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Author Topic: Will people come back to gold  (Read 24548 times)
KKH84
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January 05, 2019, 03:17:42 PM
 #241

All possible can happen because gold is a manifestation of real money, gold has value and form. I think everyone must be able to distinguish between money and currency to avoid misunderstandings.
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January 05, 2019, 03:20:38 PM
 #242

Well those who were investing in Gold will probably did not left to it especially if they made some gains on it. I think it would.not be appropriate say that people will go back to gold when in fact they probably did not left on investing gold. Thet may venture into another form of investment and they still have their investment.
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January 05, 2019, 10:49:19 PM
 #243

the government will always continue to work to increase their assets without us knowing it because only that is the source of the guarantor of the currency which will become the basic foundation for all the possibilities of fiat they have. Likewise, the circulation of gold in the wider community, but the era of gold will only remain as an asset investment and we will not return to the era of barter with various modern aspects that can no longer be changed back to the past.

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January 05, 2019, 11:03:20 PM
 #244

People will never leave gold in the first place. Aside from you can use it as an accessory its price will still continue to grow in a more stable manner that can still be beneficial for your end you were investing your money on it.

indeed many people have invested in gold but sometimes they also don't want to invest in bitcoin. because sometimes they have benefited, and they don't want to move. so sometimes gold is also very valuable to us and sometimes not.

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Biscutard
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January 05, 2019, 11:26:48 PM
 #245

since ancient times until now gold and silver have always been attractive and remain used as an investment tool until now. because of its beauty and value, which continues to increase, people like to invest in gold. although the increase every year is only 5%. but the value of gold has never dropped. so investing in gold is very safe.
Gold and silver is quite a good investment if we plan to hold it for 10 years, imagine how much it cost then but it is not a good investment if you want to gain some profit in less than a year. I would say, bitcoin is still the best profitable token in terms of investment.
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January 05, 2019, 11:35:56 PM
 #246

since ancient times until now gold and silver have always been attractive and remain used as an investment tool until now. because of its beauty and value, which continues to increase, people like to invest in gold. although the increase every year is only 5%. but the value of gold has never dropped. so investing in gold is very safe.
Gold and silver is quite a good investment if we plan to hold it for 10 years, imagine how much it cost then but it is not a good investment if you want to gain some profit in less than a year. I would say, bitcoin is still the best profitable token in terms of investment.
It not gold investment era rather it is the era of digital currency and everyone want to some extra profit in small time so that is why digital money can give them a lot of profit in very small period but gold will give them their profit in a lot of years and if we keep the gold in home so it will very harmful because thieves can easily stole it so digital currency is more secure than gold and more profitable in short time.
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January 05, 2019, 11:50:33 PM
 #247

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but it is not a good investment if you want to gain some profit in less than a year.

Depends on the year I think, 2019 will be a good year probably as its finished and outlasted a downtrend thats been in play since 2011.    Also we have dollar at a high but putting in a lower high then it recorded previously in Jan 2017 I think

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January 05, 2019, 11:59:53 PM
Merited by The Sceptical Chymist (2)
 #248

As a member of the bitcointalk.org forum, I often hear gold, gold, and gold, because gold is considered a real object, which people can use as a protector of value. Now, let's get rid of all the digital concepts that exist in crypto, bitcoin especially. Suppose that bitcoin is something real, like gold. Then you imagine, that you are now holding a piece of gold in your hand. Now you try to think, who created gold? And, does gold have a definite number? I don't think anyone can prove who and where the creator is, because so far no one has ever created gold. Because to get/have gold, of course we have to mine it first or buy it from the nearest gold shop. In this case, an investor should be aware that the price of gold is basically easier to manipulate, because their transactions are not transparent.

So in my opinion, only smart investors will spend their funds on cryptocurrency, because crypto is more transparent than gold especially its fluctuations.

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January 06, 2019, 05:50:27 AM
 #249

Will be possible many people back to gold investment, when always got bad moment and lost money with bitcoin investment, they will try back to gold investment and hope get profit there.

the situation sometimes can change nowadays. moreover the state of bitcoin is being so declining, so it makes a lot of people sad, and sometimes they look for other ways to make a profit. moreover they are also afraid of the risk of bitcoin which is increasingly declining.
for those who are afraid of cryptocurrency, gold is an alternative investment. I think as an investor already have a view on investing. and I think the moment is one of the causes
This is not correct mate if market is moving slow then it does not mean that one should get discourage and start to think negative because gold is not good as compare to the bitcoin because we know that good grows very slow along with the risk but bitcoin grows faster and with safety because of all those wallets.
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January 06, 2019, 05:59:12 AM
 #250

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.
It depends. Gold is not like cryptocurrency, cause it doesn’t have high risk. Gold is just like investing in your money in lands, if you buy land today, after some years the price will increase. That’s how Gold works too, if you invest in it today, in some years coming the price will also increase. It is less volatile than Bitcoin and there isn’t huge risk. But for Bitcoin, it is highly volatile and that makes it a lot riskier.
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January 06, 2019, 12:52:42 PM
 #251

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 would take a rest about investment of Bitcoin because they felt not to received a good return. But about for buying of gold is normal for them because gold is not volatility. People are still waiting for a good price as of the moment but it doesn't mean people are split to use to others like gold
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January 06, 2019, 04:55:07 PM
 #252

I am sure that gold is the safest and most important investment choice for everyone, they will never leave gold because only gold is the standard and will continue to be accepted throughout the world even in a recession.
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January 06, 2019, 06:26:58 PM
 #253

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 would take a rest about investment of Bitcoin because they felt not to received a good return. But about for buying of gold is normal for them because gold is not volatility. People are still waiting for a good price as of the moment but it doesn't mean people are split to use to others like gold
Apart from all this i am not in favour to buy gold because i have never seen any of gold invest to be happy. This is best to think wise and invest in those which grows. Gold is now an old fashioned investment according to me only those who are living in  nineties will invest in gold but those who knows how to move with time will buy only bitcoin.
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January 06, 2019, 10:03:13 PM
 #254

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 would take a rest about investment of Bitcoin because they felt not to received a good return. But about for buying of gold is normal for them because gold is not volatility. People are still waiting for a good price as of the moment but it doesn't mean people are split to use to others like gold
Apart from all this i am not in favour to buy gold because i have never seen any of gold invest to be happy. This is best to think wise and invest in those which grows. Gold is now an old fashioned investment according to me only those who are living in  nineties will invest in gold but those who knows how to move with time will buy only bitcoin.

Price of gold doubled since 10 or more years ago, I need to check dates to be sure exactly. Price of gold have a steady grow, but have in mind that banks and big gold corporations manipulate with supply and demand. What they do is some other topic, but lets try to look at average person, how many of them have anything with gold expect few rings, necklaces or something like that, who from us here have some investments in gold? I don`t have anything gold, I don`t even like it. Crypto is much easier to buy, store and trade with, except that crypto is growing industry and gold has a steady price grow. I believe gold lovers will move to crypto, far from that that gold will be forgotten, its a nice way to keep your fortune, but don`t count on big profit in short term.

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January 06, 2019, 10:30:30 PM
 #255

Gold was always strong and that is going to continue probably for a very long time since the economy of it is so big and so much money are invested every year. I don't understand what you mean by asking is people will come back to gold, because I don't think they ever forgot about gold and leave it behind. It doesn't matter what kind of new investment will appear, gold is always going to be in the top because it's something existing since the term of economy was created and its also something tangible unlike different assets or cryptocurrencies.
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January 06, 2019, 10:48:03 PM
 #256

I am sure that gold is the safest and most important investment choice for everyone, they will never leave gold because only gold is the standard and will continue to be accepted throughout the world even in a recession.

It is one of the safest investment as told by the investors.

Gold is always every where in the globe and that is the reason it really is one of the best investment or asset you can have. Wherever you go, gold has its value sticked to it, countries may have different values to gold but you get the point. Investors will not be coming back to gold because in the first place, they never leave gold.
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January 07, 2019, 12:21:15 AM
 #257

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Investors will not be coming back to gold because in the first place, they never leave gold.

The world has left gold.   If you want a certain conclusion and comparison thats how certain I would state it.    In previous decades, the whole world had a currency based around the solid worth of gold.   I'm not going to argue any kind of perfection based off metal standards and I'm sure plenty of mistakes occurred anyhow.  Also consider the fractional reserve relating to gold, even USA never kept a 100% backing with gold it was always some kind of theoretical holding to meet any requirement to pay gold while almost always trading just paper notes

The point now and the stark contrast to all modern money is it has no relation to gold.      Its very different now from before, many might excuse this due to technology or all sorts of reasons.   Gold got old, whatever line

However its nonsense, whats just true now is we have debt and we dont have assets to cover the debt.   We hope to pay bills but its stretched scenario and the multiple deficits maintained over decades with no attempt to resolve or readdress that balance would seem to indicate a forced rebalance will occur.

I dont care about politics, I dont care whose responsible, doesn't really matter as we all are part of the scenario as humans.   The only real thing to take away, is this situation real and how is it likely to develop.
     Will people come back to gold, almost certainly the % people use gold in 2030 over 2019 is going to significantly higher.   I hope thats clear enough, obviously people should think and read on related info for themselves but its a definite trend imo

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January 07, 2019, 03:25:24 AM
 #258

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Investors will not be coming back to gold because in the first place, they never leave gold.

The world has left gold.   If you want a certain conclusion and comparison thats how certain I would state it.

What?! That's not what the chart says. Between 1999 and 2011, the price exploded 660%. Since then, we've only seen a shallow retracement, implying a bullish consolidation. That illustrates a lot of demand!

Despite the emergence of fiat banking, gold continues to play an important role in finance today. Central banks have been heavily accumulating gold over the last decade as a matter of hedging and diversification. From a few months ago:

Quote
As the global financial system seized up in 2008 and early 2009, global central banks caught the gold buying bug again. It's a trend that looks likely to continue.

Starting in 2008 central banks have continuously added gold to their reserves. At first, the net acquisitions additions were relatively small. In 2008 and 2009, such institutions added 580,000 and 210,000 ounces of the metal respectively, again according to CPM data. Since then the buying binge has accelerated, with around 11 million ounces getting purchased in 2017, with likely a similar amount forecast for this year.

"Today central banks are buying gold to diversify their monetary reserves," says CPM's Christian. "Most central banks want to diversify away from the dollar."

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January 07, 2019, 04:14:56 AM
 #259

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, gold has always been and will always be the best option when it comes to investing, it will never be out of the market and it will never run out of value. I cannot blame why people are getting back on gold rather than going on cryptocurrency and other modes of investments, now when it comes to usd, I cannot tell whether the demand for usd will be affected as much, but if this dark year will come near, definitely everyone will be affected, it doesn't matter what world classification your in.

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St4yInTh3D4rk
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January 07, 2019, 04:28:37 AM
 #260

I am sure that gold is the safest and most important investment choice for everyone, they will never leave gold because only gold is the standard and will continue to be accepted throughout the world even in a recession.

It is one of the safest investment as told by the investors.

Gold is always every where in the globe and that is the reason it really is one of the best investment or asset you can have. Wherever you go, gold has its value sticked to it, countries may have different values to gold but you get the point. Investors will not be coming back to gold because in the first place, they never leave gold.
Gold is one of the safe zone for investors and storage of value but it involves lot of politics in it.In many countries the people were trusting the golds too much and  others were considering gold ornaments are much important to show their prestige,but it all was just created for the purpose of increasing demand of gold.Maybe who knows if people stop buying gold it also can lose its value.

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