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Author Topic: Jim Rickards: Is now the right time to invest in gold?  (Read 1211 times)
jvdp
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September 15, 2017, 05:14:57 PM
 #21

Do you mean physical gold coins with a bitcoin paper wallet inside them ?    I guess this is a good thing if it means people are more willing to diversify into gold as well as bitcoin.   In a decade or so it will be interesting to see if the gold is worth more then the code's original contents.
So far bitcoin has been gold since those coins were first made, the gold bugs will say that in the end gold will be value that is highest as it is more durable. 

  My reckoning between the two, bitcoin is not something you should hold forever, its meant to be traded and made useful; where as a gold coin can be held from young age till you retire and serve a purpose in value

Bitcoin is the combination of both gold and  currency. In bitcoin, like a gold you can inverse your dollars.If you want dollar means you can sell back the bitcoin .I.e,trade the bitcoin and get the double or triple of dollars you inverse in bitcoin. In gold also the value is some how raise .But in bitcoin ,the price  is keeps on increasing.

 
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September 16, 2017, 03:01:32 AM
 #22

...

Smart people diversify their investments.  Holding some gold and some Bitcoin is just prudent and smart.  Au and BTC completement each other: HODL both!
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December 10, 2017, 02:57:24 AM
 #23


Jim Rickards expects the currency wars to continue for at least another ten years. UNLESS the fiat system collapses underneath its own weight before that time. He sees gold as one of the only safe havens in this eventual collapse. The gold is moving into hands that won't be letting go anytime soon and the market is becoming increasingly less liquid.


Click here to watch this video:

http://jimrickards.blogspot.ca/2016/11/jim-rickards-is-now-right-time-to.html



For me,its nice to have a gold investment, but you should not carry it everywhere or use it in time of emergency unlike bitcoin you can use it everytime in case of emergency, because bitcoin you can exchange or transact it to traditional currency everytime you must need it,or you can used it to pay your bill transaction.bitcoin and gold is same common in purpose,but in the different way of servicing to the economy.

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