can gold be a short-term investment ?

[asad777]

just wondering if it can be short-term investment
i was thinking about it and said no
gold price changes in years not days
what do you think about this ?

[1715080247]

1715080247

[1715080247]

1715080247

[1715080247]

1715080247

[GriffinHeart]

just wondering if it can be short-term investment
i was thinking about it and said no
gold price changes in years not days
what do you think about this ?

I think not, trading with gold is much more... Effective than hoping the price will return from it's 5 year low for a minuscule profit. Short term, of course not, long term, possibly? Trading, always an option if done correctly.

[manselr]

IF you look at the all time graphs on gold you'll see that gold is either a long term investment or just a store of value. The pump and dumps happen in way less liquid markets such as BTC, and even then it's still not worth it, I mean if you want to gamble you might as well go to the casino.

[bryant.coleman]

Gold was never meant to be a form of investment which is suitable for short-term duration. However, in certain circumstances, it can be considered as a short-term asset. Consider a country such as Venezuela or Ukraine, which is being ravaged by hyper-inflation. Gold can be the most accessible and risk-free asset, which can help you to retain your wealth.

[randy8777]

i personally don't consider gold an investment. to me it is just a way of storing value. but if you look at it from an investor point of view, then it is more a long term investment.

[odolvlobo]

just wondering if it can be short-term investment
i was thinking about it and said no
gold price changes in years not days
what do you think about this ?

Do you have insights into the short-term fluctuations in the price of gold? If not, then short-term would be more gambling than investing. Of course, the same could be said for long term.

[NorrisK]

just wondering if it can be short-term investment
i was thinking about it and said no
gold price changes in years not days
what do you think about this ?

Do you have insights into the short-term fluctuations in the price of gold? If not, then short-term would be more gambling than investing. Of course, the same could be said for long term.

The problem is that short term swings are too small to make a decent profit.. Unless you hold a substaintial amount of gold, but that may not be realistic.

[Amph]

just wondering if it can be short-term investment
i was thinking about it and said no
gold price changes in years not days
what do you think about this ?

Do you have insights into the short-term fluctuations in the price of gold? If not, then short-term would be more gambling than investing. Of course, the same could be said for long term.

The problem is that short term swings are too small to make a decent profit.. Unless you hold a substaintial amount of gold, but that may not be realistic.

they said that leverage was done for this kind of reason, you have small fluctuation and small amount, you simply borrow from them x20, for big profit if you're good

[OROBTC]

just wondering if it can be short-term investment
i was thinking about it and said no
gold price changes in years not days
what do you think about this ?

asad777, I think bryant.coleman gets it just right: it depends on your circumstances.  If you live anywhere dangerous, yes, OK, gold is great for a short-term investment.  Portable, liquid and easy to hide.

But, gold's real value is that it has been the best Store of Value for over 5000 years...

For me, diversification is the key.  Gold has relatively low correlation with other investments.  You (and everyone) should consider gold if you have children...  "Intergenerational Wealth" (FOFOA).

[Mickeyb]

just wondering if it can be short-term investment
i was thinking about it and said no
gold price changes in years not days
what do you think about this ?

It just depends. A real short term investment where you expect to yield a return in a short period of time, no I don't think that gold can fulfill this. On the other side if you need to get the money out of the country it can serve you well, but I don't consider that as an investment.

Gold moves slowly and in much longer spans, that's why the gold is perfect for investing in longer periods of time, not in short since you just won't have much of the price movement.

[MinerHQ]

just wondering if it can be short-term investment
i was thinking about it and said no
gold price changes in years not days
what do you think about this ?

Do you have insights into the short-term fluctuations in the price of gold? If not, then short-term would be more gambling than investing. Of course, the same could be said for long term.

The problem is that short term swings are too small to make a decent profit.. Unless you hold a substaintial amount of gold, but that may not be realistic.

Yes it is correct gold moves quite slowly so if one want to make a decent profit then he has to trade gold in bigger quantity. So what I think is gold is good for long term investments.

[Lethn]

Precious metals are definitely long term you should also use them as an inflation hedge to protect yourself in a crisis, if paper money ends you'll want to have a stash of silver to trade with.

[oblivi]

Precious metals are definitely long term you should also use them as an inflation hedge to protect yourself in a crisis, if paper money ends you'll want to have a stash of silver to trade with.

Well, if paper money ends that would basically mean tons of purchasing power flowing into Bitcoin and metals, so anyone holding a decent amount would automatically be rich, you would be able to choose what to use to trade with at that point.

[dothebeats]

Gold is definitely a long-term investment, the charts already point it out. Shorting it wouldn't be a great idea since its price only moves in a span of weeks or months. Also, gold could be a great storage of value if that's what you're looking for aside from keeping it as a long-term investment.

[Lethn]

Precious metals are definitely long term you should also use them as an inflation hedge to protect yourself in a crisis, if paper money ends you'll want to have a stash of silver to trade with.

Well, if paper money ends that would basically mean tons of purchasing power flowing into Bitcoin and metals, so anyone holding a decent amount would automatically be rich, you would be able to choose what to use to trade with at that point.

That's my plan ^_^

[Gyfts]

I do not see gold being a short term investment. The only way I see it's value increasing hugely over a short period of time to make it "short term" is some sort of economic meltdown. While it's been "predicted" for ages now, I don't see it happening in the foreseeable future.

[avatar_kiyoshi]

just wondering if it can be short-term investment
i was thinking about it and said no
gold price changes in years not days
what do you think about this ?

No, gold is the best for long-term investment.
like @Lethn said, gold can safe yourself when in crisis. it's like Bitcoin, but the different is the price is volatile than gold. Bitcoin can be short-term investment and for earn more profit it can be long-term investment.

[bitcoinmasterlord]

Nobody knows which direction gold is heading next in short term. Buying gold is like placing a bet on red or black at the roulette table for short term purposes and your chance of winning will very less however if you go for long term perspective then surely you will make good stable returns from the gold. I would say gold is long term investment and no for short term investments

[markj113]

Gold has outperformed stocks for the last 40 years so well worth having some stashed away -

[Insertion]

Gold has definitely lost some of its attraction for investors due to market volatility but gold goes up over time for sure. Commodities like gold should make up a small section of your overall portfolio so I wouldn't put more than 10% of my own savings into gold. If you look at the history of gold over the long run it has always gave good returns compared to other long term investments.