Land, tractor, ammunition, rifles, fuel, food, seeds, water supply = much more traditional values than gold.
In Auckland casino, Chinese galore toss $100 notes on the table and litter the roulette tables with gold-coloured chips. Gambling isn't a monopoly of Chinese, but there are a lot of them.
Speculation, gambling, mass hysteria - China has its share. Gold is perfect as an instrument of gambling, hoarding, feeling safe.
In Hong Kong, one cannot buy land, a tractor, gun, fuel, etc ... so gold has more appeal.
Mqurice |
