Topic: Will people come back to gold - page 16. (Read 24528 times)
I don't see a chance for coming back into gold standard - the cost of keeping the gold is too high and the governments are not ready (it seems that they never were) to give up their power of creating money. Anyway after a long period of economy growing, the rising gold price is a natural step because with every year possibility of economic crisis is bigger.
With the current economy, the fears about the Brexit, Italy, the Sino-American problems and the general pessimism among investors; It looks like Gold is coming back the past months. At the same time, countries like the EU, Japan & China are reducing their investments in the economy,
(it should also reduce demand for the USD?)
Even the Central banks are buying more Gold (+13% from the previous year). Economists predict a dark year for 2019 and it seems a lot of large funds are now buying Gold massively. Especially from Asia and Soviets.
Yes, people can back to gold, one of the profitable and low risk investments unlike other stock investments which have a higher risk. The value of gold could soar in the coming years if the economy is said to be bad. (it should also reduce demand for the USD?)
Even the Central banks are buying more Gold (+13% from the previous year). Economists predict a dark year for 2019 and it seems a lot of large funds are now buying Gold massively. Especially from Asia and Soviets.
it seems like yes, because by switching to gold it's better to be able to benefit later. because now crypto is destroyed again and it's great if investors invest both fields such as gold and crypto so that later he can get a double profit
Destroyed? Why can you say that Bitcoin is destroyed.
I've been reading this since the start of the dump that is happening with Bitcoin and I don't think you should say that Bitcoin is destroyed since it can't be destroyed by anyone, also if it is destroyed then I don't think we will be able to invest and sell again Bitcoin in the future. Bitcoin is just experiencing a price dump and that is normal since we are investing in a volatile cryptocurrency.
Gold is one of the best save havens you can have in times of financial crisis.
With FED upping their rates, the next recession is knocking.
If I was a millionaire I'd much rather put my money in gold than risk it in cryptos.
With FED upping their rates, the next recession is knocking.
If I was a millionaire I'd much rather put my money in gold than risk it in cryptos.
Oh, man, probably you remember the saying about those who do not drink champagne? These are the people, who never risk. Next time, the cryptocurrencies can bring you a great profit. But gold is also a good investment.
it seems like yes, because by switching to gold it's better to be able to benefit later. because now crypto is destroyed again and it's great if investors invest both fields such as gold and crypto so that later he can get a double profit
well, we know that gold always has a price wherever you go. well, of course, even though we all look for fiat, however, when we have a lot of money, gold will be an alternative to making investments, or savings in the future, or the next generation. 
if in my opinion the one who goes to gold is certainly there, because by investing in gold it is also to get income in the short term. therefore to wait for the market to stabilize and green again by earning income from gold
it seems like yes, because by switching to gold it's better to be able to benefit later. because now crypto is destroyed again and it's great if investors invest both fields such as gold and crypto so that later he can get a double profit
I used to read that cryptocuurency is not affect by global recession. fortunately have not had the experience of recession since i started. The market of gold lately has not been different from trading a stable coin. It just help to preserve value not necessarily for making profit.
Actually gold is one of the stable investment because we have not seen high fluctuations in gold trading that's why people turning up to crypto because it gives them lots of profits even in bear market. Can you imagine i know one person who had made 2000 usdt profit in last few days because of price fluctuations so that's why people don't want to go to gold. One thing gold can be long term investment but in crypto it may possible that money will be double within weeks.
With the current economy, the fears about the Brexit, Italy, the Sino-American problems and the general pessimism among investors; It looks like Gold is coming back the past months. At the same time, countries like the EU, Japan & China are reducing their investments in the economy,
(it should also reduce demand for the USD?)
Even the Central banks are buying more Gold (+13% from the previous year). Economists predict a dark year for 2019 and it seems a lot of large funds are now buying Gold massively. Especially from Asia and Soviets.
That is definitely a possibility especially since many people around the world can feel that things are not right, they cannot describe it since they do not understand the economy but they can see their salaries not going up and that the inflation is many times higher than what governments admit so the chances that people decide to buy gold to protect their savings are high. (it should also reduce demand for the USD?)
Even the Central banks are buying more Gold (+13% from the previous year). Economists predict a dark year for 2019 and it seems a lot of large funds are now buying Gold massively. Especially from Asia and Soviets.
Because we are currently recording a slowdown in the economy. And, of course, each country is trying to increase its gold and foreign exchange reserves in order to be ready for it in the event of a crisis. Cryptocurrencies are very volatile and uncontrolled by the state. And gold is a more guaranteed reserve.
Gold investment is an alternative investment to cryptocurrency and stocks. A lot of people venture into it to spread their risk and people will surely go back to gold hen other investment and not viable
With this global economy in 2018, all sectors of the government, banks, private sector, experiencing economic shocks, various factors that arise, this has a huge influence on cryptocurrency at the moment, I don't know for sure people will be as successful as gold at the end this, but hopefullyonly all countries will suffer from this worst economy and crypto especially Bitcoin.
It could also be that people will return to investing in gold, plunging in crypto to feel a loss because they cannot manage it, then save their assets with gold or in real estate. This is natural because it is their choice and their future after feeling a failure here. But also investors who are still here and want to own gold and land for other assets.
Based on how people want get their profit later, many people keep hold and save bitcoin because think bitcoin more profitable than gold investment, only have few change of gold price after holding and investing more than one year.
well, based on the rapid increase, of course people can think like that. however, sometimes when bitcoin prices drop, many people want to move to real estate. Well, I feel that many people want to have a lot of gold, and of course everyone wants it.Based on how people want get their profit later, many people keep hold and save bitcoin because think bitcoin more profitable than gold investment, only have few change of gold price after holding and investing more than one year.
well, based on the rapid increase, of course people can think like that. however, sometimes when bitcoin prices drop, many people want to move to real estate. Well, I feel that many people want to have a lot of gold, and of course everyone wants it. 
some people consider gold as a perfect investment where we can use jewelry and can also make other immovable assets other than houses and land
and I think all the people of the world must have gold even though their needs are different for investment and jewelry.
and I think all the people of the world must have gold even though their needs are different for investment and jewelry.
Based on how people want get their profit later, many people keep hold and save bitcoin because think bitcoin more profitable than gold investment, only have few change of gold price after holding and investing more than one year.
In my opinion. everyone still uses gold as an investment tool at any time. even now gold is still used for investment even though the crypto currency has circulated. and currently, crypto currencies experience very bad price fluctuations. many crypto users sell assets and switch investments to other fields just to avoid large losses. and gold is one of their choices.
That is natural, gold has been around for a long time and people trust it, they know that if they have gold then it does not matter what happens to the economy, gold will still hold value, but when an economic crisis happens and people try to buy gold only to realize there is not enough of it they will try to get cryptocurrencies, unfortunately for them bitcoin is very scarce as well and there is not enough of it when the demand skyrockets.
You have the goods. You exchanged goods for gold. You have gold. When you want to receive the goods, you can exchange its gold for the goods. If nobody wants to buy your gold, you can make jewelry.
Bitcoin is not material. If no one wants to buy it, you will not make anything out of it.
Bitcoin is not material. If no one wants to buy it, you will not make anything out of it.
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