Beware of the Gold Explosion | Zeng Zhihua
This article discusses the "shoe-shiner theory," pointing out that when discussions about the stock market or real estate market reach a level of widespread public awareness, the market is about to peak, and investors should take profits in a timely manner. The author reviews the real estate bubbles of 1996 and 2015, as well as the dramatic rise and fall of Tencent's stock in 2021, warning that the current market enthusiasm for gold may signal the onset of risks