The cultural and sentimental value of gold means steady demand. The pandemic makes online auctions a convenient and safe alternative to buying gold."
I was in the Emirates Lounge in Dubai. During a layover from Prague I had collected an edition of Fortune magazine before I sat down on an armchair. I looked down as throngs of travellers walked between airline gates. As I flipped through Fortune magazine, I stopped at an article by Warren Buffet. The legendary investor penned a piece on gold in his 2011 letter to the shareholders of Berkshire Hathaway Inc (NYSE:BRKB).
In that now famous letter Buffett said, ‘Gold, however, has two significant shortcomings, being neither of much use nor procreative. True, gold has some industrial and decorative utility, but the demand for these purposes is both limited and incapable of soaking up new production. Meanwhile, if you own one ounce of gold for an eternity, you will still own one ounce at its end.’
Hardly a ringing endorsement of the precious metal.
These COVID-19 measures changed how we live, and how we eat in public. "
In 2018, Identity Strategist foreshadowed a coming pandemic and stressed the need for preparedness ahead of a crisis. I never thought that 2020 would be the year. Has the world underestimated the coronavirus?
...Canada, New Zealand, the United Kingdom and the United States expressed concern at Beijing’s imposition of the new National Security Law, which is eroding the Hong Kong people’s fundamental rights and liberties."
There’s a peculiar dystopian drama about a future Hong Kong. Produced in 2015 and titled Ten Years, the series of five shorts envisioned a city where in 2025, Hong Kong residents and activists face crackdowns under iron-fisted rule. In the Extras storyline based in 2020, government officials concoct an assassination plot to foment public support for legislation of the National Security Law.
In real life, in 2020 an emboldened Carrie Lam implemented the National Security Law that was roundly condemned by governments worldwide. Those countries were concerned that the Chinese Communist Party (CCP) was curtailing certain liberties promised to Hong Kong in 1997.
Travel advice from around the world (including Canada, the UK and the USA) notes that Hong Kong’s National Security Law introduces offences on secession, subversion, terrorist activities and collusion with a foreign country with a maximum penalty of life imprisonment. The advice notes that these laws are vague and could apply to activities outside Hong Kong and could result in being detained and moved to mainland China.
Naturally such advice was met with swift rebuke from the CCP.