Will people come back to gold

[FlightyPouch]

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.

I am confused by these thread, why would people come back to Gold? Gold is still one of the best investment for a long time now, people will not come back to Gold, if you will be saying it I guess it will be, they will be now focusing more on Gold than Bitcoin in which I think they are still doing in the past since most of them are thinking that Bitcoin is just a bubble.

[LeGaulois]

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

But still, do you know who are the biggest consumers worldwide with gold? Indian women (I didn't verify, to be honest, I just watched a documentary long ago on the gold topic). So they won't stop to consume, it's something integrated in their culture, and I don't think a government removing a banknote is doing something on gold. Some EU countries are thinking to remove the 500€ banknotes (that we never use or never see once, and the stupid 0.01€ 0.02€ coins)

[noormcs5]

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.

I am confused by these thread, why would people come back to Gold? Gold is still one of the best investment for a long time now, people will not come back to Gold, if you will be saying it I guess it will be, they will be now focusing more on Gold than Bitcoin in which I think they are still doing in the past since most of them are thinking that Bitcoin is just a bubble.

People will not come back to gold. There is no real use of gold rather than just keep it save for long term. You cannot do trading or use it as a currency like bitcoin.

[syamster]

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.

You could be right but if we take look of the history we can see use of gold has been reduce after the Revival of crypto currency. According to me gold is an old way to make money which is very slow earning so now  in this age it’s not worth earning and it can never beat crypto currency as crypto investments is at peak now a day.

[Chachacoin17]

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

Yes, you have your point there. Gold may bring the biggest functionality and it gives brightness to all. Not everyone will have this kind of opportunity but it may bring investment in the country. Like cryptocurrency though it is not stable but it gives advantages to all.

[cahbagus555]

Gold already know for centuries and people always loving gold. If economic crisis happen again, people will buying gold for their safety because not many people knowing about bitcoin. I am believe Gold is safe have investment and Gold is always first choice when crisis happen

[Ridwan Fauzi]

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.

The main reason why gold will always have value is that everyone in the world has agreed that gold is a valuable object. So everyone won't be worried when he has gold as a place to save money even if there is a price decline. In contrast to cryptocurrency, there are only a few people who have agreed that cryptocurrency is a place that has value, they are still questioning things that are technical in nature, so that when the price drops like what has happened will make everyone worried.

[Dr.Osh]

Gold already know for centuries and people always loving gold. If economic crisis happen again, people will buying gold for their safety because not many people knowing about bitcoin. I am believe Gold is safe have investment and Gold is always first choice when crisis happen

Gold has always been a very good investment choice from the past until now. this is because the price of gold continues to rise, and is increasingly valuable every year. of course I will also invest in gold if I think I'm ready.

[magneto]

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.

In periods of financial instability, gold has always outperformed the other sectors. This could be the reason why we saw some more activity within the gold market this year, compared to the last few years.

Obviously, there is pretty much no chance that gold will ever be able to return to being a currency like it once was, but it's still a global standard of store of value. If there was to be a recession in the economy, which is possible soon given the span of time that we have went without one now, we could see a resurgence in gold prices for sure.

But one interesting thing to see is whether or not institutions would put aside some of their funds into BTC as an alternative store of value to gold, which is imo probably more attractive as a longer term investment than precious metals, given that the value of precious metals is likely not to have large gains even in its bull markets given its maturity as an asset class. I guess volatility is an issue, but risk seeking institutions that are able to hold BTC for the long run could see this as a legitimate viable alternative investment vehicle that is independent from the fiat economy in times of crisis.

[deppil]

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.

I am confused by these thread, why would people come back to Gold? Gold is still one of the best investment for a long time now, people will not come back to Gold, if you will be saying it I guess it will be, they will be now focusing more on Gold than Bitcoin in which I think they are still doing in the past since most of them are thinking that Bitcoin is just a bubble.

I don't think I'm going back to gold because many of us are still investing in gold even though bitcoin investment or other technologies are becoming mainstream. gold is not an obsolete investment you know. gold has been around for a long time and will always be in accordance with the times. so I don't think we come back to gold. because we will always invest in gold

[Sri rahayu]

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.

I am confused by these thread, why would people come back to Gold? Gold is still one of the best investment for a long time now, people will not come back to Gold, if you will be saying it I guess it will be, they will be now focusing more on Gold than Bitcoin in which I think they are still doing in the past since most of them are thinking that Bitcoin is just a bubble.

You don't need to be confused, it is their choice and we cannot do anything. For some investors who have less confidence in cryptocurrency, it can happen, but not for investors who still believe in cryptocurrency, they will still choose Bitcoin to invest. In fact, they will choose altcoin which they think is potentially.

[Semosuchi Tesongrato]

Real investors have never abandoned gold. In spite of any innovation, gold has retained its value for thousands of years, and has been the safe haven in the face of wars, revolution and crisis. So, ok crypto, but .... also gold!

[Luthfiyaaa]

gold will never die, people will continue to invest in gold, there is even a cryptocurrency Investment, people still continue to invest in stable gold, many continue to use and prices will continue to rise.

[Initscri]

I don't think gold will be leveraged in the financial system nearly as much as it was in the past. However, every portfolio should have a certain amount of percentage points / exposure to every asset. Gold is a healthy asset to hold, much like cryptocurrency would be (even considering the risk)

To sum: I don't think Gold will be where it once was, but I do think with fear in the market it's usage may increase.

[Apes]

not many people know crypto in the general public. people prefer gold as an investment that is safe and quite tempting. Crypto prices are very difficult to guess even though the potential for profits is quite large. I prefer gold for long-term investment. if to take for a short profit from crypto I just do daily trading on the market.

[bayu7adi]

safe investment is gold, and this gold investment can only be done by large investors with large funds, very stupid if I only have 1000 USD to invest in gold, which gives a 2% profit in a very long period of time
you better buy bitcoin when the price crashes and sell it with a minimum profit of 5%, and do it repeatedly
it's more profitable than buying gold, IMO

[ganlianshifu1]

The performance of cryptocurrencies in 2018 was very low, so many investors withdrew from the cryptocurrency market!
The stock market is also facing the possibility of collapse, so in order to protect its assets, gold may be a good investment!

[eroejoe]

I think that gold could be good investment, gold standard is more reliable than fiat standard, but question will be, is that in favor for central banks and monetary system, I do not think so.

[manfredmann]

No, because I see that they still believe on bitcoin. They are just waiting for some time that bear market will going to end. The decision nowadays for the investors is hard for we do not really know when will bitcoin going to stop falling. For now, joining cryptocurrency may consider dangerous and risky. This is just my opinion and I have the strong feeling that others may think like this also.

[Ranly123]

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's are good investment to begin with. With low volatility it is good to have it and keep. That aside, crypto is the counterpart of it which is more volatile yet it has a higher return.