Will people come back to gold

[LeGaulois]

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.

Oh, no, here you are wrong. For most guys that want to make money (big money, sure), gold is in the first place. For them, it is easier to buy precious metal than to work with the cryptocurrencies.

Here i am not agree with you mate people are now modern and they are not using gold even as jewelry  so as an investment only foolish will use. As much as you said people love previous things so I must say that the previous you use the danger you will gave to your money as anyone can steel your gold so better invest in crypto currency it has digital, unbearable security.

You don't use gold, you store it, you don't invest money in gold you save it. Why on earth people don't understand the purpose.
If a day your country is in war let's see who was the fool to not buy gold before, yes you could be the one begging some food to others.
Very hard to steal gold, most people store gold in a vault, if you can go there and steal gold then go... I can steal your cryptos as well, in fact, it's easier to steal cryptos than gold.

[sulendra12]

hopefully this year the bitcoin price will rise and prices will stabilize

And it's never then.

gold is free

Gold is not free what the hell.

it will start a trading platform . easier way to earn a huge of money ..

Trading isn't an easy way to earn money, you could lose more than you can afford if you still keep thinking like that. Just look at other trader, especially the common one. Did they get lot of money through trading?

[Triwiyono]

of course people will return to gold, they are more stable and many people still like gold. it is equally beneficial between bitcoin and gold, but gold is safer and will always be loved all the time by many people. maybe for investment, many choose to invest in gold and bitcoin at once.

[Joshapat]

I hope they will come back to gold because i am doing the same thing because the profits i am making with cryptocurrency will help me to buy more gold. In this way, our investment will be in safe hands instead of just keeping them completely in cryptocurrency.

Gold is a traditional investment with a very small price increase, I am sure that gold investors are rich people who are used as long-term investments and they already have strong finance so they will not sell gold in the short term.

[Jesabela04]

Despite the existence of cryptocurrency, people are still into gold as an investment. As for most of the people who are holding gold, the is a lesser risk in it and that they could have it in their own hands. It is important that we'll know where to invest and no matter how many altcoins may exist we should know that gold is the most trusted invetment of all time.

[19Nov16]

of course people will return to gold, they are more stable and many people still like gold. it is equally beneficial between bitcoin and gold, but gold is safer and will always be loved all the time by many people. maybe for investment, many choose to invest in gold and bitcoin at once.

Gold is the safest investment than others, most stable and acceptable investment for anyone, anytime and anywhere, all countries make gold a state asset so that anyone who has gold is not worried about any situation including recession and even world war.

[ifinta]

Please consider the reality:
The rarity of gold in the known universe is much less as the rarity of bees in our Globe already. Or?
I feel the life of bees is much important for us. Gold don't help us, if the bees can't live and work any more.
The people should come back to the REALITY... I think.

Any other opinion?

...
But the richest person is:
Hector Servadac on the comet, where the stons are pure gold
It is a luck - this comet has water and air with oxigene... And some life. From our Earth.
 

Anyone read it?



If not - it a good book, as the others also - from Jules Verne...

[Dr.Osh]

of course people will return to gold, they are more stable and many people still like gold. it is equally beneficial between bitcoin and gold, but gold is safer and will always be loved all the time by many people. maybe for investment, many choose to invest in gold and bitcoin at once.

since long time ago, gold has always been the item that was sought after, and very well made an investment tool. even since there is no money, I think they are doing gold and silver mining. until now, the price of gold is still very high for 1 kg.

[STT]

^^ Gold as a ratio to oil cost would give a more sensible view then just counting up a plain figure.     Gold is not free but its supply is related to costs, oil being a long term part of that

I'm certain gold is not expensive

if the investment is to be made to gold, silver, and so on, more amounts of money must be invested than cryptocurrencies because these mines do not earn as fast and as much as crypto money

The gold market is far more suitable for large investment then crypto quite often due to volatility and also the whale problem.    A rhino taking a dip in a bird bath is not going to end well, the largest entities require a big stable market which makes gold far more suitable a base for long term value retention.   The fact gold has been a quite stable price, either maintaining or rising over decades is hard to beat in comparison

[biskitop]

no, the economy will not be able to walk using gold alone, because gold is a resource that cannot be renewed, so it is impossible to use gold. and if indeed someone is interested in investing in gold and when gold is scarce and the price is too high, it is the same that no one will buy it. meaning that the investment will be in vain. it's better to go forward using crypto.

[vintages]

gold is free and they are not bound and affected by inflation and many other activities and this makes gold able to provide good value for the future. gold as crypto they are decentralized and having them in large quantities will benefit you

Gold is not free neither is it decentralised,  if gold was truly decentralised,  we won't be having many owners  of it greedily having so many of them to themselves alone, it's not truly transparent just as cryptos and that is what makes crypto to stand out.  I know you meant it being free as in the sense that anyone who have the money can acquire it can have it but yet... It's not.

[Faxmate]

gold is free and they are not bound and affected by inflation and many other activities and this makes gold able to provide good value for the future. gold as crypto they are decentralized and having them in large quantities will benefit you

Gold is not free neither is it decentralised,  if gold was truly decentralised,  we won't be having many owners  of it greedily having so many of them to themselves alone, it's not truly transparent just as cryptos and that is what makes crypto to stand out.  I know you meant it being free as in the sense that anyone who have the money can acquire it can have it but yet... It's not.

The concept of gold is so old and it will never profitable as like bitcoin so now we should think about new era because its a digital time and that's why bitcoin replace the gold, bitcoin is a short time investment and gold is long time investment rather if gold price increase so it will not big profit but than bitcoin will very huge profit in very short time and also security will sure so people will never lose their trust rather invest in this currency before you feel guilt.

[shinharu10282016]

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.

Looks like most people are losing trust on the power of USD since the demand for it went down.

Let me guess that 'Asia' consists of Japan, South Korea, and China. Singapore too. Other than those, you don't expect anything from them to make such adjustments. Maybe a little but not as big as the countries I mentioned.

[Dr.Osh]

no, the economy will not be able to walk using gold alone, because gold is a resource that cannot be renewed, so it is impossible to use gold. and if indeed someone is interested in investing in gold and when gold is scarce and the price is too high, it is the same that no one will buy it. meaning that the investment will be in vain. it's better to go forward using crypto.

maybe very good when everyone uses cryptocurrency. but, I think people will be more interested in gold, because basically, money becomes valuable because of gold. well so I think people are more interested in having large amounts of gold. so, maybe people will return to gold

[Xk80jq]

   I don't think this is not the right time to go back for gold, gold is lots of reserved so the price is low. They cannot gets easy profit for gold .

[Naida_BR]

I hope they will come back to gold because i am doing the same thing because the profits i am making with cryptocurrency will help me to buy more gold. In this way, our investment will be in safe hands instead of just keeping them completely in cryptocurrency.

Gold is a traditional investment with a very small price increase, I am sure that gold investors are rich people who are used as long-term investments and they already have strong finance so they will not sell gold in the short term.

But you said that it has a very small price increase... How gold investors are going to be rich? By accumulating the small fractions of the price increase year by year?
Gold is not an investment. It is an alternative of saving and storing the value of your money. No one became rich by buying gold, because only rich people buy it.

[awik p]

I hope they will come back to gold because i am doing the same thing because the profits i am making with cryptocurrency will help me to buy more gold. In this way, our investment will be in safe hands instead of just keeping them completely in cryptocurrency.

Gold is a traditional investment with a very small price increase, I am sure that gold investors are rich people who are used as long-term investments and they already have strong finance so they will not sell gold in the short term.

But you said that it has a very small price increase... How gold investors are going to be rich? By accumulating the small fractions of the price increase year by year?
Gold is not an investment. It is an alternative of saving and storing the value of your money. No one became rich by buying gold, because only rich people buy it.

the rich buy it because prices continue to rise and are greater than the increase in inflation every year. and I think that can also be called an investment. but many are abusing it for money laundering, because it is not registered with state assets, unlike land or property which is recorded in the state administration.

[SvonioneFromMangoCoinz]

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.

that's just a short-term need for people because fiat money is becoming more and more valuable. Gold will be a great choice now because it is a very difficult asset to be shaken. When the world's economy is restored, they will start selling gold and continue to invest in financial markets.

[STT]

Gold is not an investment. It is an alternative of saving and storing the value of your money. No one became rich by buying gold, because only rich people buy it.

Thankyou, I really dislike people saying gold or Bitcoin even or the majority of crypto is a investment.   Its just a holding, if I go out and purchase a barrel of oil I'm not invested as what I'm actually doing is speculating on an asset price rising.

If we own a gold miner then thats an investment, capital is deployed in working operations for profit or loss and so we are invested in business.   Just holding a plain currency gives me no part in that production, the people who hold US Dollar notes are creditors to a debt at best but have no yield or return or rights for that note as its not linked to any contract worth.

Gold also, famously it has no counterparty and so that is its worth to be independent of many failings that can occur in other types of asset worth.   But we are speculators, really my bet is the dollar is overvalued and gold under used as exchangeable worth.   A rise in its holdings relative to world trade means the price rises greatly, possibly to 10,000 is feasible which is a big gain for something that never changes value.
Whats happened at 10,000 would be mostly about the fall of the dollar in usage and absolute value exchangeable for ordinary goods all the way down to bread and water


The point about only rich people is incorrect, gold is distributed around the world and is a natural resource that regularly reoccurs open to industry with low entry points.    Its very ironic I'll agree but gold is less centralised then political FIAT currency
Gold was commonly held by ordinary public when notes were backed by it, they dont have to literally carry around the gold to be utilising its attributes in wealth preservation

[DigiPiglet]

Think of it this way: Old folks who aren't particularly interested in technology will continue putting their money in gold. However, only a small fraction of new generations will do the same. Over time, the overall preferences will shift, and more people will invest in digital assets, rather than physical gold. That might very well take a few decades though.

Fast forward to the year 2100: If we manage to colonize our solar system, we will at some point be able to reach asteroids and planets with far more precious metals than we have on earth. With supply increasing, prices will fall. Bitcoin on the other hand, in 2100, will still be limited to <21 million