Is Gold considered as investment or insurance?

[Behappyalways]

'24.10.30【豐富│東南西北龍鳳配】Pt.1「黃金定律」改變，就是對美元的詛咒？
https://m.youtube.com/watch?v=VztC89yKrFs&t=1517s


The relationship between Gold prices and real yields broke after the freezing of Russia's Central Bank Assets. Maybe a coincidence, maybe not..
https://x.com/patrick_saner/status/1851560985137496484

[Behappyalways]

How Much Gold Exists For Every Person On Earth?
https://www.zerohedge.com/precious-metal...rson-earth

[Behappyalways]

If one is bullish on gold like I do, one might consider investing in gold miners(overseas listed... Vested) or consider local listed pawnshops ( Vested).If gold price rises fast, then these industry related companies will see rising gross profit margin and hence much higher growth in profits compared to gold prices. Hence much higher share price.

Well Chip listed in Malaysia seems to have a lot of room for expansion. Not directly vested though

For jewellers, they might be impacted by lower demand due to higher gold price but on the other hand the value of their inventories (gold jewellery) goes up in value...

All these will be dependent on how gold prices perform. For me, the geopolitical situation is very much different after the start of Ukraine/Russia...and reinforced with Trump in power... Hence Central Banks around the world is accumulating Gold.