence. I'm not even 35 years old yet. Taking advantage of this opportunity, I started investing in gold. By the time I'm an old lady, I'll be very wealthy. Only by being trapped can one conduct in-depth research. The key point is my mindset; from the very beginning, I was prepared for both profit and loss. If we lose money, all our hard work over the past two years will have been for nothing. If we make a profit, our family will feel more secure. My next step is to work hard to earn money and maintain cash flow. Part of that will be used to continue saving, part will be used for regular gold investments, and part will be used for enjoying life. I had a dream at 5 o'clock that my family was destitute and the front door was gone. My husband was calmly practicing standing meditation. Community service workers came to deliver our subsistence allowance. I asked the community worker if we were eligible for a subsidy since we didn't have a toilet. The staff said yes, it's all in your husband's account, a toilet subsidy of 200 yuan, 2000 yuan a month. When I woke up, I had a feeling that the market might have fallen again. When I checked my phone, I saw that silver had fallen by more than 30% in a single day, but the price of silver in Shanghai was still $122 per ounce. The price of physical silver and paper silver are inconsistent, and it has been short again on paper. After having the dream, I felt calmer and more composed. I realized that I shouldn't invest impulsively; I've learned my lesson again. Actually, there was another instruction in the dream, which I understand, but I won't go into details here. In summary: Hold onto your physical gold holdings, work hard to make money, invest in gold regularly, and remember, gold rabbits are essential – how can you live without gold? Friendly reminder🔔: This article is merely a personal gold investment diary and does not contain any investment advice.

GM ！