- Young and old magicians are said to "rush" to buy gold. This is said to be a market accounting for 1/5 of global Volume . Even the genZ group broke out very noisy discussions about gold. Particularly in the first quarter of 2024, China's gold consumption reached 309 tons, an increase of 5.94% over the same period last year, jewelry consumption decreased by 3%, gold pieces increased by 26%. - Comments say that due to shelter needs, crypto is blocked, stocks are bad, real estate is frozen, the job market is gloomy, only the gold investment segment is profitable. - Another idea is that tensions between China and Taiwan are still being pushed up, geopolitical risks seem to only increase, not ease. This is also a reason why the demand for gold for shelter increases. => In China, in the eyes of young people, gold is definitely still a much better shelter than Bitcoin. => The USD is expensive but gold is increasing, clearly showing that the need for shelter occurs not only in one economy but across different economies. Gold is predicted by many experts to rise to $3.5k 😬 A world that loves shelter too much is in a period of economic weakness.