Hereโs how old these companies are:
๐จ๐ณ TikTok: 6 years
๐บ๐ธ Instagram: 12 years
๐บ๐ธ Airbnb: 14 years
๐บ๐ธ Twitter: 17 years
๐บ๐ธ Facebook: 19 years
๐บ๐ธ Tesla: 19 years
๐บ๐ธ Google: 24 years
๐บ๐ธ Netflix: 25 years
๐บ๐ธ Amazon: 29 years
๐บ๐ธ Apple: 47 years
๐บ๐ธ Microsoft: 48 years
๐ฏ๐ต Sony: 77 years
๐ฎ๐ณ Tata Motors: 77 years
๐ฐ๐ท Samsung: 85 years
๐บ๐ธ Boeing: 106 years
๐ฉ๐ช BMW: 107 years
๐บ๐ธ IBM: 111 years
๐ฎ๐น Fiat: 124 years
๐ซ๐ท Renault: 124 years
๐บ๐ธ Coca-Cola: 130 years
๐ฏ๐ต Nintendo: 134 years
๐ฏ๐ต Toshiba: 147
๐ซ๐ฎ Nokia: 158 years
China's gold imports in 2022 hit the highest level since 2018
China is the world's top gold producer and still imports large amounts.
The People's Bank of China has reported 3 straight months of gold buying.
BRICS is now working on a new reserve currency
Connecting dots?
So far in 2022 the price of #gold has risen about 1/2%. Not much, but considering how much many stocks are down it's done an excellent job of being a reliable store of value. #Bitcoin on the other hand has fallen 18%, far more than most stocks. How is Bitcoin anything like gold?