Gold extended its historic rally this week, crossing the US$4,000/oz threshold for the first time, driven by robust investment flows in both Western and Asian markets. In China, gold’s momentum intensified, with the Shanghai Benchmark Gold Price (SHAUPM) rising 12% last month and marking its strongest year-to-date performance on record.

“If you catch 100 red fire ants as well as 100 large black ants, and put them in a jar, at first, nothing will happen. However, if you violently shake the jar and dump them back on the ground the ants will fight until they eventually kill each other. The thing is, the red ants think the black ants are the enemy and vice versa, when in reality, the real enemy is the person who shook the jar.