About #GOLD, $XAUT and $PAXG:
"Eyes around the globe are locked on the surging price of GOLD!"
Funny how history echoes: In ancient Egypt, gold was already a payment tool, but its use was dominated by the ruling class and nobility—ordinary folks had little access.
In medieval Europe, gold circulated as coins and bars, yet control remained in the hands of merchants, nobles, and the church. Common people rarely got a piece of the action.
During the Tang and Song dynasties (618–1279) in China, gold served more as stored wealth and a means of exchange, but it was still “officially regulated.” Silver ruled daily private trade.
Fast forward: In 1933, the U.S. passed the Gold Reserve Act, banning private gold ownership (except small collectibles). It wasn’t until 1974 that Americans could freely buy and sell gold again.
In China, after 2002, the private gold market exploded. Today, anyone can easily buy gold through banks, exchanges, or local gold shops.
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Populism is on the rise. Whether it’s geopolitical instability shifting or risk appetite swinging in capital markets—one thing is clear: the current financial system is on the brink of collapse.
Embrace Bitcoin. Embrace GOLD (and Gold Tokens).
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