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Topic: The Consensus is Clear: You Should Own Gold Now (Read 427 times)

sr. member
Activity: 1274
Merit: 252
This might be too late if you buy gold, sometimes news like this appears to emphasize more where new people come with big demand for gold. Actually to buy gold in people is generally done to avoid inflation from their money that is not used temporarily, and after I read it indeed it was natural for me to do it myself.
full member
Activity: 1526
Merit: 111
Pepemo.vip
If you have free resources, It's a bad idea at all to own some gold. In last month I read that Turkish Central Bank and Russian Central Bank both bought a record amounts of gold for 2018. While we can't compete at their levels, some gold as a emergency reserve is the perfect option for me.
the best investment of all time is gold, it cannot be denied, but the development of the digital era, savings in gold is the last alternative we save money. in big cities or in developed countries, maybe the investment that is being enjoyed is crypto, because of the advantages offered, so if you are able to invest in both, we save in gold but we also invest in crypto. that is the best.
I think that is because gold already existed from the time it was lost and gold is the most expensive asset produced from the earth and it is very difficult to find gold so it is only natural that gold is the best investment place because gold already exists and is something very valuable since before you were born.
besides that I think because gold already has the trust of the entire community, even though the supply is infinite but it is people's trust that makes the price of gold rise

sr. member
Activity: 1246
Merit: 250
If you have free resources, It's a bad idea at all to own some gold. In last month I read that Turkish Central Bank and Russian Central Bank both bought a record amounts of gold for 2018. While we can't compete at their levels, some gold as a emergency reserve is the perfect option for me.
the best investment of all time is gold, it cannot be denied, but the development of the digital era, savings in gold is the last alternative we save money. in big cities or in developed countries, maybe the investment that is being enjoyed is crypto, because of the advantages offered, so if you are able to invest in both, we save in gold but we also invest in crypto. that is the best.
I think that is because gold already existed from the time it was lost and gold is the most expensive asset produced from the earth and it is very difficult to find gold so it is only natural that gold is the best investment place because gold already exists and is something very valuable since before you were born.
member
Activity: 232
Merit: 11
If you have free resources, It's a bad idea at all to own some gold. In last month I read that Turkish Central Bank and Russian Central Bank both bought a record amounts of gold for 2018. While we can't compete at their levels, some gold as a emergency reserve is the perfect option for me.
the best investment of all time is gold, it cannot be denied, but the development of the digital era, savings in gold is the last alternative we save money. in big cities or in developed countries, maybe the investment that is being enjoyed is crypto, because of the advantages offered, so if you are able to invest in both, we save in gold but we also invest in crypto. that is the best.
newbie
Activity: 10
Merit: 2
I would if it was affordable.
member
Activity: 616
Merit: 11
Maduro knows the pitfalls of using gold as a store of value Cheesy If there are any other corrupt leaders following those events they will probably be dumping their gold right now and switching to bitcoin!
sr. member
Activity: 1162
Merit: 251
Gold isn't increasing much but it hasn't crashed anywhere close to the amount bitcoin has.   Most bitcoin investors I know also buy gold to hedge their investments.  Its never smart to put all your eggs in one basket.
I think many of you find it difficult to digest the contents of this thread, that the land in the world is already owned by an individual or group of companies (consensus), of course gold mining will be owned by the holder of the land, before it's too late if you buy as much gold as possible
member
Activity: 700
Merit: 10
Gold's price is slowly decreasing so I don't know what those people are talking about. One thing going for gold however is that it's not volatile. Just don't expect to make a profit out of it.
some people don't know that gold price movements are slower than new cryptocurrency and gold price movements can benefit when you use very much trading capital, if your capital is small then it will be very difficult to be able to make a profit.
each investment has its own nature, even though gold has no large movements, but gold is the safest to use as an investment tool, because everyone must believe in gold
copper member
Activity: 266
Merit: 2
Ako Bayot!
Gold's price is slowly decreasing so I don't know what those people are talking about. One thing going for gold however is that it's not volatile. Just don't expect to make a profit out of it.
How come gold's price is slowly decreasing when from time to time the demand constantly rising? We all know that the gold supply is limited so this is where the limited supply could raise up its market price of huge demands. I guess there were just some fake news about the decrease of gold's market price. Gold has proven its market price increase from the last few years.
full member
Activity: 470
Merit: 102
Gold's price is slowly decreasing so I don't know what those people are talking about. One thing going for gold however is that it's not volatile. Just don't expect to make a profit out of it.
some people don't know that gold price movements are slower than new cryptocurrency and gold price movements can benefit when you use very much trading capital, if your capital is small then it will be very difficult to be able to make a profit.
hero member
Activity: 1764
Merit: 584
Gold's price is slowly decreasing so I don't know what those people are talking about. One thing going for gold however is that it's not volatile. Just don't expect to make a profit out of it.
legendary
Activity: 2730
Merit: 1288
With sentiment for the precious metals returning, outlook on prices turning bullish, and central banks piling on gold reserves, now is a great time to own the metals, according to panelists on the Ultimate Gold Panel.

Join Peter Hug, Frank Holmes, Peter Schiff, and Roy Sebag in part one of the panel discussion, hosted at the Vancouver Resource Investment Conference, and find out why the experts think the tide has turned in gold's favor.

Countries and investors are just trusting USD as world currency less and less so they need to diversify into something. What they will diversify in? For sure not Bitcoin. Yes investors maybe a bit but not countries. Bitcoin is way to insignificant for them. They can invest into CNY as a predicted new world currency and gold. And they do it.
copper member
Activity: 2940
Merit: 4101
Top Crypto Casino
Better diversified investment, bitcoin and gold are both a strong investment that can be more profitable. There is really no rush on buying gold because its price is not moving that much compare to cryptocurrency. IMO, i would rather buy more bitcoin than gold because I don't see any function of gold aside from the jewelries, so for me its more worth it to buy coins, with a real function in the real world.

Bitcoin a "strong investment" oh really? $20,000 +12 months ago and $4,000 today, so strong, you say it!
People are not really considering gold as an investment. I mean people who are used to buy/sell. They aren't looking to make a profit from it they just want to put in place their funds in something reliable and keep it safe from inflation.
If you don't see any other "function" than jewelry it's just because you don't know enough about it to talk
full member
Activity: 630
Merit: 172
Gold isn't increasing much but it hasn't crashed anywhere close to the amount bitcoin has.   Most bitcoin investors I know also buy gold to hedge their investments.  Its never smart to put all your eggs in one basket.
full member
Activity: 742
Merit: 144
if I myself do not have to choose gold because crypto is still promising now even though the market is down, this year there will be many people who will get big profits
I still don’t see any rush to buy bitcoin right now because i’m still contented on my earnings here in cryptomarket. The Gold may continue to increase in value but I also believe that cryptocurrency will also grow especially with bitcoin price. Anyway, we can actually buy gold and cryptos so better to do it both that to give up one thing to invest to other option.
Better diversified investment, bitcoin and gold are both a strong investment that can be more profitable. There is really no rush on buying gold because its price is not moving that much compare to cryptocurrency. IMO, i would rather buy more bitcoin than gold because I don't see any function of gold aside from the jewelries, so for me its more worth it to buy coins, with a real function in the real world.
full member
Activity: 714
Merit: 114
Gold is a big reserve, it always have a stable price, what you earn out of bitcoin and other cryptocurrencies even when the market is bearish can't be earned out of gold even when it is in the bullish run. People who have got lot of fiat to make an investment and wants to secure it without facing any risk could go with gold.
You have a good point there, Owning gold is the best way for this era. This is very obvious now. Central banks are making currencies down
and it is only the gold which will have the price in the market sooner or later. But gold is considered as a long term investment and will be easily liquidated. Gold and bitcoins are the best investments for future purposes and I will guarantee it. Currencies will go down and people will try to hedge their money as well.

we are now in the future . in this kind of era crypto  is more suitable because crypto is new and advance while gold is kinda bit old  . and why are so saying that central banks is making the currencies down ? you mean they dump the crypto ? well the dump is normal and not bothering at all  .  or you mean they dump the local currencies/fiats  ?  fiats wont be dump hard but if ever they got dump they can still recover  .  gold value can always decline if fiats and cryptos decline  , thats what i believe to happen  .
hero member
Activity: 798
Merit: 531
Crypto is King.
Gold is a great place to store fiat that you do not want to hold in fiat while it loses value. Gold can be a great hedge to the USD or BTC. I would not hold 100% gold though for investment purposes. It barely fluctuates in price and doesn't pay any dividends.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
Gold is a low-risk investment and it is always a good time to hold it. Especially when there are economic ups and downs (which I think that we are on the verge of an economic downturn). My question is why shouldn't we hodl digital gold instead of simple gold.

Bitcoin has the same usage as real gold with one added feature where it may give higher returns in the future!
You can hold whatever you want, holding bitcoin, gold or both are good options, it is just that people have different preferences, gold has been trusted for thousands of years but I do not want to hold gold for decades to get the profits I am looking for, besides holding gold could be made illegal and moving gold can be difficult, while moving bitcoin or any other cryptocurrency can be as easy as just remembering your seed words and you carry nothing with you that could indicate that you are holding cryptocurrencies.
jr. member
Activity: 644
Merit: 1
People choose gold because it is a stable investment that doesn't depend on stocks and protects purchasing power over a long period. Gold is recognized by people as a valuable asset and it has always been and will be a profitable investment.
legendary
Activity: 1386
Merit: 1058
Gold usually goes up when economy is bad and economy has been bad for a long time but it also changes from country to country.
For example, a third world country like Venezuela having economical problems doesn't really reflect on gold prices that much however a country like USA gets affected economically would yield a great increase in gold prices since people would rather own gold than stocks on bad market. So, buying gold depends on one thing, if you think a big country like USA or UK or whatever will have a bad economical year or not.

If you look at 2018 you can see that market has already crashed a lot, if you wanted to buy gold you should have done that early 2018, right now it looks like it will recover and gold doesn't seem like a good deal anymore.
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