I don't know the gold market at all, so I am fairly disappointed of what I hear (that the price is highly manipulated and, more important, such discovery won't really matter).
Diversifying to silver makes indeed sense.
Since I am too small for this and since "hoarding gold" needs a place to store it (and no, I don't like the banks, do you?), I still vote for Bitcoin (and some alts!). My paper wallet is harder to hind and steal than some hold would be.
Also my hearth tells me that not very far from now, minerals will be easier to find & mine (not necessarily on this planet) or even recycle. The price will have to go down at some point...
Diversifying to silver makes indeed sense.
Protip: Gold is the biggest enemy of USD. If you wanna hedge your FIAT investments, hoard gold.
Since I am too small for this and since "hoarding gold" needs a place to store it (and no, I don't like the banks, do you?), I still vote for Bitcoin (and some alts!). My paper wallet is harder to hind and steal than some hold would be.
Also my hearth tells me that not very far from now, minerals will be easier to find & mine (not necessarily on this planet) or even recycle. The price will have to go down at some point...
i am right with you on that. although gold has a good price and it is stable for the most part but storing it is a risk and a pain in the ass. i have some at home but it is a nightmare if you are paranoid too
but it is good for diversifying anyways.
if bitcoin had a more stable price and it was a couple of years in the future, all my life savings would have been in bitcoin because there is no way anybody can steal my bitcoin apart from what i keep in the hot wallet which is not much.
and as for this news goes, gold holders usually don't go in bitcoin, they play around in the similar markets like other precious metals.
