jointherevolution
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December 07, 2018, 06:40:53 PM |
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Some people always have some gold even when economy is good but naturally when economy is bad, more people interested in buying gold. Also silver and other worthy metals. When difficult times pass they sell those and get back to their currencies. That's how it goes.
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MULTIK888
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December 07, 2018, 06:46:25 PM |
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Gold is something that inspires the confidence of investors for hundreds of years, or even thousands!. It will never depreciate and therefore today, when the indices are falling all over the world, investors begin to shift their money to a safe place. It is not gamblers who buy gold, but serious investors with large capital, because they are not interested in high interest rates and high risks. Now just a time when everything is falling and it is necessary what to wait.. when all stabiliziruemost gold prices will again start to fall.
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aoluain
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December 07, 2018, 07:16:40 PM |
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Gold might be good to get into. There is talk that the stock market could be heading for a bear trend and that could last a while. Gold might benefit from that but it would be a slow burner.
I too am quite positive in the long term for bitcoin regardless of all the FUD.
I don't think the crypto currency investors are going back to invest on gold now in large scale,this may happen because governmets want to save their value so they need to have more gold to backup since USD is weakening now when compared to previous year.I still believe bitcoin will be still preference for more investors but they are waiting for the right time to enters into the market. No i meant stock market investors might go into gold. There will definitely be more investment into bitcoin and crypto and now may not be a time that appeals to them. I could never read the markets so we may see a bit more falling before they decide to jump in.
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bayu7adi
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December 08, 2018, 01:49:54 AM |
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With the current economy, the fears about the Brexit, Italy, the Sino-American problems and the general pessimism among investors; It looks like Gold is coming back the past months. At the same time, countries like the EU, Japan & China are reducing their investments in the economy, (it should also reduce demand for the USD?)
Even the Central banks are buying more Gold (+13% from the previous year). Economists predict a dark year for 2019 and it seems a lot of large funds are now buying Gold massively. Especially from Asia and Soviets.
most likely the safest asset is gold, where its existence is certain and liquidity is recognized by all countries. As long as the cryptocurrency is not stable, investing in gold is a good choice for us in the long run
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redsap
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December 08, 2018, 01:53:11 AM |
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well i think that gold will always favorable for many people to invest i guess and that so, people will always going back to gold again if that are happen, because we know that if gold are already use before we realised that paper money
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jrrsparkles
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December 08, 2018, 05:33:30 AM |
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Gold might be good to get into. There is talk that the stock market could be heading for a bear trend and that could last a while. Gold might benefit from that but it would be a slow burner.
I too am quite positive in the long term for bitcoin regardless of all the FUD.
I don't think the crypto currency investors are going back to invest on gold now in large scale,this may happen because governmets want to save their value so they need to have more gold to backup since USD is weakening now when compared to previous year.I still believe bitcoin will be still preference for more investors but they are waiting for the right time to enters into the market. No i meant stock market investors might go into gold. There will definitely be more investment into bitcoin and crypto and now may not be a time that appeals to them. I could never read the markets so we may see a bit more falling before they decide to jump in. Looks like some of the stock market investors were jumped into the cryptos again? Because when I wakeup this morening the prices were again going greenish for all the coins.Hope to see many more investors now before then end of this year to uplift the prices to some good certain level.
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▄▄████████▄▄ ▄▄████████████████▄▄ ▄██████████████████████▄ ▄█████████████████████████▄ ▄███████████████████████████▄
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| │ | ████████▄▄███████▄▄ ███████▄████████████▌ ██████▐██▀███████▀▀██ ███████████████████▐█▌ ████▄▄▄▄▄▄▄▄▄▄██▄▄▄▄▄ ███▀░▐███▀▄█▄█▀▀█▄█▄▀ ██████████████▄██████▌ █████▐██▄██████▄████▐ █████████▀░▄▄▄▄▄ ███████▄█▄░▀█▄▄░▀ ███▄██▄▀███▄█████▄▀ ▄██████▄▀███████▀ ████████▄▀████▀█████▄▄ | . "I could either watch it happen or be a part of it" ▬▬▬▬▬ |
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TheClownSong
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December 08, 2018, 06:11:38 AM |
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With the current economy, the fears about the Brexit, Italy, the Sino-American problems and the general pessimism among investors; It looks like Gold is coming back the past months. At the same time, countries like the EU, Japan & China are reducing their investments in the economy, (it should also reduce demand for the USD?)
Even the Central banks are buying more Gold (+13% from the previous year). Economists predict a dark year for 2019 and it seems a lot of large funds are now buying Gold massively. Especially from Asia and Soviets.
Gold always safe haven assets and its more safe to keep our funds in gold. When economic crisis happen, most investor prefer convert their investment to gold. I think gold is good investment in uncertain market and anybody can accept gold when we need money for emergency.
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b3llsf1l3s
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December 08, 2018, 06:56:48 AM |
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With the current economy, the fears about the Brexit, Italy, the Sino-American problems and the general pessimism among investors; It looks like Gold is coming back the past months. At the same time, countries like the EU, Japan & China are reducing their investments in the economy, (it should also reduce demand for the USD?)
Even the Central banks are buying more Gold (+13% from the previous year). Economists predict a dark year for 2019 and it seems a lot of large funds are now buying Gold massively. Especially from Asia and Soviets.
I think people use a lot of money to buy gold to preserve their money. It is not a new trend. When the economy stabilizes, they will definitely invest in crypto and the stock market. Do not worry, everything will be fine. But if we compare between gold and crypto, its still far from the goals if we think its all were same. Gold from a long time has been used in all sector and industries, its still valuable, Moreover, gold has a physical form which make it so easy to prove how valuable it is. But in crypto without a physical form and still have much case and controversy, That was can caused these prices unstable. Manipulation in gold also didn't affect to world economy, for now people aware to Oil manipulation.
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Vishnu.Reang
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December 08, 2018, 07:06:37 AM |
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I don't see a bright future for gold. In two of the major markets (India and China), the demand for gold has been going down continuously for the past 6-7 years. And the future trends are also negative.
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jrrsparkles
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December 08, 2018, 07:20:52 AM |
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I don't see a bright future for gold. In two of the major markets (India and China), the demand for gold has been going down continuously for the past 6-7 years. And the future trends are also negative.
Don't think so,Gold is always precious metal and good safe investment because where the prices never fell too much like any other investment and more over we can call it as storage of value over th investment because the growth rate is very low when compared to others.Demand maybe decreased on those countires just only because of they are facing more economical problems due to inflation and bad government administration so people were out of money to save anything for their future.
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| │ | ████████▄▄███████▄▄ ███████▄████████████▌ ██████▐██▀███████▀▀██ ███████████████████▐█▌ ████▄▄▄▄▄▄▄▄▄▄██▄▄▄▄▄ ███▀░▐███▀▄█▄█▀▀█▄█▄▀ ██████████████▄██████▌ █████▐██▄██████▄████▐ █████████▀░▄▄▄▄▄ ███████▄█▄░▀█▄▄░▀ ███▄██▄▀███▄█████▄▀ ▄██████▄▀███████▀ ████████▄▀████▀█████▄▄ | . "I could either watch it happen or be a part of it" ▬▬▬▬▬ |
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STT
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December 08, 2018, 07:30:37 AM |
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I dont believe thats correct, India is trying to restrict the movement of gold and use within its borders. They have notably removed entire bank notes from circulation as viable currency over night while trying to clamp down on the cash economy. This was done in order to favour central government control over the economy for taxes and revenue, to aid regulation of India as a whole rather then the divided country it has been in the past.
India might easily view gold as opposite to that central control of money and capital flows within its economy, I dont think they are positive on its use by the people. However the people who are always more important when calling a trend are positive on gold and gold has a long history in India going back many centuries as the only real money to pass within and between families. Most commonly this would be demonstrated in weddings I guess but also gold is used for security in a business, many still save this way AFAIK
Same for China the people respect gold still as not just jewellery but traditional money. I think this is far more true for these two growing countries then is reflected anywhere in the west, we are fully signed up to credit here and seemingly happy to accept the inflation and sponge like nature to value that comes with it in each boom bust cycle.
As a westerner I'm not sure we are even able to recognise money any more minus the credit and centralised government bank influence, its been generations since we had solid money so the idea is a mystery to us more or less. In Asia either through tradition or just every day use they recognise the concept or feeling far better. Thats just my guess but I dont think they ever lost the thread of capital exchange via precious metals like we have done so absolutely here. They definitely do have the debt and paper money, central banks and all we have but also have kept a better respect for gold. In Vietnam they buy houses with gold bars apparently, the price in paper would vary far too much over night and cause problems in holding an agreed price a house cant be sold fast enough I guess for it not to be a problem. Vietnam also has giant amounts of inflation, printing and a lower labour cost then China, they are growing and with knowledge of gold as a vital backstop. If the future should bring financial trouble again like a decade ago, I think many countries will be using gold and trusting value from it.
How well gold competes vs others alternative standards is debatable but as a great fan of technology I wont believe gold goes away in my lifetime
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mimipipi
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December 08, 2018, 09:38:01 AM |
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Why not? it could happen. Because as long as the price of the digital currency has deteriorated , people will switch to investing their money by buying gold. Gold is the safest asset in the long run. And gold will always be profitable for most people to make investments.
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Gibreil
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December 08, 2018, 11:21:13 AM |
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Why do we need to battle between gold and Bitcoin? They are both sentimental and valuable in our economy. I do not want to buy gold or invest for it since I am not a luxurious person who wants jewelries. I am a simple person and I am satisfied with bitcoin even it is so low right now.
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ninuplanste
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December 08, 2018, 11:39:08 AM |
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With the current economy, the fears about the Brexit, Italy, the Sino-American problems and the general pessimism among investors; It looks like Gold is coming back the past months. At the same time, countries like the EU, Japan & China are reducing their investments in the economy, (it should also reduce demand for the USD?)
Even the Central banks are buying more Gold (+13% from the previous year). Economists predict a dark year for 2019 and it seems a lot of large funds are now buying Gold massively. Especially from Asia and Soviets.
I think people use a lot of money to buy gold to preserve their money. It is not a new trend. When the economy stabilizes, they will definitely invest in crypto and the stock market. Do not worry, everything will be fine. But most investors are choosing the investment opportunities based on how quickly they could get more returns for their investments. When the economy stabilizes, the returns from normal stocks and shares will be very less then there will be plenty of chances for more investors get into crypto currencies. But, gold will always having stable running still people prefer to invest on it just for the reason of having it as a store of value.
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ShadowBits
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December 08, 2018, 12:48:24 PM |
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With the current economy, the fears about the Brexit, Italy, the Sino-American problems and the general pessimism among investors; It looks like Gold is coming back the past months. At the same time, countries like the EU, Japan & China are reducing their investments in the economy, (it should also reduce demand for the USD?)
Even the Central banks are buying more Gold (+13% from the previous year). Economists predict a dark year for 2019 and it seems a lot of large funds are now buying Gold massively. Especially from Asia and Soviets.
People didn't really left from Gold they just diversify to crypto because they want to earn more than just in one source of income.
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horrifiedx1
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December 08, 2018, 12:52:53 PM |
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With the current economy, the fears about the Brexit, Italy, the Sino-American problems and the general pessimism among investors; It looks like Gold is coming back the past months. At the same time, countries like the EU, Japan & China are reducing their investments in the economy, (it should also reduce demand for the USD?)
Even the Central banks are buying more Gold (+13% from the previous year). Economists predict a dark year for 2019 and it seems a lot of large funds are now buying Gold massively. Especially from Asia and Soviets.
People didn't really left from Gold they just diversify to crypto because they want to earn more than just in one source of income. right, gold has been trusted since ancient times until now. entering crypto only takes advantage of opportunities to make greater profits. for those who are experienced, I think that I still invest part of the funds in gold. Moreover, gold is currently at the highest price since July. which is inversely proportional to crypto
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kavindra
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December 08, 2018, 01:03:09 PM |
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I don't see that people mostly move or turn on Bitcoin even though it is now increasingly becoming trend of digital era. Gold, silver and real estate still becoming best choice and priority investment. Bitcoin is just becoming an alternative investment even though it offers much more return of investment than conventional investment.
So, this topic is a little bit ambiguous because gold and silver were not completely left. It is becoming favorite because it is more secure and low risky.
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bummm
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December 08, 2018, 01:44:51 PM |
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Maybe yes and maybe not. For those who have been disappointed with the crypto market, it seems that he will leave Crypto and switch to other assets such as gold or possibly real estate. But for those who still have high optimism and enthusiasm in crypto, then surely they will stay and just be patient to look forward to the next increase from the crypto market.
The richest people manage to invest in all profitable things. They certainly buy gold and store it in the banks. They invest in real estate. They buy many Bitcoins when the crypto falls like now.
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Indamuck
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December 08, 2018, 02:09:40 PM |
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Gold will always have it's use outside of bitcoin. Of course there is the manufacturing process which uses small amounts of gold. Also if a major crisis happens where the electrical grid is shut down bitcoin will be nearly worthless and gold will be the king. Anyways you should always diversify and it doesn't hurt to own at least some gold.
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khimer_rangers
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BountyMarketCap
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December 08, 2018, 03:02:26 PM |
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for me investing in gold is very good but for the long term and the risks involved are also quite small compared to investments in crypto, but to trade every day I think crypto is better than gold but for me personally I still like to invest in crypto and still believe prices will grow someday.
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