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Topic: Gold KILLED all else today (Read 2085 times)

legendary
Activity: 1624
Merit: 2481
February 14, 2016, 02:45:22 PM
#38
Gold wont have a big fall in the near future.
legendary
Activity: 2044
Merit: 1115
★777Coin.com★ Fun BTC Casino!
February 14, 2016, 02:32:18 PM
#37
It is just risk aversion.
When stock markets tank, people look for safe investment assets.
Gold and yen are natural beneficiaries.

I see gold as an obvious choice, but yen? US Treasuries are far safer than the yen, especially with the strong dollar currently.
legendary
Activity: 1582
Merit: 1064
February 13, 2016, 10:23:37 PM
#36
It is just risk aversion.
When stock markets tank, people look for safe investment assets.
Gold and yen are natural beneficiaries.
full member
Activity: 243
Merit: 100
February 13, 2016, 09:37:37 PM
#35
http://trendsresearch.com/trends-journal-tv/
Gerald Celente -Trends research institute.
This man have six sense, follow him and you can be little wiser.
https://www.youtube.com/watch?v=BbZJ948oCoc

Thanks!
legendary
Activity: 2044
Merit: 1115
★777Coin.com★ Fun BTC Casino!
February 13, 2016, 09:09:17 PM
#34
Yes, gold and silver are doing well this year... Unfortunately bitcoin remains stagnant during this market meltdown which tells us it's not considered to be a safe investment at the moment. I remain a strong believer this will change providing we will not f**k it up by then.

It's not a safe investment, has never been a safe investment, and at this point, there is no reason to expect it to be. It's volatile as sin. It is the exact opposite of safe: it's speculative. This can change with mass adoption, but I'm not expecting it to any time in the near future.
legendary
Activity: 1218
Merit: 1007
February 13, 2016, 08:57:07 PM
#33
No no this is first mistake..
Gold is not stable over time, you have the feeling, because they injects huge money in industry and economy in order to save dollar from disaster..
When dollar collapse only gold will store value, and many people will suddenly be bankrot..

Yes it's true that gold rises because the dollar devalues.
On the other hand gold gets highly manipulated by all those gold certificates. There are now 293 ounces of paper gold for every ounce of physical gold.
Yeah, it certainly is interesting with how fractional lending can be applied to physical assets now, and not just fiat assets.

If there ever is a rush on the banks and people start trading in their gold certificates, it's going to be either very ugly r profitable for those who already have the physical goods...
legendary
Activity: 3234
Merit: 1214
Vave.com - Crypto Casino
February 13, 2016, 07:24:43 PM
#32
gold price has made a nice jump, but how much potential increase is there to gain? i think a max of 20-30% in the comming year(s). it's decent, but i expect bitcoin to give me a better return.

It is very difficult to predict the future prices of gold. But I am making a very long-term prediction. In my opinion, by 2035, the gold price will increase to $15,000 per oz (from $1,240 per oz as of now). The reason is that, by that time all the recoverable deposits of gold will be exhausted. The demand will increase by many times, but the supply will be near zero.

Such a price hike won't occur since you can note, the demand for gold as investment has reduced a lot due to investment on properties as well alternate currencies. So once when these alts bump sure the gold demand once again gets reduced.
legendary
Activity: 3766
Merit: 1217
February 13, 2016, 01:47:01 PM
#31
gold price has made a nice jump, but how much potential increase is there to gain? i think a max of 20-30% in the comming year(s). it's decent, but i expect bitcoin to give me a better return.

It is very difficult to predict the future prices of gold. But I am making a very long-term prediction. In my opinion, by 2035, the gold price will increase to $15,000 per oz (from $1,240 per oz as of now). The reason is that, by that time all the recoverable deposits of gold will be exhausted. The demand will increase by many times, but the supply will be near zero.
legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
February 13, 2016, 01:20:55 PM
#30
There is a lot of talk about a "gold revaluation" as another tool to save the world economy after QE has failed.

They are running out of other options fast, next will negative interest rates then what?

If they do implement a gold revaluation it could literally go to $5000 + overnight.

http://www.zerohedge.com/news/2016-02-02/coming-revaluation-gold

https://www.google.co.uk/?gws_rd=ssl#q=gold+revaluation&tbs=qdr:m

Gold revaluation is the ultimate goal of the financial turmoil and gyrations, as the market rejects, ejects, and burns away the decaying layers of inefficient misallocation, fraud, etc. built up over the long Fiat Summer.

The proverbial Day of Reckoning is the Kondratiev Winter Solstice, when the total amount of fiat and fiat-priced assets are revaluated in terms of actual (IE physically present and accounted for, not fraudulent paper) gold.

Monero is up another 33%, again on record-ish volume, as investors begin to appreciate the value of a 100% fungible store of value with the same nice internet transportability features of Bitcoin.

My new avatar and personal text explain the rest.   Cool
legendary
Activity: 2254
Merit: 1043
February 13, 2016, 10:23:43 AM
#29
There are hot news that gold  supply has drop first time,there is not infiniitive gold  recources gold market has been terribly  frauded,now it  is  time for gold

gold price has made a nice jump, but how much potential increase is there to gain? i think a max of 20-30% in the comming year(s). it's decent, but i expect bitcoin to give me a better return.

There is a lot of talk about a "gold revaluation" as another tool to save the world economy after QE has failed.

They are running out of other options fast, next will negative interest rates then what?

If they do implement a gold revaluation it could literally go to $5000 + overnight.

http://www.zerohedge.com/news/2016-02-02/coming-revaluation-gold

https://www.google.co.uk/?gws_rd=ssl#q=gold+revaluation&tbs=qdr:m
legendary
Activity: 896
Merit: 1000
February 13, 2016, 10:08:01 AM
#28
There are hot news that gold  supply has drop first time,there is not infiniitive gold  recources gold market has been terribly  frauded,now it  is  time for gold

gold price has made a nice jump, but how much potential increase is there to gain? i think a max of 20-30% in the comming year(s). it's decent, but i expect bitcoin to give me a better return.
sr. member
Activity: 623
Merit: 262
February 13, 2016, 09:01:26 AM
#27
http://trendsresearch.com/trends-journal-tv/
Gerald Celente -Trends research institute.
This man have six sense, follow him and you can be little wiser.
https://www.youtube.com/watch?v=BbZJ948oCoc

thanks for the post and i advise you to post more about bitcoin.
hero member
Activity: 560
Merit: 500
February 13, 2016, 08:16:10 AM
#26
http://trendsresearch.com/trends-journal-tv/
Gerald Celente -Trends research institute.
This man have six sense, follow him and you can be little wiser.
https://www.youtube.com/watch?v=BbZJ948oCoc
legendary
Activity: 1008
Merit: 1001
In Cryptography We Trust
February 13, 2016, 03:56:49 AM
#25
Yes, gold and silver are doing well this year... Unfortunately bitcoin remains stagnant during this market meltdown which tells us it's not considered to be a safe investment at the moment. I remain a strong believer this will change providing we will not f**k it up by then.

The reason why Bitcoin is not rallying when it should is because of the divisions in the community and all the risks associated with the potential hard fork looming.
legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
February 13, 2016, 03:09:07 AM
#24
Gold was up about $50 today, a huge move (~4%) in one day.

Coincidentally, Monero also "KILLED all else today."  It's up 20%, on record-ish volume.

I mention that because like gold, Monero is fungible and/therefore anonymous (unlike Bitcoin and Litecoin).

Kondratiev Winter is approaching.  Watch out for white walkers!
legendary
Activity: 3766
Merit: 1217
February 13, 2016, 03:00:34 AM
#23
There are hot news that gold  supply has drop first time,there is not infiniitive gold  recources gold market has been terribly  frauded,now it  is  time for gold

The supplies are starting to decline. The South African gold production has been declining for some time now. It was partially being neutralized by increased mine production from China, Russia, and Australia. But the mine production in these nations also seems to have peaked. Now most of the remaining gold is stuck in remote and complex deposits, where the cost of production is very high.
Pab
legendary
Activity: 1862
Merit: 1012
February 12, 2016, 08:26:02 PM
#22
There are hot news that gold  supply has drop first time,there is not infiniitive gold  recources gold market has been terribly  frauded,now it  is  time for gold
sr. member
Activity: 308
Merit: 250
February 12, 2016, 03:46:05 PM
#21
Problem is when we talking about gold we did connect gold and fiat money, and we always looking at graphs money vs gold. Stop this. Dollar has great inflation and you can't compare gold with something that is printing every day..

What will happen if we  start this pair oil for gold?
legendary
Activity: 1442
Merit: 1016
February 12, 2016, 12:05:58 PM
#20
No no this is first mistake..
Gold is not stable over time, you have the feeling, because they injects huge money in industry and economy in order to save dollar from disaster..
When dollar collapse only gold will store value, and many people will suddenly be bankrot..

Yes it's true that gold rises because the dollar devalues.
On the other hand gold gets highly manipulated by all those gold certificates. There are now 293 ounces of paper gold for every ounce of physical gold.
hero member
Activity: 605
Merit: 500
February 12, 2016, 11:29:33 AM
#19
Yes, gold and silver are doing well this year... Unfortunately bitcoin remains stagnant during this market meltdown which tells us it's not considered to be a safe investment at the moment. I remain a strong believer this will change providing we will not f**k it up by then.
Safe?  Bitcoin has been one of the most volatile investments to own since it came out, hands down.  Precious metals haven't been as volatile as btc since bitcoin was introduced.  Some stocks, probably, but btc is definitely considered a flight to safety.

It's been nice to see gold & silver rally these past few days.  I don't own any gold, but I do own a little silver.  Yay for me.

I don't see this happening yet, but of course one can argue it will get there in time providing digital asset class will gain broader acceptance.
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