Yifan Hu

Yifan Hu Articles

Speculators in Wall Street learned a new term recently, the “Chinese Dama” (中国大妈), which refers to middle-aged female shoppers who can move markets. After the gold price fell significantly—by more than $200/ounce in April—the Damas moved...
The first use of gold as money occurred around 700 B.C., when Lydian merchants (western Turkey) produced the first coins