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Lang Xianping said that gold is not a good hedging product. what do you think?
I have read their articles as well as you. In my opinion, gold is the most valuable, safest and least risky, because it is recognized by people all over the world as a form of wealth at present and in the foreseeable future. Unless a gram of golden comet falls from the sky every day. Of course, if you want to have the greatest return on capital, you can't pin it on gold. But gold is the only hard currency in the world. Another thing to say is that the mainstream is not necessarily right. Isn't there a saying that truth is often in the hands of a few people?