Will people come back to gold - page 22.

TheClownSong

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Quote from: LeGaulois on December 06, 2018, 12:25:17 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.

Gold always safe haven assets and its more safe to keep our funds in gold. When economic crisis happen, most investor prefer convert their investment to gold. I think gold is good investment in uncertain market and anybody can accept gold when we need money for emergency.

jrrsparkles

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Quote from: aoluain on December 07, 2018, 03:16:40 PM

Quote from: jrrsparkles on December 07, 2018, 02:35:54 PM

Quote from: aoluain on December 07, 2018, 01:25:41 PM

Gold might be good to get into. There is talk that the stock market could be heading
for a bear trend and that could last a while. Gold might benefit from that but it would
be a slow burner.

I too am quite positive in the long term for bitcoin regardless of all the FUD.

I don't think the crypto currency investors are going back to invest on gold now in large scale,this may happen because governmets want to save their value so they need to have more gold to backup since USD is weakening now when compared to previous year.I still believe bitcoin will be still preference for more investors but they are waiting for the right time to enters into the market.

No i meant stock market investors might go into gold.
There will definitely be more investment into bitcoin and crypto and now
may not be a time that appeals to them.

I could never read the markets so we may see a bit more falling before
they decide to jump in.

Looks like some of the stock market investors were jumped into the cryptos again? Because when I wakeup this morening the prices were again going greenish for all the coins.Hope to see many more investors now before then end of this year to uplift the prices to some good certain level.

redsap

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well i think that gold will always favorable for many people to invest i guess and that so, people will always going back to gold again if that are happen, because we know that if gold are already use before we realised that paper money

bayu7adi

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Quote from: LeGaulois on December 06, 2018, 12:25:17 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.

most likely the safest asset is gold, where its existence is certain and liquidity is recognized by all countries. As long as the cryptocurrency is not stable, investing in gold is a good choice for us in the long run

aoluain

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Quote from: jrrsparkles on December 07, 2018, 02:35:54 PM

Quote from: aoluain on December 07, 2018, 01:25:41 PM

Gold might be good to get into. There is talk that the stock market could be heading
for a bear trend and that could last a while. Gold might benefit from that but it would
be a slow burner.

I too am quite positive in the long term for bitcoin regardless of all the FUD.

I don't think the crypto currency investors are going back to invest on gold now in large scale,this may happen because governmets want to save their value so they need to have more gold to backup since USD is weakening now when compared to previous year.I still believe bitcoin will be still preference for more investors but they are waiting for the right time to enters into the market.

No i meant stock market investors might go into gold.
There will definitely be more investment into bitcoin and crypto and now
may not be a time that appeals to them.

I could never read the markets so we may see a bit more falling before
they decide to jump in.

MULTIK888

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Gold is something that inspires the confidence of investors for hundreds of years, or even thousands!. It will never depreciate and therefore today, when the indices are falling all over the world, investors begin to shift their money to a safe place.
It is not gamblers who buy gold, but serious investors with large capital, because they are not interested in high interest rates and high risks.
Now just a time when everything is falling and it is necessary what to wait.. when all stabiliziruemost gold prices will again start to fall.

jointherevolution

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Some people always have some gold even when economy is good but naturally when economy is bad, more people interested in buying gold. Also silver and other worthy metals. When difficult times pass they sell those and get back to their currencies. That's how it goes.

jrrsparkles

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Quote from: aoluain on December 07, 2018, 01:25:41 PM

Gold might be good to get into. There is talk that the stock market could be heading
for a bear trend and that could last a while. Gold might benefit from that but it would
be a slow burner.

I too am quite positive in the long term for bitcoin regardless of all the FUD.

I don't think the crypto currency investors are going back to invest on gold now in large scale,this may happen because governmets want to save their value so they need to have more gold to backup since USD is weakening now when compared to previous year.I still believe bitcoin will be still preference for more investors but they are waiting for the right time to enters into the market.

Capt00

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Quote from: thunderbitz2717 on December 07, 2018, 01:49:46 PM

Not all people can avail gold in our time, only can afford people could have it. Though we all know that Gold was already an ancients, but of course, still majority of the people all over the world are don't have gold because its too expensive but compare into bitcoin it was surpassed by it. That's why even the price of bitcoin now was totally dumped I still believed it will bounce again, only I just need to be patience and hold em in a long term as well until the time will come up to sell it.

Exactly, gold and cryptocurrency investments are having a different thing. I think people if they are a real crypto enthusiast gold is nothing for them. Crypto you can invest even a small fraction and gold is not, most probably those people trying to invest are those they can afford to lose or whatever they can afford. In my own, in this situation, I rather invest crypto than gold because I can buy while cheap and even small amount, I know soon it will bring a good ROI.

thunderbitz2717

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Not all people can avail gold in our time, only can afford people could have it. Though we all know that Gold was already an ancients, but of course, still majority of the people all over the world are don't have gold because its too expensive but compare into bitcoin it was surpassed by it. That's why even the price of bitcoin now was totally dumped I still believed it will bounce again, only I just need to be patience and hold em in a long term as well until the time will come up to sell it.

aoluain

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Gold might be good to get into. There is talk that the stock market could be heading
for a bear trend and that could last a while. Gold might benefit from that but it would
be a slow burner.

I too am quite positive in the long term for bitcoin regardless of all the FUD.

musharaf

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All the time investors are searching the best time and opportunity to invest in that and people will must come for gold because it is not easy to wait for the whole year and if in result the market not show any rise we have to use some other ways for making profit and investment in different sectors is the best way to make money for long term.

LeGaulois

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It is not a financial crisis that drives up the gold price but rather the reaction from central banks.
If they put negative interest rates to prevent the economy from collapsing, yes in this case the gold price rises.
But if you have a financial crisis and they do nothing your gold will be caught in the crisis. So by buying gold you suppose a crisis and that the central banks are going to panic. But for a European, it is certain that if there is another crisis I do not think Europe can survive a recession. Roll Eyes

jatin729

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Crypto and gold are different way of thinking investment, Gold needs long time to get huge profit but Crypto can really pump your profit in a year or month or sometimes in a day. And we know people have different mind set and Most of people think that gold is safest way of investment where chances of loss is very less as compared to Crypto.it may be possible that people attract toward gold.

rickadone

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Gold has always been a safe choice for an investor, it won't make you rich but if you keep on hoarding gold like Smaug there is a big chance that any economical crisis or any collapse in market won't affect you as much as other investors. Gold is more of a safe bet and would make you gain gradual slow profits instead of big leaps.

Moreover, many people believe the same thing that if you are investing into gold, you might as well just keep it at fiat and put it on a savings account, at least you will not lose money that way neither. I think people who invest into gold are mainly old people, they already made enough investments in their lifetime and since they are old they don't want risks. Young people and even middle age people go for riskier but more rewarding investments.

yusupjatigumilar

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I think if you look at the current market conditions it is not impossible many people think of investing again in gold and or silver, because they want investment commodities that are truly safe to save their funds and also profitable if stored for a long time

Umuoji

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Cryptocurrency is something that can never come to an end. I don't believe that people will abandon crypto for gold, the market will surely recover very soon.

ConotCan

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Quote from: LeGaulois on December 06, 2018, 12:25:17 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.

Gold does get its limelight only when government bonds and corporate stock for finding its downfall. Yes, gold is still a are very good alternate investment opportunity for institutional investors worldwide. Other than this, gold is always getting a place in everyone's portfolio just for the reason of diversification.

Levious

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Yes, the price of gold will hit a record high in 2019, and gold is still the best safe haven in the world. The cryptocurrency market is not mature enough and there is a lot of instability. So gold will rise in the coming year.

erikoy

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Quote from: kodtycoon on December 07, 2018, 12:13:16 AM

Maybe yes and maybe not. For those who have been disappointed with the crypto market, it seems that he will leave Crypto and switch to other assets such as gold or possibly real estate. But for those who still have high optimism and enthusiasm in crypto, then surely they will stay and just be patient to look forward to the next increase from the crypto market.

The question is how many of the loyal for cryptocurrency will be? For sure it will compromise the market price of bitcoin and will only play at lowest market price possible to be recorded for 2018-2019. This is for sure that cryptocurrency will never be like the good times again that all are happy.

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