What's the last sentence on the golden twelve thousand?

The last sentence about "gold is two thousand" is that war is really expensive, and it is also a statement of wartime gold, which shows that gold has a high position in troubled times. "One shot is worth two thousand gold" is a widely circulated proverb.

"One shot, two thousand gold", the turbulent international environment makes gold attract much attention. There is also a folk saying that "gold comes out of troubled times." There is always a subtle relationship between war and gold. How does the war affect the price of gold?

People's understanding of war is that life is destroyed and fear is rejected. In addition, war is also the most "direct and effective" way for human beings to identify wealth and complete wealth redistribution. An important reason why the human world is different from the animal world is that human beings can restrain various behaviors through contracts, and contracts are everywhere.

In fact, the highest form of contract is credit currency, but the value of credit currency is not entirely because of "credit", but because it has an important feature called "compulsion". When the war comes, "coercion" becomes fragile, people's perception of wealth will change instantly, and any assets based on "credit" or "contract" will depreciate rapidly.

In wartime, the relatively safe wealth is gold, which can be quickly transferred during the war and can be used to buy food and transportation. Whether the currency can be used or not, gold can still circulate. The most important thing is that during the war, the national currency will be turbulent and the exchange rate will fluctuate greatly, especially in big countries. Compared with currency, gold is relatively stable.

War is not the only factor that affects the fluctuation of gold price. The big economic background and the cycle of the gold market itself are the reasons that affect the increase of gold, which need to be viewed from a macro perspective.

Gold is popular not only because of its important hedging function, but also because of its stability and diversity.