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Topic: Gold's performance (Read 26 times)

legendary
Activity: 3276
Merit: 2442
Today at 05:35:05 AM
#3
Gold has always been a slow mover. It won’t make you rich overnight. It probably won’t make you rich ever. If you are investing in gold, it will be your kids who will enjoy that wealth when you are dead. Keep that in mind when you are buying so you won’t get angry when you realize it won’t ever rocket like crypto.

If you have no problems with waiting, I mean if time isn’t an issue, you could also buy an index fund and it will give you slightly better returns and it is a more liquid market.

Gold will only moon when the end of humanity arrives and trust me you won’t care about your gold when that happens.
legendary
Activity: 2268
Merit: 1379
Fully Regulated Crypto Casino
Today at 05:22:56 AM
#2
Gold is still a neutral reading because of two contradicting signals. The bullish signal is that stagflation poses a severe threat in 2025, an indicator of extreme bullishness for the metal. However, the Fed has decided to keep from devaluing the dollar for the time being in order to battle inflation again. So gold is kind of stuck in this uncertain market where demand is hesitant.
Well its existence be always scarce. Remember its a naturally occuring substance and got some limited sources as time pass by. So it will still do good in the long term even Feds could do something to make it stagnant. Its like bitcoin with supply will come to decrease as it continue to be mine by companies on different parts of the world.
sr. member
Activity: 98
Merit: 55
December 23, 2024, 04:13:22 PM
#1
Gold is still a neutral reading because of two contradicting signals. The bullish signal is that stagflation poses a severe threat in 2025, an indicator of extreme bullishness for the metal. However, the Fed has decided to keep from devaluing the dollar for the time being in order to battle inflation again. So gold is kind of stuck in this uncertain market where demand is hesitant.
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