This post about gold reminds me of the old generation, always trying to catch up a little money to buy gold. There are still a lot of women investing(...) in gold jewelry, hoping that it will retain /increase its value. There is a whole mentality about gold which is hard to wash away out of the old generation.
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I think Indians are the biggest holders of gold for jewellery or something like that, can't remember where I heard it. I can understand the appeal of being able to hold something and touch it if you're from the old guard but the new age kids value digitisation, and thats's not going to change. This is probably the biggest generational shift in while and that's why it feels so different, we're used to passing things on like someone would pass wealth on to a family member, but this time its not being passed on its being rebuilt
Yes they are. In here we have gypsies, who are hoarding gold like hot cake lol. The lack of financial education is what makes people cling to their old ways. Gold gold gold....