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Economy => Economics => Topic started by: arhipova on March 30, 2025, 03:50:32 AM



Title: Increasing dominance of gold
Post by: arhipova on March 30, 2025, 03:50:32 AM
I was watching a video where they told that now most countries are depositing gold as reserves instead of buying US dollar deposits. Does this mean that price of gold will be uncontrollable in coming years ? Is it going to affect the buying behavior related to gold for common people ?


Title: Re: Increasing dominance of gold
Post by: Hazink on March 30, 2025, 04:33:04 AM
Holding gold as a reserve is not a new thing; it's something that has always been happening over the years, especially now that many are looking for ways to limit their dependence on the United States dollar, a fiat currency which is being devalued every time it is not supposed to be held as a reserve. Its purchase value is dying off over time. Gold has been used as a reserve for decades now; even the US government are among the top holders.


Title: Re: Increasing dominance of gold
Post by: Despairo on March 30, 2025, 05:18:05 AM
People and governments are getting smarter.

Although dollar has lower inflation rate compared to most local fiat, but dollar is also fiat, it shouldn't be an investment. That's why I think they choose to buy gold instead, while people, old people choose to invest in gold while young generation prefer to invest in Bitcoin.

Yeah gold price is keep increasing, you can check the graph https://goldprice.org/

Gold is profitable than Bitcoin for now, but Bitcoin is better than gold in the long run.


Title: Re: Increasing dominance of gold
Post by: boyptc on March 30, 2025, 05:29:25 AM
I was watching a video where they told that now most countries are depositing gold as reserves instead of buying US dollar deposits. Does this mean that price of gold will be uncontrollable in coming years ? Is it going to affect the buying behavior related to gold for common people ?
That is the wise thing to do for most countries if they are going to increase their reserves through gold.

They are still for sure keeping a part of their reserve with US dollars.

But that is the wisest thing that they can do. Look at how few the sellers are of their gold reserves compared to the ones that dont do anything at all and just hold.


Title: Re: Increasing dominance of gold
Post by: Oshio-man on March 30, 2025, 06:35:48 AM
Gold price of today is different from the gold price of last five year which is the believe of gold investors that the price will turn to uncontrollable to create opportunity that will make gold investors to deposit more funds in gold than US dollar,  Don't believe on those social media rumors OP, that gold will be uncontrollable in the future, if you don't know you better know it now, that people have started reducing the amount of deposits they are depositing in gold, because they have found out that bitcoin investment is profitable than gold these days.


Title: Re: Increasing dominance of gold
Post by: Free Market Capitalist on March 30, 2025, 07:48:20 AM
Holding gold as a reserve is not a new thing; it's something that has always been happening over the years, especially now that many are looking for ways to limit their dependence on the United States dollar, a fiat currency which is being devalued every time it is not supposed to be held as a reserve. Its purchase value is dying off over time. Gold has been used as a reserve for decades now; even the US government are among the top holders.

That's right, now for me the main question is whether something similar is going to happen with bitcoin. If central banks in the next few years are going to start holding bitcoins in their reserves, via bitcoin strategic reserve or otherwise, in the same way that they have long been holding gold, which they have been increasing for the most part in recent years.


Title: Re: Increasing dominance of gold
Post by: Unknown Op on March 30, 2025, 09:20:06 AM
I was watching a video where they told that now most countries are depositing gold as reserves instead of buying US dollar deposits. Does this mean that price of gold will be uncontrollable in coming years ? Is it going to affect the buying behavior related to gold for common people ?
Gold market is volatile and and we will see big pump in this price because it is limited on earth and there is less mining. But there could be risk because if someone is investing money for few days because there could be loss and we are watching yearly holidays due to which people will withdraw their money and price of gold could be low in next days. But one should do research well before investing in anything because no one can guarantee your success in online invest and people should read books about that and I think it is high risk strategy but many people want to play online and want to lose money because they have huge amount of money.When there will be next level learning you will be successful in the future.


Title: Re: Increasing dominance of gold
Post by: landheer on March 30, 2025, 09:56:04 AM
Holding gold as a reserve is not a new thing; it's something that has always been happening over the years, especially now that many are looking for ways to limit their dependence on the United States dollar, a fiat currency which is being devalued every time it is not supposed to be held as a reserve. Its purchase value is dying off over time. Gold has been used as a reserve for decades now; even the US government are among the top holders.
Yes, it is true that gold is used as a reserve or stored, which is mostly in the form of gold bars and is used to protect oneself from the economic crisis, which may occur especially if difficulties strike in the future, or to overcome dependence on the  dollar as, and indeed gold is a symbol of wealth for countries that have and store a lot of it and it is easy to use for economic strategies.


Title: Re: Increasing dominance of gold
Post by: peter0425 on March 30, 2025, 10:19:47 AM
People and governments are getting smarter.
More like the US dollar are expected to collapse soon. People are now looking for other assets to put into their reserves other than the US dollar.
Quote
That's why I think they choose to buy gold instead, while people, old people choose to invest in gold while young generation prefer to invest in Bitcoin.
There are still many old people who are into bitcoin. The government are just sticking with gold for now because it is less volatile than bitcoin and as have mentioned gold has been part of countries' reserve for a long time. Even before bitcoin was in the picture.


Title: Re: Increasing dominance of gold
Post by: Fortify on March 30, 2025, 10:45:21 AM
I was watching a video where they told that now most countries are depositing gold as reserves instead of buying US dollar deposits. Does this mean that price of gold will be uncontrollable in coming years ? Is it going to affect the buying behavior related to gold for common people ?

Countries like Russia and China, were buyers of US government bonds for a long time but this has started to shift in the last couple decades. Holding US bonds in your foreign exchange reserves traditionally gave your own currency a bit more stability and credibility, but these countries held them rather begrudgingly because America was always a bit of an adversary at best. Now with the Ukraine war and China trying to exert more dominance, along with political tension in the USA, these bonds while still reliable are looking less tempting to buyers. China is also often producing less of a surplus now as it tries to increase internal spending. Gold has always been a way to store value and all these things, plus increasing individual consumer buyers in the market, is causing prices to keep going up.


Title: Re: Increasing dominance of gold
Post by: DeathAngel on March 30, 2025, 11:01:17 AM
Gold does well in times of financial concern worldwide. The reason gold is going up so much is because it is seen as a risk of asset. People are selling stocks, crypto & anything they can basically. They are rotating into dollars & gold. The main cause of this is Trump’s tariffs & the threat of a worldwide trade war. We will know more in a month or so how the financial climate is heading.


Title: Re: Increasing dominance of gold
Post by: davis196 on March 30, 2025, 11:16:02 AM
I was watching a video where they told that now most countries are depositing gold as reserves instead of buying US dollar deposits. Does this mean that price of gold will be uncontrollable in coming years ? Is it going to affect the buying behavior related to gold for common people ?

I don't think that the price of Gold would ever become "uncontrollable", but hitting a gold price of 3,000 USD per troy ounce is definitely achievable and it will happen for sure. The USD will keep losing it's global dominance and Trump can't do anything to stop this process.
Will this affect buying behavior of regular people? Of course it will. Everyone wants to buy a "safe heaven" asset, which price is expected to grow in the next few years. I still don't consider Bitcoin to be a "safe heaven" asset. BTC will remain volatile and it will move the same way as stocks and other volatile assets.


Title: Re: Increasing dominance of gold
Post by: hyudien on March 30, 2025, 11:34:53 AM
Storing gold as a reserve has been done for a long time and currently gold is again in demand by the community and the country this is because its price continues to increase. There is some speculation that the price of gold will continue to increase in the future and this is also what has triggered it lately but even though the risk level of storing gold as a reserve is quite low the level of profit that will be obtained is also not too much, I still think that investing our finances in bitcoin is better in terms of gaining profit.


Title: Re: Increasing dominance of gold
Post by: Marvell1 on March 30, 2025, 12:07:56 PM
Storing gold as a reserve has been done for a long time and currently gold is again in demand by the community and the country this is because its price continues to increase. There is some speculation that the price of gold will continue to increase in the future and this is also what has triggered it lately but even though the risk level of storing gold as a reserve is quite low the level of profit that will be obtained is also not too much, I still think that investing our finances in bitcoin is better in terms of gaining profit.

But high returns come with high risks and not everyone is willing to take risks, so investing in gold is more ideal for those who prefer safety.

Those who invest in bitcoin mainly want to get rich quick with their modest capital. But for those who already have large assets and value safety over returns, gold is a better choice. Many of us do not like to invest in gold and choose bitcoin, but I believe that when we have a large amount of assets, we will switch to gold because no investment can surpass gold in terms of safety.


Title: Re: Increasing dominance of gold
Post by: Pablo-wood on March 30, 2025, 04:24:05 PM
Gold reserves has been a long time strategy for inflation hedging. As the economic situation worsens people are sourcing ways they can secure the future so they don't go broke when things gets more expensive. Unlike Bitcoin which has higher risk due to it's decentralised nature and extrinsic value. Gold on the other hand has an inverse relationship with the US Dollar and has lesser risk factors.


For physical gold over the years it might become more expensive for the common man to afford. When the demand increases the will be increase in purchasing power and those who can't afford them will have be left out. But for digital gold I believe even after many years the poor masses should be able to afford them no matter how much it's value increases to


Title: Re: Increasing dominance of gold
Post by: bittraffic on March 30, 2025, 07:05:20 PM
Gold reserves has been a long time strategy for inflation hedging. As the economic situation worsens people are sourcing ways they can secure the future so they don't go broke when things gets more expensive. Unlike Bitcoin which has higher risk due to it's decentralised nature and extrinsic value. Gold on the other hand has an inverse relationship with the US Dollar and has lesser risk factors.


For physical gold over the years it might become more expensive for the common man to afford. When the demand increases the will be increase in purchasing power and those who can't afford them will have be left out. But for digital gold I believe even after many years the poor masses should be able to afford them no matter how much it's value increases to

Its not just about the economic situation they are worried now. They are preparing for war as it has been on the news that EU is preparing their people on what do do in case of war. Gold has much to do during war times I think and this is why economic power houses are buying gold like crazy like China.

Peter Schiff been trying to debate about Gold vs Bitcoin since and now he think he really was right about his words. Last year Gold is just $1700 but now its more than $3000. This is got to be a vindication for him.

Some day the government will reevaluate Gold and once again and return to gold back curency.


Title: Re: Increasing dominance of gold
Post by: ChiBitCTy on March 30, 2025, 08:08:08 PM
I was watching a video where they told that now most countries are depositing gold as reserves instead of buying US dollar deposits. Does this mean that price of gold will be uncontrollable in coming years ? Is it going to affect the buying behavior related to gold for common people ?

Do you have any factual data/studied or proof of this?  I am not so sure this is true.  However I still understand that gold is in abundance, and not as super rare as we like to make it out to be.  Let's also not forget what gold is used for in today's society.  A large portion of it is used for jewelry, giving it a "perceived value".  The value the US dollar bring is not "perceived" it is backed by a nation with a very strong society, despite all the insanity of late, the strongest yet and still.


Title: Re: Increasing dominance of gold
Post by: Gozie51 on March 30, 2025, 09:27:25 PM
I was watching a video where they told that now most countries are depositing gold as reserves instead of buying US dollar deposits. Does this mean that price of gold will be uncontrollable in coming years ? Is it going to affect the buying behavior related to gold for common people ?

If anything with op's story is something to go by, I think this is more like what is going on with the US government of reserving btc as part of their hodling. If bitcoin is held and now gold which could create a kind of volatility. Gold, even though in abundant but I believe it will create some more value. How do dollar create its own volatility being a fiat and less volatile. Will the US government seize some notes to also create a kind of scarcity.
What will be the effect ?

If gold becomes a reserve commodity as well, it will create artificial scarcity and the byproducts of gold like jewelry etc too will become expensive.


Title: Re: Increasing dominance of gold
Post by: Lucius on March 31, 2025, 01:56:07 PM
More like the US dollar are expected to collapse soon. People are now looking for other assets to put into their reserves other than the US dollar.
~snip~


We hear about it our whole lives, our parents hear about it their whole lives and so on back who knows how far - and the USD is still the main world currency, and if anyone thinks that will change in the near future I think they are deeply mistaken. The US will defend its currency by force if necessary, and the people (nations) know well what happens to those who disobey.



~snip~
Peter Schiff been trying to debate about Gold vs Bitcoin since and now he think he really was right about his words. Last year Gold is just $1700 but now its more than $3000. This is got to be a vindication for him.


Imagine if you had listened to that BTC critic back there somewhere from 2015 onwards, how much would you be in profit today? And imagine that in the same year you bought only 1 BTC for $200 and saved it until today? He is not a wise man and an expert, but an ordinary parasite who talks nonsense for years in order to get as rich as possible, while some naive people celebrate him as a successful man.

On CNBC’s “Futures Now” Thursday, Peter Schiff stood behind his previous call that gold will reach $5,000. “It’s still going to go there,” said Schiff when he was asked about his uber-bullish prediction. “I don’t think there’s that much downside [in gold] because I think most of this is already built into the price,” he added.


Title: Re: Increasing dominance of gold
Post by: Smartprofit on March 31, 2025, 04:45:50 PM
I was watching a video where they told that now most countries are depositing gold as reserves instead of buying US dollar deposits. Does this mean that price of gold will be uncontrollable in coming years ? Is it going to affect the buying behavior related to gold for common people ?

Do you have any factual data/studied or proof of this?  I am not so sure this is true.  However I still understand that gold is in abundance, and not as super rare as we like to make it out to be.  Let's also not forget what gold is used for in today's society.  A large portion of it is used for jewelry, giving it a "perceived value".  The value the US dollar bring is not "perceived" it is backed by a nation with a very strong society, despite all the insanity of late, the strongest yet and still.

The question is not whether there is much gold in the world or not. Gold is contained even in sea water, though in microscopic quantities.

But in order to turn this gold into gold bars, you need to do a lot of work and spend a lot of money. In essence, this is "proof of work", the same PoW consensus algorithm. This is why gold has fundamental value.

Most of the gold is not in jewelry, but in the form of bars in the gold and foreign exchange reserves of central banks of various countries.

If these central banks decide to sell this gold (for example, to buy Bitcoin), the price of gold will collapse several times.


Title: Re: Increasing dominance of gold
Post by: Zoomic on March 31, 2025, 05:23:27 PM
I was watching a video where they told that now most countries are depositing gold as reserves instead of buying US dollar deposits. Does this mean that price of gold will be uncontrollable in coming years ? Is it going to affect the buying behavior related to gold for common people ?
This is not just about the price of gold becoming uncontrollable in the future. Countries that choose to invest in gold instead of the US dollar are very smart. Every sane person knows that gold retains value better than the dollar. We can already see what is going on right now in most countries, many are already considering having crypto reserves. All these are better alternatives to the dollar, which is subject to inflation.

Countries that are intentional about the state of their economy will seek means to make the future better than the present. We shouldn't be surprised that countries are going for better alternatives that will preserve value for years because fiat, at this point, is no longer a solution.


Title: Re: Increasing dominance of gold
Post by: AVE5 on March 31, 2025, 05:24:53 PM
I was watching a video where they told that now most countries are depositing gold as reserves instead of buying US dollar deposits. Does this mean that price of gold will be uncontrollable in coming years ? Is it going to affect the buying behavior related to gold for common people ?

There's a geopolitical economy sentiments which the US has solely strived on being ontop of the world power. Meanwhile there're lot of countries with potential resources that're to compete or even overtake the US.
So some of those influential countries has tends to boycott the promotion of the USD in regards that they're not in good economy terms with the US economy.
While the US tends to cripple those countries economy, they also have that terms of overriding the USD so that the US economy can go down for them to take place.
The reason to why bitcoin hasn't been accepted or talked about in most global economy countries is the peg of the USD.
That's why it's in anticipation of some of the countries that bitcoin should have it own stable coin that shouldn't be of any countries currency. Maybe there about it'll end the global economy sentiments of bitcoin where it absolutely becomes a no capital territory because as it now, the approval of bitcoin in the US and the USD know for the USDT stable coin on bitcoin have an overall sentiments.
This could just be one reason why gold is preferred than bitcoin by those countries in the case of federal or economy reserve.


Title: Re: Increasing dominance of gold
Post by: Hazink on March 31, 2025, 07:11:28 PM
That's right, now for me the main question is whether something similar is going to happen with bitcoin. If central banks in the next few years are going to start holding bitcoins in their reserves, via bitcoin strategic reserve or otherwise, in the same way that they have long been holding gold, which they have been increasing for the most part in recent years.
Central banks might start taking that same route with Bitcoin, but they won't do it with the same speed and efficiency as they did with gold over the years. But they can use the same strategy since most country governments, like the US government during their early stage of gold accumulation, use strategies like fixing the price for gold, which is not possible for them to do with Bitcoin.

But they can use other methods that won't necessarily require them to use reserved funds or exchange their already existing gold before they can get bitcoin. They can make options like accepting bitcoin for tax and tariff, but I doubt that will happen anytime soon as there are many political players that will stop them from taking that path, but let's wait and see what will happen in the coming years.


Title: Re: Increasing dominance of gold
Post by: Fortify on March 31, 2025, 07:49:09 PM
I was watching a video where they told that now most countries are depositing gold as reserves instead of buying US dollar deposits. Does this mean that price of gold will be uncontrollable in coming years ? Is it going to affect the buying behavior related to gold for common people ?

Just now? Not really, as countries have been using gold since it was first discovered as a means to store value and diversify away from just holding the debt of other countries. You're just seeing gold in the news a lot more now because there are a variety of factors causing it to spike - countries like Russia and China are stocking up more because they have fewer outlets for foreign currency reserves, there is an ever present demand from some cultures and countries like India, along with the massive volatility that is caused by Trump's random announcements every other day that means the stock market is taking a pounding. It seems inevitable now that it will continue to drift upwards as investors use it as a "flight to safety".


Title: Re: Increasing dominance of gold
Post by: Bitcoin Smith on March 31, 2025, 08:20:49 PM
I was watching a video where they told that now most countries are depositing gold as reserves instead of buying US dollar deposits. Does this mean that price of gold will be uncontrollable in coming years ? Is it going to affect the buying behavior related to gold for common people ?
Countries does that all the time and it's nothing new, what might be happening is they started to prefer gold than USD in the recent days which might be due to the inflation on usd value is contributing factor to that and also US is sanctioning or tarrif to countries which retaliate by making this move to lose the dominance of US in the Geo political picture.


Title: Re: Increasing dominance of gold
Post by: TheUltraElite on April 01, 2025, 07:55:05 AM
I was watching a video where they told that now most countries are depositing gold as reserves instead of buying US dollar deposits. Does this mean that price of gold will be uncontrollable in coming years ? Is it going to affect the buying behavior related to gold for common people ?
Gold will always maintain itself as an asset. It is one of the assets that has a good long term value.

Now this is a bitcoin forum and the views will be skewed toward BTC. However try asking the same question to the common public and see the vivid reversal of skewness.

Bitcoin is also a good reserve, hence what I suggest is that keep both of them. Both have their own pros and cons - your best option is if you own both of them whatever the world does to it will become your advantage then.


Title: Re: Increasing dominance of gold
Post by: Minor Miner on April 01, 2025, 09:41:28 AM


The question is not whether there is much gold in the world or not. Gold is contained even in sea water, though in microscopic quantities.

But in order to turn this gold into gold bars, you need to do a lot of work and spend a lot of money. In essence, this is "proof of work", the same PoW consensus algorithm. This is why gold has fundamental value.

Finding, mining and processing gold is extremely expensive and time consuming. That is why for over 1000 years, humans have not yet mined all the gold on the earth's surface, let alone elsewhere.

Most of the gold is not in jewelry, but in the form of bars in the gold and foreign exchange reserves of central banks of various countries.

In addition to being used as national gold reserves and jewelry, gold is also used in almost every industry and field in the world. Such as medical, culinary, electronics...That is also the reason why the demand for gold is never enough even though the world has mined 216,265 tons of gold.

If these central banks decide to sell this gold (for example, to buy Bitcoin), the price of gold will collapse several times.

This is not going to happen anytime soon or even ever because central banks holding gold is because it is stable and safe. Meanwhile, bitcoin is highly volatile, prone to dumping, manipulation...it does not suit the needs of central banks. So the scenario where banks will sell gold to buy bitcoin is just a rumor and not realistic.


Title: Re: Increasing dominance of gold
Post by: EarnOnVictor on April 01, 2025, 12:02:12 PM
I was watching a video where they told that now most countries are depositing gold as reserves instead of buying US dollar deposits. Does this mean that price of gold will be uncontrollable in coming years ?
I've always said that Gold is the real deal, you don't bet on or invest in it for centuries and regret your decision. I don't see it as a surprise for countries pumping money into Gold, and both individuals and companies are pumping their money into it as well because nothing is safer than Gold at the moment.

And of course, Trump is a major reason, he is rekindling unnecessary war that would lead to economic turmoil, so people are looking for where to keep their stack of money from depreciation. However, this will not be uncontrollable or cause inflation as you feared and that's why Gold's price structure was well-planned, it's a compressed commodity.


Title: Re: Increasing dominance of gold
Post by: asarfiar on April 02, 2025, 07:36:46 AM
I was watching a video where they told that now most countries are depositing gold as reserves instead of buying US dollar deposits. Does this mean that price of gold will be uncontrollable in coming years ? Is it going to affect the buying behavior related to gold for common people ?
From the primitive era to the modern age and the  of gold in the future, the demand for gold will continue to increase. We are investing in Bitcoin and waiting for a big ATH after the long -term. In addition to Bitcoin, you can store gold The use of gold is more than all countries of the world Common In some developed countries of the world, especially China, Russia has become very interested in storing gold Several days ago, the price of gold was quite satisfactory, but now the price has increased so much that people are out of touch.

Gold is the most used in every country in the world. So its natural resources are called the stir of the world. On the other hand, with gold, we refer to Bitcoin as digital gold because I would say that Bitcoin is growing in all countries of the world in a very short time, and we can even assume that Bitcoin will reach the highest peak in the future.


Title: Re: Increasing dominance of gold
Post by: landheer on April 02, 2025, 08:06:45 AM

I was watching a video where they told that now most countries are depositing gold as reserves instead of buying US dollar deposits. Does this mean that price of gold will be uncontrollable in coming years ? Is it going to affect the buying behavior related to gold for common people ?
I think gold has been a special attraction since gold was discovered until now, in general people choose gold to in storage because it is considered profitable because of its high selling price, and that continues and becomes commonplace as well as their countries save gold because it is more valuable than dolars, because of its belief as a tool whose value is not eaten by time and can support when a financial crisis occurs.


Title: Re: Increasing dominance of gold
Post by: Republikcoin.com on April 02, 2025, 08:41:56 AM
I was watching a video where they told that now most countries are depositing gold as reserves instead of buying US dollar deposits. Does this mean that price of gold will be uncontrollable in coming years ? Is it going to affect the buying behavior related to gold for common people ?
It could be that this will affect the behavior of the world's people in becoming more gold buyers because I also see that gold prices have often soared slowly lately without stopping and this could be because some countries already believe more in gold than in fiat currencies such as the US dollar. Moreover, some governments in developed countries are also quite aware that holding any fiat money will not increase its value which even has the potential to decrease in value during inflation. So the steps taken by some countries in choosing gold as their asset reserves are quite wise steps rather than just holding money like the US dollar.


Title: Re: Increasing dominance of gold
Post by: Tipstar on April 02, 2025, 08:58:00 AM
I was watching a video where they told that now most countries are depositing gold as reserves instead of buying US dollar deposits. Does this mean that price of gold will be uncontrollable in coming years ? Is it going to affect the buying behavior related to gold for common people ?

Gold is an important reserve assets. Specially when the dominance of dollar is shaking, its good for countries to store gold but for common people, it might not have much effect as the governments strategically buy the gold without generating a sharp price hike.
I have watched another recent video that claims that new gold mines are found in several countries (specially in China, India and Pakistan) which surpassed by multiple folds the amount of gold we expected to exist. So basically there is more gold in the earth than we thought.
Though it might not lead to fall of gold price, it could limit the rate at which gold is increasing in price. If all people jumped into gold as an investment, they could go sad with the lackluster growth it might yield.


Title: Re: Increasing dominance of gold
Post by: Hanadawa on April 02, 2025, 09:35:00 AM
I was watching a video where they told that now most countries are depositing gold as reserves instead of buying US dollar deposits. Does this mean that price of gold will be uncontrollable in coming years ? Is it going to affect the buying behavior related to gold for common people ?
It could be that this will affect the behavior of the world's people in becoming more gold buyers because I also see that gold prices have often soared slowly lately without stopping and this could be because some countries already believe more in gold than in fiat currencies such as the US dollar. Moreover, some governments in developed countries are also quite aware that holding any fiat money will not increase its value which even has the potential to decrease in value during inflation. So the steps taken by some countries in choosing gold as their asset reserves are quite wise steps rather than just holding money like the US dollar.
I think there are actually many countries that are thinking about holding gold as a foreign exchange reserve rather than holding dollars. And in recent years many countries have realized that dollars are just pieces of paper that are printed as much as the Fed wants and that means dollars will continue to cause inflation. But on the other hand I think the reason why many countries still hold dollars is because international transactions only accept dollars as a medium of exchange. Maybe more precisely 90% of international transactions only accept dollars. This makes holding all state assets in the form of gold inefficient because to import they have to sell gold for dollars. But some countries with strong economies like China can choose gold because they don't have much dependence on other countries. I think if in the future people can do international transactions using crypto like stablecoins then the dominance of the dollar will collapse. -cmiiw


Title: Re: Increasing dominance of gold
Post by: Roseline492 on April 02, 2025, 09:44:20 AM
I was watching a video where they told that now most countries are depositing gold as reserves instead of buying US dollar deposits. Does this mean that price of gold will be uncontrollable in coming years ? Is it going to affect the buying behavior related to gold for common people ?

Gold is an important assets and is not now it started that way, from the beginning people has been investing on it based on the potential it has, actually is going to increase more further when countries are using it as reserve because the demand will be very high and a lot of people will not longer see it as small scale investment if it was how they think of it, though it may not increase beyond control because is just like how Bitcoin has been made as a reserve for United State and the price increases but not to an extent we would say the price has extremely skyrocketed, so actually the more countries are using gold for reserve that's the more they are  giving value to it.


Title: Re: Increasing dominance of gold
Post by: lizarder on April 02, 2025, 11:03:34 AM
I was watching a video where they told that now most countries are depositing gold as reserves instead of buying US dollar deposits. Does this mean that price of gold will be uncontrollable in coming years ? Is it going to affect the buying behavior related to gold for common people ? 
Previously there were many countries that made gold as a reserve and we rarely saw countries that held dollars or their respective fiat currencies as a practical step. Gold is still stable enough to store value that's why some countries make gold reserves. In decades gold has become an asset that is able to maintain its value so stable even though the return on profit is not much better than bitcoin as it is now.

Recently gold has experienced a significant increase in price in the last few days and I see many people trying to take advantage of this condition to make a profit and generally in an individual capacity many people around me are selling gold to make a profit.


Title: Re: Increasing dominance of gold
Post by: Ricardo11 on April 02, 2025, 03:32:37 PM
I was watching a video where they told that now most countries are depositing gold as reserves instead of buying US dollar deposits. Does this mean that price of gold will be uncontrollable in coming years ? Is it going to affect the buying behavior related to gold for common people ? 
Previously there were many countries that made gold as a reserve and we rarely saw countries that held dollars or their respective fiat currencies as a practical step. Gold is still stable enough to store value that's why some countries make gold reserves. In decades gold has become an asset that is able to maintain its value so stable even though the return on profit is not much better than bitcoin as it is now.

Recently gold has experienced a significant increase in price in the last few days and I see many people trying to take advantage of this condition to make a profit and generally in an individual capacity many people around me are selling gold to make a profit.
Gold is an investment where most investors want to preserve their wealth in gold during times of inflation. Gold is a stable investment, although it gives low returns in the long run, it will keep your wealth safer than most.
But if you can afford to hold your wealth for the next 10-12 years (which will be completely uninterrupted), then that investor can definitely invest in Bitcoin. Bitcoin is going to leave gold far behind in the next few years, which is very likely.
Bitcoin will definitely go to a much bigger level in the future. Therefore, instead of making decisions based only on the current volatile market situation, the best strategy is to continue investing with a long-term view, believing in the real potential of Bitcoin.


Title: Re: Increasing dominance of gold
Post by: franky1 on April 02, 2025, 05:44:54 PM
things to note about gold in the next 40 years
within 20 years the mars colony and moon base plans will be active. meaning shipments of 100tonne refined gold could be returning to earth any time after that. causing golds market to react

this is where bitcoin which has a 21m cap and already at the 19.84m of the 21m currently, which offers better future potential of the demand and market price of deflation for inheritance plans

long term economists also dont see gold going the way of continual new ATH to multiply the price multiple times in the long term

so some people usually planning on the long term hoard of gold for inheritance to their offspring, are divesting away from gold now, knowing its not going to be a good inheritance asset for their offspring in the future. as the reserve/supply limits will change long term where the scarcity aspect of gold gets less scarce
even central banks are rethinking their 20-50year reserve strategies away from gold


Title: Re: Increasing dominance of gold
Post by: d5000 on April 03, 2025, 01:20:43 AM
Does this mean that price of gold will be uncontrollable in coming years ?
I believe gold is currently in a FOMO phase, not unlike to the situation in 2020 and the late 2000s. This of course also influences central banks' decisions to hoard gold instead of US dollars.

The price increase is fueled by international tensions, as it always was used as a "crisis-resistant asset" or "contrarian asset", which often goes up in times of fear of a bear market in stocks. The uncertainty since Trump has taken over the US presidency could have fueled the gold price further: first because of the uncertainty of the outcome of his policy regarding the Ukraine war (and possible other tensions with Iran, the Middle East and China), but also because of his inflationary tariff policy which could debilitate the US dollar's price.

But gold tends to deflate eventually again. See the 2010s and also the 1980s/90s when the price went down. So I don't think it will become "uncontrollable". If it rises significantly higher it's also likely that this will strengthen competitors like silver and, maybe, Bitcoin.


Title: Re: Increasing dominance of gold
Post by: LDL on April 03, 2025, 01:38:01 AM
I was watching a video where they told that now most countries are depositing gold as reserves instead of buying US dollar deposits. Does this mean that price of gold will be uncontrollable in coming years ? Is it going to affect the buying behavior related to gold for common people ?
Fiat currencies have a much higher inflation rate, while physical assets and Bitcoin have a lower inflation rate. However, for the current generation, Bitcoin is more important than gold. However, investing in gold will definitely yield higher profits, whether it is long-term or short-term. However, Bitcoin's profits will be higher than gold if the investor holds Bitcoin for the long term. However, long-term investment requires proper planning. In such bearish, bull market conditions, many investors are afraid of holding Bitcoin for a long time. However, in the case of gold, this fear index is much lower, due to which the current generation is giving more importance to gold, as a result, the dominance of the gold market is increasing compared to before.


Title: Re: Increasing dominance of gold
Post by: Negotiation on April 03, 2025, 02:20:14 AM
If there is a global recession or other economic instability gold can be seen as a safe haven which can cause the price of gold to rise. Fiat currencies such as the US dollar are completely dependent on government decisions and central bank policies. So if a country's government prints excess currency or creates high inflation the value of that country's currency can decline. This is why some countries are choosing gold as their reserve because the value of gold is historically more stable and it is a valuable asset that is largely protected from the effects of inflation or currency depreciation.


Title: Re: Increasing dominance of gold
Post by: fuguebtc on April 03, 2025, 04:32:46 AM
things to note about gold in the next 40 years
within 20 years the mars colony and moon base plans will be active. meaning shipments of 100tonne refined gold could be returning to earth any time after that. causing golds market to react

this is where bitcoin which has a 21m cap and already at the 19.84m of the 21m currently, which offers better future potential of the demand and market price of deflation for inheritance plans

long term economists also dont see gold going the way of continual new ATH to multiply the price multiple times in the long term

so some people usually planning on the long term hoard of gold for inheritance to their offspring, are divesting away from gold now, knowing its not going to be a good inheritance asset for their offspring in the future. as the reserve/supply limits will change long term where the scarcity aspect of gold gets less scarce
even central banks are rethinking their 20-50year reserve strategies away from gold

According to reports, although humans have discovered gold mines in Antarctica or under the ocean, so far we do not seem to have enough technology to mine them, let alone mine gold from other planets and bring it back to Earth. Even if that happens and increases the supply of gold but at a higher cost of mining, it does not make gold any less valuable. Like what is happening, every year we add 2,500-3,000 tons of gold to the supply but the price still tends to increase, not decrease as many people think.
Not to mention, gold is applied and used in almost every industry in the world, meaning the demand for gold is not limited to investment assets. So increasing the supply of gold will only make gold bigger and more attractive, not less attractive.

I don't know how far bitcoin can go and what achievements it will achieve next, but it's still too early to say that bitcoin will replace gold. But the future of gold, it is definitely still the top choice when it comes to safe haven or store of value.


Title: Re: Increasing dominance of gold
Post by: shinratensei_ on April 03, 2025, 07:47:37 AM
I was watching a video where they told that now most countries are depositing gold as reserves instead of buying US dollar deposits. Does this mean that price of gold will be uncontrollable in coming years ? Is it going to affect the buying behavior related to gold for common people ?
It's basically what they've been doing every time there's something like tariff, or any geopolitical conflict and economical conflict arise.
Because the market cap of gold is so huge then can easily buy or sell their gold holdings, as well as the fact that gold is being branded as hedge against inflation, does help a lot in making gold grow so much this decade.
The fact that this will also cause another gold rush and countries are digging to explore gold mine, I think eventually the supply will make up for the demand and price will stabilize in the future.


Title: Re: Increasing dominance of gold
Post by: lizarder on April 03, 2025, 09:53:54 AM
Gold is an investment where most investors want to preserve their wealth in gold during times of inflation. Gold is a stable investment, although it gives low returns in the long run, it will keep your wealth safer than most.
But if you can afford to hold your wealth for the next 10-12 years (which will be completely uninterrupted), then that investor can definitely invest in Bitcoin. Bitcoin is going to leave gold far behind in the next few years, which is very likely.
Bitcoin will definitely go to a much bigger level in the future. Therefore, instead of making decisions based only on the current volatile market situation, the best strategy is to continue investing with a long-term view, believing in the real potential of Bitcoin.
Gold is indeed a choice for some investors because its durability in storing value makes gold a good choice. In the past and now gold is still quite popular and I see many people who store gold as an investment step taken. After bitcoin became as strong as it is now, many people started to switch even though some people still store gold. Bitcoin can give much faster returns even though it is quite speculative and people realize almost many similarities in storing value.

Long term is the best choice in investing because bitcoin always has a four-year cycle that can provide much more maximum profits. As long as people can avoid panicking about market movements, holding bitcoin is also a much better choice in the future.


Title: Re: Increasing dominance of gold
Post by: Zigabel on April 03, 2025, 02:32:55 PM
I was watching a video where they told that now most countries are depositing gold as reserves instead of buying US dollar deposits. Does this mean that price of gold will be uncontrollable in coming years ? Is it going to affect the buying behavior related to gold for common people ?
A gold reserve has been one of the oldest forms of a reserve by many countries much longer before now, it can been considered as one of the oldest and earliest forms of a reserve adopted by most countries in much more earlier years before now. Gold ahs got this valuability that makes it a store of values as its price over time is in continuous appreciation and that show and makes it a good store of values and the the acceptability that comes with it is another reason it becomes something almost every country wants to have a reserve with it. somehow you can consider Gold a s a universal currency in that its generally acceptable in almost anywhere  you go in the world, people are always almost ready to accept gold as a good exchange for value either monetarily or for services and so it makes its valuability one that remains attractive and gives any country a reason to have it in their reserve and definitely the more countries that gets it to their reserve, the more the price will increase and the behavioral pattern of purchase will be affected too.


Title: Re: Increasing dominance of gold
Post by: tygeade on April 03, 2025, 08:46:53 PM
In the past and now gold is still quite popular and I see many people who store gold as an investment step taken. After bitcoin became as strong as it is now, many people started to switch even though some people still store gold. Bitcoin can give much faster returns even though it is quite speculative and people realize almost many similarities in storing value.
In the past, gold is more popular because there are still less competitions but now, we already have Bitcoin and others. Although people are now more inclined into investing nowadays. I'm sure Bitcoin and cryptos has a great contribution to that. I already know gold before but I'm not really into it but ever since I'm into Bitcoin, it allows me to be mature about investing and considering other options. One of that of course is gold.

Long term is the best choice in investing because bitcoin always has a four-year cycle that can provide much more maximum profits.
If you have a patience yeah but for those who lacks on it, they can also say that short-term is the best. They still can participate on that 4-yr cycle you said there by timing their moves and join only when it is now about to start or finish.


Title: Re: Increasing dominance of gold
Post by: ITExpert on April 03, 2025, 10:02:27 PM
If there is a global recession or other economic instability gold can be seen as a safe haven which can cause the price of gold to rise. Fiat currencies such as the US dollar are completely dependent on government decisions and central bank policies. So if a country's government prints excess currency or creates high inflation the value of that country's currency can decline. This is why some countries are choosing gold as their reserve because the value of gold is historically more stable and it is a valuable asset that is largely protected from the effects of inflation or currency depreciation.
This is also a good and economical source because it is also quite profitable and people earn a lot of money from it. If we look at gold, putting other things aside, it has also gone up quite a bit at the moment, which costs a lot of money to buy and with it, a lot of money can be earned for a long time.Gold is often seen as a tool to protect against inflation Rising inflation can undermine the value of cash and fix interest rate assets like treasury bonds. Holding gold protects against such capital loss in the face of rising inflation because the price of gold tends to rise as the real values of these other assets fall.This is a combination of the two. If these go up and down, gold also goes up and down, but its marketing does not show such a drop. However, if there is a sufficient amount of gold, it can yield a lot of profit.


Title: Re: Increasing dominance of gold
Post by: kryptqnick on April 04, 2025, 12:00:10 PM
If we look at the future, gold reserves will likely continue to play an important role in the global economy. It's natural to depend on gold, as it's been around for much longer than any current fiat currency. Not to mention that Trump Administration's activities do not exactly invoke a sense of reliability and trust.

Bitcoin is more profitable, but also way more volatile. The USD is fiat, so it loses value on a yearly basis, and people can be legitimately concerned that it will lose much more value than usual.


Title: Re: Increasing dominance of gold
Post by: lizarder on April 04, 2025, 01:08:27 PM
In the past, gold is more popular because there are still less competitions but now, we already have Bitcoin and others. Although people are now more inclined into investing nowadays. I'm sure Bitcoin and cryptos has a great contribution to that. I already know gold before but I'm not really into it but ever since I'm into Bitcoin, it allows me to be mature about investing and considering other options. One of that of course is gold.
Gold has a much larger capitalization compared to bitcoin so gold is still the choice of many people in making investments, it's just that the development of the times has begun to show something different and the presence of bitcoin provides an opportunity for many people to achieve much more maximum profits. Most people like gold even though the returns are not as good as bitcoin, gold is much more stable so for people who don't dare to take risks will consider gold as the investment step of choice.

If you have a patience yeah but for those who lacks on it, they can also say that short-term is the best. They still can participate on that 4-yr cycle you said there by timing their moves and join only when it is now about to start or finish.
Long term or short term can be adjusted according to the capital capacity owned to generate profits, but long term is much better because it will get a much greater return. The four-year cycle is something to look forward to because it shows the strength of the return from the investment process being undertaken.


Title: Re: Increasing dominance of gold
Post by: Muba20 on April 04, 2025, 01:09:03 PM
People's interest in gold is not new. Due to various negative comments made about the dollar in recent times, people have become more focused on gold. They think that if the dollar loses its value, they can face major losses. Moreover, the lack of certainty about it is also a big reason. When people lose confidence in something, they prefer to invest in something where the profit is low but there is no possibility of loss. Even though gold cannot give big returns in the long term, people's confidence in gold is increasing and even the governments of some countries are planning to reserve gold. Due to which the price of gold is increasing.

Who consider gold as a source of long-term investment can definitely benefit several times more than gold if they hold Bitcoin instead of investing in gold. People have not yet gained complete confidence in digital assets. People are gradually increasing their investment in Bitcoin. Meanwhile, the global demand for Bitcoin has increased significantly and will continue to do so in the future.


Title: Re: Increasing dominance of gold
Post by: slapper on April 04, 2025, 03:22:36 PM
It is not surprising that Gold dominates. States hedge instead of panicking when confidence in fiat money begins to show cracks (hello inflation, debt ceilings, political unrest). Gold is a silent vote against the dollar system, just like Bitcoin. Central banks are attaining their independence. Price volatility is a side effect, not the core objective. Will it be out of control? Only if you believe control was ever real. There is a finite amount of gold, it is difficult to extract, and it does not scale like digital assets. Indeed, prices will go crazy if demand becomes systemic, particularly when retail joins late for FOMO or fear-driven reasons. But for the ordinary person? Gold was never meant to be casually consumed. That's a store, not a way of life. You are already late to the game if your purchase decisions rely just on price


Title: Re: Increasing dominance of gold
Post by: Abiky on April 05, 2025, 12:39:00 AM
I was watching a video where they told that now most countries are depositing gold as reserves instead of buying US dollar deposits. Does this mean that price of gold will be uncontrollable in coming years ? Is it going to affect the buying behavior related to gold for common people ?

"Uncontrollable"? What do you mean? If governments keep accumulating Gold, prices will rise all the way to the moon (according to the rules of supply and demand). For years, Gold has been trusted as the ideal store of value for emergency situations or as a means to build generational wealth. Even with Bitcoin in play, Gold is still relevant. At some point, I believe the "yellow metal" will become history. Especially when BTC is touted as its successor. We're in the 21st century, so we should be living in the "intangible era". Tangible (physical) items would not be as valuable as they used to be in the past. Gold will eventually become a metal solely used for industrial purposes, while BTC will become the next store of value.

Right now, Gold is enjoying new highs because of Trump's tariffs. The trade war between the US and other countries will extend the period of uncertainty, which means new ATHs for Gold in the short term. I'd buy and "hodl" both Gold and Bitcoin if I were you. It won't be long before inflation spirals out of control. Only smart people will win. The question is: Are you smart enough to invest? Or are you willing to wait until "all hell breaks loose"?


Title: Re: Increasing dominance of gold
Post by: fuguebtc on April 05, 2025, 03:02:52 AM


At some point, I believe the "yellow metal" will become history. Especially when BTC is touted as its successor. We're in the 21st century, so we should be living in the "intangible era". Tangible (physical) items would not be as valuable as they used to be in the past. Gold will eventually become a metal solely used for industrial purposes, while BTC will become the next store of value.


But the question is when will gold become history, when will that happen, 10 years or 100 years from now? I have been hearing bitcoin investors talk about bitcoin replacing gold for years. But what is happening is that gold continues to dominate, and is the top choice of governments and major investors regardless of the global economic situation.
Although bitcoin has also grown significantly over the past year, it is showing signs of weakness and dumping due to the uncertain economic situation. How can an asset being dumped due to inflation, tariffs...economic instability become a store of value and replace gold?
I am also a bitcoin investor, to be honest, I doubt that bitcoin can replace gold in the next few decades.



Title: Re: Increasing dominance of gold
Post by: cabron on April 05, 2025, 04:17:31 AM


At some point, I believe the "yellow metal" will become history. Especially when BTC is touted as its successor. We're in the 21st century, so we should be living in the "intangible era". Tangible (physical) items would not be as valuable as they used to be in the past. Gold will eventually become a metal solely used for industrial purposes, while BTC will become the next store of value.


But the question is when will gold become history, when will that happen, 10 years or 100 years from now? I have been hearing bitcoin investors talk about bitcoin replacing gold for years. But what is happening is that gold continues to dominate, and is the top choice of governments and major investors regardless of the global economic situation.
Although bitcoin has also grown significantly over the past year, it is showing signs of weakness and dumping due to the uncertain economic situation. How can an asset being dumped due to inflation, tariffs...economic instability become a store of value and replace gold?
I am also a bitcoin investor, to be honest, I doubt that bitcoin can replace gold in the next few decades.


I don't think it will happen. Trump may want BTC to be the first and the digital Gold in our time. But its not up to him to declare this for the rest of the world. US may move to digital Gold but the East may not.

The physical Gold will still be what we need the most in reevaluating the currencies we have. Which there are talks about Trump going to revalue Gold for the USD. If back then gold was like $30+ per ounce, it may be more this time. Because there is the need to maintain the USD as the currency reserve and if this doesn't happen, the rest of the world will reevaluate gold without US.







Title: Re: Increasing dominance of gold
Post by: landheer on April 05, 2025, 06:08:59 AM

But the question is when will gold become history, when will that happen, 10 years or 100 years from now? I have been hearing bitcoin investors talk about bitcoin replacing gold for years. But what is happening is that gold continues to dominate, and is the top choice of governments and major investors regardless of the global economic situation.
Although bitcoin has also grown significantly over the past year, it is showing signs of weakness and dumping due to the uncertain economic situation. How can an asset being dumped due to inflation, tariffs...economic instability become a store of value and replace gold?
I am also a bitcoin investor, to be honest, I doubt that bitcoin can replace gold in the next few decades.


It is very difficult to predict this because the ups and downs of the economy that are happening now are difficult to predict, whether gold can replace bitcoin in the future, of course that is a difficult question to answer but looking at the current value of bitcoin does not rule out the possibility that in the future it can replace gold because its value is high even though there is a decline but very little is considered not worrying.


Title: Re: Increasing dominance of gold
Post by: Porfirii on April 05, 2025, 10:14:38 AM

But the question is when will gold become history, when will that happen, 10 years or 100 years from now? I have been hearing bitcoin investors talk about bitcoin replacing gold for years. But what is happening is that gold continues to dominate, and is the top choice of governments and major investors regardless of the global economic situation.
Although bitcoin has also grown significantly over the past year, it is showing signs of weakness and dumping due to the uncertain economic situation. How can an asset being dumped due to inflation, tariffs...economic instability become a store of value and replace gold?
I am also a bitcoin investor, to be honest, I doubt that bitcoin can replace gold in the next few decades.


It is very difficult to predict this because the ups and downs of the economy that are happening now are difficult to predict, whether gold can replace bitcoin in the future, of course that is a difficult question to answer but looking at the current value of bitcoin does not rule out the possibility that in the future it can replace gold because its value is high even though there is a decline but very little is considered not worrying.

I don't think the debate about whether gold will be ever replaced by Bitcoin is relevant. They are different assets and have very different characteristics, which we've discussed about thousands of times before in these pages.

As we're talking about short term fluctuations in price in this thread (inflation, tariffs, economic instability of the last months), I would like to remind you of one of the biggest distinctions between both assets: chances of gold doubling it's price in the next months is practically zero, while that's not what many people think about Bitcoin. And the same would happen the other way around: it would be a really exceptional event if gold lost 50% of his value in a few months, while we've seen it happening to Bitcoin plenty of times.


Title: Re: Increasing dominance of gold
Post by: DanWalker on April 05, 2025, 10:58:27 AM




As we're talking about short term fluctuations in price in this thread (inflation, tariffs, economic instability of the last months), I would like to remind you of one of the biggest distinctions between both assets: chances of gold doubling it's price in the next months is practically zero, while that's not what many people think about Bitcoin. And the same would happen the other way around: it would be a really exceptional event if gold lost 50% of his value in a few months, while we've seen it happening to Bitcoin plenty of times.

Gold's market capitalization has surpassed $20 trillion and is more than 10 times the market capitalization of bitcoin, so expecting the price of gold to double from now on is delusional. But the scenario of gold losing 50% of its value in a few months is also an illusion. That is impossible and has never happened in the past. This could happen with bitcoin but not with gold because gold is a safe haven, not a speculative asset like bitcoin.

https://www.talkimg.com/images/2025/04/05/lOXdT.jpeg
https://x.com/Investywise/status/1908047109967822943


Title: Re: Increasing dominance of gold
Post by: Ishicryptic on April 05, 2025, 11:05:10 AM
Holding gold as a reserve is not a new thing; it's something that has always been happening over the years, especially now that many are looking for ways to limit their dependence on the United States dollar, a fiat currency which is being devalued every time it is not supposed to be held as a reserve. Its purchase value is dying off over time. Gold has been used as a reserve for decades now; even the US government are among the top holders.
Gold has remained a valuable asset from different ages and generations, it still holds it's value till today so I am not surprised that countries will prefer it as their reserves over the US dollar. Dollar is an American currency and property, I believe that many countries would like to have a reserve that it's worth is valued worldwide and no country can have a claim that it is their legal tender. This is where I see a similarity between gold and Bitcoin, nobody or country can claim that gold originated from them and Bitcoin is decentralized. I am seeing Bitcoin being held by many countries as their reserves in the future, the way gold is being sought after today as a reserve.


Title: Re: Increasing dominance of gold
Post by: Antotena on April 05, 2025, 11:11:56 AM
I was watching a video where they told that now most countries are depositing gold as reserves instead of buying US dollar deposits. Does this mean that price of gold will be uncontrollable in coming years ? Is it going to affect the buying behavior related to gold for common people ?

There is nothing any country will want to use for foreign reserve that US don't have, those guys are smart and far ahead of everyone. The only thing I'm not sure other countries might have that US don't have is Bitcoin. For example, it's estimated that North Korea is soon is sponsoring her hackers to steal Bitcoin and other valuable coins in the crypto market and so far, the amount of Bitcoin stolen by Korea exceed holdings of there countries that at holding Bitcoin.

Gold central market is controlled by the US and it will continue to be like that because they have what it is and what it takes to control it, if there are other people that hold into more reserve of Gold than the US and middle east, then they don't know about it and probably has never reveal anything about the gold, it might just be a speculation and not true because if any country has more resources reserve of Gold in her country, the economy is expected to do better.


Title: Re: Increasing dominance of gold
Post by: Oluwa-btc on April 05, 2025, 03:47:58 PM
Gold price of today is different from the gold price of last five year which is the believe of gold investors that the price will turn to uncontrollable to create opportunity that will make gold investors to deposit more funds in gold than US dollar,  Don't believe on those social media rumors OP, that gold will be uncontrollable in the future, if you don't know you better know it now, that people have started reducing the amount of deposits they are depositing in gold, because they have found out that bitcoin investment is profitable than gold these days.

I agree that Bitcoin investments is a more profitable than Gold and people have recently withdrawn their interest from Gold because the return on Bitcoin investment is relatively higher than that of Gold.
However,since Bitcoin has features that's superior to Gold, that's why they'll see Gold as a commodity while Bitcoin remains a digital currency.So far,Bitcoin has won and gained extreme moderation and Investors from all over the world and there's so much to rely on Bitcoin for.


Title: Re: Increasing dominance of gold
Post by: CageMabok on April 05, 2025, 04:08:52 PM
It is very difficult to predict this because the ups and downs of the economy that are happening now are difficult to predict, whether gold can replace bitcoin in the future, of course that is a difficult question to answer but looking at the current value of bitcoin does not rule out the possibility that in the future it can replace gold because its value is high even though there is a decline but very little is considered not worrying.
In today's era, Gold has met a fairly equal opponent, namely Bitcoin because gold is an asset that is much older than Bitcoin if we look at its discovery. But because Bitcoin has advantages through its supply and through the sophisticated technology that supports it, of course it does not rule out the possibility that Bitcoin will replace gold in any case in the future. Moreover, in this digital era, gold has also moved in this sector by no longer relying solely on its physical form, because objects like gold will be very heavy if carried in such large quantities.


Title: Re: Increasing dominance of gold
Post by: Mame89 on April 05, 2025, 04:24:37 PM
If we look at the future, gold reserves will likely continue to play an important role in the global economy. It's natural to depend on gold, as it's been around for much longer than any current fiat currency. Not to mention that Trump Administration's activities do not exactly invoke a sense of reliability and trust.

Bitcoin is more profitable, but also way more volatile. The USD is fiat, so it loses value on a yearly basis, and people can be legitimately concerned that it will lose much more value than usual.
Gold reserves have been carried out by several countries for a long time, and indeed gold is always in demand because the price of gold tends to be stable, even in recent times the price has always increased. Long before bitcoin existed, gold already existed first. Not everyone understands bitcoin but with gold almost everyone in the world knows that gold is a good asset to invest in.

I once read an article that there are many countries that use gold as a reserve even though the country does not have a gold mine but they have very large gold reserves. Like France, France has gold reserves in banks of up to thousands of tons, even though it does not have a single gold mine. This proves that gold reserves in every country are needed because fiat will decrease due to inflation. And there are also countries that do not have gold reserves in their banks but have almost a thousand gold mines and produce tens of tons per year, namely Mali. Here we can also conclude that every developed country always makes gold a reserve of state assets.

So gold is increasing every year, this is very natural, because gold has been very valuable since ancient times, so we must be able to set aside some of our income for gold or bitcoin for the future. Having both would be much better.


Title: Re: Increasing dominance of gold
Post by: Jawhead999 on April 05, 2025, 04:29:31 PM
Gold's market capitalization has surpassed $20 trillion and is more than 10 times the market capitalization of bitcoin, so expecting the price of gold to double from now on is delusional. But the scenario of gold losing 50% of its value in a few months is also an illusion. That is impossible and has never happened in the past. This could happen with bitcoin but not with gold because gold is a safe haven, not a speculative asset like bitcoin.

https://www.talkimg.com/images/2025/04/05/lOXdT.jpeg
https://x.com/Investywise/status/1908047109967822943
Agree, 2013-2015 are the bad years for gold, but the price didn't lose more than 50% in a year. Gold has lower volatility because it has been exist since a long time ago, hence it's hard to pump the price and hard to dump the price too.

Look how crazy Bitcoin return, it rise and down more than 50% in every year. But, as time goes, I believe the volatility of Bitcoin would be less, just like gold.

https://imgvb.com/images/2025/04/06/998182f9b4daf3504b7e6b710d5e155d.png
https://www.statmuse.com/money/ask/bitcoin-yearly-returns-last-10-years


Title: Re: Increasing dominance of gold
Post by: fuguebtc on April 06, 2025, 12:38:17 PM

But the question is when will gold become history, when will that happen, 10 years or 100 years from now? I have been hearing bitcoin investors talk about bitcoin replacing gold for years. But what is happening is that gold continues to dominate, and is the top choice of governments and major investors regardless of the global economic situation.
Although bitcoin has also grown significantly over the past year, it is showing signs of weakness and dumping due to the uncertain economic situation. How can an asset being dumped due to inflation, tariffs...economic instability become a store of value and replace gold?
I am also a bitcoin investor, to be honest, I doubt that bitcoin can replace gold in the next few decades.


It is very difficult to predict this because the ups and downs of the economy that are happening now are difficult to predict, whether gold can replace bitcoin in the future, of course that is a difficult question to answer but looking at the current value of bitcoin does not rule out the possibility that in the future it can replace gold because its value is high even though there is a decline but very little is considered not worrying.

To be fair, no one has a crystal ball to predict the future and I don't deny the scenario that bitcoin could overtake gold in the future. But based on what has been happening: bitcoin is being dumped and gold continue to rise thanks to increased global demand. Not only are central banks scrambling to buy but ordinary people also have a demand for gold, while bitcoin prices can only rise when there is positive news and many people are selling because of fear of recession. Looking at that I can say that bitcoin is unlikely to surpass gold in the near future or in the next few decades as I said.

Many people expect the United States to usher in a digital golden age, they expect the US government to sell gold to buy bitcoin. But in fact the opposite is happening, the US is increasing its gold imports in January to a record level.

https://images2.imgbox.com/63/b4/7MlTCpR4_o.png
https://x.com/KobeissiLetter/status/1905631085205020941


Title: Re: Increasing dominance of gold
Post by: Stalker22 on April 06, 2025, 08:31:16 PM
~But in fact the opposite is happening, the US is increasing its gold imports in January to a record level.

Probably a front-loading effect due to expected upcoming tariffs.  A gold rush driven by fear. And honestly, who can blame them?


Title: Re: Increasing dominance of gold
Post by: |MINER| on April 06, 2025, 09:03:20 PM
I was watching a video where they told that now most countries are depositing gold as reserves instead of buying US dollar deposits. Does this mean that price of gold will be uncontrollable in coming years ? Is it going to affect the buying behavior related to gold for common people ?
This is not just a current story, since ancient times, the power and economic status of various states or kings or countries depended on their gold reserves.
And this is still going on today. If we see that currently the most powerful country is the United States of America and they also have the largest gold reserves in the world. That means there is a connection between power and gold reserves.
So why wouldn't other countries want to increase their gold reserves? USD is the national currency of the USA, so if they keep it in reserve, they can be controlled by the USA, for example, if the USA wants, it can create inflation in the market by printing money at will.
On the other hand, gold is relatively limited, so most countries in the region are interested in adopting it as a central reserve. And I think that will increase the price of gold even more.


Title: Re: Increasing dominance of gold
Post by: shinratensei_ on April 07, 2025, 02:44:57 AM
Agree, 2013-2015 are the bad years for gold, but the price didn't lose more than 50% in a year. Gold has lower volatility because it has been exist since a long time ago, hence it's hard to pump the price and hard to dump the price too.
That was arguably years of stability.
At least more stable than current economic condition, therefore gold isn't interesting asset to invest.

As from my understanding gold always have rally when there's something big coming up like crisis, war, and so on.
I can see the correlation from the historical price chart and finding out what events happened at that time. hopefully it isn't a bad omen, but I'm ready to anticipate whatever gonna play out in the future.


Title: Re: Increasing dominance of gold
Post by: DanWalker on April 07, 2025, 09:12:27 AM
But, as time goes, I believe the volatility of Bitcoin would be less, just like gold.



Yes, it will happen but not now or in the near future, I guess it will take a long time for bitcoin to become as stable as gold. But the price we pay is that if bitcoin becomes more stable and less volatile, it means the returns it generates will also be lower.



as from my understanding gold always have rally when there's something big coming up like crisis, war, and so on.
can see the correlation from the historical price chart and finding out what events happened at that time. hopefully it isn't a bad omen, but I'm ready to anticipate whatever gonna play out in the future.

As from my understanding, the sudden and sharp increase in gold prices is never a good sign for the economy, it signals an unstable economy and could lead to recession. I hope Trump changes his mind in the near future and things turn around but I also don't rule out the possibility that we will enter a bear market season. Because bitcoin is not gold and it is not like gold.


Title: Re: Increasing dominance of gold
Post by: Abiky on April 07, 2025, 11:54:06 AM
But the question is when will gold become history, when will that happen, 10 years or 100 years from now? I have been hearing bitcoin investors talk about bitcoin replacing gold for years. But what is happening is that gold continues to dominate, and is the top choice of governments and major investors regardless of the global economic situation.
Although bitcoin has also grown significantly over the past year, it is showing signs of weakness and dumping due to the uncertain economic situation. How can an asset being dumped due to inflation, tariffs...economic instability become a store of value and replace gold?
I am also a bitcoin investor, to be honest, I doubt that bitcoin can replace gold in the next few decades.

I don't think 10 years will be enough for Gold to become history. Bitcoin is just getting started. It might as well take 100 years (another century) before that happens. The market is too volatile, anyways. There's a long road ahead before it reaches stability.

My guess is that Bitcoin will be "solid enough" to become Gold's successor once the very last coin is mined (which will happen around 2140). Neither you or I will be alive by the time that happens. Either way, Satoshi intended Bitcoin to be used as "digital cash". Not "digital Gold" or a "store of value". But the limited supply and unmatched security/reliability, makes people think otherwise. We can never tell what the future holds for both BTC and Gold. So I'd diversify my investment just to be safe.


Title: Re: Increasing dominance of gold
Post by: Akbarkoe on April 07, 2025, 01:37:59 PM
But the question is when will gold become history, when will that happen, 10 years or 100 years from now? I have been hearing bitcoin investors talk about bitcoin replacing gold for years. But what is happening is that gold continues to dominate, and is the top choice of governments and major investors regardless of the global economic situation.
Although bitcoin has also grown significantly over the past year, it is showing signs of weakness and dumping due to the uncertain economic situation. How can an asset being dumped due to inflation, tariffs...economic instability become a store of value and replace gold?
I am also a bitcoin investor, to be honest, I doubt that bitcoin can replace gold in the next few decades.

I don't think 10 years will be enough for Gold to become history. Bitcoin is just getting started. It might as well take 100 years (another century) before that happens. The market is too volatile, anyways. There's a long road ahead before it reaches stability.

My guess is that Bitcoin will be "solid enough" to become Gold's successor once the very last coin is mined (which will happen around 2140). Neither you or I will be alive by the time that happens. Either way, Satoshi intended Bitcoin to be used as "digital cash". Not "digital Gold" or a "store of value". But the limited supply and unmatched security/reliability, makes people think otherwise. We can never tell what the future holds for both BTC and Gold. So I'd diversify my investment just to be safe.

Gold will be an option in maintaining value that does not have high fluctuations, bitcoin still has high fluctuations so that most governments and institutions make more purchases of gold than bitcoin even though today we see some countries making purchases of bitcoin but little of the portfolio they share to buy bitcoin.

Talking about bitcoin as a substitute for gold I think it will not happen it will only be an alternative even though many claim that bitcoin is digital gold, it is just a framing taken from some of the same properties of both in different places, diversifying both is one of the safest forms of investment we can take now.


Title: Re: Increasing dominance of gold
Post by: STT on April 07, 2025, 11:44:16 PM
Dollar used to be gold, exchangable on demand was the norm and we have spent decades away from that rule but still it is seconds in the brief history of time we merely blinked for a moment to mess with paper and it would be quite normal to just respect gold again not new or near to whats its been previously.

Quote
gold become history, when will that happen

That would be like supposing when is oxygen redundant, as an element its never going away and will always be useful.   Alternatives can arrive and be even more popular but the original origins of money or many processes we suppose we have updated and replaced with our modern amazingness I dont think so.


Quote
so expecting the price of gold to double from now on is delusional

Great mark me down then, Gold can triple from here and it wont be over hyped still it will be a fair rebalance.   Thats how skewed we are in markets, distorted by years of nonsense.   If you cant believe this just know China has been buying gold for twenty years, they used to be the main holder of dollar debt but they do prefer the gold.   I dont know China especially but money talks not our opinions so much.


Title: Re: Increasing dominance of gold
Post by: OgNasty on April 07, 2025, 11:46:21 PM
It used to be science fiction to think one day man would land on a meteor and mine tons of gold. It isn’t so much anymore. With SpaceX and their mission to explore the stars becoming more and more real, we might in our lifetime see a major disruption to gold as it is realized there is an endless supply of it.


Title: Re: Increasing dominance of gold
Post by: BenCodie on April 08, 2025, 03:07:25 AM
Many people expect the United States to usher in a digital golden age, they expect the US government to sell gold to buy bitcoin. But in fact the opposite is happening, the US is increasing its gold imports in January to a record level.

https://images2.imgbox.com/63/b4/7MlTCpR4_o.png
https://x.com/KobeissiLetter/status/1905631085205020941

Time is an important factor. You will find that the media and public figures will say things that cause instant hysteria or hype, but the happening of what they say could still be months or years away. It makes perfect sense for gold imports to increase, as if they truly want to make Bitcoin the replacement for gold, they need to first take as much gold as they can out of supply. That would start with buying as much of it as possible. If they sold all of their gold on hand for Bitcoin whilst too much of it was circulating elsewhere, the desired effect for the world to follow to Bitcoin would be much less likely. At least, that's what I speculate.


Title: Re: Increasing dominance of gold
Post by: Smack That Ace on April 08, 2025, 07:24:30 AM
It used to be science fiction to think one day man would land on a meteor and mine tons of gold. It isn’t so much anymore. With SpaceX and their mission to explore the stars becoming more and more real, we might in our lifetime see a major disruption to gold as it is realized there is an endless supply of it.

Mining gold on earth is getting harder and more expensive, and this is one of the reasons why the price of gold does not decrease despite the supply increasing every year. So don't rush into thinking about mining gold on other planets any time soon and it's easy as you think. Even the idea of ​​mining gold off Earth would make gold more valuable as people realize that there is not enough gold on Earth to use and we have to venture out into space to find and mine gold.

In the evolution of the world, humans have invented many great works, they can fake diamonds, invent bitcoin...but for thousands of years they still cannot fake gold or find any other material that can replace it. The role and importance of gold will not disappear in the future even though we are living in a digital world. It is the truth and we need to accept the reality.


Title: Re: Increasing dominance of gold
Post by: Renampun on April 08, 2025, 11:27:43 AM
I was watching a video where they told that now most countries are depositing gold as reserves instead of buying US dollar deposits. Does this mean that price of gold will be uncontrollable in coming years ? Is it going to affect the buying behavior related to gold for common people ?

of course when more and more countries buy gold then the price will increase and the behavior of people who like gold will also be affected, for example if a housewife who already has gold hears that the price of gold has increased then she will automatically sell it for living expenses maybe and for people who want to maintain the value of the money they have then they will definitely choose gold as savings instead of fiat money or stocks because gold is an asset that is immune to inflation and any pressure (just like bitcoin)

Remember, as long as war continues to arise, gold will continue to be bought by countries that want to protect their assets.


Title: Re: Increasing dominance of gold
Post by: fuguebtc on April 09, 2025, 02:22:49 PM


Gold will be an option in maintaining value that does not have high fluctuations, bitcoin still has high fluctuations so that most governments and institutions make more purchases of gold than bitcoin even though today we see some countries making purchases of bitcoin but little of the portfolio they share to buy bitcoin.

As far as I know, except for El Salvador, no government has bought bitcoin and it's all just rumors. And given the current situation, they will say “No” even more to bitcoin, an extremely volatile asset that is likely to be dumped even further if the economy takes a turn for the worse.



Talking about bitcoin as a substitute for gold I think it will not happen it will only be an alternative even though many claim that bitcoin is digital gold, it is just a framing taken from some of the same properties of both in different places, diversifying both is one of the safest forms of investment we can take now.

I know that many bitcoin investors will not like to hear this because they always want bitcoin to be number 1, the main character and not just an alternative. But the truth is sometimes quite cruel and I agree that bitcoin is unlikely to replace the role and status of gold. Gold is completely different and that is why governments have trusted it for hundreds of years.


Title: Re: Increasing dominance of gold
Post by: ITExpert on April 09, 2025, 05:32:51 PM
Holding gold as a reserve is not a new thing; it's something that has always been happening over the years, especially now that many are looking for ways to limit their dependence on the United States dollar, a fiat currency which is being devalued every time it is not supposed to be held as a reserve. Its purchase value is dying off over time. Gold has been used as a reserve for decades now; even the US government are among the top holders.
I think There are different ways near wealthier individuals or countries to reserve their wealth and other resoruces. Either they invest their wealth or buy cryptocoins so that whenever they needed it, they can use these sources. The advanced countries like USA are still reserving in the form of Gold because it retains its value even during inflation, economic instability or currency devaluation. This make it a reliable source to reserve wealth when paper currencies are loosing their purchasing power during financial crises. In addition, reserving gold allows countries to be independent from other currencies like U.S Dollar or euro. U.S and other major powers are holding gold reserves to enhance their strength and credibility to international markets. Gold is a sign of financial stability and it is independent of the central banks policies. That's why Gold is preferred as the protected and stable asset.


Title: Re: Increasing dominance of gold
Post by: Dunamisx on April 09, 2025, 06:41:07 PM
I was watching a video where they told that now most countries are depositing gold as reserves instead of buying US dollar deposits. Does this mean that price of gold will be uncontrollable in coming years ? Is it going to affect the buying behavior related to gold for common people ?

We don't have to wait for the future before we can start to see the manifest of its consequences, because its already happening right now as we speak, just as many already know, that gold is performing well and even at it all time high, those that have invested long time ago would have been profitable in it, but still yet, people now prefer the use of a digital asset than the physical or centralized type, which makes bitcoin in cryptocurrency the edge over every other investment assets in consideration.


Title: Re: Increasing dominance of gold
Post by: Hazink on April 09, 2025, 11:21:37 PM
We don't have to wait for the future before we can start to see the manifest of its consequences, because its already happening right now as we speak, just as many already know, that gold is performing well and even at it all time high, those that have invested long time ago would have been profitable in it, but still yet, people now prefer the use of a digital asset than the physical or centralized type, which makes bitcoin in cryptocurrency the edge over every other investment assets in consideration.
People prefer to use digital currency because most of them are looking for where to tap profit from, which gold is not given them that, only a few who are involved in bitcoin go into it because they need privacy and total control, as some of them don't even care about it but only chose it because it's the oldest with the highest market capitalization, which shows some level of trust and nothing more.


Title: Re: Increasing dominance of gold
Post by: Stella Mese on April 10, 2025, 12:16:47 AM

People prefer to use digital currency because most of them are looking for where to tap profit from, which gold is not given them that, only a few who are involved in bitcoin go into it because they need privacy and total control, as some of them don't even care about it but only chose it because it's the oldest with the highest market capitalization, which shows some level of trust and nothing more.
Yes, indeed people prefer level of trust is different now than before, maybe they see the current progress which is more towards digital money and making it a trend for now, and that is something common because they think that gold does not provide many benefits, among them many choose bitcoin which they apply of course reaping profits is the main reason,
because they think more advanced for the present.


Title: Re: Increasing dominance of gold
Post by: Crackboy68 on April 10, 2025, 06:34:38 AM
I was watching a video where they told that now most countries are depositing gold as reserves instead of buying US dollar deposits. Does this mean that price of gold will be uncontrollable in coming years ? Is it going to affect the buying behavior related to gold for common people ?

If you have been paying attention, you will see that people are now interested in storing gold instead of buying dollars. They may have seen that gold is moving much further than before. However, this progress started long ago in the United States. So people are now interested in buying Bitcoin instead of buying dollars.


Title: Re: Increasing dominance of gold
Post by: sana54210 on April 10, 2025, 10:46:34 AM
Gold will be an option in maintaining value that does not have high fluctuations, bitcoin still has high fluctuations so that most governments and institutions make more purchases of gold than bitcoin even though today we see some countries making purchases of bitcoin but little of the portfolio they share to buy bitcoin.

Talking about bitcoin as a substitute for gold I think it will not happen it will only be an alternative even though many claim that bitcoin is digital gold, it is just a framing taken from some of the same properties of both in different places, diversifying both is one of the safest forms of investment we can take now.
It is quite normal, with how everything is going at the moment, people are looking into this like it is a way to save themselves. Look at the world, we are basically brink of another war, everyone is financially attacking each other and hate is growing faster than love.

So people who invest into gold, are doing it not because they love gold, but because they believe gold is the only way to store their value and that is why they are buying more. With the way markets are acting, thinking stocks would stay safe, or bonds would stay safe, is childish. So they buy gold (and we buy bitcoin) because they know that no matter what happens, there is a value for gold and if we buy more of it, then we could make more money with it.


Title: Re: Increasing dominance of gold
Post by: ZAINmalik75 on April 10, 2025, 12:41:51 PM
So people who invest into gold, are doing it not because they love gold, but because they believe gold is the only way to store their value and that is why they are buying more. With the way markets are acting, thinking stocks would stay safe, or bonds would stay safe, is childish. So they buy gold (and we buy bitcoin) because they know that no matter what happens, there is a value for gold and if we buy more of it, then we could make more money with it.
They are not wrong about that thought because the history of gold tells us that even though it doesn't go up as quickly as Bitcoin or cryptocurrencies, but it has always been a profitable asset over the centuries and it has been the most used investment asset from traditional times because people always knew it's a precious metal and it will always have value, and over time, its value can increase as its use cases will increase. Compare its price from 2010 to now, and you will see the results.

The price of 1 ounce of Gold in 2010 was around $1,200 or something, and today, it's over $3,000 an ounce. So, that's profit, even though it's not a lot as I said, but for someone who is patient and is only looking for something where they can store their wealth that wouldn't lose value over time and will also be safe, then gold is a great option.


Title: Re: Increasing dominance of gold
Post by: BenCodie on April 10, 2025, 01:02:06 PM
Gold will be an option in maintaining value that does not have high fluctuations, bitcoin still has high fluctuations so that most governments and institutions make more purchases of gold than bitcoin even though today we see some countries making purchases of bitcoin but little of the portfolio they share to buy bitcoin.

Talking about bitcoin as a substitute for gold I think it will not happen it will only be an alternative even though many claim that bitcoin is digital gold, it is just a framing taken from some of the same properties of both in different places, diversifying both is one of the safest forms of investment we can take now.
It is quite normal, with how everything is going at the moment, people are looking into this like it is a way to save themselves. Look at the world, we are basically brink of another war, everyone is financially attacking each other and hate is growing faster than love.

So people who invest into gold, are doing it not because they love gold, but because they believe gold is the only way to store their value and that is why they are buying more. With the way markets are acting, thinking stocks would stay safe, or bonds would stay safe, is childish. So they buy gold (and we buy bitcoin) because they know that no matter what happens, there is a value for gold and if we buy more of it, then we could make more money with it.

I would say that we aren't on the brink of war but in the middle of a financial game of chess. I truly believe that all countries have developed economically and from the perspective of military, that there is an understanding that one offensive move could mean obliteration for the perpetrator, and possibly many of those surrounding them. What is happening now is uncertain economically, and gold is traditionally a hedge/safe haven for when times get tough, because its economic parameters give it the properties that make it safer than holding dollars or investing in traditional or speculative assets. I'm sure in the next crisis in 10-15 years, Bitcoin will take its place. I am curious to see how it holds up during this one.


Title: Re: Increasing dominance of gold
Post by: Akbarkoe on April 10, 2025, 03:10:22 PM
Gold will be an option in maintaining value that does not have high fluctuations, bitcoin still has high fluctuations so that most governments and institutions make more purchases of gold than bitcoin even though today we see some countries making purchases of bitcoin but little of the portfolio they share to buy bitcoin.

Talking about bitcoin as a substitute for gold I think it will not happen it will only be an alternative even though many claim that bitcoin is digital gold, it is just a framing taken from some of the same properties of both in different places, diversifying both is one of the safest forms of investment we can take now.
It is quite normal, with how everything is going at the moment, people are looking into this like it is a way to save themselves. Look at the world, we are basically brink of another war, everyone is financially attacking each other and hate is growing faster than love.

So people who invest into gold, are doing it not because they love gold, but because they believe gold is the only way to store their value and that is why they are buying more. With the way markets are acting, thinking stocks would stay safe, or bonds would stay safe, is childish. So they buy gold (and we buy bitcoin) because they know that no matter what happens, there is a value for gold and if we buy more of it, then we could make more money with it.
And indeed if we look at stocks or bonds then if the fundamental structure is destroyed like a company or government is destroyed then it will be a bad thing in investment. that is not the best solution to handle prolonged finances, yes the ongoing conflict could become a military conflict and we know the consequences of a war where all assets could be destroyed which makes us lose what we have, even when our country is not at war, if investing in stocks in companies in countries that are in conflict and destroyed then our money will disappear, and we know that for thousands of years gold has always been an irreplaceable measure of value on this earth, while bitcoin which has just been born for a decade can create the same opportunity even though its adoption is still small compared to gold adopters.

because of that small adoption the fluctuation in bitcoin is very fast, people are not so sure about Bitcoin in the future than Gold because it has been tested for so long, so yes we should take a middle ground to save wealth is to diversify both and in which part is bigger it depends on each risk management.


Title: Re: Increasing dominance of gold
Post by: JunaidAzizi on April 10, 2025, 03:31:00 PM
I don't know about the video you are referring to, but what I am aware of is that some states are moving towards gold reserves. They have started efforts over the past few decades to adopt gold as a reserve and lessen their dependency on the USD. The reason is clear, they don't want the dollar to dominate the world and also want to protect themselves from losses. With the USD, they may face sudden losses, and a central government can devalue it at any time, while gold is neutral; no government has full control over its prices.

Now, if the government adopts gold as a reserve, then obviously the prices will go up because the demand will be high. However, I think the term "uncontrollable" is too much because the price will not rise excessively. If it does, it will create many tough situations for the Asian people who are really dependent on gold, and for middle class families, buying it will become difficult.


Title: Re: Increasing dominance of gold
Post by: Mate2237 on April 10, 2025, 04:06:56 PM
I don't know about the video you are referring to, but what I am aware of is that some states are moving towards gold reserves. They have started efforts over the past few decades to adopt gold as a reserve and lessen their dependency on the USD. The reason is clear, they don't want the dollar to dominate the world and also want to protect themselves from losses. With the USD, they may face sudden losses, and a central government can devalue it at any time, while gold is neutral; no government has full control over its prices.

Now, if the government adopts gold as a reserve, then obviously the prices will go up because the demand will be high. However, I think the term "uncontrollable" is too much because the price will not rise excessively. If it does, it will create many tough situations for the Asian people who are really dependent on gold, and for middle class families, buying it will become difficult.
Gold has been one commodity that been of value ever since time so am not really surprised about Gold dominating and getting more adoption rate because gold is one commodity that doesn't decrease in price instead it appreciate so it's more adviceable for country's to save their wealth in gold because it's will be hard for any major world economic issue to affect the price of gold


Another thing that we need to take note of is that I think politics too has  a role to play because people are saving more on goal reserves because saving a country wealth on any of the world leading countries will make that country have undue advantage and power over any country because any decision that such a country makes will affects the country that is saving their wealth on the currency of the other one


Title: Re: Increasing dominance of gold
Post by: Abiky on April 10, 2025, 06:18:52 PM
Mining gold on earth is getting harder and more expensive, and this is one of the reasons why the price of gold does not decrease despite the supply increasing every year. So don't rush into thinking about mining gold on other planets any time soon and it's easy as you think. Even the idea of ​​mining gold off Earth would make gold more valuable as people realize that there is not enough gold on Earth to use and we have to venture out into space to find and mine gold.

In the evolution of the world, humans have invented many great works, they can fake diamonds, invent bitcoin...but for thousands of years they still cannot fake gold or find any other material that can replace it. The role and importance of gold will not disappear in the future even though we are living in a digital world. It is the truth and we need to accept the reality.

Same way as it's getting harder and more expensive to mine Bitcoin. In fact, Bitcoin is better than Gold because it's portable and the supply is predictable. Several countries have discovered new Gold deposits (one of them is China), but nobody knows the exact amount of Gold on Earth. There could be way more than we've ever imagined.

I see Gold's dominance as a "temporary" thing. After all, Bitcoin's fairly new to the world. Once everyone adopts BTC as the new Gold, things will never be the same. Most likely, Gold will lose investor appeal as everybody moves to Bitcoin for long-term wealth preservation. It should only be a matter of time before this happens. 16 years is not enough for the crypto market to reach maturity. Either way, there's nothing wrong with buying and holding both commodities for the long term. Diversifying your investment is the key towards minimizing losses. Just be careful not to invest more than what you can't afford to lose, and there should be nothing to worry about. :D


Title: Re: Increasing dominance of gold
Post by: Smack That Ace on April 11, 2025, 01:44:44 AM


Same way as it's getting harder and more expensive to mine Bitcoin. In fact, Bitcoin is better than Gold because it's portable and the supply is predictable. Several countries have discovered new Gold deposits (one of them is China), but nobody knows the exact amount of Gold on Earth. There could be way more than we've ever imagined.


But the problem is that gold is not only used for investment but can also be widely applied in reality, many uses...making the demand for gold only increase every day. That is why the world hopes to find more and more gold, which will increase the value of gold instead of depreciating like other assets when supply increases.
Meanwhile, bitcoin is a virtual asset used only for investment, with very limited practical applications, so even though its supply is less than gold, it is not enough to compete with gold. The value of an asset is determined not only by supply but also by use case, demand...

I see Gold's dominance as a "temporary" thing. After all, Bitcoin's fairly new to the world. Once everyone adopts BTC as the new Gold, things will never be the same. Most likely, Gold will lose investor appeal as everybody moves to Bitcoin for long-term wealth preservation. It should only be a matter of time before this happens. 16 years is not enough for the crypto market to reach maturity. Either way, there's nothing wrong with buying and holding both commodities for the long term. Diversifying your investment is the key towards minimizing losses. Just be careful not to invest more than what you can't afford to lose, and there should be nothing to worry about. :D

I don't know if gold will lose its appeal or not because that is the future but I know one thing is that gold has always attracted people for over 1000 years and no one can replace it. If bitcoin wants to surpass gold, it may take 50-100 years, not 5 or 10 years as many people think.



Title: Re: Increasing dominance of gold
Post by: Nothingtodo on April 11, 2025, 02:08:59 AM
I was watching a video where they told that now most countries are depositing gold as reserves instead of buying US dollar deposits. Does this mean that price of gold will be uncontrollable in coming years ? Is it going to affect the buying behavior related to gold for common people ?
If the dominance of the US dollar decreases, then gold reserves will automatically increase and people from different countries will continue to invest in gold. Donald Trump's imposition of tariffs on various countries will be responsible for the decline in the dominance of the US dollar. Moreover, due to such volatile market conditions in the Bitcoin market, Bitcoin investors are becoming interested in investing in gold.


Title: Re: Increasing dominance of gold
Post by: RockBell on April 11, 2025, 08:38:33 PM
I was watching a video where they told that now most countries are depositing gold as reserves instead of buying US dollar deposits. Does this mean that price of gold will be uncontrollable in coming years ? Is it going to affect the buying behavior related to gold for common people ?

Gold has been in existence for a very long time now and even in the ages people use it as a reserve and the worth of gold will not die some countries even prefer gold to use us dollar as their foreign reserve and this is their choice they want to make a difference about everything but only a few countries use gold as there reserve and even the USA use gold except for now that they are trying to divert there reserve into bitcoin and if eventually, the decision of trump favors bitcoin then it will make more sense to the holders.

If the dominance of the US dollar decreases, then gold reserves will automatically increase and people from different countries will continue to invest in gold. Donald Trump's imposition of tariffs on various countries will be responsible for the decline in the dominance of the US dollar. Moreover, due to such volatile market conditions in the Bitcoin market, Bitcoin investors are becoming interested in investing in gold.

for some time now a lot of countries have used the us dollar so the dominance keeps increasing and people are still using it eventually does that don't want to use the us dollar will have to use gold as an option and it will be beneficiary for the gold market, I don't know if the increase in tariff will change countries mind but what I know is that over time there will be great variation between the currencies because of most of this polices.


Title: Re: Increasing dominance of gold
Post by: JunaidAzizi on April 11, 2025, 10:32:53 PM
I was watching a video where they told that now most countries are depositing gold as reserves instead of buying US dollar deposits. Does this mean that price of gold will be uncontrollable in coming years ? Is it going to affect the buying behavior related to gold for common people ?
If the dominance of the US dollar decreases, then gold reserves will automatically increase and people from different countries will continue to invest in gold. Donald Trump's imposition of tariffs on various countries will be responsible for the decline in the dominance of the US dollar. Moreover, due to such volatile market conditions in the Bitcoin market, Bitcoin investors are becoming interested in investing in gold.
Yes, you are right, people will definitely turn to gold if the dollar value goes down. There are already some activities aimed at decreasing the dollar's value, such as BRICS, which is making the dollar less dominant in Asia. Besides the dollar, crypto users also want to invest in gold because they fear a sudden market crash. They worry that if it happens, at least they will have some investments they can utilize to recover themselves. Gold is a stable asset, and if something were to happen, people would definitely turn to gold investments to secure their future.


Title: Re: Increasing dominance of gold
Post by: Abiky on April 12, 2025, 12:57:25 AM
But the problem is that gold is not only used for investment but can also be widely applied in reality, many uses...making the demand for gold only increase every day. That is why the world hopes to find more and more gold, which will increase the value of gold instead of depreciating like other assets when supply increases.
Meanwhile, bitcoin is a virtual asset used only for investment, with very limited practical applications, so even though its supply is less than gold, it is not enough to compete with gold. The value of an asset is determined not only by supply but also by use case, demand...

True. But can Gold be "programmed" or used as a platform to store data or other types of content? I doubt it. That's where Bitcoin comes in. With Bitcoin not only you can use it as a store of value or a currency to send/receive money, but also as a platform for NFTs (digital art, tokens, collectibles), "De-Fi", decentralized identities, and more. That's the beauty of digital money. It's programmable and its functions can be extended to ways we couldn't imagine. Bitcoin can also exist in physical form. Private keys can be printed or engraved on physical coins, bars, or even paper.

So yes, Bitcoin can do what Gold does and much more. Of course. Change won't happen overnight. It going to take 50-100 years like you've said for BTC to replace Gold. I'm in no hurry to see this happen. In the meantime, I'd suggest you take advantage of both BTC and Gold to help protect yourself against inflation. You'll thank me later. ;D


Title: Re: Increasing dominance of gold
Post by: X-ray on April 12, 2025, 02:50:57 AM
I was watching a video where they told that now most countries are depositing gold as reserves instead of buying US dollar deposits. Does this mean that price of gold will be uncontrollable in coming years ? Is it going to affect the buying behavior related to gold for common people ?
If the dominance of the US dollar decreases, then gold reserves will automatically increase and people from different countries will continue to invest in gold. Donald Trump's imposition of tariffs on various countries will be responsible for the decline in the dominance of the US dollar. Moreover, due to such volatile market conditions in the Bitcoin market, Bitcoin investors are becoming interested in investing in gold.
I actually thinking that gold possibly on its ATH already, right at this moment.

Although countries are switching to gold for their reserve, I don't think they can break free from not using USD, moreover crypto has allowed USD to be used widely across the globe in flexible manner through stablecoin which make up for these countries' attempt to not use US dollar because guess what, now their citizen holding dollars through crypto stables. see the trading volume of stables and you'd be surprised.

I would not worry for USD to lose its dominance for at least another 10 years. it's still going strong.


Title: Re: Increasing dominance of gold
Post by: DanWalker on April 12, 2025, 04:30:31 AM

I actually thinking that gold possibly on its ATH already, right at this moment.

Although countries are switching to gold for their reserve, I don't think they can break free from not using USD, moreover crypto has allowed USD to be used widely across the globe in flexible manner through stablecoin which make up for these countries' attempt to not use US dollar because guess what, now their citizen holding dollars through crypto stables. see the trading volume of stables and you'd be surprised.

I would not worry for USD to lose its dominance for at least another 10 years. it's still going strong.


Regardless of whether gold prices hit an ATH or not, central banks will continue to buy gold because they see it as a safe haven that helps stabilize the economy. They buy gold to secure the economy, not to speculate like us, so they don't care about the price of gold.
But I agree with you, no matter how much the demand for gold increases, the world cannot eliminate the USD in the near future, it will still be the world's currency for the next few decades.

However, USD is still strong, accounting for 57% of global foreign exchange reserves but not as strong as you might think. USD's dominance has dropped from 66% to 57% since 2015 to date. This ratio will continue to decline in the coming years as BRICS accelerates de-dollarization.

https://www.talkimg.com/images/2025/04/12/xzSnZ.png
https://wolfstreet.com/2025/01/05/status-of-us-dollar-as-global-reserve-currency-usd-share-drops-to-30-year-low-central-banks-pile-on-other-currencies-gold/



Title: Re: Increasing dominance of gold
Post by: justdimin on April 12, 2025, 10:05:42 AM
Gold will be an option in maintaining value that does not have high fluctuations, bitcoin still has high fluctuations so that most governments and institutions make more purchases of gold than bitcoin even though today we see some countries making purchases of bitcoin but little of the portfolio they share to buy bitcoin.
As far as I know, except for El Salvador, no government has bought bitcoin and it's all just rumors. And given the current situation, they will say “No” even more to bitcoin, an extremely volatile asset that is likely to be dumped even further if the economy takes a turn for the worse.
There were talks about central Africa getting some, but yeah you are generally right that they do not "buy" it. However, it is good to remember that they do seize bitcoin all over the world, not just one or two nations, but every nation does that when they can, and sometimes they hold it, and sometimes they sell it.

Germany for example sold bunch of bitcoins for a very cheap price, they must be feeling regret about that, but they had some and sold it which proves that while they may not buy it, they still do get it by seizing it. I agree on gold being a safer place to put money into, specially if you are a government, but this doesn't mean that they are all turning their backs on bitcoin, they are looking into it as well.


Title: Re: Increasing dominance of gold
Post by: TalkativeCoin on April 12, 2025, 10:39:18 AM
The points about states adopting gold to hedge against USD volatility are spot on, JunaidAzizi’s concern about central governments struggling with price control if demand spikes is a real issue. Especially with gold’s price already basically x3 from since 2010.

Bitcoin’s somewhat slower adoption doesn’t mean it lacks value here. Its decentralized nature makes it immune to geopolitical pressures affecting gold, state-controlled price manipulation, or sanctions on physical asset transfers. Countries facing sanctions might find Bitcoin easier to move than gold. I agree with sana84210’s diversification idea about holding both could balance the portfolio, with gold for stability and Bitcoin for its unique resilience in such scenarios.


Title: Re: Increasing dominance of gold
Post by: Republikcoin.com on April 12, 2025, 11:20:53 AM
If the dominance of the US dollar decreases, then gold reserves will automatically increase and people from different countries will continue to invest in gold. Donald Trump's imposition of tariffs on various countries will be responsible for the decline in the dominance of the US dollar. Moreover, due to such volatile market conditions in the Bitcoin market, Bitcoin investors are becoming interested in investing in gold.
Now the price of gold is also still increasing because there are more buyers who do not hesitate to continue exchanging their money into assets such as gold. But Bitcoin investors will also not ignore Bitcoin even though the price of Bitcoin at this time still tends to be stagnant and does not increase sharply, because in a position like this every investor must have the courage to buy Bitcoin even though they may also like gold as another asset that they can rely on to seek more profit in the future.


Title: Re: Increasing dominance of gold
Post by: Kemarit on April 12, 2025, 11:37:19 AM
If the dominance of the US dollar decreases, then gold reserves will automatically increase and people from different countries will continue to invest in gold. Donald Trump's imposition of tariffs on various countries will be responsible for the decline in the dominance of the US dollar. Moreover, due to such volatile market conditions in the Bitcoin market, Bitcoin investors are becoming interested in investing in gold.
Now the price of gold is also still increasing because there are more buyers who do not hesitate to continue exchanging their money into assets such as gold. But Bitcoin investors will also not ignore Bitcoin even though the price of Bitcoin at this time still tends to be stagnant and does not increase sharply, because in a position like this every investor must have the courage to buy Bitcoin even though they may also like gold as another asset that they can rely on to seek more profit in the future.

I heard that gold has reaches a new all time high, so good for them. And by that it means that investors are turning into gold as their new assets, for hedge against their wealth. Nevertheless it might not be final though, as some of them might be really traditional and so they found good as a safe haven.

But I still think that Bitcoin is the best asset for now, we've seen that we have reach $109k, and it's just a matter of time before we can reach that again. For the meantime, if there is investors that are pushing for gold, perhaps there will be sometime as well the it will be Bitcoin that is going to shine and we might see that before the end of the year as usually that is the time that we are going to get that new all time high for this bull run.


Title: Re: Increasing dominance of gold
Post by: eightdots on April 12, 2025, 02:26:57 PM
If the dominance of the US dollar decreases, then gold reserves will automatically increase and people from different countries will continue to invest in gold. Donald Trump's imposition of tariffs on various countries will be responsible for the decline in the dominance of the US dollar. Moreover, due to such volatile market conditions in the Bitcoin market, Bitcoin investors are becoming interested in investing in gold.
Now the price of gold is also still increasing because there are more buyers who do not hesitate to continue exchanging their money into assets such as gold. But Bitcoin investors will also not ignore Bitcoin even though the price of Bitcoin at this time still tends to be stagnant and does not increase sharply, because in a position like this every investor must have the courage to buy Bitcoin even though they may also like gold as another asset that they can rely on to seek more profit in the future.

I heard that gold has reaches a new all time high, so good for them. And by that it means that investors are turning into gold as their new assets, for hedge against their wealth. Nevertheless it might not be final though, as some of them might be really traditional and so they found good as a safe haven.

But I still think that Bitcoin is the best asset for now, we've seen that we have reach $109k, and it's just a matter of time before we can reach that again. For the meantime, if there is investors that are pushing for gold, perhaps there will be sometime as well the it will be Bitcoin that is going to shine and we might see that before the end of the year as usually that is the time that we are going to get that new all time high for this bull run.

Gold is always preferred because it is a traditional investment tool. In some periods, when it is thought that the dominance of the dollar will be lost, the number of people investing in gold increases. People always prefer a safe haven. When there is uncertainty in investment, people do not like uncertain environments and therefore they move their money to a safer investment. The main reason for the rise in gold has always been the same and is the same now.

It is normal for the dominance of gold to increase due to both the fact that it is a traditional investment tool and the increase in uncertainty in the economy.


Title: Re: Increasing dominance of gold
Post by: Swordsoffreedom on April 12, 2025, 02:49:01 PM


But I still think that Bitcoin is the best asset for now, we've seen that we have reach $109k, and it's just a matter of time before we can reach that again. For the meantime, if there is investors that are pushing for gold, perhaps there will be sometime as well the it will be Bitcoin that is going to shine and we might see that before the end of the year as usually that is the time that we are going to get that new all time high for this bull run.

Bitcoin is the best speculative asset because it has the potential to generate the greatest returns, but when it comes to assets used as a store of value or a safe haven to hedge against wealth,  gold is always the best choice .


Bitcoin will also reach ATH but that will depend on the economic situation, if the economy is unstable and falls into recession. That wouldn't be good for bitcoin or other speculative assets like stocks, they would be dumping more instead of growing.


I no longer believe in market cyclicality as the market is increasingly driven by politics and economics, so bitcoin will only be able to rise and reach new ATHs this year if the economy becomes more positive, IMO.


Title: Re: Increasing dominance of gold
Post by: MarjorieZimmermanGinger on April 12, 2025, 05:03:28 PM
I was watching a video where they told that now most countries are depositing gold as reserves instead of buying US dollar deposits. Does this mean that price of gold will be uncontrollable in coming years ? Is it going to affect the buying behavior related to gold for common people ?
It has been happening for a long time and almost many countries are holding gold as an effort to increase reserves to limit dependence on the dollar. The price of gold can be said to be stable and even if it increases, it is not as volatile because for a long time the movement of gold prices has tended to be stable. Recently, gold has experienced a significant price increase momentum, but if traced year by year, the price has increased over a fairly long period.

For the general public, buying gold is a habit that is done because I saw long before people stored gold compared to storing fiat currency and maybe the influence still exists, but gold has become part of the investment for most people before.


Title: Re: Increasing dominance of gold
Post by: Stalker22 on April 16, 2025, 09:28:37 PM
I was watching a video where they told that now most countries are depositing gold as reserves instead of buying US dollar deposits. Does this mean that price of gold will be uncontrollable in coming years ? Is it going to affect the buying behavior related to gold for common people ?
It has been happening for a long time and almost many countries are holding gold as an effort to increase reserves to limit dependence on the dollar. The price of gold can be said to be stable and even if it increases, it is not as volatile because for a long time the movement of gold prices has tended to be stable. Recently, gold has experienced a significant price increase momentum, but if traced year by year, the price has increased over a fairly long period.

For the general public, buying gold is a habit that is done because I saw long before people stored gold compared to storing fiat currency and maybe the influence still exists, but gold has become part of the investment for most people before.

Bluntly put, you're both right and wrong. Its true that some countries have been buying up more gold to rely less on the dollar - thats not new.  And yeah, in the past gold was viewed as stable store of value you could count on.   

But to say gold prices are always stable and not volatile just isnt right.  The price of gold goes up and down a lot. Not like cryptocurrencies, of course, but still.  The big price jumps we have seen lately is volatility, plain and simple.


Title: Re: Increasing dominance of gold
Post by: STT on April 16, 2025, 11:33:07 PM
Quote
most countries are depositing gold as reserves

Its a good question even if its a very old one, its a constant debate between the two.   Gold reserves are ancient and much neglected as of late.   The gold cannot yield anything as its a plain deposit or asset saving but its very reliable in that gold never changes where as the dollar is feared right now to have gigantic changes that people fear so much that gold is ahead most likely now and for many years imo.  

I dont see gold as dominant, I see it has fallen behind by so much in any reasonable usage it could double more then once and still not catch up to the run away FIAT usage.   FIAT also has so many ongoing problems especially in its integrity that gold is not even close to dominant so far, gold can keep gaining is my basic take from its subdued position of a half century or more.   Theres alot of space for readjustment imo.


Title: Re: Increasing dominance of gold
Post by: Onyeeze on April 16, 2025, 11:33:11 PM
I was watching a video where they told that now most countries are depositing gold as reserves instead of buying US dollar deposits. Does this mean that price of gold will be uncontrollable in coming years ? Is it going to affect the buying behavior related to gold for common people ?
most of the countries that likes to boost their economy likely in five years coming, they do like to invest on something that will resurrect their economy and the thing will have a store of values, so I think we are supposed to know the economy of a country can only be good through the governoring council of the country, theirs some country who build theirs countries for future purposes and some to do not bother for the future betterment of their country.


Title: Re: Increasing dominance of gold
Post by: Iranus on April 17, 2025, 08:34:07 AM


Bluntly put, you're both right and wrong. Its true that some countries have been buying up more gold to rely less on the dollar - thats not new.  And yeah, in the past gold was viewed as stable store of value you could count on.   

But to say gold prices are always stable and not volatile just isnt right.  The price of gold goes up and down a lot. Not like cryptocurrencies, of course, but still.  The big price jumps we have seen lately is volatility, plain and simple.

If we compare the volatility of gold with other assets like fiat money, bitcoin or stocks...it is not wrong to say that gold is more stable.

People often say gold is stable, meaning it is not dumped and has little volatility due to factors such as inflation, economic crisis...Gold prices are stable but not fixed, we need to distinguish these two things are different.

Furthermore, volatility includes both increases and decreases but the term “volatility” is usually only used in cases where prices change sharply, suddenly and unpredictably.


Title: Re: Increasing dominance of gold
Post by: landheer on April 17, 2025, 09:00:11 AM

If we compare the volatility of gold with other assets like fiat money, bitcoin or stocks...it is not wrong to say that gold is more stable.

People often say gold is stable, meaning it is not dumped and has little volatility due to factors such as inflation, economic crisis...Gold prices are stable but not fixed, we need to distinguish these two things are different.

Furthermore, volatility includes both increases and decreases but the term “volatility” is usually only used in cases where prices change sharply, suddenly and unpredictably.
Yes, it can happen and affect the value of gold, but the price can be volatile and caused by various factors and many influence it with the difference in the value of the goods, but it is different with gold even though the price is not fixed, but in the sense that it does not fall too much, its value is still stable, at most it shifts a few percent from the purchase price of the gold, when compared to other assets, of course gold is much better.


Title: Re: Increasing dominance of gold
Post by: Stalker22 on April 17, 2025, 08:56:30 PM
If we compare the volatility of gold with other assets like fiat money, bitcoin or stocks...it is not wrong to say that gold is more stable.
~

Well, I beg to differ. I think historical data shows that major fiat currencies, such as the dollar or euro, exhibit lower volatility than gold. Yes, fiat currencies can also experience periods of significant fluctuation (fo example, during periods of high inflation or economic crises), but gold tends to have larger percentage swings over shorter periods.  As proof, look at the price in just the past few days or weeks, for example.


Title: Re: Increasing dominance of gold
Post by: Abiky on April 17, 2025, 09:27:27 PM
Regardless of whether gold prices hit an ATH or not, central banks will continue to buy gold because they see it as a safe haven that helps stabilize the economy. They buy gold to secure the economy, not to speculate like us, so they don't care about the price of gold.
But I agree with you, no matter how much the demand for gold increases, the world cannot eliminate the USD in the near future, it will still be the world's currency for the next few decades.

However, USD is still strong, accounting for 57% of global foreign exchange reserves but not as strong as you might think. USD's dominance has dropped from 66% to 57% since 2015 to date. This ratio will continue to decline in the coming years as BRICS accelerates de-dollarization.

https://wolfstreet.com/2025/01/05/status-of-us-dollar-as-global-reserve-currency-usd-share-drops-to-30-year-low-central-banks-pile-on-other-currencies-gold/

Well, USD's dominance will decline even faster with economic uncertainty in the US due to Donald Trump's tariffs. Countries might begin to move away from the USD as some sort of retaliatory measure against the on-going trade wars. BRICS already has two of the world's strongest economic forces (Russia and China), so there's a high chance it will succeed in the long run. The bloc can simply create its very own digital currency backed by Gold, Bitcoin, or even Oil. It might even challenge the EU itself.

As for Gold, I believe it will continue to rise due to rising geopolitical conflicts and economy uncertainty. Bitcoin will eventually "catch up" due to its limited supply and increasing demand. It is better than Gold, imo (portable, predictable supply, etc). There's no telling what will happen in the future, so I'd hope for the best. :D


Title: Re: Increasing dominance of gold
Post by: Iranus on April 18, 2025, 08:06:47 AM
If we compare the volatility of gold with other assets like fiat money, bitcoin or stocks...it is not wrong to say that gold is more stable.
~

Well, I beg to differ. I think historical data shows that major fiat currencies, such as the dollar or euro, exhibit lower volatility than gold. Yes, fiat currencies can also experience periods of significant fluctuation (fo example, during periods of high inflation or economic crises), but gold tends to have larger percentage swings over shorter periods.  As proof, look at the price in just the past few days or weeks, for example.


Well, looking at the current gold price, we can easily see that gold is more volatile than currencies like USD, gold has increased by almost 50% from April 2024 to April 2025. But in my opinion, the recent increase in gold prices is not only due to increased demand but also due to the depreciation of the US dollar. Governments are losing faith in the US dollar and are increasing gold imports at record levels, which has pushed gold prices up.

The value of inflation-hedged assets like gold or bitcoin increases not only because of increased demand but also because of inflation, the depreciation of fiat over time.


Title: Re: Increasing dominance of gold
Post by: bubilas on April 19, 2025, 01:05:49 PM
I was watching a video where they told that now most countries are depositing gold as reserves instead of buying US dollar deposits. Does this mean that price of gold will be uncontrollable in coming years ? Is it going to affect the buying behavior related to gold for common people ?

Until recently, gold was considered a safe haven currency, unlike cryptocurrencies, which were considered a rather risky asset, but recently the price of gold has risen so much that it has become unsafe to invest in it, because there is a simple law that if an asset is expensive, then when investing in it, it can collapse at any time.
At the same time, everyone continues to invest in gold because they don’t know any other way to save their money.


Title: Re: Increasing dominance of gold
Post by: Oluwa-btc on April 19, 2025, 01:14:26 PM
I was watching a video where they told that now most countries are depositing gold as reserves instead of buying US dollar deposits. Does this mean that price of gold will be uncontrollable in coming years ? Is it going to affect the buying behavior related to gold for common people ?

It's clear enough to understand that gold is becoming more profitable as time goes on and a more reason people need to be fast and smart enough to hold it, and one thing that has made it differently from Bitcoin is the fact that it's a natural gift and with that nothing can change it's stability but compared to some years back it's been on a constant increase which has made alot of investors see much need to have it.So this is the main reason those countries are depositing gold in reserves for long term that would be of more benefits in the long run.


Title: Re: Increasing dominance of gold
Post by: Republikcoin.com on April 19, 2025, 01:30:43 PM
Yes, it can happen and affect the value of gold, but the price can be volatile and caused by various factors and many influence it with the difference in the value of the goods, but it is different with gold even though the price is not fixed, but in the sense that it does not fall too much, its value is still stable, at most it shifts a few percent from the purchase price of the gold, when compared to other assets, of course gold is much better.
Gold is still known as an asset that is able to store the value of money better and can even provide benefits to its holders when the price of gold starts to increase again. We can see this in the last few days where the price of gold has increased several times, making more people surprised because this must be due to more gold buyers at this time. So it is not surprising that gold must still be considered good from other assets in its class in terms of price and value, but on every occasion we who already know about Bitcoin should not ignore Bitcoin and only rely on gold when we want to invest, because Bitcoin is also the best asset in terms of future investment.


Title: Re: Increasing dominance of gold
Post by: DanWalker on April 20, 2025, 03:59:12 AM


Until recently, gold was considered a safe haven currency, unlike cryptocurrencies, which were considered a rather risky asset,


Gold has been considered a safe haven for hundreds of years, not just recently.


but recently the price of gold has risen so much that it has become unsafe to invest in it, because there is a simple law that if an asset is expensive, then when investing in it, it can collapse at any time.

Like other assets, gold prices can also correct when they peak, but they rise due to geopolitical and economic uncertainty, not speculation. Therefore, as long as the economy remains unstable, gold prices will not fall, and even if they do fall, gold will not be dumped like bitcoin or other speculative assets. Because the biggest holders of gold are central banks and they tend to buy in, rarely sell.

At the same time, everyone continues to invest in gold because they don’t know any other way to save their money.

I think people still choose gold over other assets because they know that it is the best and safest asset in the world.


Title: Re: Increasing dominance of gold
Post by: Hanadawa on April 20, 2025, 11:34:13 AM
Quote
most countries are depositing gold as reserves
I dont see gold as dominant, I see it has fallen behind by so much in any reasonable usage it could double more then once and still not catch up to the run away FIAT usage.   FIAT also has so many ongoing problems especially in its integrity that gold is not even close to dominant so far, gold can keep gaining is my basic take from its subdued position of a half century or more.   Theres alot of space for readjustment imo.
Although it is not mentioned on the official website, I am sure that many countries in the world have started storing gold as their foreign exchange reserves. So far, China has reportedly stored their foreign exchange reserves in the form of gold and that is a big advantage for them. I think countries' confidence in the dollar has decreased drastically. I mean they can print money whenever they want and this has an impact on inflation which ranges from 10-15% each year. I think countries have begun to realize that storing assets in gold or Bitcoin is much safer than FIAT currencies. I think one of the reasons why China is not afraid of a trade war with the United States is because they have foreign exchange reserves in forms other than dollars or yuan. So even if the United States bans the yuan as an international currency, China can still trade using their gold.


Title: Re: Increasing dominance of gold
Post by: BALIK on April 22, 2025, 05:29:03 AM

I think one of the reasons why China is not afraid of a trade war with the United States is because they have foreign exchange reserves in forms other than dollars or yuan. So even if the United States bans the yuan as an international currency, China can still trade using their gold.

Although gold reserves or increasing national reserves are intended to hedge against geopolitical risks, inflation and prepare for potential sanctions...and so far, China is holding 2.2 thousand tons of gold. But I think the reason China is not afraid of the United States in the trade war is because they are confident in the internal strength of their own economy. Not only are they the world's largest exporting nation, they are also the world's second largest consumer market. That means they believe they have enough strength to sustain the economy in the face of a trade war with the US, which has nothing to do with gold reserves because they will not use national reserves indiscriminately or when not really necessary.


Title: Re: Increasing dominance of gold
Post by: viljy on April 22, 2025, 09:09:46 AM
~
So even if the United States bans the yuan as an international currency, China can still trade using their gold.

How is this even possible? I don't think Trump is powerful enough to ban any currency, especially the Chinese one. This would put him in an even more stupid position than with the tariffs. By the way, the yuan is included in the IMF's SDR. The IMF is controlled by globalists, just like the Fed. These are Trump's opponents. And so far, they're too much for him. But if Trump gets control of the Fed, he will be able to continue his "elephant in the china shop" actions, which will eventually cause the collapse of the dollar system, not the yuan...



Title: Re: Increasing dominance of gold
Post by: Mate2237 on April 22, 2025, 06:38:46 PM

I think one of the reasons why China is not afraid of a trade war with the United States is because they have foreign exchange reserves in forms other than dollars or yuan. So even if the United States bans the yuan as an international currency, China can still trade using their gold.

Although gold reserves or increasing national reserves are intended to hedge against geopolitical risks, inflation and prepare for potential sanctions...and so far, China is holding 2.2 thousand tons of gold. But I think the reason China is not afraid of the United States in the trade war is because they are confident in the internal strength of their own economy. Not only are they the world's largest exporting nation, they are also the world's second largest consumer market. That means they believe they have enough strength to sustain the economy in the face of a trade war with the US, which has nothing to do with gold reserves because they will not use national reserves indiscriminately or when not really necessary.
The fact is that China is one country that has developed themselves to the point where they can't be ordered around by the United States of America or any other country of the world in terms of economic sustainability China has been able to sustain their economy in the last two decades and has grown to the point of even expanding their agenda's overseas through their loans and things that they do so China can sustain their economy in any situation.


China is one of the world largest exporters in the world today so even if the United States of America decides to add tariffs on Chinese goods or decides to band goods from China to be entering the United States China will not shake because there are allot of countries that still prioritize goods from China


Title: Re: Increasing dominance of gold
Post by: BALIK on April 23, 2025, 01:47:50 AM


Although gold reserves or increasing national reserves are intended to hedge against geopolitical risks, inflation and prepare for potential sanctions...and so far, China is holding 2.2 thousand tons of gold. But I think the reason China is not afraid of the United States in the trade war is because they are confident in the internal strength of their own economy. Not only are they the world's largest exporting nation, they are also the world's second largest consumer market. That means they believe they have enough strength to sustain the economy in the face of a trade war with the US, which has nothing to do with gold reserves because they will not use national reserves indiscriminately or when not really necessary.
The fact is that China is one country that has developed themselves to the point where they can't be ordered around by the United States of America or any other country of the world in terms of economic sustainability China has been able to sustain their economy in the last two decades and has grown to the point of even expanding their agenda's overseas through their loans and things that they do so China can sustain their economy in any situation.


China is one of the world largest exporters in the world today so even if the United States of America decides to add tariffs on Chinese goods or decides to band goods from China to be entering the United States China will not shake because there are allot of countries that still prioritize goods from China
As I said, they are not only the world's factory but also the second largest consumer market after the United States, they are the only superpower that can be economically self-sufficient. So any potential threat from the outside can affect them, but making them tremble or weaken is extremely difficult. The US can only slow down China's development in the short term, but it cannot completely stop their development, and it is too late to do so.

China's total annual exports are $3.5 trillion, of which more than $400 billion are exported to the US market. In addition, they also have large markets such as Hong Kong (291 billion), Germany (97 billion), Japan (139 billion), India, Russia...and many other trading partners. Indeed, if the trade war does not end soon, I believe the US will be the one to suffer more significant damage.


Title: Re: Increasing dominance of gold
Post by: Sjkah on April 23, 2025, 08:58:37 AM
The price of gold is increasing day by day. The price of gold has increased three times from what it was three years ago. People are now hoarding gold without investing in Bitcoin or saving any dollars. The price of gold is increasing so much that people are now interested in hoarding gold. They think that if they invest in Bitcoin, the price can go down or up at any time, which is not guaranteed. But the way the price of gold is increasing, it will always increase.


Title: Re: Increasing dominance of gold
Post by: fruktik on April 23, 2025, 09:22:22 AM
If we compare the volatility of gold with other assets like fiat money, bitcoin or stocks...it is not wrong to say that gold is more stable.

People often say gold is stable, meaning it is not dumped and has little volatility due to factors such as inflation, economic crisis...Gold prices are stable but not fixed, we need to distinguish these two things are different.

Furthermore, volatility includes both increases and decreases but the term “volatility” is usually only used in cases where prices change sharply, suddenly and unpredictably.
Is gold more stable? Don't talk nonsense. It can fall in price just as much as other speculative instruments. What's especially dangerous is that it has incredibly strong volatility. Large amplitude fluctuations during the day. It takes out stop orders in no time.

I remember the moment when I was trading gold. So, it fell in price for almost 6 months in a row. This wiped out my entire deposit, which was more than 1k dollars. This really shook me. I didn't think that such a thing could happen.


Title: Re: Increasing dominance of gold
Post by: hyudien on April 23, 2025, 10:41:32 AM
Is gold more stable? Don't talk nonsense. It can fall in price just as much as other speculative instruments. What's especially dangerous is that it has incredibly strong volatility. Large amplitude fluctuations during the day. It takes out stop orders in no time.

I remember the moment when I was trading gold. So, it fell in price for almost 6 months in a row. This wiped out my entire deposit, which was more than 1k dollars. This really shook me. I didn't think that such a thing could happen.
Although gold is included in the low risk category in terms of investment and is considered a safe haven asset, in gold trading it can cause losses. The volatility of gold prices can cause major losses if not managed properly, just like what you experienced, therefore this is where risk management is important, I usually use stop loss and set position size so that even if my trading activity does not match my expectations, I do not experience too much loss and I always apply this in trading, besides that as far as I remember, in 2011-2015, gold prices fell by 45% due to rising interest rates, so indeed both in investment and gold trading still contain risks that must be anticipated.


Title: Re: Increasing dominance of gold
Post by: summonerrk on April 23, 2025, 11:06:01 AM
Is gold more stable? Don't talk nonsense. It can fall in price just as much as other speculative instruments. What's especially dangerous is that it has incredibly strong volatility. Large amplitude fluctuations during the day. It takes out stop orders in no time.

I remember the moment when I was trading gold. So, it fell in price for almost 6 months in a row. This wiped out my entire deposit, which was more than 1k dollars. This really shook me. I didn't think that such a thing could happen.
Although gold is included in the low risk category in terms of investment and is considered a safe haven asset, in gold trading it can cause losses. The volatility of gold prices can cause major losses if not managed properly, just like what you experienced, therefore this is where risk management is important, I usually use stop loss and set position size so that even if my trading activity does not match my expectations, I do not experience too much loss and I always apply this in trading, besides that as far as I remember, in 2011-2015, gold prices fell by 45% due to rising interest rates, so indeed both in investment and gold trading still contain risks that must be anticipated.

Absolutely right, and in the country where I live, gold can only be bought in official state banks, and they take great advantage of this, as if they had merged into one Monopoly.
And the whole difficulty of successful gold trading is that banks give a huge spread on buying and selling gold from them.
The spread between the rates is 11% and for me it's just a huge gap.
That is, if you entered into a deal, you would only reach zero profitability when the price increases by 11%.


Title: Re: Increasing dominance of gold
Post by: Minor Miner on April 23, 2025, 01:16:16 PM

Is gold more stable? Don't talk nonsense. It can fall in price just as much as other speculative instruments. What's especially dangerous is that it has incredibly strong volatility. Large amplitude fluctuations during the day. It takes out stop orders in no time.

I remember the moment when I was trading gold. So, it fell in price for almost 6 months in a row. This wiped out my entire deposit, which was more than 1k dollars. This really shook me. I didn't think that such a thing could happen.

It sounds like you are talking about trading gold on the forex market and not investing in physical gold. I don't think it's correct to use gold's volatility in the forex market to measure and evaluate gold's volatility. Since forex trading involves leverage, the higher the leverage ratio, the greater the price fluctuations. The volatility of 1:100 leverage will be completely different when you use 1:1000 leverage.

Gold is still volatile but when compared to bitcoin gold, stocks...other speculative assets gold is much more stable. It is not without reason that governments consider gold as the only safe haven and the first choice to protect their economies. Gold is the most stable, safe and reliable asset.


Title: Re: Increasing dominance of gold
Post by: DanWalker on April 23, 2025, 01:30:13 PM
in 2011-2015, gold prices fell by 45% due to rising interest rates, so indeed both in investment and gold trading still contain risks that must be anticipated.
As far as I know, gold had a market cap of 10 trillion in 2011-2015 before it was dumped and pulled down to just over 5 trillion. This is indeed a big drop as gold is considered a safe haven. But that further shows that even a safe haven like gold can be dumped and lose more than 45% of its value. Speculative assets like bitcoin, with their relatively young age and market capitalization of $1 to $2 trillion, they will face greater risks than we think. The worst things we never believed would happen to bitcoin could happen one day.

Therefore, we must be more careful and not be subjective with speculative investments like bitcoin.





Title: Re: Increasing dominance of gold
Post by: STT on April 23, 2025, 06:58:22 PM
The price fell and the asset remained, some buyers want the price to fall because it only means they receive more and exchange less for the same amount of gold.  Same is said of BTC sometimes as its the same principle, dollar price moving about is frequently nonsense and a reflection of politics with no real worth beyond taking the economy hostage to pay govenments bills.

China has been buying gold gigantically for 25 years now, they started off this century as a new entrant to world free trade and with absolutely no gold in reserve.  Russia has kept gold for generations but China is famous for destroying its own nation and people so they had no gold and so therefore a giant reliance on Dollar for its foreign reserves.
  The largest buyer in the world every year is China, the largest producer replacing South Africa long ago with their naturally high geological reserves.   In future years it wont change China is king of gold and rare earths I think which is giving them strategic advantage that is far superior to discussions on price, especially a price in dollar which we know is in decline continually by design.

  Since China can and will likely goto war with a large part of the planet at some point declaring they own the south China sea and all nations within it is a serious statement to them and also could lead to millions of deaths for any who disagree.
  China cannot wage war while holding Dollar debt as their main reserve asset, Russia has the same policy of invading countries destroying families living their for a profit, they have no intention to rely on dollar but instead hold gold and have profited from the current rises to many billions I believe, similar to the oil price rises during the Ukraine first invasion etc.

It has been a real mistep for USA to not recognize how much influence they had from this global reserve position gifted to them for decades.   It is of great benefit to have this status, many envy such a place in world trade.  To have to mine gold instead would be far harder work but probably of global benefit for fairer division of power more equally; unfortunately I think China already started this race decades ago with a silenced pistol instead of a starter gun, they do appreciate gold being under valued.

  Correct value in gold markets if dollar falls as a reserve to near zero like Sterling was #1 then not is probably as high as 10,000 per troy ounce which most including myself find hard to believe but thats how massive dollar is in trade now, swap it out and gold should be that high probably.


Title: Re: Increasing dominance of gold
Post by: tygeade on April 23, 2025, 07:16:23 PM
Until recently, gold was considered a safe haven currency, unlike cryptocurrencies, which were considered a rather risky asset, but recently the price of gold has risen so much that it has become unsafe to invest in it, because there is a simple law that if an asset is expensive, then when investing in it, it can collapse at any time.
At the same time, everyone continues to invest in gold because they don’t know any other way to save their money.
Gold is still considered a safe haven because, in the long run, the price of gold has consistently increased. According to TradingView (https://www.tradingview.com/symbols/XAUUSD/), the price of gold has grown 5% in the last 5 days, 10% in a month, 24% within 6 months, 41% in a year, and 100% in 5 years. This proves that the price of gold mostly appreciates in the long run, and short-term volatility doesn't affect that. This is the reason why people consider gold as a more stable way of storing their wealth, because they know their money isn't going to lose value overnight, unlike Bitcoin, which can have very quick price changes.

Other than that, gold has also been around for centuries, and for that reason, most people trust it more than assets that have come barely two decades ago, such as Bitcoin and cryptocurrencies. Bitcoin is the choice of those who want quick profits, but gold is the choice of those who want steady long-term profits and an intact value for the money they invest in it.


Title: Re: Increasing dominance of gold
Post by: Fortify on April 26, 2025, 03:31:06 PM
I was watching a video where they told that now most countries are depositing gold as reserves instead of buying US dollar deposits. Does this mean that price of gold will be uncontrollable in coming years ? Is it going to affect the buying behavior related to gold for common people ?

Countries have always used gold to diversify their foreign reserves - among many other assets it gives some credibility to their own currency. At the moment we see a massive upheaval in the world economic order because of the erratic actions of the US president, he has done a lot of damage to the US dollar in the last few weeks which has traditionally been the "flight to safety" currency. Gold might continue to rise steadily, because there is a finite supply of it and it actually has industrial uses alongside cultural demand. If the government of big countries have decided to start moving their money into gold, it will effect the consumer market because there will be a competition for those limited supplies.


Title: Re: Increasing dominance of gold
Post by: Abiky on May 01, 2025, 10:31:02 PM
Gold is still considered a safe haven because, in the long run, the price of gold has consistently increased. According to TradingView (https://www.tradingview.com/symbols/XAUUSD/), the price of gold has grown 5% in the last 5 days, 10% in a month, 24% within 6 months, 41% in a year, and 100% in 5 years. This proves that the price of gold mostly appreciates in the long run, and short-term volatility doesn't affect that. This is the reason why people consider gold as a more stable way of storing their wealth, because they know their money isn't going to lose value overnight, unlike Bitcoin, which can have very quick price changes.

Other than that, gold has also been around for centuries, and for that reason, most people trust it more than assets that have come barely two decades ago, such as Bitcoin and cryptocurrencies. Bitcoin is the choice of those who want quick profits, but gold is the choice of those who want steady long-term profits and an intact value for the money they invest in it.

Gold is stable alright. But returns aren't as much as Bitcoin in the long term. Investors want a greater ROI, so they will choose Bitcoin instead. Some will choose only Gold because of its "high level of trust". Such mindset will change in the future as the world transitions into the digital era.

Eventually, Gold will lose investor appeal as focus is shifted into jewelry and electronics. Gold's increasing dominance these days is only temporary. Bitcoin will replace it as the world's next "Digital Gold". Who knows how long will it take for this to become a reality?


Title: Re: Increasing dominance of gold
Post by: AmoreJaz on May 01, 2025, 10:59:33 PM
Countries have always used gold to diversify their foreign reserves - among many other assets it gives some credibility to their own currency. At the moment we see a massive upheaval in the world economic order because of the erratic actions of the US president, he has done a lot of damage to the US dollar in the last few weeks which has traditionally been the "flight to safety" currency. Gold might continue to rise steadily, because there is a finite supply of it and it actually has industrial uses alongside cultural demand. If the government of big countries have decided to start moving their money into gold, it will effect the consumer market because there will be a competition for those limited supplies.

Gold up until today is still one of the tangible reserves that a country can hold and serves as part of their assets. I believe it is one of the oldest assets that most countries all holding onto. We can only assure that people as well as countries can hold this tangible asset but we don't know  what the future holds in terms of possessing tangible assets.

Until recently, gold was considered a safe haven currency, unlike cryptocurrencies, which were considered a rather risky asset, but recently the price of gold has risen so much that it has become unsafe to invest in it, because there is a simple law that if an asset is expensive, then when investing in it, it can collapse at any time.
At the same time, everyone continues to invest in gold because they don’t know any other way to save their money.

We can say, gold is still one of the tangible assets that a country can own up until today. Every country has vested interest on this asset and it is always part of their list of assets. The more gold that a country have, the better for them to beat financial hurdles happening around the world. For a regular person, gold is still one of the go-to when it comes to tangible asset.


Title: Re: Increasing dominance of gold
Post by: SATWAT on May 01, 2025, 11:11:01 PM
Gold is still considered a safe haven because, in the long run, the price of gold has consistently increased. According to TradingView (https://www.tradingview.com/symbols/XAUUSD/), the price of gold has grown 5% in the last 5 days, 10% in a month, 24% within 6 months, 41% in a year, and 100% in 5 years. This proves that the price of gold mostly appreciates in the long run, and short-term volatility doesn't affect that. This is the reason why people consider gold as a more stable way of storing their wealth, because they know their money isn't going to lose value overnight, unlike Bitcoin, which can have very quick price changes.

Other than that, gold has also been around for centuries, and for that reason, most people trust it more than assets that have come barely two decades ago, such as Bitcoin and cryptocurrencies. Bitcoin is the choice of those who want quick profits, but gold is the choice of those who want steady long-term profits and an intact value for the money they invest in it.

Gold is stable alright. But returns aren't as much as Bitcoin in the long term. Investors want a greater ROI, so they will choose Bitcoin instead. Some will choose only Gold because of its "high level of trust". Such mindset will change in the future as the world transitions into the digital era.

Eventually, Gold will lose investor appeal as focus is shifted into jewelry and electronics. Gold's increasing dominance these days is only temporary. Bitcoin will replace it as the world's next "Digital Gold". Who knows how long will it take for this to become a reality?
Change of mindset is surely important but here few other things also having trouble for many while they are thinking about bitcoin Gold is surely having many places to stock but in Bitcoin losing of password is also hurting badly.
I personally invited few peoples, but sadly few ended on worst as they lost their wallet access and now having nothing to do with their coins. Need giving awareness and education about this also important because this can give better understanding which is going to increase confidence of investors instead of going for anything else if community can give some better guidelines this is most important.
Gold could be stayed at top for many decades because its dominance is not new it's around for centuries even future is looking not as past but still its looking not challengeable.


Title: Re: Increasing dominance of gold
Post by: shinratensei_ on May 02, 2025, 04:26:05 AM
I was watching a video where they told that now most countries are depositing gold as reserves instead of buying US dollar deposits. Does this mean that price of gold will be uncontrollable in coming years ? Is it going to affect the buying behavior related to gold for common people ?

Countries have always used gold to diversify their foreign reserves - among many other assets it gives some credibility to their own currency. At the moment we see a massive upheaval in the world economic order because of the erratic actions of the US president, he has done a lot of damage to the US dollar in the last few weeks which has traditionally been the "flight to safety" currency. Gold might continue to rise steadily, because there is a finite supply of it and it actually has industrial uses alongside cultural demand. If the government of big countries have decided to start moving their money into gold, it will effect the consumer market because there will be a competition for those limited supplies.
Can't deny most of people already thinks of credibility when it comes to gold, but is it finite though? it's considered finite because we rarely found gold mine, but even asteroid contains gold. until space exploration possible, it will stay finite I guess, but I don't know when human can mine asteroid or even other planet.
On the other hand, bitcoin is secured by math, can't be replicated and supply is capped. Countries need to start looking at BTC and consider it as a reserve.


Title: Re: Increasing dominance of gold
Post by: Abiky on May 02, 2025, 03:47:24 PM
Can't deny most of people already thinks of credibility when it comes to gold, but is it finite though? it's considered finite because we rarely found gold mine, but even asteroid contains gold. until space exploration possible, it will stay finite I guess, but I don't know when human can mine asteroid or even other planet.
On the other hand, bitcoin is secured by math, can't be replicated and supply is capped. Countries need to start looking at BTC and consider it as a reserve.

I knew it. Gold was a scam all along. There are plenty of it available for everyone (if what you say about the asteroids is true). On top of that, countries are suddenly discovering new Gold deposits (China, El Salvador, etc). Gold's position as a "store of value" could be ending soon. Bitcoin, on the other hand, has a fixed and predictable supply of no more than 21m coins.

Some say Bitcoin's supply can be changed, but that requires a consensus of a supermajority of nodes and miners for it to be approved. I doubt the community would want to mess with Bitcoin's scarcity. Hopefully, BTC will replace Gold in the future. The "party" is just getting started. Just keep growing your stack of Bitcoin and forget about the rest. :D


Title: Re: Increasing dominance of gold
Post by: G_Besar on May 02, 2025, 08:04:10 PM

I knew it. Gold was a scam all along. There are plenty of it available for everyone (if what you say about the asteroids is true). On top of that, countries are suddenly discovering new Gold deposits (China, El Salvador, etc). Gold's position as a "store of value" could be ending soon. Bitcoin, on the other hand, has a fixed and predictable supply of no more than 21m coins.

Some say Bitcoin's supply can be changed, but that requires a consensus of a supermajority of nodes and miners for it to be approved. I doubt the community would want to mess with Bitcoin's scarcity. Hopefully, BTC will replace Gold in the future. The "party" is just getting started. Just keep growing your stack of Bitcoin and forget about the rest. :D
Gold remains the best commodity that is always hunted and a reference for everyone, although there are different opinions, in my opinion gold still shines even in the mud. And I also do not deny Bitcoin which is also a prima donna in itself when technology has truly been able to dominate the corners of the world.