Pages:
Author

Topic: Will people come back to gold - page 18. (Read 24528 times)

full member
Activity: 434
Merit: 100
December 14, 2018, 08:31:01 AM
with the current market conditions, maybe people will come back to choose gold to invest because gold is safer and has a smaller risk of crypto and they don't have to lose a lot of money and become poor in crypto
Gold has always been an important part of a diversified investment portfolio for a very long time and basically nothing has changed that due to how the price tend to increase in response to events that results in the decrease in value of other investments such as stocks, bonds and the likes. We are already seeing that, and obviously looking at the reaction lately with the bullish nature of gold, that simply depicts one thing we all already know.
although the price increase is not like cryptocurrency, but with gold, the trend seems to always be bullish, so many people think that gold is indeed suitable for long-term investment. this has been trusted from ancient times, even from the royal story of my country, gold has become a prima donna for the symbol of a person's prosperity

Lol exactly, since early human history, gold has always been symbolic for wealth and abundance

I even suppose that most of Bitcoin holders that are rich enough invest mostly in gold. They can love cryptocurrency and believe in its future, but they also trust this precious metal.
member
Activity: 482
Merit: 10
https://www.empirehotels.io/
December 14, 2018, 01:55:55 AM
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.
If you look at the situation in these countries, maybe what you say is true, in recent years investment in some countries will mostly return to gold, but I'm sure it won't take long to return to crypto.
full member
Activity: 364
Merit: 100
December 14, 2018, 12:56:27 AM
I think that some people will shift to gold and some will move to the stock market then it is very good for us to move on in the crypto world and gold is the asset which is ever useful in the world and for me it is important to make sure that now a days investment is the key to success for me.
STT
legendary
Activity: 4004
Merit: 1428
☠ ☠ ☠ メメ
December 13, 2018, 10:46:59 PM
Gold can be equally convenient to crypto probably.    The main difference is centralisation of value, the gold would rely on a ledger with a physical store or vault of gold somewhere.  So gold is stuck in the very conventional finance world, all you do to mitigate the contagion effect is to ensure its not leveraged in anyway at all.

Gold can be traded in quite small divisions on propriety systems, likely closed system.   But I have heard of a gold backed Visa card, I dont think its super cheap but its not beyond the average worker to use this kind of accounting for their personal finances.
I hold gold mostly as long term asset, if I have to hold it decades so be it but it can be used more frequently in the digital age.    Gold ETF is one of the most popular holdings people know about and use, personally I prefer the off market operations and I dont day trade gold as its full of politics

sr. member
Activity: 574
Merit: 250
December 13, 2018, 10:43:48 PM
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.
hero member
Activity: 1204
Merit: 500
December 13, 2018, 10:24:00 PM
I think no one leave the gold investments just for crypto currency but its just happen that crypto currency is much convenience to invest than Gold. Just imagine that gold is physical that you need to keep them in a safest place for your future selling. So i think no one leave but maybe only few want to invest in gold before.
I feel that everyone is trying to have a lot of gold. well, of course, because gold has prices that tend to rise and of course stable. in fact, gold has long been made an investment. maybe other investments are only made an alternative because of the difficulty of finding gold now.
full member
Activity: 854
Merit: 108
December 13, 2018, 10:11:35 PM
I think no one leave the gold investments just for crypto currency but its just happen that crypto currency is much convenience to invest than Gold. Just imagine that gold is physical that you need to keep them in a safest place for your future selling. So i think no one leave but maybe only few want to invest in gold before.
STT
legendary
Activity: 4004
Merit: 1428
☠ ☠ ☠ メメ
December 13, 2018, 09:43:44 PM
Quote
but with gold, the trend seems to always be bullish, so many people think that gold is indeed suitable for long-term investment.

Long term:  Gold is flat, it gains nothing as the value of gold is in wealth mostly.  Gold can be industrial to a small extent and it is unique but mostly its too expensive and highly prized in a monetary sense not industry

Short term:  Gold falls often on currency strength, when interest rates rise it combats the 0% yield that gold gives.   Gold can definitely fall in price

medium term:  Gold has fallen since 2011 and this term of 7 years is short to medium term for this kind of asset.     The story is speculation I think and market perception, price is not always accurate and buyers do not declare holdings or purchases to discourage any competition to their reserve accumulation.   I think this is the strategy of the Chinese central bank, Russia is quite plain on favouring gold for a while now
hero member
Activity: 3052
Merit: 606
December 13, 2018, 07:41:29 PM
Gold is old form and will always remain as it is approved by the world government and people . Crypto currency not being accepted by few countries and many are undecided yet so gold was and still remain the investment option like previous years it existed .
Right.Gold has never lost its value just like the old times.Even some members of my family are into gold too.But knowing the fact that bitcoin has much more value than gold,so people still chose bitcoin over gold.So when the price of bitcoin continues to drop,gold investment has always been a good revenue too.
copper member
Activity: 182
Merit: 18
Crypto.BI
December 13, 2018, 01:33:17 PM
IMO the present day fractional reserve system cannot survive much longer. They will need to go back to gold or BTC or whatever.

They are literally printing money to manipulate markets as they please.

Here's a headline you thought you'd never see on Bloomberg: https://www.bloomberg.com/opinion/articles/2018-12-13/markets-in-turmoil-the-bull-case-is-compelling

"Economic slowdown might be good for stocks"

Let that sink in for a moment. Economic slowdown => Good for stocks???

The only reason an economic slowdown is "good" for stocks is because the FED will print more money to fight the slowdown.

And when they print money YOU don't see a penny of it.

They print money for banks to manipulate the stock markets. It's absurd.

This is not a free market.

Whether it's gold or Bitcoin, they will need to go back to some sort of reserves that limit the amount of financial fraud. What we have today is a massive fraud of unseen proportions.
legendary
Activity: 2128
Merit: 1775
December 13, 2018, 01:03:23 PM
Since the past, gold has been made as one of the precious metals that is very desirable for everyone,
For this reason, gold is currently considered as a profitable investment for the wider community.
Bottom line:
1. although today there are many ways to invest, therefore gold remains the number one choice in getting profits in the future.
2. Certainly this is because gold is an item whose price tends to continue to rise and rarely decreases significantly.
3. hence, the more days the desire of people to save gold is increasing.

I conclude that, gold investment is an investment that can provide many benefits for investors. (Good luck and remain careful in carrying out this investment).
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
December 13, 2018, 12:52:52 PM
Gold is old form and will always remain as it is approved by the world government and people . Crypto currency not being accepted by few countries and many are undecided yet so gold was and still remain the investment option like previous years it existed .
When you are stress and you are looking for diversions, gold is always a good backup in any form of investment we can see true investors to comeback and divert their money to this form as they knew that opportunities are always open by holding golds as a good assets, afterwards when crypto begin again to erise igh time will come again and investors will reinvest their money back to this market.
sr. member
Activity: 1512
Merit: 316
December 13, 2018, 12:32:44 PM
Gold is old form and will always remain as it is approved by the world government and people . Crypto currency not being accepted by few countries and many are undecided yet so gold was and still remain the investment option like previous years it existed .
hero member
Activity: 896
Merit: 500
December 13, 2018, 11:50:24 AM
with the current market conditions, maybe people will come back to choose gold to invest because gold is safer and has a smaller risk of crypto and they don't have to lose a lot of money and become poor in crypto
Gold has always been an important part of a diversified investment portfolio for a very long time and basically nothing has changed that due to how the price tend to increase in response to events that results in the decrease in value of other investments such as stocks, bonds and the likes. We are already seeing that, and obviously looking at the reaction lately with the bullish nature of gold, that simply depicts one thing we all already know.
although the price increase is not like cryptocurrency, but with gold, the trend seems to always be bullish, so many people think that gold is indeed suitable for long-term investment. this has been trusted from ancient times, even from the royal story of my country, gold has become a prima donna for the symbol of a person's prosperity

Gold has been the best investment for thousands of years. Nothing has changed since ancient times. People still believe that if they invest in this precious metal, they can become wealthy with time.
member
Activity: 420
Merit: 10
“Tackling Climate Change Using Blockchain”
December 12, 2018, 09:16:54 AM
Maybe or maybe not as their is still hope for cryptocurrency. The only problem that hinders the idea of bitcoin being treated like a gold is the way we look at it today. If we will use it for a good purpose and for a good reason then we can create a real market so that people will never change their minds. The problem is that there was too much FUD and their were too many who are just holding coins and never really trying to make it usable in a realistic market. This is the missing piece for progress of bitcoin.
sr. member
Activity: 630
Merit: 250
December 12, 2018, 06:57:13 AM
I think that gold could be good investment, gold standard is more reliable than fiat standard, but question will be, is that in favor for central banks and monetary system, I do not think so.
Gold for sure has always been a very good investment, but in the case where there is a possible or looming financial crisis, it is normal for investors to start pulling their funds into a trusted asset, which of course, considering the rate at which gold has been bullish kind of proves that. We all know what sets gold apart over the years is its ability to at least retain its value to some great extent irrespective of external factors.
sr. member
Activity: 1134
Merit: 254
December 12, 2018, 02:24:15 AM
Maybe will many investor back make investment at gold, many investor have confused with how drop and lower price of bitcoin at this year and never have growing price for bitcoin, they have looking new way how to make money with gold investment.
well, there's no need to doubt an investor, because they might have invested a lot in gold. the question is whether we will return to gold, and the answer is yes. gold is still a valuable thing to date, of course everyone thinks that gold is the best investment.
sr. member
Activity: 1492
Merit: 269
December 12, 2018, 12:03:30 AM
Maybe will many investor back make investment at gold, many investor have confused with how drop and lower price of bitcoin at this year and never have growing price for bitcoin, they have looking new way how to make money with gold investment.
sr. member
Activity: 686
Merit: 250
December 11, 2018, 11:09:12 PM
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.
Governments are going to try to avoid that people go back to gold because they cannot control it as well as they can control their fiat currency and there are many suspicions that governments are suppressing the price of gold so people do not get tempted to buy it but at some point they are going to lose the battle against gold if the economies of the world keep performing the way they do.
jr. member
Activity: 84
Merit: 1
December 11, 2018, 08:10:40 PM
I don't know exactly about the other regions but from ASIA you cannot take gold away. They are crazy about gold and they are ready to invest in gold any time. I think this year investors are more interested in Gold as compared to crypto currency. Now Let's wait for the mid January to have an idea of BTC price.
not all countries in Asia have good internet connections, so indeed for regions that are still underdeveloped it will be very difficult to be able to trade bitcoin, for some regions they are not familiar with bitcoin, so they are more interested in gold investations, but for regions urban areas, especially in developed countries such as Korea, Japan, Singapore and other countries that are already advancing, then the public starts infesting in crypto, there needs to be comprehensive socialization in all regions regarding the experience of bitcoin currencies, if this happens then the public can start investing in crypto currency.
Pages:
Jump to: