Why is it said that gold does not fall into the hands of the poor? What is gold?

Gold is no stranger to us. Gold has been of high value and easy to carry since ancient times. It is precisely because of this that gold jewelry has always been favored by people. Gold not only maintains its value, but can also ward off evil spirits and has certain effects and effects on our fortune. Why is it said that gold does not fall into poor hands?

What is gold

Gold is the elemental form of the chemical element gold (Au). It is a soft, golden, corrosion-resistant precious metal. Gold is one of the rarest, most precious and highly valued metals.

Internationally, gold is generally measured in ounces. In ancient China, "liang" was used as the unit of gold, which is a very important metal. It is not only a special currency used for reserves and investments, but also an important material in the jewelry industry, electronics industry, modern communications, aerospace and aviation industries and other sectors.

The saying that gold does not fall into the hands of the poor

In fact, the reason why the rich are rich is, on the one hand, because they have money, and on the other hand, because they have abundant resources. Among various assets such as real estate and investments, gold can only be regarded as one of their many wealth. It is easy to understand from this perspective. Compared with the poor, the rich have many resources, and even losing one or two items will not have much impact.

But the poor are different. If the poor hoard some gold, once the gold becomes "worthless", the wealth of the poor will also be greatly affected. Judging from the wealth composition of the rich, the proportion occupied by gold is still very low. Of course, many oil tycoons in Saudi Arabia like to decorate their homes with gold, but there are very few such examples.

In addition, gold has the function of hedging and preserving value. Due to the small amount of mining and its use in industry, and the private consumption demand, the increase in the financial market is relatively limited. Compared with the "money printing machines" of various countries, the growth rate of gold is relatively slow, and of course the fluctuations are very limited. This is also an important reason why countries around the world like to reserve gold as currency and credit.

But the reason why rich people can become rich is that in addition to luck, strength is also a very important aspect. The rich know how to diversify their investments, such as real estate, deposits, stocks, funds, gold, etc. mentioned above. This wealth allows the rich to earn enough income without having to worry about making money.

However, gold can only be regarded as a "decoration", and the demand is not too large compared with financial products such as stocks. In this regard, we ordinary people should also learn from the wealthy people's thinking on making money, and don't stick to the previous thinking. Otherwise, not only will it be difficult for your assets to increase in value, but it will also keep you standing still. If you are good at observing, you will find that when you first enter society, everyone has a similar starting point.

In addition, if a poor person suddenly owns a large amount of gold or a fortune, it is likely to be lost quickly. From this perspective, it makes sense to explain that gold does not fall into the hands of the poor. Can Tiger people wear gold?

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