Topic: Re: Will people come back to gold - page 5. (Read 1658 times)

Banks buying gold because they can't afford the level of risk btc offers. Bank are very conservative in their approach, and btc is very risky kind of asset for them. However, banks are realizing the potential of btc and that's why blame it mostly. Of course banks prefer gold as it's time-tested though doesn't give even a small portion of the revenue btc grants.

The reason why I feel you would prefer to invest in gold to crypto is because cryptocurrency is yet to be regulated which is one of the reason why the market is still very volatile, but once government can regulate cryptocurrency, bitcoin most especially will appreciate to the point where it will become almost like a stable coin, and once we can achieve this level, people will definitely opt for bitcoin as digital gold because it is easily accessible compared to physical gold that you have to travel a far distance to have access to it, then to also get a buyer of it become very difficult and could take months and if not years for individuals.

investing in gold is not something that is a secret. even though people do different businesses, whether it's cryptocurrency or other online businesses, I think people will still buy gold for their investments. well, you could say it was an investment that could be given from generation to generation.

As I read in the economic news, the gold reserve rate of the states is increasing and they buy gold. In many countries it is known that people prefer physical gold as the most valuable investment and save gold. Personally, even though I prefer to invest in cryptocurrency, I think it would be very reasonable to invest in gold against a possible global economic crisis.

You know that gold had been around for a very long time and that means that a lot of people knows about gold than they know about cryptocurrency. Even people that don't make use of Internet a lot knows about gold cause it has been around for centuries and has been useful in so many ways,, even as an investment. Since cryptocurrency has not been around for that long and has been for just a decade and few years, so I'd say that it can't compete with gold for now. And another problem with crypto is the volatile nature.

I can't understand why some users are saying that if I know the cryptate market I don't invest in gold; why this?

If I'm just a simple speculator or I only have a small amount of capital available then I can focus my attention, my strengths and energies on one market (the one I know best), but if I'm an INVESTOR with a fair amount of capital, or one company or fund or state, then having gold in my portfolio is a duty, or almost an "obligation".

For millennia, in every civilization and epoch, it was considered first a currency and a readily exchangeable commodity, then it became (after the birth of the banknotes and fiat currency) a safe and investment asset, which protects and preserves the capital with a thousand speculations markets, governments, wars, etc.

Finally, even if there are no precise estimates as for Bitcoin, it is also a limited, finite resource; as for Bitcoin, also the GOLD has a cost of extraction, purification, transport, processing, etc. under which the listing could hardly fall, except for short and particular periods and / or historical moments.

On the purely speculative side of the price I don't want to get into it, except to say that the gold market is today among the most manipulable markets we know, and the price has been artificially low for years, within a certain range.

You are gonna lose money because gold is not good investment I don’t consider it more profitable than investing crypto currency, for me gold is not worth investing in this era of technology we should think about investing in crypto currency only, it has more profit than gold as gold is just a temporary profit but crypto currency is gonna save our future.

gold considered as  safe heaven asset in finance industry.much trader and even finance institutional has gold asset in their portofolio as hedging tool.maybe we take a look at commodity market gold price rise alot in few days ago like bitcoin did.

Crypto currency has been chosen by many people. maybe when compared to crypto currency gold is preferred. even though I'm not too sure if people will turn to gold.

right. currently the era of technological development, even though gold has become a good investment and has gained public trust, but with great opportunities, crypto will be more profitable later when we invest now

Mike Maloney talks a lot about this area of economics, be good to look him up. It's been said that we're heading for another and even greater global recession, and things like the US Petrodollar will eventually collapse (and all paper fiat has had an almost certain failure rate, and the Petrodollar, as you know, was just another save for the US dollar, though it is not the same thing as it used to be). If and when these types of events occur, precious metals like gold and silver will be among the highest prized of assets, and will likely spike in value. Naturally, central banks and multiple governments are stacking up on at least one of these precious metals (though some have said silver will even outperform gold). I heard a long time ago that the BRICS nations were discussing a gold backed currency, and just now saw a couple of articles from last year about a gold-backed Petro Yuan. And there's more to be said on the history of gold ownership and currencies.

I would say, yes, it would seem that gold is certainly making a comeback. Although, those who are in the know, never stopped wanting to invest in precious metals, because they know they have an unmatched intrinsic and historical value among nations and individuals that has continued to this day.

Have a good day,
The Cyberius team.

Some countries have been buying gold, as they want to reduce their dependency on US dollar, but in general i don't think that people would get back to gold, instead they are getting attracted to cryptocurrencies.

With the trade war between China and the United States ongoing, the future prospects of gold has definitely brightened. The markets are down quite significantly (some of the world markets are down upto 5% in one week). If the markets go down for the next 1-2 weeks, then at least some of the investors may be open to shifting a part of their wealth to stable assets such as treasury bonds and bullion. And this may increase the demand for gold, and in the end result in a rise in the prices.

with evidence that in recent days bitcoin experienced a significant increase. this indicates the increasing number of requests. with increasing prices gradually, it will certainly convince investors to invest

if we see bitcoin price movement at this time, i see huge demand now.market capitalization rise alot on few days.i am sure this demand come from large investors and finance institution.and maybe stock investors from several countries invest in cryptocurrency market now .

I think with this current positive condition of the market, more people will focus on crypto investment rather than in gold investment. Huge profits await in crypto while gold only bring us a minimal profit so no wonder we will be more profitable in crypto rather than sticking in gold.

in current condition bitcoin or cryptocurrency looks like attract commodity investors to put some of their money.bullish movement and high demand on market be main reason for investors to do this.crypto like digital gold but it has difference on technology developtment.

as you say. if people know about crypto they will not choose to buy gold. but if they don't know crypto, of course gold is their choice, because there is no other option that is more profitable than gold. so an investor who does not know crypto does indeed know crypto sometimes, so sometimes they feel sorry. because they don't know crypto from the beginning.

gold is one of the best investments on earth. So, it's natural for people to invest in gold again, and that is something common. in fact, some see that gold is something luxurious. maybe crypto is a technology that can be compared to that, but, people will definitely buy gold when they have a lot of money, or see that it is something expensive and luxurious.

People who know better about the profiting through cryptocurrency will never try to diversify their assets into gold. With cryptocurrency an user will easily grab a big profit in a short which one cannot get the same through gold even after years. Gold in most cases is used as an investment as it provides with the much easier access and liquidity.