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Author Topic: Gold: Should We Cash Up or Dive In?  (Read 506 times)
Saifher
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October 31, 2017, 02:20:07 AM
 #21

Gold is still a very useful investment, it is a great way to hedge against fiat like bitcoin is, but it is much more stable and therefore less risky (but also provides less gains in case bitcoin does grow)... I would suggest buying a little into both, leaning more towards bitcoin.

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October 31, 2017, 02:27:46 AM
 #22


Have we reached total gold and silver capitulation? Is it time to move on, are these markets dead forever? It appears so, but perhaps this is exactly when we should be investing. Ellis Martin and David Morgan discuss this and much more.

Probably gold and silver have almost reached it's total capitulation now that it has been mined for long successive years already. Still, I don't think that it is alreadt time to move on but rather it is time for us to diversify our investments on precious metals and in cryptocurrency as well rather than debating about it. That way we will have money if things look bad on either. Having a tangible and non tangible asset is better than having only one.
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October 31, 2017, 03:00:39 AM
 #23

I think its nearly impossible to move from gold and silver, it may not seem but most of the countries still take gold and silver as their investment and the capital of the country is regulated by gold and silver even now.
They are thinking on to move to another precious metal , but I don't think out of the discovered metals gold , siver , platinum, others are suitable.
You see we use metals like gold and silver because they are not reactive, when we look in the reactivity series:-
K , Na , Ca , Mg, Al , Zn , Fe, Sn , Pb , H , Cu , Ag , Au , Pt

Silver gold and platinum occupies the least position, besides copper is something that is available allover the globe thus its value is anyways low also it gets tarnished rapidly.

I don't think there is any new metal to move on to.



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October 31, 2017, 03:01:34 AM
 #24



It does baffle me, that someone like Peter Schiff, who is "woke" to so much that is wrong in the world, is unable to see the value of Cryptos.



Do not worry mate there are this and many other such geeks who don't understand the virtual world in profound way. I have read many articles from the popular financial analyst who are against the bitcoin or at least they don't like the idea of how it is structured in the real world. It just doesn't fit in according to them and may be that was too early to implement the idea of bitcoin.


But again who care because the idea of its implementation did work and it is working in the long term with great success. I mean just look around us are those million crypto lovers dumb to invest that much money.

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October 31, 2017, 03:37:10 AM
 #25

As much as we love to move on from gold and other precious metals, we can't. Governments are heavily committed with these stones and are also heavily invested to it that they simply wouldn't let it die. Also, a market once robust that gone silent has a big potential to be one of the most bullish market again, especially gold and silver with large backings all over the globe. People would still stick into something they're accustomed to until the point where innovation introduces them to new benefits that they weren't getting from their previous items/services/etc


This right here is key to note, and it has its pros and cons with government involvement.

The biggest pro is put forward by you, that government wont let the commodity due as they have a vested interest in the price of it being higher as they own it as well and want the price to be as high as possible. Plus they're not going to be buying more of it, so they don't want the price to go lower (if they were buying more though, they would want the price to dip around the times they purchase, but this isn't the case)

But here is the biggest Con, a lot of your investment is heavily at the whim of government(s) as if they really wanted to, they could just sell a ton of their precious metals and that would throw a lot of supply into a marketplace with no demand increase. This would cripple your investment.

I wouldn't get involved with precious metals.




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October 31, 2017, 03:39:49 AM
 #26

I think gold will remain stable and unaffected by the rise in bitcoin prices, because the availability of gold more than bitcoin.

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October 31, 2017, 03:41:37 AM
 #27

Gold is still a very useful investment, it is a great way to hedge against fiat like bitcoin is, but it is much more stable and therefore less risky (but also provides less gains in case bitcoin does grow)... I would suggest buying a little into both, leaning more towards bitcoin.

I agree that if you are faint-hearted and uncertain about the future then it will be wise to buy a little bit of both bitcoin and gold so that you can remain safe in case of any future disappointment but i doubt if bitcoin will fail.
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October 31, 2017, 05:23:38 AM
 #28

Precious metal such as Gold, Silver etc is still a good and safe investments for investors but the problem is the time you will spent to accumulate the return of your capital by investing to these such metals unlike bitcoin and other alt coins in crypto market, the risk is so high that you can either lose or win but the difference is the value fluctuations from time to time. it doesn't need to wait for over many years just to increase their values. they increase or decrease from minutes to hours a day but the majority is the pump most for the bitcoin. the most safe to do is to invest to gold and other metals then at the same time take the risk to the crypto market.

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November 01, 2017, 09:08:46 AM
 #29

Gold is comparatively more stable and risk free. All Central Authorities across the globe recognize GOLD or SILVER as a cash reserve parameter.
V/s
BTC is quite volatile. Legal status and acceptance of BTC is not clear till now at global level.
Conclusion: No doubt people are gaining a lot faith on BTC and take it as suitable mode of investment to get better return where as GOLD or silver is said to be safest investment.
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November 01, 2017, 09:40:35 AM
 #30

Gold is comparatively more stable and risk free. All Central Authorities across the globe recognize GOLD or SILVER as a cash reserve parameter.
V/s
BTC is quite volatile. Legal status and acceptance of BTC is not clear till now at global level.
Conclusion: No doubt people are gaining a lot faith on BTC and take it as suitable mode of investment to get better return where as GOLD or silver is said to be safest investment.

Usage and stability wise gold might be better than bitcoin but the bitcoin best choice according to me. Because value will rise and down all the time due to its volatiwl nature. If bitcoin is been made a legal money in all the developed countries we does not need worry about the bitcoin in our wallet. Then this will reach till laymen.
Now bitcoin value is costlier than the one ounce of gold. Please go with btc if you are gold buyer for savings.
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November 01, 2017, 10:23:14 AM
 #31

Gold is comparatively more stable and risk free. All Central Authorities across the globe recognize GOLD or SILVER as a cash reserve parameter.
V/s
BTC is quite volatile. Legal status and acceptance of BTC is not clear till now at global level.
Conclusion: No doubt people are gaining a lot faith on BTC and take it as suitable mode of investment to get better return where as GOLD or silver is said to be safest investment.
Although this is true, I prefer bitcoin over gold since my funds are that limited to not to invest to gold. Many people are like me investing in bitcoin since it does not need huge money to start with and a huge return on investment. For starters in investing, I suggest bitcoin before going to any other investment types.

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November 01, 2017, 11:05:21 AM
 #32

It depends on your desire, If you want to make a large amount of money then you have to choose a side. Basically, Gold is a precious metal which has been considered from the most ancient time. But day by day Bitcoin is getting profitable so that anyone can convert his or her gold into cash. if someone can change gold into Gold then he or she will get financially benefited from Bitcoin. I believe that Bitcoin will be the most precious tool in the future.



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