Topic: Commodities Gold/ Silver (Read 708 times)

Gold is not just used as an accessory anymore like back in the day. Gold now proved to be an excellent conductor and is used widely in electronics. It is especially true in the vaping industry where firing pins in atomizers are gold plated. Other than that, gold is a tried and tested backing of currencies and more are mined everyday.

Gold and Silver already known for centuries. For Old People, Gold and Silver is good investment and they keep their saving in precious metal. Precious metal more resistant than inflation and i am believe bitcoin will be favorite investment beside gold and silver in the future

If you have the money to invest in both of those markets then it is a good idea to do it, gold and silver have been valuable for a very long time and their value is recognized all over the world, so you cannot go wrong by investing in gold and silver, just remember that it is not likely that you are going to get the same amount of profits that you can get in the market of cryptocurrencies and that the amount of time you need to hold them to get profits is longer as well.

But by using an ETF you are defeating the only strong point that you could make of it against Bitcoin: that it is a physical thing that you can own... some people need that peace of mind, for the thing to be tangible. However it's very clear that the fact that Bitcoin is intangible is a strong positive against gold, but goldbugs have a hard time understanding this fact, specially old people, there's no way to convince them otherwise.

The only one point I could make about gold is that it's more stable against Bitcoin, but this also has another side to it: The fact that it's more stable, means that it's harder for it to go up, whereas with Bitcoin since it's still tiny, the second big money comes in we are going to $250,000+

So all things considered, I wouldn't bother with gold, track record doesn't look good, and future wise it's not at all attractive compared to Bitcoin.

I would say gold, but there is a "little problem" with gold. It is very hard to store it and keep it secure. Unless you are building a bunker ,your only option will be Gold ETFs, I could say that those things work and can bring you profit, but the situation with them is very similar to what is happening on crypto market now - too many project, and only a few have future.

Yes, I believe that gold and silver are also alternative commodities that can also be traded. Their prices are also more stable than crypto currencies. I think gold and crypto have the same properties but have differences that are not too far away

Of course even in some Middle Eastern countries, gold is a main commodity and even the recommended currency to used because the price is stable and avoids from inflation, if you want to keep the value of your money, keep it in gold, but if you dare to take risks, then you can trying to invest in crypto

Yes, gold and silver are alternative commodities that have physical forms. The advantage of investing in gold is that it can be used as jewellery such as necklaces, rings, bracelets etc. Investing in precious metals is as important as investing in crypto.

Gold has its long term 'investors' like central banks and thats the frame of reference to watch.   They are net buyers for over 10 years Ive been told which is significant as they rarely sell.   Gold gives no yield so to me its not investment, its just commodity like very expensive collection of steel cans people could collect and recycle for money  its just the rich end of that scale
A central bank can utilise gold as counter weight to debt they issue, it adds to their credit profile.  People cant so easily do that but I think its a kind of hedge to risk elsewhere and overall in the world that occurs from recessions spreading between economies, devaluation of currency especially I think.   In that way its very reliable, I consider it a form of pension saving because it really might take most of your life for it to appreciate or reach the correct value.  

 Right now gold is considered unused or a relic compared to modern economic innovations such as QE but central banks are playing with fire and its likely gold will revert to its status at the base of all value and assets priced above it

The gold price always rising I get what you are saying but its not really the case on the surface anyway.   Since 2011 Gold has been very unpopular I think and to me the price has been ok on a decade long perspective but from a traders view its been pretty bad

Gold and Silver are both alternative assets and will be forever. I can't see a scenario where gold and silver will lose value, even if cryptocurrencies take over as the new norm over fiat currency. I would put money into Gold purely for the fact that it is a good hedge against the stock market.

Within a portfolio, I would likely diversify between precious metals and cryptocurrencies along with commodities and/or forex investments. For the average investor with a 401k or IRA, I think performing a Gold IRA rollover is a good option to get into gold as a commodity.   

Gold and silver is very cheap now and i am actually thinking of investing in one or both of them, it is just a huge discount.
Commodities could be next big thing besides crypto  ( which currently also is not promising) in time when stocks are going down."

Yeah, gold and silver has always been a major store of value over the years and most especially gold, so one way or the other, like you said, there is always a great demand, but in all essence, even as much as I know that we cannot compare them to the new space when it comes to bitcoin, I would always prefer to at least pick gold, silver and bitcoin when it comes to storage of value in the long term.

The fact always remains that the trend is usually our friends and in a way, we cannot depict what the future holds, so we just have to take calculated risks most of the time.

Neither are of the slightest interest to me. I don't care how 'safe' they are or their 'intrinsic value'. Gold's all time high was in 38 years ago when you take inflation into account, and you should as that's the alleged point. It's still over 50% down on then. I'll be dead before it gets back there, if ever.

My brain isn't wired to handle such glacial shit even if it's supposed to be good for me. If it works for others then great.

There are signs that its price is totally controlled. I only hope crypto doesn't wind up the same. Me hopes aren't too high. 

If an investor considers to invest in metals like gold and silver, I think, he never considers to invest large amount of his money in crypto market at these times. Because these investors are mostly looking for risk free investments even if its profit is not so high. Profile of an usual investor who is in crypto market is far away from these investors. Maybe, bitcoin can gain such a strong trust in the near future and this type of investors start to buy bitcoin. But we still need years to see this happens.

Gold and silver are two things that will rise in price over time, as demand grows. Unless people find a large amount of gold, silver. However, in my opinion, gold will increase more, because its versatility and decoration are always high. Và với mức giá hiện tại, nó khá đắt đỏ, nhưng giá trị của nó không cao bằng vàng, và giá trị của nó tăng chậm nhưng sẽ ổn định hơn.

I think yes! Because the price of Gold and Silver will remain the same, increasing and decreasing upon supply and demand same with bitcoin.

But compare to bitcoin, gold and silver is the safe asset and good investment because you will not loose big amount. You will have a low profit but atleast your investment is saved.

besides that the level of trust in gold and silver is maintained, and everyone acknowledges it. therefore people dare to invest for the long term because it has been proven from the days of our ancestors

It depends on each person's knowledge. For gold and silver, its price does not fluctuate so much and it only brings us a low profit every year. It is a safe investment and it only helps you to stabilize your finances. Investing in Crypto will definitely help you get rich if you have smart investment strategies.

We are already know that gold and silver is good long term investment. Gold and Silver price right now i think not reflecting the real value. I am believe the gold and silver price will rising in near future

I wouldn't put too much money into silver/gold simply because I believe that crypto has a lot more potential in the long run, and that crypto is most likely going to replace the traditional roles played by precious metals within the market as a safe haven in the future.

However, I really can't say that you could go too bad with investing in them as a hedge against inflation - they are exactly that, and even though they will probably never outpace the growth of crypto, they will still hold up their value much better than fiats will in the long term.

But if you do invest, all I can say is only invest in physical metals. Buying ETFs or derivatives defeats the purpose of this "safe haven", imo.