Gold Bull Starting: It's Bigger and Better Than Last Time - page 2.

stompix

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Quote from: figmentofmyass on January 21, 2019, 01:34:37 AM

ah, that's not a fair comparison though. those are just arbitrary time periods. if you look back at the 2000-11 period,

And you do the same by choosing the extreme law and the extreme high Grin

Quote from: figmentofmyass on January 21, 2019, 01:34:37 AM

up to the present, they're both well-performing assets over the long term. i'm content leaving it at that.

But long term in gold means 10-20 years in BTC 2-3 maybe 4
I'm really not interested in holding gold for 20 years to see some profits that I could enjoy for.... Cry

I'm not Connor MacLeod unfortunately.

Quote from: markj113 on January 20, 2019, 11:38:57 AM

and people that bought bitcoin near the top lost their ass completely.

Yeah, people heard that in 2011, 2012, 2013, 2014...
Goldbugs on the other hand

Pain to go mad

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I would like to say that I like the cryptocurrency market. Compared with the gold market, the cryptocurrency market is more interesting, more exciting, with lower entry barrier and more free operation. Like ZB, that's where I play. Stability, freedom.

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Quote from: nur rochid on January 21, 2019, 02:55:21 AM

Quote from: figmentofmyass on January 21, 2019, 01:34:37 AM

ah, that's not a fair comparison though. those are just arbitrary time periods. if you look back at the 2000-11 period, gold rose something like 600-700%. that's a pretty incredible gain for a historically stable and reliable commodity. they aren't bitcoin-level gains, but i also wouldn't expect that from an asset that's been traded for thousands of years.

up to the present, they're both well-performing assets over the long term. i'm content leaving it at that.

different from gold where after a remarkable increase is not followed by a remarkable decline as well. whereas we can see btc now.

I think that's more because Bitcoin is so speculative and young. It's experimental and risky.......much more speculative than gold, which has a very strong historical basis for value.

Gold's gains are much smaller, but so are the crashes. I guess this is what people refer to when they talk about "mature" markets. You don't expect them to lose 90% of their value overnight. With crypto, a 90% crash is always a possibility.

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Quote from: figmentofmyass on January 21, 2019, 01:34:37 AM

Quote from: stompix on January 20, 2019, 10:44:43 AM

The main difference is that people who have bought bitcoin in 2011 have made a fortune, people that have bought gold in 2011 are still counting loses. And if takes you more than 10 years to at least cover your investment...

ah, that's not a fair comparison though. those are just arbitrary time periods. if you look back at the 2000-11 period, gold rose something like 600-700%. that's a pretty incredible gain for a historically stable and reliable commodity. they aren't bitcoin-level gains, but i also wouldn't expect that from an asset that's been traded for thousands of years.

up to the present, they're both well-performing assets over the long term. i'm content leaving it at that.

different from gold where after a remarkable increase is not followed by a remarkable decline as well. whereas we can see btc now. but I think BTC is just waiting for time from the government regarding the regulation

figmentofmyass

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Quote from: stompix on January 20, 2019, 10:44:43 AM

The main difference is that people who have bought bitcoin in 2011 have made a fortune, people that have bought gold in 2011 are still counting loses. And if takes you more than 10 years to at least cover your investment...

ah, that's not a fair comparison though. those are just arbitrary time periods. if you look back at the 2000-11 period, gold rose something like 600-700%. that's a pretty incredible gain for a historically stable and reliable commodity. they aren't bitcoin-level gains, but i also wouldn't expect that from an asset that's been traded for thousands of years.

up to the present, they're both well-performing assets over the long term. i'm content leaving it at that.

coolcoinz

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Most of those people (gold, silver and crypto vloggers) believe that we'll have a huge crash in markets. One that will last for years and put whole countries into the state of depression. They are preaching the collapse of the Dollar and/or the bursting of housing bubble and nothing happens. Real estate prices in some countries like the UK are going up like crazy and there are no signs of it changing. The Dollar, inflated as it is, is still doing fine. The stock market is acting like it might reverse, but the crash was prevented once in 2003, so they can always start another war (Iran) and keep it going. I just can't imagine a SHTF scenario in our near future.

markj113

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Quote from: stompix on January 20, 2019, 10:44:43 AM

I wonder what is bigger, the current price of gold per ounce (as a number) or the number of articles on that blog in which the next gold run will start....soon..soon since 2011...even sooner in 2020...soon...2140...soon

Seriously what do you people expect from a blog named "The Silver Liberation". I would rather take financial advice from rick and morty.

Quote from: biskitop on January 17, 2019, 09:17:13 PM

actually can be said to be the same. because if seen, the gold market can be more stable, or the fluctuation is not as extreme as bitcoin. while the bitcoin fluctuation is very extreme which can make a big loss, but also huge profit. so I think the market between gold and bitcoin is the same.

The main difference is that people who have bought bitcoin in 2011 have made a fortune, people that have bought gold in 2011 are still counting loses. And if takes you more than 10 years to at least cover your investment...

and people that bought bitcoin near the top lost their ass completely.

stompix

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I wonder what is bigger, the current price of gold per ounce (as a number) or the number of articles on that blog in which the next gold run will start....soon..soon since 2011...even sooner in 2020...soon...2140...soon

Seriously what do you people expect from a blog named "The Silver Liberation". I would rather take financial advice from rick and morty.

Quote from: biskitop on January 17, 2019, 09:17:13 PM

actually can be said to be the same. because if seen, the gold market can be more stable, or the fluctuation is not as extreme as bitcoin. while the bitcoin fluctuation is very extreme which can make a big loss, but also huge profit. so I think the market between gold and bitcoin is the same.

The main difference is that people who have bought bitcoin in 2011 have made a fortune, people that have bought gold in 2011 are still counting loses. And if takes you more than 10 years to at least cover your investment...

The Sceptical Chymist

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Quote from: exstasie on January 18, 2019, 03:47:40 PM

Gold has performed strongly the last few months.

But it's all just noise until key resistance levels are broken.

I don't check the price of gold every day, but it seems like that strong performance is just a fluke--it's still right around $1300, which is where it's been stuck for quite a while now. I think it is just noise and not any indication of a bull trend, and yep, just like with bitcoin trading sideways for months on end.

I think a lot of investors got burned leading up to the 2011 ATH in gold, and I also think a lot of money that investors would have otherwise put into gold or other commodities might have ended up in the crypto market. It's just my opinion, but I don't think that even after 8 years people are going to be rushing back into the metals market with as much enthusiasm as they did throughout the 2000s. Newer, younger traders don't want something as old-fashioned and staid as gold--bitcoin is much more up their alley. Plus you'd think with all the economic and political unrest that's happening globally that people would in fact be looking for a safe haven asset right now, but apparently it isn't gold or silver or their appetite for risk is exceptionally large.

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Quote from: The Sceptical Chymist on January 17, 2019, 08:03:26 PM

This thread is complete bullshit. Whenever I visit coinflation.com to check the silver price (which isn't that often), I see links to articles that say almost the exact same thing as the title of this thread--and it's the same thing year after year since before 2011. And where is gold right now? Yeah, still sub-$1300. It's been either going down or trading sideways for years now, but that doesn't stop the gold permabulls from spouting the same bullish nonsense.

Gold has performed strongly the last few months. After seeing three white soldiers on the 1-month candles, I can understand why gold bugs are getting excited again. But it's all just noise until key resistance levels are broken. They haven't been.

It's a lot like Bitcoin bulls for the last year. Every time they see a few green candles, they think we're going to the moon. It's just an inherent bias that investors have.

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Quote from: biskitop on January 17, 2019, 09:17:13 PM

Quote from: dilaawe on January 17, 2019, 10:34:42 AM

gold market is better than crypto market ?

actually can be said to be the same. because if seen, the gold market can be more stable, or the fluctuation is not as extreme as bitcoin. while the bitcoin fluctuation is very extreme which can make a big loss, but also huge profit. so I think the market between gold and bitcoin is the same.

it may depend on the trader's own personality, which one prefers, because both have different characteristics in terms of volatility. but if we like the challenge of trading on crypto it will be more interesting, because many say the future of crypto will shine like gold, but if you are looking for a safe investment, gold is the first choice

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Quote from: dilaawe on January 17, 2019, 10:34:42 AM

gold market is better than crypto market ?

actually can be said to be the same. because if seen, the gold market can be more stable, or the fluctuation is not as extreme as bitcoin. while the bitcoin fluctuation is very extreme which can make a big loss, but also huge profit. so I think the market between gold and bitcoin is the same.

The Sceptical Chymist

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This thread is complete bullshit. Whenever I visit coinflation.com to check the silver price (which isn't that often), I see links to articles that say almost the exact same thing as the title of this thread--and it's the same thing year after year since before 2011. And where is gold right now? Yeah, still sub-$1300. It's been either going down or trading sideways for years now, but that doesn't stop the gold permabulls from spouting the same bullish nonsense.

Take a look at the price chart of gold, 2011-now and compare that to something like the S&P 500 or even bitcoin, and then you tell me if you would rather own a commodity like gold. It's nice if you want some quality jewelry or a nice coin, but it's a horrible investment.

exstasie

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Not until the market breaks $1,375. That's been a hard ceiling going back to 2016. If it broke, I'd bet on a continued mid-term bull market, with an open mind for eventual new ATHs.

As it is, bulls haven't even fully retraced the early 2018 dumps. Gold bugs are jumping the gun.

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gold market is better than crypto market ?

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First Majestic Silver founder, CEO and President Keith Neumeyer thinks another gold and silver bull run is beginning now, one that will make the 2010-2012 run pale in comparison.

2008 eight was a liquidity crisis. It was a “sell everything” mentality.

This time around, it is a different type of environment, says Neumeyer, where precious metals will be in a bull run going forward. Neumeyer says there is too much debt in the system and a reset is inevitable.

What will that look like? He says no one really knows. However, he thinks gold and silver are must own assets.

Click here to watch the video and read more:

https://silverliberationarmy.blogspot.com/2019/01/gold-bull-starting-its-bigger-and.html

Topic: Gold Bull Starting: It's Bigger and Better Than Last Time - page 2. (Read 374 times)