Gold is the "ultimate parking lot" for safe-haven funds

I recently bought spot gold, with current gains of about +18%. The main idea is that global risk aversion continues to rise, and capital needs a definitive landing point.

This wave of gold breaking through $4,950/ounce, in my view, is not just short-term emotional impulsiveness, but a phased realization of long-term logic. Repeated geopolitical frictions, high fiscal deficits in major economies, and continuous dilution of monetary credit create a backdrop where gold is no longer just a "hedging tool," but is redefined as a "core asset."

My strategy for choosing gold is not complicated: I don’t bet on short-term tops and bottoms, but follow the trend and deploy in batches. Every pullback, I focus not on how much the price has fallen, but whether the macro logic has changed. As long as real interest rates remain low and safe-haven demand has not significantly cooled, gold has the foundation to continue attracting incremental funds.

In this round of market, gold’s greatest advantage is its "extremely high consensus." From central banks to institutions to individual investors, everyone’s positioning on gold is highly consistent, and this consensus often indicates that the trend will not end easily. Short-term volatility is inevitable, but in an era where uncertainty has become the norm, the certainty of gold has become the most scarce source of premium.#黄金白银再创新高