Topic: Will people come back to gold - page 4. (Read 24528 times)

I truly don't believe that buying should be characterized as a sort of investment. I think that people buy gold and got involved in this market in order to store their wealth value. The price of the gold doesn't fluctuate a lot thus buyers are securing their money to this commodity. Something that can hard to happen in other commodities such as oil for example.

investing in one product is risky, choosing both of them does provide a sense of security for our assets. it is impossible for a business to run well continuously, so that when one investment slows, the other one can cover up

Gold is always the best in the market, whether it can be of long term or short term. Because, gold will be stable for long term as well grows with time. Importantly there is not much of volatility with gold, while cryptocurrency is highly volatile. To my understanding gold will always be preferred by the user who expect to stay on a risk free platform. I believe most of the users will diversify with gold and cryptocurrencies.

People should be investing in both of the options if they want to stabilize their investment and not just concentrate on one of them. Diversification will help them to make money even if market is down for any one of them. This will help them to make returns rather than just be depended on a single product.

Many investor back to the gold investment because have waiting for one year bitcoin still not have progress to higher price, they have tired about how bitcoin price always dump, they take new way to back at gold investment because never have lower and dump price.

although appear new investment portofolio in finance industry, gold and silver will have their own place.they have fanatic investors that always buy it.but cryptocurrency one step closer be commodity.moreover after SEC approve etf, there will much large investor come to cryptocurrency market.

I think its because cryptocurrency not recognized yet as commodity or investment. If government recognized cryptocurrency is an investment, i think more people will invest in crypto. But gold already known for centuries and people can back to gold system if economic system always crash

I'd love if that were true and China might be diversifying its bond holdings into gold but USA if you meant to say they are net buyers of gold, thats not correct pretty sure.    We all know the story with the US fiscal budget for many years going back decades now is to run a deficit resulting in the highest levels of debt ever, even ww2 which made so many countries massively poorer did not see such complacency to debt as this.    

Gold is mined and sold, its not retained as an asset, the ratio of debt or dollars issued into circulation is far lower then previously for gold held.    Its possible US has its fort knox gold reserves still but they are tiny amount of total debt owed.     Almost all of the richest nations are relying on traded debt not the solid value in gold or similar

China, Russia and maybe India not sure but not many countries are increasing gold as a proportion of reserves.   Overall I've read government have been net buyers of gold but I think its a few buyers not a trend of many overall.  China as a communist nation had few reserves in gold apparently, now they have become the worlds largest producer of gold (formerly south africa) with no exports and also the worlds largest importer of gold if I remember right

The difference in gold and bitcoin is also evident from the way it is mining. Where gold must damage the environment to get it while bitcoin does not damage anything because it only requires energy like electricity to be able to mine it. I think someone has a different choice between investing in gold and bitcoin. For someone who wants an investment with physical evidence, he will choose to invest in gold, but if someone thinks that physical form is not needed, chances are he will choose bitcoin investment.

China and America are currently buying gold on a large scale, that is a question in my mind, the two most developed countries in world trade buy gold on a large scale.
maybe they are preparing something, maybe the biggest world crisis that is expected to happen soon, they are clearly preparing to face it.

gold is different from bitcoin, they are different worlds and their uses. if in the real world not everyone can have gold because the price is expensive because gold is stable and there must be capital to have it. if in the digital world bitcoin can be bought at cheap prices and sell it at high prices if the market is stable. I prefer to invest with bitcoin and it's comfortable here.

People always idolize gold as an investment and appearance, because the price increases are stable and certain.
Other investments such as cryptocurrency always experience price fluctuations which are very risky to experience losses, unlike gold. Gold investment is safer.

I fully agree with your point of view. And makes sense to switch between both in fact, even when it is not my personal preference to do so.

For now investors/traders are making sure to buy to take advantage of the next price rising. I personally don't like trading very much but i should probably start learning about it for the future.

It is certainly possible that people come back to gold in crisis due to it's intrinsic value, especially if you have your gold yourself in extreme cases.

Gold was not used directly in olden days mostly.   We might need to argue about silver coins (hence £Sterling) there but the majority of a population would never carry a gold coin.
   Theres no need to transport metal in every transaction to prove it took place, like now most bills were settled by account or notes.    We can certainly return to a system that references gold, the price would likely need to be 10,000 per ounce however in order that price of available gold in circulation would adequately describe and allow for world trade.
Jim Rickards discusses why 10,000 and not 5,000 and how the wrong price would cause upset like any bad exchange rate can to national commerce.

Going back to gold is not a return to the old west and gun fights at high noon, that might be the idea transfixed in peoples minds.   All it means is a fixed system of account not with debt produced by governments as the sole basis to money used by a population.    Its easy to see that the egos of national heads is not a stable basis for value and international business

Gold shares are a share of the company assets, presuming assets outweight debts that company would be holding gold in some proportion.   I get what you mean but its possible for a company share to be entirely 100% a pile of gold in a safe.   Its unlikely, most likely the gold mining firm owns land which contains raw gold possibly requires millions to extract it.   However its still gold in some form or another.
Debt or bonds legally supersedes a company share, so its very reliant on the company not owing more in debt then it can repay before creditors seize the company.  Obviously its not straight forward but many companies have a valid resource at $700 cost per ounce to extract, thats all normal so its gold in a long term holding.  It could even be superior to holding in a safe where it can be more easily taken

Well it looks like the return of gold is Herr again because the whole economy is facing lots of challenges and at that it was recorded that the America stock also suffered a great lose in recent time and at that what we are facing presently in the price of all commodities in the exchange market is also general and it sims gold is the only commodity with a stable price.

Seriously? Crypto better than Gold?  
FYI the money isn't backed by gold since Nixon president, it's maybe 40-50 years ago


In a "collapse" Gold may be the only utility people will need, and those who don't own will become poorer than the poors. Govts. may size the gold stored in banks vaults, not under your bed. People know this already that's why some store their gold in a country where it can't be sized (i.e Belgium & Switzerland for the EU)

Gold is convertible currency. Eventually we need immutable currency in rapidly changing situation

Gold is the best in how many years but why some investor go to coins like bitcoin, because they want to explore and try others much better. Yes it is risk but it is in high return in the future.

gold proved as good investment portofolio in long time.so no doubt if people back to gold as their portofolio.i think each investors have gold as their portofolio too, they dont buy it recently.

I don't think it is like that, gold has more users than in the past, and many believe it. gold is a consistent type of investment, so it's not surprising that many like it. but that does not mean investors return to gold