To the Repugnant Gold Speculator in AsiaPeter PhamJan 21, 2026∙ Paid5ShareBecause of capital controls, you can’t even deploy capital freely—so “investing” becomes permissioned behavior, not ownership.Your market is in gridlock. You wouldn’t want to hold equities long-term when the system itself doesn’t treat the stock market as a legitimate wealth engine.Real estate is propped up by central planning.Your currency is weakening…Continue reading this post for free, courtesy of Peter Pham.Claim my free postOr purchase a paid subscription.PreviousNext