Fidelity International Zhou Wenqun: Gold and Bitcoin represent the old and new monetary system respectively.

On June 26, Zhou Wenqun, head of equity investment and fund manager of Fidelity International China, said in an interview that from my personal point of view, I would invest less in this kind of price-driven target because of the price trend. Judging is difficult. Indeed, in the state of global monetary easing, there are certain reasons to buy gold. In the medium and long term, I think that in the anti-globalization situation, everyone may have certain concerns about the US dollar currency system. Recently, not only gold, but the price of bitcoin has reached new highs. This reflects the market's concerns about the existing monetary system from all levels, while gold and bitcoin represent the old and new monetary system.