--- title: "Renmin University professor: Gold is the \"usurped king,\" the \"escape door\" of the new world" type: "News" locale: "en" url: "https://longbridge.com/en/news/225460671.md" description: "Recently at the Tsinghua University China and World Economy Forum, Zhai Dongsheng, the director of the Regional and Country Studies Institute at Renmin University of China, stated that gold is the \"usurped king.\" Once the dollar credit system bubble bursts, gold will be the \"escape door\" of the new world. Now, digital currencies are also beginning to play a similar role" datetime: "2025-01-19T11:45:48.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/225460671.md) - [en](https://longbridge.com/en/news/225460671.md) - [zh-HK](https://longbridge.com/zh-HK/news/225460671.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/225460671.md) | [繁體中文](https://longbridge.com/zh-HK/news/225460671.md) # Renmin University professor: Gold is the "usurped king," the "escape door" of the new world Recently, at the Tsinghua University China and World Economy Forum, Zhai Dongsheng, the director of the Regional and Country Studies Institute of Renmin University of China, stated that gold is the "usurped king." Once the dollar credit system bubble bursts, gold will be the "escape door" of the new world. Now, digital currencies are also beginning to play a similar role. ### Related Stocks - [SPDR® Gold Shares (GLD.US)](https://longbridge.com/en/quote/GLD.US.md) - [SNW (600628.CN)](https://longbridge.com/en/quote/600628.CN.md) ## Related News & Research - [Gold Hunter shifts from quiet buildup to fully funded drilling push at Newfoundland gold district](https://longbridge.com/en/news/281261616.md) - [Allied Gold Reports Record Q4 Production, Advances Growth Strategy and Completes Key Step Toward Transaction with Zijin Gold | AAUC Stock News](https://longbridge.com/en/news/281247205.md) - [Newmont Corporation $NEM Shares Sold by ORG Partners LLC](https://longbridge.com/en/news/281005131.md) - [Daura Gold Uplists to OTCQB to Expand Access to U.S. Investors](https://longbridge.com/en/news/280806293.md) - [Newmont Corporation CHESS (NEM): New Buy Recommendation for This Basic Materials Giant](https://longbridge.com/en/news/281262486.md)