can gold be a short-term investment ? - page 2.

OROBTC

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Quote from: wxa7115 on September 10, 2015, 04:08:25 PM

Quote from: OROBTC on September 08, 2015, 12:37:41 AM

Quote from: wxa7115 on September 08, 2015, 12:35:03 AM

Short term? Seems unlikely gold is used by the small investor mostly as a store of value, they want to hold their gold and are probably for the long term if not for their entire lifetimes.

Even better to do like the Old Rich in Europe do: hold gold forever, never sell. Hand it down through the generations.

"Intergenerational Wealth" (FOFOA's blog)

Gold, the best Store of Value since 4000 BC!

LOL, you beat me with that comment. On topic, in order to work, you’ll need to raise your children and grandchildren with the truth about the economic system and not only that, they’ll need to be successful.

I don’t know if you watch Pawn Stars but in that show abound examples of children and grandchildren that found out that their parents/grandparents had gold, and what do they do? Sell it as fast as they can.

Nice! Yes, we have been trying to raise ours to be dubious about lying .gov and .fed. And explain the long-term value of gold.

I am going to guess that "Pawn Stars" and similar shows are either highly scripted, or they pick & choose.......

There is no saying how many heirs keep quiet.

bajing

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no, gold is for long-term investment because price gold is slowest move

Habeler876

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The thing about gold is that you can't be wrong when investing in it, it's just a matter of how much time you have or plan to keep your investments in it.
When you are talking about short term investments, gold is definitely not the answer, from the exact reason op described - it takes a lot of time for the price to move.
Better go for bitcoin instead, the chances of turning a profit in one year time is way greater, and the profit has the potential of 2-5x the investment probably.

wxa7115

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Quote from: OROBTC on September 08, 2015, 12:37:41 AM

Quote from: wxa7115 on September 08, 2015, 12:35:03 AM

Short term? Seems unlikely gold is used by the small investor mostly as a store of value, they want to hold their gold and are probably for the long term if not for their entire lifetimes.

Even better to do like the Old Rich in Europe do: hold gold forever, never sell. Hand it down through the generations.

"Intergenerational Wealth" (FOFOA's blog)

Gold, the best Store of Value since 4000 BC!

LOL, you beat me with that comment. On topic, in order to work, you’ll need to raise your children and grandchildren with the truth about the economic system and not only that, they’ll need to be successful.

I don’t know if you watch Pawn Stars but in that show abound examples of children and grandchildren that found out that their parents/grandparents had gold, and what do they do? Sell it as fast as they can.

futurebit640

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In terms of absolute returns gold is not very attractive in short term compared to real estate and shares market investments. For short term investments however gold is a very strong bet compared to shares that are highly volatile. The idea for gold investment will be to use it at times when the markets are falling and when the inflation is very high.

OROBTC

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Quote from: wxa7115 on September 08, 2015, 12:35:03 AM

Short term? Seems unlikely gold is used by the small investor mostly as a store of value, they want to hold their gold and are probably for the long term if not for their entire lifetimes.

Even better to do like the Old Rich in Europe do: hold gold forever, never sell. Hand it down through the generations.

"Intergenerational Wealth" (FOFOA's blog)

Gold, the best Store of Value since 4000 BC!

wxa7115

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Bitcoin is GOD

Short term? Seems unlikely gold is used by the small investor mostly as a store of value, they want to hold their gold and are probably for the long term if not for their entire lifetimes.

HeroCat

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For large banks, yes - gold can be short - time investment. They put a large amount of cash in gold buying and then sale it after let say 6 hours. For private person - you do not have so large investment possibilities like the large banks. Grin

Insertion

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Gold has definitely lost some of its attraction for investors due to market volatility but gold goes up over time for sure. Commodities like gold should make up a small section of your overall portfolio so I wouldn't put more than 10% of my own savings into gold. If you look at the history of gold over the long run it has always gave good returns compared to other long term investments.

markj113

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Gold has outperformed stocks for the last 40 years so well worth having some stashed away -

bitcoinmasterlord

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Nobody knows which direction gold is heading next in short term. Buying gold is like placing a bet on red or black at the roulette table for short term purposes and your chance of winning will very less however if you go for long term perspective then surely you will make good stable returns from the gold. I would say gold is long term investment and no for short term investments

avatar_kiyoshi

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Quote from: asad777 on September 06, 2015, 12:45:03 PM

just wondering if it can be short-term investment
i was thinking about it and said no
gold price changes in years not days
what do you think about this ?

No, gold is the best for long-term investment.
like @Lethn said, gold can safe yourself when in crisis. it's like Bitcoin, but the different is the price is volatile than gold. Bitcoin can be short-term investment and for earn more profit it can be long-term investment.

Gyfts

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I do not see gold being a short term investment. The only way I see it's value increasing hugely over a short period of time to make it "short term" is some sort of economic meltdown. While it's been "predicted" for ages now, I don't see it happening in the foreseeable future.

Lethn

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Quote from: oblivi on September 06, 2015, 10:21:50 PM

Quote from: Lethn on September 06, 2015, 09:34:18 PM

Precious metals are definitely long term you should also use them as an inflation hedge to protect yourself in a crisis, if paper money ends you'll want to have a stash of silver to trade with.

Well, if paper money ends that would basically mean tons of purchasing power flowing into Bitcoin and metals, so anyone holding a decent amount would automatically be rich, you would be able to choose what to use to trade with at that point.

That's my plan ^_^

dothebeats

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Gold is definitely a long-term investment, the charts already point it out. Shorting it wouldn't be a great idea since its price only moves in a span of weeks or months. Also, gold could be a great storage of value if that's what you're looking for aside from keeping it as a long-term investment.

oblivi

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Quote from: Lethn on September 06, 2015, 09:34:18 PM

Precious metals are definitely long term you should also use them as an inflation hedge to protect yourself in a crisis, if paper money ends you'll want to have a stash of silver to trade with.

Well, if paper money ends that would basically mean tons of purchasing power flowing into Bitcoin and metals, so anyone holding a decent amount would automatically be rich, you would be able to choose what to use to trade with at that point.

Lethn

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Precious metals are definitely long term you should also use them as an inflation hedge to protect yourself in a crisis, if paper money ends you'll want to have a stash of silver to trade with.

MinerHQ

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Quote from: NorrisK on September 06, 2015, 03:33:39 PM

Quote from: odolvlobo on September 06, 2015, 01:54:52 PM

Quote from: asad777 on September 06, 2015, 12:45:03 PM

just wondering if it can be short-term investment
i was thinking about it and said no
gold price changes in years not days
what do you think about this ?

Do you have insights into the short-term fluctuations in the price of gold? If not, then short-term would be more gambling than investing. Of course, the same could be said for long term.

The problem is that short term swings are too small to make a decent profit.. Unless you hold a substaintial amount of gold, but that may not be realistic.

Yes it is correct gold moves quite slowly so if one want to make a decent profit then he has to trade gold in bigger quantity. So what I think is gold is good for long term investments.

Mickeyb

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Quote from: asad777 on September 06, 2015, 12:45:03 PM

just wondering if it can be short-term investment
i was thinking about it and said no
gold price changes in years not days
what do you think about this ?

It just depends. A real short term investment where you expect to yield a return in a short period of time, no I don't think that gold can fulfill this. On the other side if you need to get the money out of the country it can serve you well, but I don't consider that as an investment.

Gold moves slowly and in much longer spans, that's why the gold is perfect for investing in longer periods of time, not in short since you just won't have much of the price movement.

OROBTC

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Quote from: asad777 on September 06, 2015, 12:45:03 PM

just wondering if it can be short-term investment
i was thinking about it and said no
gold price changes in years not days
what do you think about this ?

asad777, I think bryant.coleman gets it just right: it depends on your circumstances. If you live anywhere dangerous, yes, OK, gold is great for a short-term investment. Portable, liquid and easy to hide.

But, gold's real value is that it has been the best Store of Value for over 5000 years...

For me, diversification is the key. Gold has relatively low correlation with other investments. You (and everyone) should consider gold if you have children... "Intergenerational Wealth" (FOFOA).

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