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Author Topic: The Consensus is Clear: You Should Own Gold Now  (Read 379 times)
creeps
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March 07, 2019, 02:58:44 AM
 #41

if I myself do not have to choose gold because crypto is still promising now even though the market is down, this year there will be many people who will get big profits
I still don’t see any rush to buy bitcoin right now because i’m still contented on my earnings here in cryptomarket. The Gold may continue to increase in value but I also believe that cryptocurrency will also grow especially with bitcoin price. Anyway, we can actually buy gold and cryptos so better to do it both that to give up one thing to invest to other option.
Better diversified investment, bitcoin and gold are both a strong investment that can be more profitable. There is really no rush on buying gold because its price is not moving that much compare to cryptocurrency. IMO, i would rather buy more bitcoin than gold because I don't see any function of gold aside from the jewelries, so for me its more worth it to buy coins, with a real function in the real world.
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March 07, 2019, 05:21:30 PM
 #42

Gold isn't increasing much but it hasn't crashed anywhere close to the amount bitcoin has.   Most bitcoin investors I know also buy gold to hedge their investments.  Its never smart to put all your eggs in one basket.
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March 07, 2019, 05:40:08 PM
 #43

Better diversified investment, bitcoin and gold are both a strong investment that can be more profitable. There is really no rush on buying gold because its price is not moving that much compare to cryptocurrency. IMO, i would rather buy more bitcoin than gold because I don't see any function of gold aside from the jewelries, so for me its more worth it to buy coins, with a real function in the real world.

Bitcoin a "strong investment" oh really? $20,000 +12 months ago and $4,000 today, so strong, you say it!
People are not really considering gold as an investment. I mean people who are used to buy/sell. They aren't looking to make a profit from it they just want to put in place their funds in something reliable and keep it safe from inflation.
If you don't see any other "function" than jewelry it's just because you don't know enough about it to talk

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March 08, 2019, 02:23:34 AM
 #44

With sentiment for the precious metals returning, outlook on prices turning bullish, and central banks piling on gold reserves, now is a great time to own the metals, according to panelists on the Ultimate Gold Panel.

Join Peter Hug, Frank Holmes, Peter Schiff, and Roy Sebag in part one of the panel discussion, hosted at the Vancouver Resource Investment Conference, and find out why the experts think the tide has turned in gold's favor.

Countries and investors are just trusting USD as world currency less and less so they need to diversify into something. What they will diversify in? For sure not Bitcoin. Yes investors maybe a bit but not countries. Bitcoin is way to insignificant for them. They can invest into CNY as a predicted new world currency and gold. And they do it.
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March 08, 2019, 07:26:12 AM
 #45

Gold's price is slowly decreasing so I don't know what those people are talking about. One thing going for gold however is that it's not volatile. Just don't expect to make a profit out of it.
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March 08, 2019, 09:19:21 AM
 #46

Gold's price is slowly decreasing so I don't know what those people are talking about. One thing going for gold however is that it's not volatile. Just don't expect to make a profit out of it.
some people don't know that gold price movements are slower than new cryptocurrency and gold price movements can benefit when you use very much trading capital, if your capital is small then it will be very difficult to be able to make a profit.

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March 08, 2019, 09:49:33 AM
 #47

Gold's price is slowly decreasing so I don't know what those people are talking about. One thing going for gold however is that it's not volatile. Just don't expect to make a profit out of it.
How come gold's price is slowly decreasing when from time to time the demand constantly rising? We all know that the gold supply is limited so this is where the limited supply could raise up its market price of huge demands. I guess there were just some fake news about the decrease of gold's market price. Gold has proven its market price increase from the last few years.

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March 08, 2019, 02:17:07 PM
 #48

Gold's price is slowly decreasing so I don't know what those people are talking about. One thing going for gold however is that it's not volatile. Just don't expect to make a profit out of it.
some people don't know that gold price movements are slower than new cryptocurrency and gold price movements can benefit when you use very much trading capital, if your capital is small then it will be very difficult to be able to make a profit.
each investment has its own nature, even though gold has no large movements, but gold is the safest to use as an investment tool, because everyone must believe in gold

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March 08, 2019, 03:06:24 PM
 #49

Gold isn't increasing much but it hasn't crashed anywhere close to the amount bitcoin has.   Most bitcoin investors I know also buy gold to hedge their investments.  Its never smart to put all your eggs in one basket.
I think many of you find it difficult to digest the contents of this thread, that the land in the world is already owned by an individual or group of companies (consensus), of course gold mining will be owned by the holder of the land, before it's too late if you buy as much gold as possible
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March 08, 2019, 06:14:00 PM
 #50

Maduro knows the pitfalls of using gold as a store of value Cheesy If there are any other corrupt leaders following those events they will probably be dumping their gold right now and switching to bitcoin!
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March 11, 2019, 12:31:30 AM
 #51

I would if it was affordable.
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March 11, 2019, 01:43:25 AM
 #52

If you have free resources, It's a bad idea at all to own some gold. In last month I read that Turkish Central Bank and Russian Central Bank both bought a record amounts of gold for 2018. While we can't compete at their levels, some gold as a emergency reserve is the perfect option for me.
the best investment of all time is gold, it cannot be denied, but the development of the digital era, savings in gold is the last alternative we save money. in big cities or in developed countries, maybe the investment that is being enjoyed is crypto, because of the advantages offered, so if you are able to invest in both, we save in gold but we also invest in crypto. that is the best.
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March 11, 2019, 02:48:14 AM
 #53

If you have free resources, It's a bad idea at all to own some gold. In last month I read that Turkish Central Bank and Russian Central Bank both bought a record amounts of gold for 2018. While we can't compete at their levels, some gold as a emergency reserve is the perfect option for me.
the best investment of all time is gold, it cannot be denied, but the development of the digital era, savings in gold is the last alternative we save money. in big cities or in developed countries, maybe the investment that is being enjoyed is crypto, because of the advantages offered, so if you are able to invest in both, we save in gold but we also invest in crypto. that is the best.
I think that is because gold already existed from the time it was lost and gold is the most expensive asset produced from the earth and it is very difficult to find gold so it is only natural that gold is the best investment place because gold already exists and is something very valuable since before you were born.
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March 11, 2019, 02:56:37 AM
 #54

If you have free resources, It's a bad idea at all to own some gold. In last month I read that Turkish Central Bank and Russian Central Bank both bought a record amounts of gold for 2018. While we can't compete at their levels, some gold as a emergency reserve is the perfect option for me.
the best investment of all time is gold, it cannot be denied, but the development of the digital era, savings in gold is the last alternative we save money. in big cities or in developed countries, maybe the investment that is being enjoyed is crypto, because of the advantages offered, so if you are able to invest in both, we save in gold but we also invest in crypto. that is the best.
I think that is because gold already existed from the time it was lost and gold is the most expensive asset produced from the earth and it is very difficult to find gold so it is only natural that gold is the best investment place because gold already exists and is something very valuable since before you were born.
besides that I think because gold already has the trust of the entire community, even though the supply is infinite but it is people's trust that makes the price of gold rise


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March 11, 2019, 04:56:31 AM
 #55

This might be too late if you buy gold, sometimes news like this appears to emphasize more where new people come with big demand for gold. Actually to buy gold in people is generally done to avoid inflation from their money that is not used temporarily, and after I read it indeed it was natural for me to do it myself.

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