"Buy gold in troubled times and keep antiques in prosperous times" means buying a lot of gold in troubled times and actively collecting antiques in prosperous times. This is actually a shrewd way for the ancients to manage money, and it is also very applicable now.

Buying gold in troubled times means that in troubled times, the value of gold is the highest, and gold is hard currency, which can keep the price stable, but antiques and the like will depreciate badly in troubled times, and no one wants to buy it yet.

Gold is not only a precious metal, but also a currency, which can be directly used to buy or exchange goods. In troubled times, even if the value of copper, silver or other currencies will fall, the value of gold will remain basically the same.

Shengshi antique

Antiques themselves do not have economic value, but are hoarded in the prosperous times because of their collectible value. If analyzed purely from a fundamental point of view, antiques have no investment value. However, it turns out that Shengshi antiques are the best investment products.

As the only precious metal linked to legal tender since ancient times, gold is a relatively stable investment product in prosperous times and troubled times, but the premium attribute of gold in troubled times is higher. Holding high-priced stocks is a bit like antiques. If it is a prosperous time, there is nothing wrong with hoarding high-priced stocks, but it is definitely wrong to go all in.

Extended data:

Before the Qing Dynasty, people called precious antiquities "bones". The so-called "bone" means to preserve the essence of the past. Later, it gradually became antiques and antiques. In fact, the meanings of "antique", "antique" and "antique" are the same, but people have different names because of the changes of the times.

From the comparison between cultural relics and antiques or antiques, cultural relics cover a longer time than antiques or antiques, because cultural relics can be ancient, modern or contemporary, and as long as they are excellent cultural products, they can be included in the category of cultural relics. Antiques and antiques are not. Modern and contemporary things cannot be called antiques and antiques. Because many cultural relics have high artistic appreciation value, collectors call them art collections.

An ancient work of art is a cultural relic for the cultural relics department because it has cultural protection value; It is an antique for investors because it has added value; For collectors, it is an antique art because it has artistic appreciation value. In order to protect cultural relics, the state encourages cultural relics that are not national treasures to be "treasured by the people" and allows people to circulate according to law, which paves the way for the development of folk collections and the rise of the antique art market.