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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: bull_dozer who wrote (203636)	1/7/2024 8:24:01 PM
From: TobagoJack	Respond to of 218645

bulldozer, thank you for that link. made my day. Zeihan, Peter, is indeed purrrrrfect. Even more so than Gartman, Dennis, and Gartman was extremely purrrrrfect.

To: bull_dozer who wrote (203636)

1/8/2024 6:08:36 PM

From: TobagoJack

Respond to of 218645

sloganeered 'it', and 'it' being gold

"Giffen goods are good,
until phase-change to Veblen goods,
then better than good,
so gold is good-good, and
silver be proto-good-good"

Giffen Good Definition: History With Examples

Giffen Good Definition: History With ExamplesGiffen goods are non-luxury items that generate higher demand when prices rise, creating an upward-sloping deman...

below story heart-warming ...

scmp.com

Gold blush: China kindergarten boy gives classmate US$15,500 worth of gold bars to ‘future wife’, shocks parents, amuses social media
Published: 9:00am, 3 Jan, 2024

A boy in China is trending on mainland social media after he “stole” gold bars from his home and gifted them to a classmate. Photo: SCMP composite/Shutterstock/Baidu

A little boy who gave gold bars worth US$15,000 to a girl in his nursery school class as an “engagement” gift, has amused mainland social media.

On December 22, in Guang’an, Sichuan province, southwestern China, the little girl was thrilled to receive the extraordinary gift – two 100-gram gold bars – and excitedly showed them to her shocked parents.

An online video captured the child holding an open red box, which contains the treasure, and when her mother asks what they are, she innocently responds: “I don’t know.”

The little girl holds the gold bars. When her parents asked her what they were, she said had no idea. Photo: Baidu

The deeply concerned parent tells her to return them to her classmate the next day and contact the boy’s family, who apologise.

“The boy’s parents said they had told their son that the gold bars were intended for his future wife, but they didn’t expect him to secretly take them out and give them to our daughter,” the girl’s mother said.

“The whole situation was both amusing and bewildering for them.”

She reminded other parents to be vigilant so that something like that does not happen with their children.

The story has caused much amusement and sharing of similar anecdotes on mainland social media.

A weekly curated round-up of social, political and economic stories from China and how they impact the world.

“This little boy really has guts, just casually giving away 200 grams of gold like that,” said one online observer.

“Is this like giving a 100,000 yuan (US$14,000) dowry?”Another asked.

“My mother-in-law just gave me a bracelet, and my son asked if he could give it to a classmate because he thought it looked nice. I suppose I should be ‘grateful’ he thought to ask me first,” one mother said.

“In the first year, my daughter’s classmate, a boy, gave her 200 yuan in cash. I promptly returned the money to the boy’s parents that same evening,” said another.

The girl’s shocked and embarrassed parents immediately told her to give the treasure back. Photo: Shutterstock

Innocent gestures by children who have taken items from home to give as presents to classmates often make headlines in China.

In May, a kindergarten boy from Shanghai gave a girl a Bulgari ring valued at 19,000 yuan (US$2,700) as a “wedding gift”.

When the recipient’s parents returned the ring, he touchingly offered her another handmade ring as a token of his affection.

Yating Yang
Yating is a Beijing-based culture reporter at the Post. Previously, she worked for CCTV-6, covering international film and culture. Her journalistic expertise includes pop culture, entertainment industry, gender equality, education, workplace discrimination, and social welfare.